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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 Jul 30, 2020 7:06pm
241 Views
Post# 31346954

THE BEST SILVER PROPERTY IN BC!

THE BEST SILVER PROPERTY IN BC!

This site—one of the few social media outlets for information any longer about Bard Ventures Ltd. and the Lone Pine Property—will hopefully augment the lack of property information elsewhere for us. The Lone Pine property is located about 8 kilometers northwest of Houston, British Columbia, Canada. SILVER COUNTRY! The property has some of the best silver and gold drill hole intercepts in the province, but news and details about the property are obscure. It appears to me there is some fear this cash cow might find another home in exchange for a handfull of magic beans! It also seems to me it is a great buyout, or joint venture target. A buyout would be cheap, considering the share price is 13 pennies and the company only has about 11 million shares issued.

2 orebodies are located on the property—one of molybdenum, rhenium, gold and silver with PEA of 163,000,000 tonnes; and another with outstanding silver and gold intercepts—perhaps among the greatest in the province—and accompanying molydenum, rhenium and copper. Infastructure that surpasses all others, too. Some details follow:


(1) The Quartz Breccia Zone is located on the property and 1 km north of the latter 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 property—a soil analysis survey in 2015 at the westerly area—indicated 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

6.3 metres @ 1,483.83 silver


Base metals accompanying the silver and gold in the 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


(2) The Alaskite Zone orebody is located approximately 1 km from the Transcanada highway, which transects the south sector of the Lone Pine property. The highway joins the towns of Houston (railway 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 and a large water source is also located on the property.

Alaskite Zone orebody:

163,000,000 tonnes of open pit ore at a grade of 0.069% Molybdenum, 0.034% Copper, 0.6 gms Silver per tonne. With completed PEA (Preliminary Economic Assessment). I believe the grade would be slightly greater if the inferred grade category was considered.

Drill intercepts 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: Those 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.
 

Remember the Equity Silver Mine located about 35 km southeast of this property! It was the largest silver mines in the northern hemisphere!

I’m hoping somebody reads this post—takes a look at this great opportunity—and buys this cash cow for a handfull of magic beans and makes us some more money. We need a outright buy, or joint venture to get this thing rolling. 


Much thanks to my son for the technical info.

 



 


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