St. James Gold Corp. (TSX-V: LORD) Reports on New Gold Exploration at Grub Line Property, Newfoundland, Canada
VANCOUVER, British Columbia, July 21, 2021 (GLOBE NEWSWIRE) -- St. James Gold Corp. (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3), St. James Gold Corp. (the “Company”) is pleased to announce exploration is underway at the recently optioned Grub Line gold property in Newfoundland, Canada (the “Grub Line Property”) at a prospective location along the Gander River Ultramafic Belt with project field operator, local exploration service company Planet X Exploration Services Ltd.
- The Grub Line Property is believed to be an important aspect of the major structural corridors related to both the Gander Gold belt and the Newfound Gold Corporation Keats zone hosting bonanza high grade gold mineralization.
- for the Grun Line Property dated April 1, 2021 addresses the significance of the quarry sites on the property.
- Generally speaking, the claim block occurs in an area of fairly gentle topography with locally sparse to moderate tree cover.
- The pictures taken by Wesley Keats for Planet X Exploration Services Ltd. in this first work program illustrate the bedrock.