St. James Gold Corp. Is Pleased to Announce Updated Resource on the Florin Gold Project, Yukon, With an Inferred Resource of 2,474,000 Oz of Gold
Original announcement by tmx on
- Company
- St. James Gold Corp.
- Ticker
- LORD
- Exchange
- TSX
- Region
- Yukon Territory
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update
- Extracted
- 2026-09-12 11:50:18 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
St. James Gold Corp. has announced an updated Inferred Mineral Resource for the Florin Gold Project in the Yukon, totaling 2,474,000 oz of gold within 170.99 Mt at 0.45 g/t. This update represents a 27% increase in contained gold compared to the 2012 historical resource and incorporates a new pit whittle shell.
Reasoning: Significant increase in gold ounces (2.47 Moz) compared to historical levels, though remains in the speculative Inferred category.
Positive factors
- Contained metal growth of 27% over historical 2012 resource
- Resource upgraded to include a pit whittle shell
- Large land package (22,000 acres) with open exploration potential
Negative factors
- Resource is entirely Inferred category
Facts used in scoring: 2
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
inferredFlorin Gold Project · goldTonnes: 170993000Grade: 0.45Grade Unit: g/tContained Metal: 2474000Contained Unit: ozView all detailsHide details
Identity
- Project
- Florin Gold Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon Territory
- Ticker
- LORD
Resource scope
- Estimate type
- resource
- Effective date
- 2021-04-06T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Stewart Jackson
- Resource group id
- resource:cfa86510ded126ec8bca
Resource Data
- Category
- inferred
- Tonnes
- 170993000
- Grade
- 0.45
- Grade Unit
- g/t
- Contained Metal
- 2474000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2021-04-06
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-04-12T00:00:00.000Z
Reasoning: Significant ounce growth via updated block model and pit shell.
Positive factors
- 27% increase in total ounces over 2012 resource
Negative factors
- Entirely inferred
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredFlorin Gold Project · goldTonnes: 127236000Grade: 0.48Grade Unit: g/tContained Metal: 1950000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Florin Gold Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon Territory
- Ticker
- LORD
Resource scope
- Estimate type
- resource
- Resource group id
- resource:928273ff280e91b3b665
Resource Data
- Category
- inferred
- Tonnes
- 127236000
- Grade
- 0.48
- Grade Unit
- g/t
- Contained Metal
- 1950000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t gold
Prior Estimate
- Resource Date
- 2012-01-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2012-01-01T00:00:00.000Z
Dates
- Event date
- 2021-04-12T00:00:00.000Z
Reasoning: Historical baseline for comparison.
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 9.3 years before this release
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.