DETAILED METALLURGICAL ASSESSMENT BAM GOLD DEPOSIT

About this update from Landore Resources Limited

RNS Number : 9993O Landore Resources Limited 05 February 2019       LANDORE RESOURCES LIMITED ("Landore Resources" or "the Company") (AIM Ticker: LND.L)   DETAILED METALLURGICAL ASSESSMENT BAM GOLD DEPOSIT JUNIOR LAKE PROPERTY   London, United Kingdom - 5th February 2019 - Landore Resources Limited (AIM:LND) ("Landore Resources" or "the Company") is pleased to provide results of the Phase 1 of a Detailed Metallurgical Assessment of the BAM Gold Deposit, Junior Lake Property, Ontario, Canada ("BAM Gold Deposit").   Landore Resources engaged Allard Engineering Services LLC of Tucson, Arizona, USA to provide services for the design and supervision of a Detailed Metallurgical Assessment of the BAM Gold Project. The Scoping level test work programme was designed to select a suitable process route for the BAM Gold Deposit mineralised material.   Highlights:   ·     98% extraction of gold is achievable with conventional milling, grinding to 100% passing 212 micron followed by gravity separation (+65%) and cyanide leaching.              Reagent consumption was very low with Cyanide Consumption at ±0.40 kg/t and             Lime Consumption at ±0.60 kg/t.   ·     Heap leaching with fine crushing and agglomeration can achieve acceptable extractions of gold (±84% at test conditions).   ·     The results from the Metallurgical studies, will be incorporated into the Preliminary Economic Assessment (PEA) scheduled for completion in February 2019.    Commenting on this report, Chief Executive Officer of Landore Resources, Bill Humphries, said: "These outstanding metallurgical results, showing 98% recovery of gold using a simple conventional milling process, further supports our expectations that the rapidly growing BAM Gold deposit has the strong potential to become a producing mine in the near future."   The full Metallurgical Report can be found on Landore's web site www.landore.com and also via the links below:   "Metallurgical Report-Phase 1 26th January 2019.   http://www.rns-pdf.londonstockexchange.com/rns/9993O_1-2019-2-4.pdf   1.0 SUMMARY:   Whole core from the Landore's BAM Project at the Junior Lake ...

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