LORD.V · 2024-06-14 12:00:00

St. James GOLD Corp. (TSX-V: LORD) Announces Settlement

Corporate Updates

ST. JAMES GOLD CORP. (TSX-V: LORD) ANNOUNCES SETTLEMENT

Vancouver, British Columbia , June 14, 2024 - St. James Gold Corp. (the “ Company” or “St. James”)

(TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has entered into an

agreement to settle its claim with SCS Diamond Drilling Ltd. (“SCS”), a former drilling contractor on the

Company’s former Yukon project.

Under the terms of settlement, the Company will pay the sum of $255,000 to SCS and issue 576,923 shares

in the capital of the Company to SCS, at a deemed value of $0.13 per share (the “Shares”). The Shares will

be subject to a four‐month statutory hold period. The issuance of the Shares is subject to the approval of

the TSX Venture Exchange.

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 shar eholder 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) 100 -per-cent stake 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) a 100-per-cent stake in 9 claims and an option

to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland

located adjacent to Marathon Gold's Valentine Lake property.

For more corporate information please visit: http://stjamesgold.com/

St. James Gold Corp.

For further information, please contact:

Tel: 1 (800) 278-2152

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.