File: Attachment STJ NR 260824 .pdf

ST. JAMES GOLD CORP. (TSX-V: LORD) ANNOUNCES LOAN FINANCING

Vancouver, British Columbia, September 2, 2026 - St. James Gold Corp. (the "Company" or "St. James") (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has closed a loan financing in the principal amount of US$143,000 (the "Loan").

The Loan is evidenced by a promissory note (the "Note") issued by the Company to the lender. The Note bears interest at a rate of 10% per annum, compounded annually, with accrued interest payable at maturity. The Note matures on December 31, 2027.

Any interest accruing during the period between the Company's receipt of the Loan proceeds and the issuance of the Note will be added to the principal amount of the Note. Principal and accrued interest will be payable at maturity in Canadian currency.

The proceeds of the Loan will be used for general working capital and corporate purposes.

Further to St. James Gold Corp.'s news releases dated Jan. 26, 2026 and May 5, 2026, effective June 30, 2026, all of the long-term debtholders of the company, including insiders Nicolas Lin ($175,000 at June 30 2026 and $145,000 at March 31, 2026) and Logan Anderson ($60,000 at June 30, 2026 and $45,000 at March 31, 2026), have agreed to extend their indebtedness to June 30, 2027. The indebtedness was previously extended to April 30, 2027. The parties continue to extend the debt so that it does not reflect on the company's working capital position which is currently approximately $165,065.

The Company has started its 2026 exploration program on the Grub Line property. The program includes complete relogging of extant drill core along with 3-D modelling of data to follow up on the 2025 work program (see news release 2025-12-09). There are approximately 300 metres of sampling that can be analyzed based on earlier findings. The second component of this exercise will be to potentially infer structural domains from the effort and to create a set of drill targets to increase the size of the known gold- mineralized sedimentary unit. The program is being performed by David Burga of Deptford Geoscience Inc. It should also be noted that the scope of the program is limited by the amount and spacing of historic drilling performed so this effort modelling will not produce a National Instrument 43-101-compliant resource.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by David Burga, P. Geo., a consultant to the Company, who is a Qualified Person as defined by NI 43-101.

About St James Gold Corp.

St. James Gold Corp. is a publicly traded company listed on the TSX Venture Exchange under the trading symbol "LORD", in the U.S. Market listed on OTCQB under "LRDJF" and on the Frankfurt Stock Exchange under "BVU3". The Company is focused on creating shareholder value through the discovery and development of economic mineral deposits by acquiring prospective exploration projects with well- delineated geological theories; integrating all available geological, geochemical, and geophysical datasets; and financing efficient exploration programs. The Company currently holds: (i) 100-per-cent stake in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.'s Queensway North project.

For more corporate information please visit: http://stjamesgold.com/

St. James Gold Corp. For further information, please contact: Tel: 1 (800) 278-2152 Email: info@stjamesgold.com

Forward Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). All other statements that are not historical facts, particularly statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance of the Company. Often, but not always, forward-looking statements can be identified through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook". Forward- looking statements contained in this news release are made based on reasonable estimates and assumptions made by management of the Company at the relevant time in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that are believed to be appropriate and reasonable in the circumstances. Forward-looking statements contained in this news release are made as of the date of this news release and the Company will not update any such forward-looking statements as a result of new information or if management's beliefs, estimates, assumptions or opinions change, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward- looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, which could cause actual results, performance, achievements and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the impact and progression of the COVID-19 pandemic and other factors outlined in the Company's Annual Information Form dated July 26, 2021 (the "AIF") filed under the Company's profile on SEDAR at www.sedar.com. The Company cautions that the list of risk factors and uncertainties described in its AIF on SEDAR are not exhaustive and other factors could materially affect its results.

New factors emerge from time to time, and it is not possible for the Company to consider all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THISO RELEASE.