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Landore Resources Ltd.
Summary
| Project: | Junior Lake | |
|---|---|---|
| Deposit: | Bam East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-6-2017: Landore Resources Ltd. announces an Exploration/Drilling Update report for its Bam East deposit at the Junior Lake project. Drilling results incl. 18.79m @ 3.65g/t Au from 166.61m. London, United Kingdom – June 28, 2017 – Landore Resources Limi | |
| Resources: | (Resource, I+I): 301,000oz Au at BAM East | |
| CP/QP: | [Overall Report]: Michele Tuomi (Internal) | |
| ABSTRACT: | London, United Kingdom – June 28, 2017 – Landore Resources Limited (AIM:LND) (“Landore Resources” or "the Company") is pleased to provide this progress report on extension and infill drilling of the BAM East Gold Project on its Junior Lake Property, Ontario, Canada (“BAM East Gold Project”). The Spring/Summer drilling campaign is nearing completion with 59 HQ and NQ diamond drill-holes (0417-561 to 0417-619), for a total of 9,920 metres (m), drilled to date. Drilling has proceeded as planned on time and within budget. The processing of the core, including logging, sampling and assaying, is ongoing and results will be reported when received and collated. Commenting on this report, Chief Executive Officer, Bill Humphries, said: “I am very pleased with the results to date from this current drilling campaign steadily advancing the Inferred resource to Indicated Category together with extending the delineated resource to the east and west to 1,000 metres in length. Indications are that the BAM East Gold deposit has the potential for substantial growth. . In addition, over the past 6 months Landore has completed a review of all previously discovered gold occurrences along the 30 kilometre, east to west, highly prospective, Greenstone belt which traverses Landore’s flagship Junior Lake Property and the neighbouring Lamaune Iron Inc. property. The reviews concluded that several of these gold prospects, including the Lamaune Gold Deposit were similar in geology and mineralisation to the BAM East Gold Deposit highlighting the potential for other similar deposits along this trend. Landore will commence an extensive exploration and Geophysics campaign along this trend upon completion of the drilling programme aimed at identifying additional gold prospects.” | |
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