Business
Junior Lake Update
Junior Lake Update.
About this update from Landore Resources Limited
[{"type":"text","content":"\n \nRNS Number : 8973R Landore Resources Limited 14 March 2016 \n\nLANDORE RESOURCES LIMITED\n(AIM Ticker: LND.L)\n \n \n \nDRILLING INTERSECTS SIGNIFICANT NEW GOLD ZONE \nJUNIOR LAKE PROPERTY\n \n \nLondon, United Kingdom - March 14 2016 - Landore Resources Limited (AIM:LND) (\"Landore Resources\" or \"the Company\") is pleased to report on gold results from the fall 2015 drilling campaign completed on the Junior Lake Property, Ontario, Canada.\n \nHighlights:\n \n· Drilling in December 2015 intersected a wide zone of gold mineralisation close to surface including 31.29 metres at 1.12 grams per tonne (g/t) in drill-hole 0415-517. Higher grade intersections within the zone include 3.70 metres 4.21g/t gold in drill-hole 0415-518.\n \n· Landore completed a follow up drill program in February 2016 consisting of 5 NQ diamond drill holes for a total of 564 metres (0416-519 to 523) as 50 metres step-outs to the above drill holes, all of which have intersected similar lithological units. Results are pending and will be reported when available.\n \n· This new gold zone is located approximately midway along a 2.7 kilometre long, east-west trending, MaxMin geophysical anomaly (MM-7) at the western end of which is located the historical BAM gold zone discovered by Landore in 2003. \n MM-7 has not previously been drill tested. \n \nLandore completed a drilling campaign in the fall of 2015, consisting of 8 diamond drill holes for a total of 2,223 metres. Six holes were drilled on Landore's B4-7 Deposit with the last two holes, 0415-517/518, drilled to test a geophysical target located 2 kilometres to the east of the B4-7 deposit. Results for the first 6 holes were reported 18 February 2016.\n \n Results for drill holes 0...