Landore Resources
Landore Canada is engaged in mineral exploration and development, with the present focus of its operations being mineral exploration in Ontario, Quebec and New Brunswick, Canada.
Landore Canadaís principal properties are the "Junior Lake Property" and the "Miminiska Lake Property", both located in the Thunder Bay Mining District, Ontario, Canada. Landore Canada is also the owner of other properties in Canada and Nevada in the US containing gold and base metal drill intersections.
Landore secure mining rights at Junior Lake
Landore Resources, currently moving towards mining feasibility studies on their property at Junior Lake in Ontario, have been successful in securing three leases for the purpose of conducting mining operations covering the sites of the VW Nickel deposit and the B4-7 polymetallic deposit.
The leases, which consolidate 23 of Landore's exploration claims and are a vital part of pre-feasibilty preparations, were applied for in July 2008 to provide security of tenure over the ground needed for development, mining, processing and infrastructure, buffer zones around the mining areas and for future expansion. Each lease has a life of 21 years, and can be renewed for further terms of 21 years. Under the terms of the leases, Landore has the right to sink shafts and excavations for mining purposes; construct dams, reservoirs, railways etc as needed; erect buildings, machinery, furnaces etc as required; and to treat ores.
Landore have also acquired new claims to the western end of the Junior Lake property, at North Lamaune Lake, where the recently announced magnetite iron ore discovery is located. A review of existing geophysical data flown by the Ontario Geological Survey in 1989 revealed that the iron ore deposit is located on a magnetic anomaly trend which extends out to the north-west of the Junior Lake property for about 3.5 km. Landore have therefore staked an additional four claims, bringing this potentially mineralised ground under their control.
At Swoles Lake, located on the mid-northern boundary of the Junior Lake property, another isolated magnetic anomaly identifies a mafic-ultramafic intrusive body in which previous investigation has found significant amounts of nickel, copper, cobalt and PGM mineralisation. Grab and trenching samples assayed up to 0.79% copper, 0.64% nickel, 0.024% cobalt, 220 ppb platinum and 204 ppb palladium. Whilst the extent of this intrusion is not known, there is a possibility that it could extend to the south west or north east. Landore have accordingly staked four new claims covering the land around Swole Lake to cover this eventuality.
The Junior Lake property now extends for over 31 kilometres and covers an area of 14,145 hectares, and an updated property map - together with full details of the three mining leases - can be seen at www.landore.com
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Other Landore Resources articles
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27/10/08 Landore Resources Touts Lamaune Lake Iron Project, Pushes Ahead With Junior Lake
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09/04/08 Landore - Junior developer
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08/05/07 Wakeup time at Landore Resources?
Other Landore Resources news
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04/11/08 Landore raise £3 million
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27/10/08 Landore indentifies large iron ore deposit at Junior Lake property
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06/10/08 Landore takes full control of Lamaune Lake Property
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30/09/08 Landore records highest nickel intersection yet
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05/09/08 Landore Resources topps up coffers
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30/04/08 Landore Resources confirms high grades at Lessard
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08/04/08 Landore raises £2 million at 15 pence
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26/03/08 Landore increases nickel resource by 48%
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25/03/08 First Nickel gives Landore a boost
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23/01/08 Bill Humphries increases stake in Landore