According to Shirebikes the coils are for a Z50 and not an ST70 but my Clymer manual indicates the same coil for the Z50 and CT70 so I cannot see why it wouldn't work.
It absolutely should be usable, only a question of whether it's plug & play or, the spades inside the modular connector need to be repositioned to match the modular connector on the wire harness. In one photo, I see green, yellow and black; in the other I see blue, red, gray & black. The black lead is for the HT coil primary feed; that goes from the primary ignition coil to the black pigtail on the modular connector.
On the charging & lighting side, you just need two AC outputs. With the OEM stator coil, yellow feeds AC directly to the headlight input; white is fed to the rectifier, rectifier output feeds the battery. Everything is grounded to the engine/chassis. Your task, as best I can determine from the info provided, is to translate the color coding back to OEM Honda wire harness color coding.
Looks to me like the red & blue leads correspond to the OEM yellow & white. If this is correct, and the lighting coil is configured the same as OEM, then you should have continuity across the red & blue leads...and between each of those and ground (i.e. the coil laminations). That gray lead is confusing. However, if it's just a ground lead, no big deal. That said, there is a third possibility and this is an aftermarket lighting coil. If there is no continuity between the AC outputs and ground, this is, most likely, a floating ground coil. That, imho, would be a major advantage...also highly unlikely, so don't let's go down that tunnel until/unless it's absolutely necessary. Let's take this one lead at a time, until it's sorted. That's nearly as easy as it sounds.