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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is a Canada-based gold exploration and mining company. The Company is on focused the discovery and development of economic mineral deposits by acquiring prospective exploration projects. The Company holds 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project, and nine claims, covering a total of 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. The Grub Line property is located approximately 3.5 kilometers (km) west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Post by rockinladyon Apr 18, 2020 2:25pm
517 Views
Post# 30925595

What we have and where we're going

What we have and where we're going

A reminder of our assets. Well, we know we don’t appear to have progressive management, but here’s an update of our assets at the Lone Pine Property. The property is so robust it will eventually bypass our poor management and go ahead with new leadership. Management’s negligable support, having seemingly held this property back for a decade, will in the end be ousted unless they do something progressive soon. This reminder on this siteone of the few social media outlets for information any longer about Bard and the Lone Pine Propertywill hopefully augment the lack of property information elsewhere.

 

(1) The Alaskite Zone is located approximately 1 km from the Transcanada highway, which transects the south sector of the property. The highway joins the towns of Houston (rail line 15 km distant) and Smithers, each about a half-hour drive from the property. These towns support several large porphyry mines with supplies and lodging. Houston also has an airport about 5 km from the property, which supports small jet aircraft: Smithers has a large airport that supports larger aircraft. A gasline and hightension power line are located nearby. A large water source is also located on the property.

Alaskite Zone orebody particulars:

163,000,000 tonnes of open pit ore at a grade of 0.69% Molybdenum, 0.034% Copper, 0.6 gms Silver per tonne. With completed PEA (Preliminary Economic Assessment). The grade would be slightly greater if the inferred grade category was considered.

Drill examples:

Drill Hole BD-08-25: 730.90 metres @ 0.10% Molybdenum/0.15 grams per tonne Rhenium

Drill Hole BD-08-35: 753.74 metres @ 0.10% Molybdenum/0.14 grams per tonne Rhenium

Note: These are vertical holes! Half a mile straight down!

I believe bulk sample assays of the Alaskite Zone ore will show recoverable values of gold and greater amounts of silver, because this was indicated by some exploration prior to Bard’s. I also believe this deposit could be similar to the Climax molybdenum deposit, which was shaped like an hourglass and the surface deposit was merely the top of another large, conjoinded deposit at depth.

 

(1) The Quartz Breccia Zone is located 1 km north of the above Alaskite Zone. It is accessed by several good gravel roads and has at least a couple drill sites already prepared for drilling. Around a dozen holes by Bard outlined a block, which in my back-of-envelope-rough-estimation would contain approximately 40,000,000 tonnes already. It appears to be open on all sides and to depth, dipping toward the Alaskite Zone to the southwest. The last exploration performed on the propertya soil analysis survey in 2015 at the westerly areaindicated the top of the large area of mineralization also continues to the north-northwest, the direction of some prepared drill sites!(?) Why the drills were moved elsewhere...hmmm...another peculiarity.

Quartz Breccia Zone particulars:

214.70 metres @ 70.49 grams per tonne silver

132.00 metres @ 28.86 grams per tonne silver

176.00 metres @ 19.05 grams per tonne silver

188.00 metres @ 0.54 grams per tonne gold

86.00 metres @ 0.19 grams per tonne gold

47.80 metres @ 0.50 grams per tonne gold

58.00 metres @ 0.32 grams per tonne gold


Base metals in these same diamond drill holes at the Quartz Breccia Zone:

108.3 metres @ 0.090% molybdenum

104.0 metres @ 0.061% molybdenum

117.4 metres @ 0.090% molybdenum

186.0 metres @ 0.11% copper

 

The shenanigans prevalent with Bard shares I believe are customary with the sale and development of anything of value on the stock exchange. We only have look at the world monetary system and its demise now underwaysoon to be replaced by a block chain based on gold and silver, or directly to gold and silver. We have Bard’s gold and silver held in the safest vault in the world: the Earth. When precious metal values increase to a point where the stock players are left at the roadside and supplanted by the proper party there will be development. With gold and silver rising to their noble height and the genesis of an equitable monetary system I don’t believe we have long to wait.

 

Much thanks to my son for the greater portion of details in this article.

 

 


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