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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

Bullboard Posts
Post by susanuon Mar 10, 2007 6:27am
277 Views
Post# 12393466

0.30 per cent MoS2 over 18.3 m

0.30 per cent MoS2 over 18.3 mGood news - recap of first two holes 1200 km apart fully mineralized and now some new encouraging info from previous drilling by Granby on a zone 700 metres to the east: The other high priority area on the property that will be tested in the second phase of diamond drilling is the Granby Zone where in 1976 Granby Mining Corporation drilled 682.8 m in 12 short percussion holes. This area is located approximately 700 m to the east of the Quartz Breccia Zone, where a thin cover of biotite hornfels overlays a breccia similar to that found at the Quartz Breccia Zone. Vertical percussion hole number M3 intersected 0.176% MoS2 over 36.6 m from a downhole depth of 24.4 m to 61.0 m (final hole depth) which included a higher grade interval of 0.30% MoS2 over 18.3 m from 24.4 m to 42.7 m (ref. Assessment Report #6152).
Bullboard Posts