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Landore Resources Ltd.
Summary
| Project: | Junior Lake | |
|---|---|---|
| Deposit: | Bam | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-10-2018: Landore Resources Ltd. announces an Exploration/Drilling Update report for its Bam deposit at the Junior Lake project. Drilling results incl. 1.25m @ 32.0g/t Au from 313.27m. London, United Kingdom - 24 October 2018 - Landore Resources Limited | |
| Resources: | (Resource, I+I): 19.314Mt @ 1.01g/t Au for 628Koz Au contained at Bam deposit | |
| CP/QP: | [Overall Report]: Michele Tuomi (Internal) | |
| ABSTRACT: | London, United Kingdom - 24 October 2018 - Landore Resources Limited (AIM:LND) ("Landore Resources" or "the Company") is pleased to provide this report on the BAM Gold Deposit on its Junior Lake Property, Ontario, Canada ("BAM Gold Deposit"). Commenting on this report, Chief Executive Officer of Landore Resources, Bill Humphries, said: "The newly discovered gold mineralisation one kilometre along strike to the east of the BAM Gold Deposit further highlights the potential for there being additional discoveries within the highly prospective Archean greenstone belt traversing the Junior Lake Property from east to west for approximately 31 kilometres". The summer drill programme concluded on the 17th September 2018 with 23 NQ diamond drill holes (0418-626 to 0418-648) for 3,731 metres and 33 HQ diamond drill holes (0418-649 to 0418-680 and 0418-686) for 8,459 metres completed aimed at extending the existing BAM Gold Resource. Final results for the above drilling campaign have now been received and are being collated for inclusion into the upcoming Resource update scheduled for completion in Q4 2018. The update, together with ongoing metallurgical and geotechnical studies, will be incorporated into a Preliminary Economic Assessment (PEA) scheduled for completion in early Q1 2019 | |
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