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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 has 'excellent exploration potential' at BAM East gold deposit, suggests independent report
Report suggests additional exploration can expand known gold along the Junior Lake Shear Zone
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Landore Resources now funded to complete preliminary economic assessment at BAM East and to take the resource up to a million ounces of gold
BAM East will be the focus in 2018, after Landore completed a £3.15mln funding
Landore Resources raises £3.15mln through placing and subscription to complete 12,000m drilling programme at BAM East Gold deposit
The AIM-listed firm said net proceeds from the fundraising will allow it to complete a 12,000 metre drilling programme aimed at advancing the existing BAM East Gold deposit to a 1mln ounce gold resource
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FTSE 100 closes strongly higher as markets stabilise
The UK blue chip index closed up 138 at 7,279 - above the day’s peak of 7,255.
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Landore boosts nickel resource at B4-7 by 43% to 46,661 tonnes of contained metal
Significant boost to B4-7 nickel resource adds to overall prospectivity of Junior Lake property
FTSE 100 succumbs to global profit-taking, closes firmly in red
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Landore Resources ups mineral resource estimate for BAM East Gold Deposit to 400,000 ounces
In a statement, the AIM-listed firm said its summer drill campaign successfully infilled much of the Inferred portion of the existing mineral resource and has extended the defined resource length from 700 metres to approximately 1,100 metre
Investments and investor services
FTSE 100 closes higher as miners gain and sterling slides
The FTSE 100 closed the day higher, as the weak pound helped, while other European indices lagged