ST. JAMES GOLD CORP. ANNOUNCES SECURES AND PAYS DEPOSITS TO AN ESTABLISHED DRILL CONTRACTOR TO COMPLETE 7,000 METERS OF HQ-NQ2-NQ DIAMETER DIAMOND DRILLING AT FLORIN GOLD PROJECT, YUKON CANADA

Vancouver, British Columbia, June 09, 2022 (GLOBE NEWSWIRE) -- St. James Gold Corp. (TSXV:LORD.VN) (OTC-BB:LRDJF) (FSE:BVU3),( the “Company” or “St. James Gold”) is pleased to announce that its Operator at the Florin Gold Project (as defined below), has assisted in securing and paying deposits to an established drill contractor to complete 7,000 meters and up to 8,500 meters of HQ-NQ2-NQ diameter diamond drilling with the option to add a second drill to expand the program to in excess of 12,000 meters for the 2022 drill season, at its district-scale, 89 square-kilometer Florin Gold Project (the “Florin Gold Project”) located in the prolific Tombstone gold belt of the Yukon Territory, Canada (Figure 1).