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Drilling and Exploration Programme Commences
Drilling and Exploration Programme Commences.
About this update from Landore Resources Limited
[{"type":"text","content":"\n \nRNS Number : 8628B Landore Resources Limited 12 June 2019 \n\nLANDORE RESOURCES LIMITED\n(AIM Ticker: LND.L)\n \n \nDRILLING AND EXPLORATION PROGRAMME COMMENCES \nBAM GOLD PROJECT\nJUNIOR LAKE PROPERTY\n \n \nLondon, United Kingdom 12 June 2019 - Landore Resources Limited (AIM: LND) (\"Landore Resources\" or \"the Company\") is pleased to announce the commencement of the recently funded drilling and exploration programme (the \"Drilling Programme\") on the BAM Gold Deposit, Junior Lake Property, Ontario, Canada (\"BAM East Gold Deposit\"). \n \nHighlights:\n \n· A Drilling Programme, consisting of 4,500 metres of HQ diamond core, has commenced on the BAM Gold Deposit aimed at further infilling and extending the defined resource of 951,000 ounces of gold. \n \n· In addition an extensive exploration campaign, including ground geophysics and soil sampling followed by selected line drilling, will be carried out on the highly prospective seven kilometres along strike between the BAM Gold Deposit and Lamaune Gold Exploration Target.\n \nPLANNED WORKS:\nDrilling: The defined NI43-101-compliant BAM Gold resource of 951,000 ounces extends over a distance of 1.7 kilometres within a drilled zone of 3.1 kilometre length. Infill drilling will be carried out within the remaining 1.4 kilometres to bring that section up to defined resource level. \n \nIn addition, extension drilling will be completed adjacent to the existing resource westwards for approximately 700 metres, following promising IP (Inverse Polarisation) geophysics results which indicate underlying structures similar to those within the existing resource. These geophysical results demonstrate a high potential that this area represents the western extension of the BAM Gold Deposit.\n \nThe recently completed estimation work modelled potential mineralised material within the above target areas for a possible 14,761,000t at 0.93g/t ounces gold for a further 441,000 ounces gold, in the 'Unclassified' material category.\nLandore's 2019 drilling campaign is aimed at advancing the above 'Unclassified' material into the resource category\n \nThe BAM Gold Deposit remains open at depth and along strike to the east and to the West.\n \nExploration: The zone along strike for s...