Landore Resources has released additional exploration drill results from the Felix-Lamaune prospect at Junior Lake in Ontario, Canada that indicate more potential sources of battery metals.
Drilling at the Grassy Pond and Carrot Top zones returned intersects of palladium-enriched nickel, copper and cobalt, said the junior in a statement.
Bill Humphries, chief executive, added: "The exploration campaign on the Felix-Lamaune area has clearly confirmed that, in addition to the advanced 1.5mlnoz BAM Gold deposit, the Junior Lake property hosts significant volumes of highly valuable battery metals, including palladium enriched sulphide, nickel with associated cobalt and copper.
Landore added its plans for 2023 are to focus on advancing the BAM Gold project, targeting a two-million-ounce resource together with completing a pre-feasibility study.