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Landore Resources Ltd.
Summary
| Project: | Junior Lake | |
|---|---|---|
| Deposit: | Bam East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/5/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-12-2016: Landore Resources Ltd. announces an Exploration/Drilling Update report for its Bam East deposit at the Junior Lake project. Drilling results incl. 16.68m @ 2.32g/t Au from 217.25m. London, United Kingdom - December 5th 2016 - Landore Resources | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michele Tuomi (Internal) | |
| ABSTRACT: | London, United Kingdom - December 5th 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"). The fall drilling campaign is nearing completion with 13 (6-HQ and 7-NQ) diamond drill holes (0416-546 to 0416-558), for 3,385 metres, having been drilled to test the east, west and down dip extensions of the new gold zone. Two more NQ drill holes are scheduled to be drilled to complete this programme. To date results have been received for 5 drill holes with results pending for the remainder. Drill holes 0416-546 to 0416-549, drilled as step-backs to previously reported drill-holes 0416-535 and 0416-539 to 0416-541 inclusive, were aimed at defining the down plunge direction of the Central Zone from 2300E to 2450E. The two drill-holes at 2350E and 2400E clearly intersected the Central Zone with multiple showings of visible gold confirming its continuation down plunge whilst the two drill-holes at 2300E and 2450E appear to be on the periphery of the zone. Drill-hole 0416-553 was drilled to test the MM-7 geophysical conductor 200 metres along strike to the east of the Central Zone, on line 2900E. The hole successfully intersected wide spread gold mineralisation from surface in a similar lithological package to the Central Zone. A 100 metre step-back hole to 0416-553 was also completed with results pending. A 50 metre step-back to 0416-553 is planned as part of the current drilling program. | |
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