ST. JAMES GOLD CORP. OBTAINS INITIAL POSITIVE RESULTS FROM INDUCED POLARIZATION SURVEY ON QUINN LAKE PROPERTY ADJACENT TO MARATHON’S VALENTINE GOLD PROJECT BEING ADVANCE TO PRODUCTION IN NEWFOUNDLAND, CANADA

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Vancouver, British Columbia, May 06, 2022 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has received initial positive results from an Induced Polarization (IP) survey on the Quinn Lake property in Newfoundland, Canada. To date Simcoe Geoscience has completed and processed five of nine IP profiles. The IP survey has delineated an anomaly over 1.7 km of the 3.5 km in length zone to be tested, with additional lines in progress. The Quinn Lake property adjoins the eastern margin of Marathon Gold’s Valentine Gold Project is flanked to the east by Canterra Minerals Corp. Wilding Gold Project (Figure 1, below).