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Drilling Update - Junior Lake Nickel Project
Drilling Update - Junior Lake Nickel Project.
About this update from Landore Resources Limited
[{"type":"text","content":"\n \nRNS Number : 7245B Landore Resources Limited 08 April 2013 \n \n\nLANDORE RESOURCES LIMITED\n(AIM Ticker: LND.L)\n \n \nDRILLING UPDATE\nTHE SCORPION NICKEL-COPPER-COBALT-PGEs PROJECT\nJUNIOR LAKE PROPERTY\n \nLondon, United Kingdom - 8th April 2013 - Landore Resources Plc ( AIM:LND) (\"Landore Resources\" or the \"Company\") today announces a drilling update on its Scorpion Zone Nickel-Copper-Cobalt-PGEs project on the Junior Lake Property, Ontario, Canada. \n \nHighlights:\n \n· Drilling on the exploration target immediately west of the B4-7 deposit within the Scorpion Zone (\"Exploration Target\") successfully intersected massive sulphide mineralisation, with drill-hole 0413-470 reporting 5 metres at 0.87% Ni, 0.53% Cu, 0.08% Co, and 531ppb Pd.\n· Alpha Zone mineralisation has also been intersected in the Exploration Target, with drill hole 0413-470 reporting 3 metres at 0.73% Ni, 0.15% Cu, 0.04% Co, 3,283ppb Pd, and 240ppb Pt.\n· Landore has initiated Pre-Feasibility Studies on the combined B4-7 Nickel-Copper-Cobalt-PGEs deposit and VW Nickel Deposit.\n \nThe recently completed drilling program on the Scorpion Zone has confirmed the continuation of the B4-7 massive sulphide mineralisation between the existing intercepts on line 175W and 300W, and further validates the Exploration Target which contains a potential 1.5 Mt to 2.0 Mt of sulphide mineralisation of similar grade range to that which has been outlined to date.\n \nB4-7 main zone intersections include:\n\n\n\n\nDrill-hole\n\n\nFrom\n\n\nWidth*\n\n\nNi\n\n\nCu\n\n\nCo\n\n\nPd\n\n\nPt\n\n\nAu\n\n\n\n\nNo\n\n\nMetres\n\n\nMetres\n\n\n%\n\n\n%\n\n\n%\n\n\nppb\n\n\nppb\n\n\nppb\n\n\n\n\n0413-469\n\n\n413.00\n\n\n11.00\n\n\n0.38\n\n\n0.23\n\n\n0.04\n\n\n274\n\n\n73\n\n\n15\n\n\n\n\nincluding\n\n\n414.00\n\n\n3.00\n\n\n0.63\n\n\n0.23\n\n\n0.05\n\n\n389\n\n\n183\n\n\n28\n\n\n\n\n0413-470\n\n\n453.00\n\n\n31.00\n\n\n0.31\n\n\n0.29\n\n\n0.04\n\n\n276\n\n\n98\n\n\n10\n\n\n\n\nincluding\n\n\n467.00\n\n\n3.00\n\n\n0.80\n\n\n0.39\n\n\n0.09\n\n\n636\n\n\n271\n\n\n12\n\n\n\n\nand \n\n\n472.00\n\n\n1.00\n\n\n0.18\n\n\n1.50\n\n\n0.12\n\n\n217\n\n\n81\n\n\n10\n\n\n\n\n0413-470\n\n\n488.00\n\n\n5.00\n\n\n0.87\n\n\n0.53\n\n\n0.08\n\n\n531\n\n\n36\n\n\n17\n\n\n\n\nincluding\n\n\...