viewLandore Resources Ltd

Landore Resources kicks off BAM gold drilling programme

It aims to upgrade the BAM gold resource with this programme of infill and extension drilling.

The programme will comprise 4,500 metres of drilling

Landore Resources Ltd (LON:LND) has kicked off a drill programme for the BAM gold deposit, at the Junior Lake property in Ontario, Canada.

The company will drill a total of 4,500 metres to infill and extend the deposit’s current 951,000 ounce resource.

READ: Landore raises £1mln to boost gold resource at BAM

BAM’s existing resource extends over 1.7 kilometres within a 3.1kilometre strike length, the infill drilling will take place along the outstanding 1.4 kilometres in order to bring that section up to a defined resource level.

Landore noted that the BAM deposit remains open at depth and along strike.

It will also undertake fresh exploration work over a highly prospective 7 kilometre area along stike between the BAM deposit and the Lamaune gold target.

Quick facts: Landore Resources Ltd

Price: 19.3 GBX

Market: AIM
Market Cap: £17.36 m

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Landore Resources confident of publishing PEA on its BAM gold project this month

Richard Prickett, finance director at Landore Resources Ltd (LON:LND), tells Proactive London's Andrew Scott they've completed the first phase of a detailed metallurgical assessment of the BAM gold deposit on the Junior Lake property in Ontario. Landore engaged Allard Engineering Services...

on 5/2/19

2 min read