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Landore Resources Ltd.
Summary
| Project: | Junior Lake | |
|---|---|---|
| Deposit: | Bam East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-1-2017: Landore Resources Ltd. announces an Exploration/Drilling Update report for its Bam East deposit at the Junior Lake project. Drilling results incl. 30.00m @ 2.27g/t Au from 172.72m. London, United Kingdom - January 12th 2017 - Landore Resources | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michele Tuomi (Internal) | |
| ABSTRACT: | London, United Kingdom - January 12th 2017 - Landore Resources Limited (AIM:LND) ("Landore Resources" or "the Company") is pleased to provide this progress report on extension drilling of the BAM East Gold prospect on its Junior Lake Property, Ontario, Canada ("BAM East Gold Prospect"). Commenting on this report, Chief Executive Officer of Landore Resources, Bill Humphries, said: "Since Landore's discovery of the BAM East Gold Prospect in late 2015 drilling has successfully delineated a significant gold occurrence in the Central Zone, over 800 metres in length and 250+ metres down dip, together with identifying other highly prospective gold occurrences with similar lithology along a potential 2.7 kilometre strike length. Landore awaits with excited anticipation receipt of the Maiden Resource and Technical Report for the BAM East Gold Prospect in Q1 2017." This new gold prospect is located approximately midway along a 2.7-kilometre long, east-southeast to west-northwest trending MaxMin geophysical anomaly (MM-7), at the western end of which is located the historical BAM gold zone discovered by Landore Resources in 2003. Since drilling commenced on the BAM East Gold project in December 2015, 44 (6HQ and 38NQ) diamond drill holes, for 8,539 metres, have been drilled, successfully delineating a significant gold occurrence in the Central Zone and identifying other highly prospective areas with similar lithology along the 2.7 kilometre potential strike length. All results have now been received and submitted for inclusion towards the Maiden Resource and Technical Report due for release in Q1 2017. | |
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