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St. James Gold Corp. Is Pleased To Announce Updated Resource On The Florin Gold Project, Yukon, With An Inferred Resource Of 2,474,000 oz Of Gold
St. James Gold Corp. Is Pleased To Announce Updated Resource On The Florin Gold Project, ...
About this update from St. James Gold Corp
[{"type":"text","content":"\n \n \n \n St. James Gold Corp. Is Pleased To Announce Updated Resource On The Florin Gold Project, Yukon, With An Inferred Resource Of 2,474,000 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 Gold Mineralized Tombstone Intrusive with an Inferred Resource of 2,474,000 oz Gold Contained in 170,993,000 tonnes grading 0.45 g/t with a cutoff of 0.30\n \n \n \n \n g/t\n \n \n \n -\n \n Significant Exploration Potential on Approximately 22,000 Contiguous Acres\n \n \n \n -\n \n Immediate Drill Ready with Class 3 Quartz Mining Land Use Permit\n \n \n \n -\n \n Established Mining Infrastructure within the Historic Tintina Gold Belt\n \n \n \n \n VANCOUVER, British Columbia\n \n ,\n \n April 9, 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 received a technical report prepared in accordance with National Instrument 43-101 entitled Florin Gold Project NI 43-101 Technical Report,\n \n Mayo\n \n and Dawson Mining Districts,\n \n Yukon Territory\n \n , by Ronald G Simpson, P.Geo. of GeoSim Services Inc., dated\n \n April 6\n \n , 2021 (the \"Technical Report\").\n \n \n The Florin Gold Project contains an inferred resource of 2,474,000 oz gold contained in 170,993,000 tonnes grading 0.45 g/t with a cutoff of 0.30g/t, at a $1,650 gold price. This represents a 27% increase in total ounces of gold over the historical 2012 inferred resource (Cole, 2012).  In addition, the resource has been upgraded from a block model and now includes a pit whittle shell.\n \n \n St.\n \n James Gold\n \n recently announced entering into an Option and Joint Venture Agreement (the \"Transaction\") 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\n \n , Canada.  The Transaction remains subject to...