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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 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 a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers 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 molybuckson Apr 03, 2008 5:34pm
185 Views
Post# 14936482

Resource Estimate

Resource Estimate
Hello all, To you who have posted the next results should give us an idea of the resource estimate pay attention.
Referring to the Bard geophysical colored map displayed on the other site, hole number 25 and now number 28 thru 31 are in the light blue area which reflects a low magnetic field. JMT has proven this light blue area to be the sweet spot! The next holes should prove this out without a reasonable doubt! Here comes the good part, the map shows this colored area in different areas of the property, not even marked for drilling yet.

It could be said the next results may show the potential the property holds.I believe it is bigger than we can imagine. When all is said and done I believe we will have at least a 500+ mill indicated resource with many suiters hammering on the door.

All going according to script. Remember, Eugene is a not a miner. He has taken several penny stock companies from nothing up to 2-3 dollars. He is bullish on this one being the next one. I for one  frankly
believe it.

GLTA  Molybucks
Bullboard Posts