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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 Nov 26, 2020 3:46pm
946 Views
Post# 31982919

Some info about our Flagship Property—Lone Pine

Some info about our Flagship Property—Lone Pine

The Lone Pine property is located about 8 kilometers northwest of Houston, British Columbia, Canada and approximately 1 km north of the transcanada highway in SILVER COUNTRY! The property has some of the best SILVER and GOLD drill hole intercepts in the province at the Quartz Breccia Zone located 1 km north of the 163,000,000 tonne Alaskite Zone orebody where Molybdenum, silver and rhenium have already been delineated with a completed Preliminary Economic Assessment. DDH examples:  (Drill Hole BD-08-25: 730.90 metres @ 0.10% Molybdenum/0.15 grams per tonne Rhenium and Drill Hole BD-08-35: 753.74 metres @ 0.10% Molybdenum/0.14 grams per tonne Rhenium. These are vertical holes: half a mile straight down!

The Quartz Breccia Zone is located 1 km north of the Alaskite Zone cited above and can be accessed by several good gravel roads and has at least a couple drill sites already prepared for drilling. Around a dozen previous holes 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 1 km to the southwest. The last exploration performed on the property—a soil analysis survey in 2015 at the northwesterly area—indicated the top of the large area of SILVER, GOLD, COPPER, MOLYBDENUM and RHENIUM mineralization also continues to the northwest, the direction of some prepared drill sites!


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

 

Access roads and drill sites are already prepared to expand the mineralization. One more hole would be enough to show the continuous, extensive size of this fabulous orebody.
 

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!) It appears by drill intercepts we likely have another orebody of world class size and grade if we further develop the Quartz Breccia Zone by drilling. Millions of electric cars will need our silver in the future!

 

 

 

 


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