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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 rockinladyon Oct 09, 2018 1:51pm
109 Views
Post# 28767501

Thanks, General. My same thoughts and conclusion

Thanks, General. My same thoughts and conclusionI have read other posts here suggesting different mining plans than the gigantic open pit of the original Preliminary Economic Assessment and see rather than 163 million tons why not mine 110 million tons with 0.083 molybdenum. This would still be a mine three times the size of most other open pit mines. The pit could be enlarged later, when molybdenum prices rise. It would mean a much smaller pit and richer ore. Or like one post I read that suggested big underground block caving. Also, the other ore rich in silver and gold is so near it could be mined at the same time to increase the value. There is so much ore at the Lone Pine property -precious metals included, and wonderful infrastructure waiting - there are many possibilities, unlike many who are just exploring and haven't yet found anything.
Bullboard Posts