VANCOUVER, BC, Dec. 22, 2020 /CNW/ -- St. James Gold Corp
(TSX-V: LORD) (OTC: LRDJF) (the "Company") is pleased to
announce the appointment of Dr. Stewart
A. Jackson, P. Geo., as its Qualified Person within the
meaning of National Instrument 43-101 – Standards of Disclosure
for Mineral Projects ("NI 43-101") effective December 21, 2020. In this capacity, as
Senior Technical Advisor, he will provide technical expertise on
corporate matters, guide the Company's gold exploration properties
in Newfoundland, and initiate and
identify additional potential acquisition targets in North America.
Over a career spanning several decades, Stewart Jackson, Ph D. was involved in the
discovery and development of several major resource discoveries
including the multi-billion dollar Red Dog zinc-lead deposits in
Northwestern Alaska, currently
operated by Teck; the Viken deposit in Sweden containing over 1 billion pounds of
U3O8 and a multi-billion pound resource of molybdenum, vanadium,
and nickel and zinc; and the Turnagain nickel-cobalt-platinum
deposit at Dease Lake, British
Columba, from prospect to that of a large nickel resource,
currently held by Giga Metals.
Dr. Jackson was also the exploration manager for Houston Oil and
Minerals during the discovery and development of the Borealis,
South McCoy and Manhattan gold
deposits in Nevada, USA, founded
Crown Resource Corporation in 1981, and discovered several million
ounces of gold in the Republic District of Washington, USA, at the Buckhorn Mine, Seattle
Mine, South Penn, Key East, Key West, Overlook, Lamefoot, Kettle
River, and K2 mines, all produced by Kinross Gold. As an executive, Dr. Jackson has
also raised $200 million for the
discovery and development of these and other gold, silver,
diamonds, base metals, nickel and uranium projects.
As stated by George Drazenovic,
CEO of St. James Gold Corp., "Dr. Jackson has deep experience in
identifying and developing regional gold exploration opportunities
throughout North America,
including, among others, the Tintina Belt in the Yukon, the Carlin Trend in Nevada and Red
Lake in Ontario. Dr.
Jackson also brings senior leadership and corporate expertise at
the CEO and Director level presiding over multiple mineral
discoveries and evaluations, including Northwestern Alaska, the Yukon and Northern British Columbia.
With his exceptional record of exploration and development
for base and precious metal mineral deposits in a variety of
environments, we are excited to have him be part of our team
as we expand our activities in one of North America's fastest growing gold
exploration regions, Newfoundland,
and beyond."
Dr. Jackson is a Professional Geologist in the Province of
Ontario, Canada. He holds a B.Sc,
in Geology from the University of Western
Ontario, an M.Sc. in Stratigraphy and Mineral Deposits from
the University of Toronto, and a Ph.D
in Stratigraphy and Economic Geology from the University of Alberta. He is a member of several
scientific and professional organizations and has authored several
geological papers.
About St. James Gold Corp.
St. James Gold Corp. is a mineral exploration company focused on
the acquisition, exploration and development of precious metal
projects in North America. The
Company is actively looking to acquire valuable and high quality
projects. St. James Gold Corp.'s value add strategy is to acquire
prospective exploration projects, integrate all available
geological, geochemical and geophysical datasets with underlying
geological theories, and fully fund and enhance the efficiency of
its exploration programs. The Company is based in Vancouver, British Columbia, and is listed on
the TSX Venture under the symbol "LORD" and in the U.S. Otcmarkets
under "LRDJF".
Forward-Looking Statements
Information set forth in this news release contains
forward-looking statements that are based on assumptions as of the
date of this news release. These statements reflect management's
current estimates, beliefs, intentions and expectations. They are
not guarantees of future performance. The Company cautions that all
forward looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many
of which are beyond the Company's control in particular, the fact
that the Company is reviewing potential mineral property
acquisitions is not an assurance that a suitable acquisition will
be found. Even if the Company is successful in making an
acquisition, it may require additional financing to carry out
exploration and development objectives on the property. Such
other factors include, obtaining the necessary permits to carry out
its activities and the need to comply with environmental and
governmental regulations. Accordingly, actual and future events,
conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information.
George Drazenovic, CEO
St. James Gold Corp.
For further information, please contact:
George Drazenovic
Chief Executive Officer
Tel: 800-278-2152
Email: info@stjamesgold.com
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SOURCE St. James Gold Corp.