Vancouver, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has sponsored and will exhibit at the 2021 New Orleans Investment Conference on October 19-22 at the Hilton New Orleans Riverside. Founded in 1974 by legendary entrepreneur James U. Blanchard III, the conference is now in its 47th consecutive year and brings together some of the world’s most prospective investors, explorers and producers, including all 50 states and over 35 nations.
The year’s conference will be held as a hybrid event, combining both physical and virtual participation, and the Company’s management will be conducting one-on-one in person meetings with conference attendees. While at the conference, the Company will look to provide an update on its 2021 exploration season for the Florin Gold Project in the Yukon Territory and upcoming activities on its exploration assets in central Newfoundland. Conference attendees are invited to visit with Company’s management within the exhibit area. For more information, please visit: https://neworleansconference.com
As stated by George Drazenovic, CEO, St. James Gold, “The New Orleans Investment Conference is one of the most eagerly awaited events in the precious metals markets in years, and in particular, this year as it will be one of the first large in -person events of its kind post-pandemic. This conference brings home a community of institutional and retail investors, and senior corporate executives from established precious metals companies to meet and network with prospective exploration companies from around North America and beyond. For St. James Gold, this conference is a logical next step following our recent DTC approval as we look to expand our US investor base and reach.”
The conference will afford the Company an audience to provide an update on its Florin Gold Project and its recent drill activities. As recommended by the recently completed NI 43-101, the company is moving forward with further definition and in-fill drilling of the Florin Gold Deposit to expand the mineral resource and increase the confidence level in the grade distribution. This includes step out drilling to extend the depth of the resource pit shell thus bringing additional mineralization into the resource and initial drilling of other existing targets on the property. A soil geochemical survey was also recently completed to fill-in unsampled areas of the Property and assist in developing targets for the next phase of the drill program expected in summer 2022. Currently, samples are in the process of being sent to the assay lab and will be released as they become available.
This conference follows the Company’s recently announced closing of a $4,000,000 brokered private placement offering, management’s site visit to its Florin Gold Project and receipt of DTC approval.
About St. James Gold Corp.
St. James Gold Corp. is a publicly traded company listed on the TSX Venture Exchange under the trading symbol “LORD”, in the U.S. Market listed on OTCQB under "LRDJF" and on the Frankfurt Stock Exchange under “BVU3”. The Company is focused on creating shareholder value through the discovery and development of economic mineral deposits by acquiring prospective exploration projects with well-delineated geological theories; integrating all available geological, geochemical, and geophysical datasets; and financing efficient exploration programs. The Company currently holds: (i) an option to acquire a 100-per-cent interest in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.'s Queensway North project; and (ii) an option to acquire a 100-per-cent interest in 28 claims, covering 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property; and (iii) an option to acquire up to an 85-per-cent interest in the Florin Gold Project, covering nearly 22,000 contiguous acres in the historical Tintina gold belt in Yukon.
For more corporate information please visit: http://stjamesgold.com/
For further information, please contact:
George Drazenovic, Chief Executive Officer
Tel: 1 (800) 278-2152
Email: info@stjamesgold.com
Forward Looking Statements
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Forward looking statements in this news release relate to, among other things: completion of the Offering; the timing and size of the Offering; the timing and receipt of approval from the TSXV for the Offering; the expected use of the net proceeds of the Offering and all other statements that are not historical facts, particularly statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance of the Company. Often, but not always, forward-looking statements can be identified through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”. Forward-looking statements contained in this news release are made based on reasonable estimates and assumptions made by management of the Company at the relevant time in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that are believed to be appropriate and reasonable in the circumstances. Forward-looking statements contained in this news release are made as of the date of this news release and the Company will not update any such forward-looking statements as a result of new information or if management’s beliefs, estimates, assumptions or opinions change, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties, and other factors, many of which are beyond the Company’s control, which could cause actual results, performance, achievements, and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the impact and progression of the COVID-19 pandemic and other factors outlined in the Company’s Annual Information Form dated July 26, 2021 (the “AIF”) filed under the Company’s profile on SEDAR at www.sedar.com. The Company cautions that the list of risk factors and uncertainties described in its AIF on SEDAR are not exhaustive and other factors could materially affect its results.
New factors emerge from time to time, and it is not possible for the Company to consider all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
