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ST. JAMES GOLD CORP. Files Technical Report on the Quinn Lake Property in Central Newfoundland
ST. JAMES GOLD CORP. Files Technical Report on the Quinn Lake Property in Central Newfoun...
About this update from St. James Gold Corp
[{"type":"text","content":"\n \n \n \n ST. JAMES GOLD CORP. Files Technical Report on the Quinn Lake Property in Central Newfoundland\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 VANCOUVER, BC\n \n ,\n \n Feb. 2, 2021\n \n /CNW/ --\n \n St. James Gold Corp.\n \n (TSXV: LORD) (OTC: LRDJF) (FSE: BVU3), the \"Company\" is pleased to announce the completion of a National Instrument 43-101 Standards of Disclosure for Mineral Projects (\"\n \n NI 43-101\n \n \") technical report entitled \"Geological Report on the Quinn Lake Property, Central Newfoundland NTS 12A/07,\n \n Newfoundland\n \n and\n \n Labrador\n \n \", with an effective date of\n \n \n \n January 29, 2021\n \n \n \n (the \"Technical Report\"). The Technical Report was prepared by\n \n Christopher Baldys\n \n , P. Eng, a \"Qualified Person\" as defined by NI 43-101 and independent of the Company.\n \n \n \n \n \n The Technical Report is available for review on SEDAR (\n \n www.sedar.com\n \n ) and on the Company's website (\n \n www.stjamesgold.com\n \n ).\n \n \n The Technical Report presents the results of the details of land tenure, summarizes historical work performed, and recommends a two-phased exploration program to evaluate the potential for gold mineralization. The mineral licences representing 1,730 acres are situated approximately 40 km south of the community of\n \n Millertown\n \n and were acquired with the purpose of conducting systematic exploration of gold targets emerging from recent discoveries on adjacent properties and geological mapping surveys conducted by Geological Survey of\n \n Newfoundland\n \n and\n \n Labrador\n \n .\n \n \n The Quinn Lake property is strategically situated in the middle of a very prospective gold corridor extending from Marathon Gold's Valentine Lake project in the southwest to Wilding Lake project recently acquired by Canterra Minerals in the northeast. The Property straddles the Valentine Lake Shear Zone and Rogerson Lake Conglomerate which are district-scale geological components of orogenic gold systems that recently gained prominence and...