St. James Gold Corp. (TSXV: LORD) Signs A Letter of Consent to let New Found Gold Corp. (TSX: NFG) (NYSE: NFGC) conduct a Single Line 2D Seismic Survey Over its Grub Line Property in Newfoundland
St. James Gold Corp. (TSXV: LORD) Signs A Letter of
Consent to let New Found Gold Corp. (TSX: NFG) (NYSE:
NFGC) conduct a Single Line 2D Seismic Survey Over its
Grub Line Property in Newfoundland
Vancouver, British Columbia, June 26, 2023 - St. James Gold Corp. (the “ Company” or “St.
James”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) announces today that it has signed
a letter of consent to let New Found Gold Corp . (TSX: NFG) (NYSE: NFGC) conduct a single
line 2D seismic survey over its Grub Line Property in Newfoundland. The results of any survey
relating to any portion of the Company’s property will be made available to the Company. The
planned survey is expected to occur in July with data becoming available in the fourth quarter of
2023. The planned survey would be a new survey and is in addition to the 3D seismic survey
announced by NFGC on March 7, 2023 occurring on their adjacent Queesway Project.
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 discover y
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:
Investor Relations
Tel: 1 (800) 278-2152
Email: [email protected]
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: the growth of the Company
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 experi ence 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 m ade 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 ass urance
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.
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.