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St. James Gold Corp. Announces 100% Option Interest on Florin Gold Project, Yukon, Covering 22,000 Acres With Inferred Resource of 1,950,000 Oz of gold
St. James Gold Corp. Announces 100% Option Interest on Florin Gold Project, Yukon, Coveri...
About this update from St. James Gold Corp
[{"type":"text","content":"\n \n \n \n St. James Gold Corp. Announces 100% Option Interest on Florin Gold Project, Yukon, Covering 22,000 Acres With Inferred Resource of 1,950,000 Oz of gold\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n Gold Mineralized Tombstone Intrusive with Inferred Resource of 1,950,000 oz Gold\n \n \n \n \n Significant Exploration Potential on Approximately 22,000 Contiguous Acres\n \n \n \n \n Immediate Drill Ready with Class 3 Quartz Mining Land Use Permit\n \n \n \n \n Established Mining Infrastructure within the Historic Tintina Gold Belt\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n April 6, 2021\n \n /CNW/ --\n \n St. James Gold Corp. (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3),\n \n the \"Company\" or \"St.\n \n James Gold\n \n \" is pleased to announce that it has entered into an Option and Joint Venture Agreement (the \"Option and JV Agreement\") with Florin Resources Inc. (\"Florin\"), effective\n \n April 1, 2021\n \n to acquire up to a 100% interest in the Florin Gold Project, covering approximately 22,000 contiguous acres (the \"Property\") in the historic Tintina Gold Belt in the\n \n Yukon Territory, Canada\n \n .\n \n \n The Florin Gold Project contains a 2012 Inferred Resource of 127,236,000 tonnes grading 0.48 g/t gold, approximately 1.95 million ounces of contained gold, with a cut-off grade of 0.3 g/t gold. This resource is contained in a technical report prepared for Florin in accordance with National Instrument 43-101and authored by\n \n Brian Cole\n \n (2012) (the \"Technical Report\").\n \n \n The project lies within  a belt where several major intrusive related gold deposits have been delineated and produced over the past few decades, including\n \n Kinross'\n \n Fort Knox (\n \n 3.37m\n \n . oz reserve in 282 million t. @0.37 g/t, plus past production of\n \n 7.5 m\n \n .oz: J.Sims 2017 NI 43-101 Report), and\n \n Victoria Gold's\n \n Eagle deposits, (\n \n 3.26 m\n \n .oz P&P reserve in 155 million\n \n [email protected]\n \n /t gold, plus M&I resource of\n \n 3.6 m\n \n .oz in 180mt @0.63g/t g...