Figure 1: Location of
Highlights
- Compilation of soil sampling results from the 2021 campaign along with historic soil and rock sampling and drilling results show that the
East Zone is a highly prospective target that merits further drilling. - Location of higher-grade soil sampling results in the
West Zone imply that a zone of interpreted clay alteration may be underlain by a gold bearing system that merits further exploration including drilling.
The program was designed to augment existing soil geochemistry surveys to extend the surface trace of gold in soil anomalies along the strike of the Jethro fault, which is the principal structural control for gold mineralization on the project. There are two grids (East and West) covering two areas of the project underlain by different lithologies and levels of erosion (Fig 2).
Figure 2: Location of 2021 soil sampling grids
The 2021 results have been superposed on a digital elevation model base layer which outlines the following: the surface trace of the Florin Inferred Resource, the surface trace of historic gold in soil geochemistry, assay results from historic drilling and assay results from three high-grade rock samples from the Treadwell Adits area (St James news release dated
Fig 3: East Zone 2021
Compiling these 2021 geochem results along with the results from historic soil sampling and drilling programs confirms the
The second section refers to an area to the west of the Florin Inferred Resource on the projected strike of the Jethro Fault. The 2021 soil sampling results comprise 281 samples that were assayed for gold and 35 other elements that cover an oblong polygon 1 km by 1.2 km northwest of the Florin Inferred Resource as well as a single line of sampling 500 metres due north of the Florin Inferred Resource. The gold grades for the top five
The 2021 results have been superposed on a digital elevation model base layer to show: historic soil geochemistry results; the surface trace of the Florin Inferred Resource; the surface trace of a kilometric scale, oval, iron oxide anomaly that wraps around the Florin Inferred Resource as interpreted from Sentinel satellite data; and areas of interpreted clay alteration also derived from the Sentinel data. Three of the 2021 soil sampling results are adjacent to a 700 m x 450 m clay anomaly interpreted from the Sentinel data that sits north and upslope of the projected strike of the Jethro Fault (Fig 4).
Figure 4: West Zone 2021
These results indicate that the interpretation of a clay altered area may be the surface expression of an extensive underlying gold bearing system, the Eastern edge of which has been picked up by the 2021 soil sampling program contained within the red oblong as shown in Figure 4. This encouraging target is on trend with the Jethro Fault which is a major structural control for gold mineralization. This supports prior exploration efforts wherein the company traced the Jethro Fault for more than five kilometres of which only 1.2 kilometres has been partially drill tested showing that the current inferred resource sits on a 875 metre section of the Fault. The next stage of exploration in this westerly zone will be extension of the soil grid to cover the clay anomaly, mapping, sampling and capture of XRF measurements to track pathfinders. If results show that the clay anomaly is gold bearing, the company will incorporate the most promising areas for potential drill testing.
Dr.
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NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
1
2 Grab samples are selective by nature and may not be representative of actual grades of styles of mineralization across the
Attachments
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St. James Gold Corp.
Figure 1: Location of Florin Gold Project
St. James Gold Corp.
Figure 2: Location of 2021 soil sampling grids
St. James Gold Corp.
Fig 3: East Zone 2021 Florin Project soil and rock sampling and historic diamond drill hole results
St. James Gold Corp.
Figure 4: West Zone 2021 Florin Project soil sampling results
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