St. James Gold Corp. is pleased to announce that it has commenced camp construction and mobilized drill equipment and crew to the road accessible Florin Gold Project located in Mayo District. The 28-member crew will oversee a diamond drill program of up to 13,000 m. The drill program is aimed at expansion of the 2.47 million ounce inferred gold resource in 170,993,000 tonnes grading 0.45 g/t with a cutoff of 0.30 g/t [...]
St. James Gold Corp. is pleased to announce that on July 7, 2021 it's Operator has secured Superior Diamond Drilling to complete up to 13,000 m of diamond drilling at its district-scale, 89 square-kilometre Florin Gold Project located in the prolific Tombstone gold belt of the Yukon Territory. The majority of drilling at the Florin Gold Project this season will be focused on expansion drilling adjacent to the existing [...]
St. James Gold Corp. is pleased to announce that it has received final acceptance from the TSX Venture Exchange in respect of the option and joint venture agreement entered into by the Company with Florin Resources Inc. dated April 1, 2021, as amended. Pursuant to the Option Agreement the Company can acquire up to an 85% interest in the Florin Gold Project, as previously announced by the Company on April 6, 2021 and June [...]
St. James Gold Corp. is pleased to announce the closing today of its previously announced brokered private placement offering of 1,241,251 units of the Company at a price of $3.00 per Unit and 355,465 flow-through units of the Company at a price of $3.60 per FT Unit for aggregate gross proceeds to the Company of $5,003,427. The Offering was led by Canaccord Genuity Corp. as sole lead agent . Each Unit consists of one [...]
St. James Gold Corp. is pleased to announce that it has filed an independent technical report titled "Florin Gold Project NI 43-101 Technical Report Mayo and Dawson Mining Districts, Yukon Territory", prepared by Ronald G. Simpon, P.Geo., with an effective date of April 6, 2021 . The Technical Report conforms to National Instrument 43-101 - Standards for Disclosure of Mineral Projects and supports the disclosure in the [...]
St. James Gold Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. to amend the terms of the brokered private placement offering previously announced by the Company on May 12, 2021. The Offering will now consist of: up to 2,170,000 units of the Company at a price of $3.00 per Unit; and up to 833,333 flow-through units of the Company at a price of $3.60 per FT Unit, in any [...]
St. James Gold Corp. is pleased to announce that it has entered into agreements with Florin Resources Inc. to amend the terms of the option and joint venture agreement to acquire an interest in the Florin Gold Project covering 22,000 contiguous acres in the historic Tintina Gold Belt in the Yukon Territory, Canada , previously announced by the Company on April 6, 2021. The Option Agreement remains subject to the final [...]
St. James Gold Corp. is pleased to announce it has begun planning its field activities in the Queensway-Valentine Lake gold belt of Newfoundland where recently announced promising drill results by New Found Gold Corp. and Marathon Gold Corporation have generated great interest in the belt. St. James Gold holds two strategically located properties in this region: The Grub Line property, which straddles the Grub Line fault [...]
St. James Gold Corp. is pleased to announce it has begun planning its field activities in the Queensway-Valentine Lake gold belt of Newfoundland where recently announced promising drill results by New Found Gold Corp. and Marathon Gold Corporation have generated great interest in the belt. St. James Gold holds two strategically located properties in this region: The Grub Line property, which straddles the Grub Line fault [...]
St. James Gold Corp. , the "Company" or "St. James Gold" is pleased to announce receipt of a Surface Work Permit and a Drilling Permit for the Quinn Lake Project, its 100-per-cent controlled mineral licences situated in Central Newfoundland, Canada . These permits were issued by the Mineral Lands Division of Newfoundland and submitted in compliance with Section 5 of the Mineral Act . Additional peripheral permits pending [...]
St. James Gold Corp. is pleased to announce the initial meeting of the Company's Technical Advisory Committee. The Committee, chaired by Dr. Stewart Jackson P.Geo., Phd., and assisted by the Chief Operating Officer, Timothy Lallas, consists of a highly experienced team, as announced on April 23, 2021. The Committee has begun detailing the exploration programme for the Florin Gold Project, Yukon Territory, Canada, for the [...]
St. James Gold Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. as lead agent and on behalf of a syndicate of agents in connection with a commercially reasonable efforts brokered private placement of up to 2,170,000 units of the Company at a price of $3.00 per Unit for aggregate gross proceeds to the Company of up to $6,510,000 . Each Unit will be comprised of one common [...]
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