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Vancouver, British Columbia, June 16, 2022 (GLOBE NEWSWIRE) — St. James Gold Corp. (the “Company” or “St. James”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to report an interpretation of the results derived by filtering digital data from a Sentinel satellite image, selected for its coverage across the project area at St. James’ Florin Project located in Mayo District, Yukon Territory, Canada (Fig 1).
- Interpretation of Sentinel satellite data reveals an almost 9 sq km (3.5km by 2.5km in figure 2), WNW-ESE oval shaped, iron oxide signature that encircles the 2.47M oz gold inferred resource at the Florin Project (the “Florin Inferred Resources”).1
- Filtering of the data exposes an intense iron oxide anomaly and two clay anomalies east of the oval signature in the vicinity of the Treadwell Adits, and a clay anomaly west of the oval signature, all of which may be apophyses of a kilometric scale intrusion underlying the inferred resource area.
- Further alteration anomalies have been interpreted outside the immediate area of the Florin Inferred Resource, but within the bounds of the expanded Florin claim group (see St. James’ news release dated October 21, 2021).
Full news release: https://ceo.ca/@nasdaq/st-james-gold-corp-releases-an-interpretation-of