- St. James Gold Corp (LORD) is announcing the latest results from sampling at its Florin Project
- Rock samples taken from the two historical Treadwell Adits have returned high-grade gold assays of 11.15 grams per tonne and 15.8 grams per tonne
- Results are from several rock samples taken during the 2021 field season as well as from the final four out of 16 diamond drill holes from the 2021 drilling campaign
- The project is located in the Mayo Mining District in Yukon Territory
- St. James Gold is up 4.62 percent, trading at $0.68 at 12:01 p.m. ET
St. James Gold Corp (LORD) has announced the latest results from sampling at its Florin Project.
Rock samples taken from the two historical Treadwell Adits have returned high-grade gold assays of 11.15 grams per tonne and 15.8 grams per tonne.
Results are from several rock samples taken during the 2021 field season as well as from the final four out of 16 diamond drill holes from the 2021 drilling campaign.
The project is located in the Mayo Mining District in Yukon Territory.
The step-out drilling program was designed to test areas currently defined as strip ratio within the inferred resource pit shell where 2.47 million ounces gold inferred resource as well as to test additional targets with step-out drilling along the Jethro Fault, both to the NW and SE of the resource.
“We are encouraged by the high-grade rock sample results from the historical Treadwell adit area as they are located in the kilometre-scale, East Zone soil gold geochemistry anomaly which is located less than 500m from the edge of the inferred resource. We continue to be encouraged by data collected from the 2021 exploration season which have given us valuable information to assist in guiding future exploration programs. We expect to report results from the 2021 soil geochemistry exploration campaign over the course of the next few weeks as well as to outline the Company’s plans for the coming 2022 Exploration season,” said CEO George Drazenovic.
St. James Gold is up 4.62 percent, trading at $0.68 at 12:01 p.m. ET.