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Landore Resources Ltd.
Summary
| Project: | Junior Lake | |
|---|---|---|
| Deposit: | Bam East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-9-2017: Landore Resources Ltd. announces an Exploration/Drilling Update report for its Bam East deposit at the Junior Lake project. Drilling results incl. 1m @ 27.5g/t Au from 44.6m. London, United Kingdom - 18 September 2017 - Landore Resources Limite | |
| Resources: | (Resource, I+I): 301,000oz Au at BAM East | |
| CP/QP: | [Overall Report]: Michele Tuomi (Internal) | |
| ABSTRACT: | London, United Kingdom - 18 September 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 Project on its Junior Lake Property, Ontario, Canada ("BAM East Gold Project"). Drilling at the original BAM Zone has successfully identified a potential resource with similar lithology and grades to the BAM East Gold Deposit located 1000 metres along strike to the east. The original BAM Zone mineralisation remains open along strike to the east, west and down dip. Step out drilling along strike from the BAM East Gold Deposit has extended the mineralisation with similar lithology and grades 100 metres West and 500 metres to the East giving a potential resource continuity of 1.2 kilometres from 2000E to 3200E. The BAM East Gold mineralisation remains open along strike to the east, west and down dip. The BAM Zone was discovered in 2003 by Landore Resources' exploration team through routine outcrop sampling returning high grade gold from a narrow pyrite and arsenopyrite mineralised vein. A subsequent six drill hole programme accompanied by trenching was completed. Results were not encouraging with the best intersection 2.6g/t Au over 0.8m. Step out drilling on a 50m x 50m pattern has established continuity of gold mineralisation, including down dip, from the eastern limit of the defined BAM East Gold Deposit at 2700E, 300 metres further east to 3000E with a further step out of 200m to 3200E. A two drill hole fence was also drilled at 3500E with results pending. The mineralisation is open to the east and down dip. | |
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