Landore Resources Limited (LON:LND) has found ‘widespread mineralisation’ through its latest drilling campaign at BAM East at its Junior Lake deposit in Ontario.
Exploration on the inferred section contained multiple instances of visible gold in the drill-core, the compnay said.
The BAM East deposit has now been confirmed over 700 metres of strike length and remains open down dip, to the east and to the west along strike, Landore said.
Originally drilling at Junior Lake focused on nickel but high grade discoveries last year at BAM East has seen Landore change tack and look for gold with the intention of upgrading the existing inferred resource.
Assays for four holes out of a total of twelve drilled so far have come back. The summer programme will total 12,000m with 3,300m completed.
Best of the grades were high grade sections of 12.45 g/t over 0.7m at a depth of 180m and 10.15 g/t over 0.5m at 230m down. Over greater widths, Landore reported 1.39 g.t over 27.6m and 1.09 g/t over 21.5m.
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