St. James Gold Corp. (TSXV: LORD) Signs A Letter of Consent to let New Found Gold Corp. (TSX: NFG) (NYSE: NFGC) conduct a Single Line 2D Seismic Survey Over its Grub Line Property in Newfoundland

Vancouver, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) — St. James Gold Corp. (the “Company” or “St. James”) (TSXV: LORD) (OTCQB:LRDJF) (FSE: BVU3) announces today that it has signed a letter of consent to let New Found Gold Corp. (TSX:NFG) (NYSE:NFGC) conduct a single line 2D seismic survey over its Grub Line Property in Newfoundland. The results of any survey relating to any portion of the Company’s property will be made available to the Company. The planned survey is expected to occur in July with data becoming available in the fourth quarter of 2023. The planned survey would be a new survey and is in addition to the 3D seismic survey announced by NFGC on March 7, 2023 occurring on their adjacent Queesway Project.

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