Business
Drilling Campaign at BAM Gold Project Completed
Drilling Campaign at BAM Gold Project Completed.
About this update from Landore Resources Limited
[{"type":"text","content":"\n\n6 May 2025\n \nLandore Resources Limited\nDrilling Campaign at BAM Gold Project Completed\n \nLondon, United Kingdom - 6 May 2025 - Landore Resources Limited (AIM: LND) (\"Landore Resources\" or the \"Company\"), is pleased to announce the successful completion of its Spring 2025 resource drilling programme at its flagship BAM Gold Project (\"BAM\" or the \"Project\") at the Junior Lake property in Ontario, Canada. \nHighlights:\n· Resource drilling programme at BAM has now been concluded, comprising a total of 14 drill holes for 3,549m.\n· Drilling campaign successfully infilled prospective drill lines at BAM East and West and tested mineralisation at depth.\n· Results from the latest drill campaign, together with the recently completed BAM Gold structural assessment, will be utilised to update and refine the existing BAM Mineral Resource Estimate, anticipated to be released in Q3 2025.\n· Detailed structural logging completed during the campaign on the fully orientated core will also help build a stronger picture of BAM's mineralisation model.\n· The Company looks forward to receiving and interpreting the assay results in respect of all 14 holes drilled in the coming weeks, with the results to be announced in due course.\nLandore Resources' CEO, Alexander Shaw, commented:\n\"I am pleased to announce the successful conclusion of our Spring drilling campaign, the forthcoming results of which will form the building blocks of our mineralisation modelling for BAM and planned updated mineral resource estimate later this year. Our team looks forward to receiving the assays in respect of all 14 holes drilled in the coming weeks, which we are confident will serve to provide an uplift to our existing resource. Together with our recent acquisition of the BAM Extensions claims located east along strike of our BAM Gold Deposit, this strategically positions us well to maximize the growth potential of BAM. With the gold price at elevated highs, there has never been a better time to be developing a tier-one gold asset in Ontario, one of the most prolific gold jurisdictions globally.\"\nBAM Drilling Campaign\nThe Company's 14 hole Spring 2025 drilling programme was focused on the eastern portion of the deposit, seeking to upgrade Inferr...