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Gold & silver

Landore Resources eyes larger gold area at BAM East after latest drilling results

BAM East’s Central Zone has now been confirmed over 1,000 metres of strike length

Landore Resources Limited (LON:LND) has hit more wide intevals of gold from drilling at BAM East in Ontario, Canada.

One hole saw a width of 18.79m at 3.65 grams per tonne gold (g/t) with others showing 12.25 g/t gold and at 5.08 g/t over narrower intervals.

BAM East’s Central Zone has now been confirmed over 1,000 metres of strike length and remains open down dip, to the east and to the west along strike.

Drilling has also confirmed the BAM East Gold lithology over 2,550m of strike length along the highly prospective east-southeast to west-northwest trending MaxMin geophysical anomaly (MM-7).

Bill Humphries, chief executive, added that a review of all previously discovered gold occurrences along the 30km, east to west greenstone belt that crosses Landore's flagship Junior Lake and the neighbouring Lamaune Iron properties indicates similar geology to BAM East.

An extensive exploration and geophysics campaign will be carried out along this trend once the current drilling programme is complete.

So far, the Spring/Summer campaign has seen 9,920m drilled.

Humphries said this drilling campaign was steadily advancing the Inferred resource to Indicated Category together with extending the delineated resource to the east and west to 1,000 metres in length.

“Indications are that the BAM East Gold deposit has the potential for substantial growth.”

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