The BAM East gold prospect at the Junior Lake property in Ontario continues to impress Landore Resources PLC (LON:LND).
The company released a progress report on its now completed autumn drilling campaign at the prospect on Thursday, revealing that results continue to report wide zones of gold mineralisation.
The team has found high grade intersections with drill-hole 0416-555 reporting 18.27 metres (m) at 3.69 grams per tonne (g/t) gold, including 2.00m at 21.49 g/t gold, and drill-hole 0416-557 reporting 30.00m at 2.27 g/t gold including 5.00m at 4.17 g/t.
The central zone of the BAM East Gold Prospect has now been extended to more than 800 metres of strike length.
The zone remains open down dip and to the east and west along strike, Landore said.
The company said all results from the 15-hole drilling programme will now be submitted for inclusion towards the maiden resource and technical report, which is due for release in the first quarter of this year.
"Since Landore's discovery of the BAM East Gold Prospect in late 2015 drilling has successfully delineated a significant gold occurrence in the Central Zone, over 800 metres in length and 250+ metres down dip, together with identifying other highly prospective gold occurrences with similar lithology along a potential 2.7 kilometre strike length,” said Bill Humphries, chief executive officer of Landore.
Planning has commenced for a winter/spring drill programme in the first and second quarters of this year along 400 metres to the west of line 2450E in the Ladle Flats, which Landore believes is likely to contain the near-surface extension of the Central Zone.
The company plans to do further drilling to test down-dip and East-West strike extension.