Landore Resources Ltd (LON:LND) unveiled final drill results from its exciting Bam East gold prospect in Ontario, which further enhanced its potential as a large, low cost open pit mine.
The latest drilling extended the prospect for 500 metres along strike and to a depth of 150 metres, and latest finds show wide zones of near surface mineralisation.
The prospect remains open along strike to the east and west and down dip.
One hole reported 56.86 metres (m) at 1.60 grams per tonne (g/t) gold, including 4 metres at 5.17g/t gold.
Another highlight was a 42 metre interval with 2.55 g/t of the yellow metal, including 1 metre at 27.80 g/t gold.
Landore is now planning a follow-up drilling programme, scheduled to begin in early October, to extend the new gold zone down dip and along strike to the east and west and to obtain material for metallurgical testing.
Consultant RPA of Toronto has been retained to produce and initial resource estimate for the site.
In April this year, Landore confirmed the zone as a "significant discovery"
It has said the style of mineralisation has many corollaries with similar commercial gold deposits in the Canadian Shield, such as Kirkland Lake, Hollinger-McIntyre, Kerr-Adison and Sigma-Lamarque.