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BAM East goes from discovery to resource in just a year, says Humphries

Bill Humphries, of Canada-focused Landore Resources Limited (LON:LND) talks us through the 301,000 ounce maiden gold resource for the BAM East project at Junior Lake in Ontario.
Due to wide spaced drilling good, grade it was moved up the value chain from discovery to resource in just one year.
"The discovery cost of 5$ an ounce. Drill success rate of 36 ounces of gold per metre. This is amongst the best in the world," says Humphries.

Quick facts: Landore Resources Ltd

Price: 0.645 GBX

AIM:LND
Market: AIM
Market Cap: £8.41 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