Business
Drilling Update
Drilling Update.
About this update from Landore Resources Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 4451N\n Landore Resources Limited\n 30 September 2021\n \n \n \n \n This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014\n \n \n \n \n \n LANDORE RESOURCES LIMITED\n \n \n (AIM Ticker: LND.L)\n \n \n \n \n \n \n \n \n \n \n \n \n DRILLING UPDATE \n \n \n \n BAM GOLD DEPOSIT\n \n \n JUNIOR LAKE PROPERTY\n \n \n \n \n \n \n London, United Kingdom - 30th September 2021 - Landore Resources Limited (AIM: LND)\n \n (\"Landore Resources\" or \"the Company\") is pleased to provide an update on the progress of the drilling programme for 2020-21 (the \"Drilling Programme\") on the\n \n BAM Gold Deposit, Junior Lake Property, Ontario, Canada (\"BAM Gold Deposit\"). \n \n \n Highlights:\n \n \n · \n \n BAM GOLD DEPOSIT WESTERN EXTENSION: Step-out drilling has confirmed the extension of the BAM Gold Deposit along strike to the west with drill hole 0421-814 intersecting 17.45 metres at 4.13 grams per tonne gold, including 5.98 metres at 9.80 grams per tonne gold.\n \n \n Mineralisation remains open to the west and down dip.\n \n \n \n \n \n \n · \n \n DRILLING PROGRAMME EXTENDED: An additional 2,500 metres of drilling has been allocated to further target the newly discovered Western Extension mineralisation. These activities are to be carried out in conjunction with the upcoming Felix drill programme and will be fully funded from the Company's existing cash resources.\n \n \n \n \n \n \n BAM GOLD DEPOSIT:\n \n \n The 2020/21 drilling programme included \n 6,100 metres of HQ diamond core for 24 holes\n drilled along strike from the defined BAM Gold Deposit from 200W to 950E. Drilling intersected typical BAM lithology and mineralisation. Initial in-house modelling suggests an extension of the BAM Gold western shoot plunging approximately 30% to the west with widths and grades improving at depth.\n \n \n \n \n \n Results not previously reported include:\n \n \n \n \n \n \n Easting\n \n \n \n \n Northing\n \n \n \n \n Drill-hole\n \n \n \n \n From\n \n \n \n \n Interval*\n \n \n \n \n Au\n \n \n \n \n \n \n \n \n \n \n \n \n No\n \n \n \n \n Metres\n \n \n \n \n Metres\n \n \n \n \n g/t\n \n \n \n \n \n \n 800E\n \n \n \n \n 350N\n \n \n \n \n 0421-813\n \n \n \n \n 220.80\n \n \n \n \n 20.55...