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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

Post by rockinladyon Sep 07, 2020 2:47pm
238 Views
Post# 31518125

British Columbia's best silver property!

British Columbia's best silver property!

 

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 always hovers around 15 pennies and the company only has about 11 million shares issued.

2 orebodies are located on the property—one of molybdenum, rhenium 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 Lone Pine property 1 km north of the Alaskite Zone cited above where 163,000,000 tonnes of Molybdenum and silver have been delineated with a completed Preliminary Economic Assessment  (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 (Vertical Holes!).

The Quartz Breccia Zone can be 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 SILVER, GOLD, COPPER, MOLYBDENUM and RHENIUM mineralization also continues to the north-northwest, the direction of some prepared drill sites!(?) Why the drills were moved elsewhere...hmmm...another peculiarity.


Some Quartz Breccia Zone drill hole values:

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
 

Remember the Equity Silver Mine, which was located about 35 km southeast of this property? It was the largest silver mine in the northern hemisphere! (About 34,000,000 tonnes @ 64.9 gms SILVER and 0.46 gms GOLD!)

I’m hoping an entrpreneur out there reads this post—takes a look at this great opportunity—and buys this cash cow for a handfull of magic beans, develops this great resource and makes us some more money. An outright buy, or joint venture will get this property rolling. 


Much thanks to my son for the technical info.

 


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