St. James Gold Corp. report an interpretation of the results derived by filtering digital data from a Sentinel satellite image, selected for its coverage across the project area at St.

James' Florin Project located in Mayo District, Yukon Territory, Canada. Sentinel is a useful, first-pass tool for mapping iron and clacontents that can be used to identify areas of iron oxide-rich gossan which may represent residual iron content from sulphide mineralization, and epithermal clay alteration which may represent the breakdown of feldspars due to epithermal fluid flow in and around mineralized intrusions. In the immediate vicinity of the Florin Inferred Resource, the Sentinel data has been interpreted to show an oval signature for iron oxide where the long axis measures 3.5km with a WNW-ESE strike that crudely coincides with the strike of the Jethro fault.

A plausible interpretation of this oval signature is that it may be the result of a large, granitoid intrusion at depth that has within this signature the Florin Inferred Resource. If the oval signature does in fact represent a large intrusion at depth, it is plausible to interpret these features as the surface expression of apophyses related to a granitoid intrusive whose emplacement has been controlled by the Jethro Fault.