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Landore Resources Ltd.
Summary
| Project: | Junior Lake | |
|---|---|---|
| Deposit: | B4-7 | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-Cobalt-Platinum-Palladium-Gold | |
| Date: | 2/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-2-2018: Landore Resources Ltd. announces a Resource Estimation report for its B4-7 deposit at the Junior Lake project. Updated mineral resource estimate for B4-7. London, United Kingdom - 5 February 2018 - Landore Resources Limited (AIM:LND) ("Landore | |
| Resources: | (Resource): 3.292Mt @ 1.20% NiEq (Ind.) and 0.568Mt @ 1.26% NiEq (Inf.) at B4-7 | |
| CP/QP: | [Resources]: Reno Pressacco (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | London, United Kingdom - 5 February 2018 - Landore Resources Limited (AIM:LND) ("Landore Resources" or "the Company") is pleased to announce the Updated Mineral Resource estimate for the B4-7 Nickel-Copper-Cobalt-Platinum-Palladium Deposit on its Junior Lake Property, Ontario, Canada ("B4-7 Deposit"). Commenting on this report, the Chairman of Landore Resources, Bill Humphries, said:We are very pleased with the significant increase in the B4-7 Deposit resource and its potential for continued growth. The burgeoning world prices of all of the B4-7 Deposit's contained metals, Nickel-Copper-Cobalt-Platinum-Palladium and Gold, together with the Deposit's proximity to the BAM East Gold Deposit with obvious development synergies, has further highlighted the prospectivity of the Junior Lake Property. At this stage, Landore's primary objective remains to advance the BAM East Gold Deposit to the next level of study and continue exploration for gold in the Project area. From late 2012 until the discovery of the BAM East Gold Deposit in December 2015, all of Landore Resources' exploration efforts were targeted at advancing the Junior Lake Nickel deposits towards pre-feasibility studies and eventual production. | |
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