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Gold & silver

Landore Resources re-jigs boardroom duties

Bill Humphries is now chief executive rather than chairman.

Canadian nickel explorer Landore Resources (LON:LND) has re-jigged its managerial responsibilities with Bill Humphries now chief executive rather than chairman.

Charles Wilkinson takes over as non-executive chairman while former CEO Richard Prickett becomes finance director.

Landore said the change more appropriately reflect Humphries' significant ongoing role in the management of the group's projects, and in particular his extensive knowledge of its flagship Junior Lake project.

Junior Lake is a potentially vast deposit in Ontario that spans a number of mineralised zones.

Exploration so far has identified a resource of 33,000 tonnes at the polymetallic B4-7 area, 22,000 tonnes at the mainly nickel VW zone, and a 20,000 tonne 'exploration target' west of B4-7.

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