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Landore Resources kicks off BAM gold drilling programme

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

gold
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: 0.625 GBX

AIM:LND
Market: AIM
Market Cap: £8.15 m
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Watch

Landore Resources pushing BAM East development 'as quickly as they can'

Richard Prickett, finance director of Landore Resources Limited (LON:LND) discusses the firm's results to the end of December 2016 and says they have another busy work programme lined up for 2017.

on 31/5/17

2 min read