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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 7:05am
328 Views
Post# 12393496

clearer picture of mineralization

clearer picture of mineralizationWe now have the results of four drill holes in a table format that enables anyone reading the news release to get a clearer picture of what the whole deposit may hold. These results if in a porphyry deposit could indicate massive mineralization. from Sep 6, 2006 news release: Property has long been thought to be an ideal setting for porphyry style molybdenum/copper mineralization. Over the years a considerable amount of disseminated or porphyry style molybdenite +/- chalcopyrite mineralization has been documented to occur in a variety of settings, and in various locations on the Property. The claims are located in a region where a number of porphyry deposits have been discovered in the past. There is also a chance that Volcanogenic Massive Sulphide ("VMS") mineralization could be found locally, similar to that of the "Sam Goosly" Deposit, where VMS style mineralization can be found proximal to molybdenum/copper porphyry style mineralization hosted in Bulkley intrusives. Here is a link to The Western Investor blog of June 27, 2006 which has the article by Ron Netolitzky who explains porphyry and VMS deposits and what the first drill holes in these systems could indicate. https://www.stockhouse.com/blogs.asp?page=viewpost&blogID=173&postID=1919
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