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Landore Resources Ltd.
Summary
| Project: | Junior Lake | |
|---|---|---|
| Deposit: | Bam East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-9-2016: Landore Resources Ltd. announces an Exploration/Drilling Update report for its Bam East deposit at the Junior Lake project. Drilling results incl. 42m @ 2.55g/t Au from 177m. London, United Kingdom - September-21st 2016 - Landore Resources Limi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michele Tuomi (Internal) | |
| ABSTRACT: | London, United Kingdom - September-21st 2016 - 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"). Final results have been received from the recently completed drilling campaign on the BAM East Gold Prospect. The recently completed summer drilling campaign consisting of 22 NQ diamond drill holes (0416-524 to 0416-545), for 4,077m, was drilled to test the east, west and down dip extensions of the new gold zone. This new gold prospect is located approximately midway along MM-7, at the western end of which is located the historical BAM gold zone discovered by Landore Resources in 2003. Mineralisation at the BAM East Gold Prospect is a typical shear-hosted gold-bearing system in an Archaean greenstone belt. Findings from exploration drilling on the BAM East Gold Prospect has revealed a lithological sequence consisting of leucogabbro to the south, metasedimentary rocks in the central portion, to mafic volcanics to the north. All lithological units have been subjected to variable shearing and deformation, markedly the metasedimentary unit. The gold mineralisation revealed to-date is predominantly contained in the metasediments, with some gold mineralisation occurring in the leucogabbro rocks. Visible gold occurs within or near quartz veinlets which are controlled by a shear system. | |
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