Landore Resources raises £3.5mln to fast-track development of gold project
The new funds will also enable the AIM-listed company to undertake further studies and commission a refreshed preliminary economic assessment (PEA) and resource report
Company
Landore Resources Ltd
LON:LND
Landore Resources Ltd is an exploration/development company that seeks to grow shareholder value through the acquisition, exploration and development of precious, base and battery metals projects in eastern Canada. The company is primarily focused on the development of its 100% owned BAM Gold Project, located on the Junior Lake Property.
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Landore confirms it is in talks about a potential new fundraising following press speculation
Landore has a significant gold asset at BAM in Ontario
Landore says drilling programme confirms the extensions at BAM gold deposit
When the drilling programme is concluded the company intends to commission an updated mineral resource estate and PEA on the BAM deposit at the Junior Lake property in Ontario, Canada.
Landore Resources highlights significant anomalous gold at BAM project
The explorer said a new soil-till sampling campaign indicated “multiple gold trends” at the project in Ontario, Canada
Landore Resources says BAM gold drill programme is progressing as planned
A planned 14,000 metre campaign to extend the 'million ounce' gold project kicked off in October
Landore Resources targeting big gold resource at BAM
Scoping study indicates value at US$175.3mln at a price of US$1,430 per oz
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Proactive news headlines: Landore Resources, 88 Energy, Symphony Environmental, Ceres Power …
A glance at some of the day's highlights from the Proactive Investors newswire
Landore Resources commences new round of drilling at million ounce BAM gold desposit
Landore has an extensive portfolio of assets on the Junior Lake property
Landore keeps costs tight in the half year to end June; acquires half of the 2% NSR on Lamaune
iTs highly prospective Canadian portfolio includes the BAM gold deposit on the Junior Lake project which holds a resource of over a million ounces of gold
Landore Resources to start new drilling at BAM Gold deposit in October
The programme is expected to comprise 14,000 metres, is fully funded and is intended to complete in March
Landore Resources looks forward to new drilling and plans share consolidation
The company said it is now able to progress towards "establishing a multi-mln ounce gold resource, whilst continuing to explore corporate transactions"
Landore raises £2.8mln for extensive new exploration programmes
Landore has an extensive portfolio of exploration ground and a strong track record of making discoveries
Landore Resources raises funds to support exploration activities
The equity funding is backed by chief executive Bill Humphries and major shareholder James Hudleston
Landore Resources appoints experienced non-executive director
Glenn Featherby has over 35 years' experience in corporate advisory work, and an extensive background in the resources sector
Landore Resources raises £225,000 in subscription backed by CEO and major shareholder
The mining firm raised the funds through a subscription to certain existing shareholders of around 32.1mln new shares at a price of 0.7p each, a 2.9% premium to its Monday close price
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Today's Market View - Aura Energy, Altus Strategies, Landore Resources and more...
MiFID II exempt information – see disclaimer below Altus Strategies* (LON:ALSN) – Acquisition of Lakanfla NSR Aura Energy* (LON:AURA) – EGM result Landore Resources (LON:LND) – BAM gold project resources update Mkango Resources* (LON:MKA) –
Landore pushes gold resource at BAM over the one million ounce mark
Landore's summer drilling campaign has also significant boosted the indicated resource
Soil sampling at Landore’s BAM gold project supports the extension of resource drilling to the east and west
Landore has already outlined a significant resource for the BAM gold project
Landore Resources granted mining permits over two licences in Ontario
The two licences are held by 90% subsidiary Lamaune and cover an area of 4,133ha adjacent to four leases at Junior Lake.
Landore Resources expects increased gold resource at BAM deposit following drilling programme
The miner forecast an increase following the conversion of an inferred resource to an indicated resource, as well as the addition of more gold ounces further west of the deposit