# 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 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/st-james-gold-corp-is-pleased-to-announce-updated-resource-on-the-florin-gold-pr--931ad5e0-3713-4e40-a867-4d9beac7b016 Original source: https://money.tmx.com/en/quote/LORD/news/8563294977863347/st-james-gold-corp-is-pleased-to-announce-updated-resource-on-the-florin-gold-pr Publisher: tmx Original announcement: 2021-04-09T20:11:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: St. James Gold Corp. - Ticker: LORD - Exchange: TSX - Region: Yukon Territory - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Agreement transaction - Extracted: 2026-08-21 13:18:17 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas 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. This represents a 27% increase in contained gold compared to the 2012 historical resource estimate. Reasoning: The update reports a significant increase in gold ounces \(27%\) compared to the 2012 historical estimate, though the entire resource remains in the speculative Inferred category. - Positive factor: Contained metal growth of 27% vs 2012 historical resource - Positive factor: Resource upgraded to include pit whittle shell - Positive factor: Immediate drill readiness with Class 3 Quartz Mining Land Use Permit - Positive factor: Strategic JV agreement to acquire up to 100% interest - Negative factor: 100% of the resource is in the Inferred category - Negative factor: Low grade of 0.45 g/t gold Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 1 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The entire reported resource of 2,474,000 oz is classified as Inferred. Evidence · text > contains an inferred resource of 2,474,000 oz gold **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: The resource represents a 27% increase in total gold ounces over the 2012 historical resource. Evidence · text > represents a 27% increase in total ounces of gold over the historical 2012 inferred resource **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource is based on a technical report prepared in accordance with NI 43-101. Evidence · text > received a technical report prepared in accordance with National Instrument 43-101 **QP/CP Signed** Polarity: positive Definition: 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: Dr. Stewart Jackson, P Geo, a Qualified Person, has reviewed and approved the information. Evidence · text > Dr. Stewart Jackson , P Geo, senior technical adviser geologist, a Qualified Person... has reviewed and approved ## Extracted facts Stored fact records: 1. Some facts used in scoring do not have a stored record. ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/st-james-gold-corp-is-pleased-to-announce-updated-resource-on-the-florin-gold-pr--931ad5e0-3713-4e40-a867-4d9beac7b016#fact-resource-facts-0) gold #### Identity - Commodity: gold - Ticker: LORD #### Resource Data - Category: inferred - Tonnes: 170993000 - Grade: 0.45 - Grade Unit: g/t - Contained Metal: 2474000 - Contained Unit: oz - Cutoff Grade: 0.3 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-04-09T00:00:00.000Z Reasoning: Significant ounce growth compared to historical data, but geological confidence is limited to the Inferred category. - Positive factor: 27% increase in gold ounces over 2012 historical resource - Negative factor: Entirely Inferred category - Negative factor: Low grade \(0.45 g/t\) Evidence · text > inferred resource of 2,474,000 oz gold contained in 170,993,000 tonnes grading 0.45 g/t with a cutoff of 0.30g/t ## 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.