- St. James Gold (LORD) released results from its 2021 season, Light Detection and Ranging survey at the Florin Project in Yukon
- The survey covered the entire, 89 sq. km. (22,000-acre) area of the project
- 7 new areas of high prospectivity within the property boundaries have been identified
- Diamond drilling in the immediate area of the Florin Gold Inferred Resource will be guided by structural controls on gold-in-soil anomalies
- St. James Gold is focused on discovering and developing economic mineral deposits
- St. James Gold Corp. (LORD) is trading 2.27 per cent lower, trading at $0.43 as of 3 p.m. ET
St. James Gold (LORD) released results from its 2021 season, Light Detection and Ranging (LiDAR) survey at the Florin Project in Yukon.
Host to the Florin Inferred Gold Resource, the survey covered the entire, 89 sq. km. (22,000-acre) area of the original Florin Project.
7 new areas of high prospectivity within the Florin Gold Property boundaries have been identified for follow-up exploration.
Diamond drilling in the immediate area of the Florin Gold Inferred Resource will be guided by structural controls on gold-in-soil anomalies between WSW–ENE and NNW–SSE.
St. James Gold’s CEO, George Drazenovic, commented that the interpretation of the 2021 LiDAR survey has yielded seven new, highly prospective areas for exploration that have the same structural signature as the area containing the Florin Inferred Resource and will provide a robust stimulus for heli-supported prospecting during the 2022 field season and beyond.
“Further, there is clear indication of which structures may control the morphology of the Florin Intrusion and the main controls on gold mineralization. This has been a useful investment for St James as we advance the Florin Project towards am updated and upgraded resource statement in the coming months.”
St. James Gold is focused on discovering and developing economic mineral deposits.
St. James Gold Corp. (LORD) is trading 2.27 per cent lower, trading at $0.43 as of 3 p.m. ET.
