Landore Resources Share Discussion Threads

[hugus maximus] 27/7/2017 07:43

Please would someone with decent understanding of the gold found so far, care to summarise where this might actually lead? If the current level of discovery is maintained in the next data analysis... how might it effect the value of this share?
Many thanks GLA HM

[temujiin] 27/7/2017 07:14

PROGRESS REPORT

BAM EAST GOLD PROJECT

JUNIOR LAKE PROPERTY

London, United Kingdom - 27 July 2017 - Landore Resources Limited (AIM:LND)
("Landore Resources" or "the Company") is pleased to provide this progress
report on extension and infill drilling of the BAM East Gold Deposit on its
Junior Lake Property, Ontario, Canada ("BAM East Gold Project").

Highlights:

· The Spring/Summer drilling campaign has concluded with 65 HQ and NQ
diamond drill-holes (0417-561 to 0417-625) having been drilled, for a total of
11,060 metres (m). The drilling successfully infilled the Inferred portion of
the Deposit and extended it to the east and west for a total length of 1,000
metres. The Deposit remains open along strike to the east and west and down
dip.

· Field exploration commences 3 August 2017 on Junior Lake concentrating
on the Archaean greenstone belt which traverses the property from east to west
for 19 kilometres and hosts the BAM East Gold Deposit. Three Geological teams
supported by a Geophysics contractor will be engaged on this programme.

Drilling results not previously reported include the following:

Easting Northing Drill-hole From Interval* Au
No Metres Metres g/t
2050E 250N 0417-597 72.52 8.23 1.93
Incl. 76.75 4.00 3.34
2100E 225N 0417-601 70.22 24.28 0.56
2250E 180N 0417-614 86.63 18.87 0.69
2250E 180N 0417-616 57.28 11.28 2.14
Incl. 60.74 2.32 8.85
2600E 50S 0417-576 138.00 7.00 1.11
and 160.00 5.37 5.37
Incl. 164.00 1.37 9.93
2650E 50S 0417-579 40.50 7.00 1.99
Incl. 46.50 1.00 12.35
and 232.69 1.00 37.40
2700E 90N 0417-582 12.88 23.27 0.79
Incl. 14.88 4.00 2.82
2700E 50S 0417-584 88.80 4.30 0.76
and 115.83 1.00 8.03
and 177.00 6.00 2.29
2750E 50N 0417-588 97.50 7.20 1.42
Incl. 102.70 1.00 6.06


* Holes 0416-597,601 and 614 were drilled north at 65/68/65 degrees
respectively with the remainder at 45 degrees into a lithological package
dipping approximately 40 degrees to the south. The actual true thickness of
mineralisation is estimated to represent between 80-90% of the intervals shown
in the above table.

To date results have been received for 34 Resource and three exploration drill
holes

Spring/Summer Drilling Campaign:

The Spring/Summer drilling campaign is now complete with 65 HQ and NQ diamond
drill-holes (0417-561 to 0417-625), for a total of 11060 metres (m), drilled
for this campaign. Drilling proceeded as planned on time and within budget.
The processing of the core, including logging, sampling and assaying, is
ongoing and results will be reported when received and collated.

Drilling on the BAM East Gold Project re-commenced 1 April 2017 focussing on
the further delineation and extension of the defined resource together with
targeting potential deposits on the highly prospective geophysical trend MM-7,
host to the BAM East Gold Deposit.

The campaign included 41 HQ and 11 NQ diamond drill holes, for 7469 and 1536
metres respectively, successfully infilling the Inferred portion of the
existing resource zone and has been extended 1,000 metres to the east and west
and down dip. The Deposit remains open along strike to the east and west and
down dip.

In addition, 13 NQ diamond drill holes for 2,055 metres have been drilled
further to the east and west along strike from the resource to test the highly
prospective geophysical trend MM-7. Results are pending.

All data is being collated for the preparation of a resource update scheduled
for completion in Q4 2017.

Summer Exploration Programme:

Following the successful discovery of the BAM East Gold prospect in late 2015,
Landore Resources initiated a review of the geology and mineralisation on
several of the Company's earlier gold findings including the re-interpretation
of the Lamaune Gold Deposit. The reviews concluded that several of these gold
prospects, including the Lamaune Gold Deposit, were similar in geology and
mineralisation to the BAM East Gold Deposit.

The review has encouraged the Company's belief that the favorable geological
lithology containing the BAM East Gold Deposit has the potential to continue
along the full east west extent of the greenstone belt traversing the
Landore-Lamaune properties.

Accordingly, Landore Resources has initiated an extensive field exploration
programme to commence on 3 August 2017 at Junior Lake aimed at identifying
potential drill targets for the planned fall drilling campaign.

Three Geological teams supported by a Geophysics contractor will be engaged
for this programme.

BAM East Gold Resource:

Discovered in December 2015, the BAM East Gold resource contains 301,000
ounces of gold (February 2017 National Instrument (NI) 43-101 Mineral Resource
Estimate and Technical Report). This resource is located approximately midway
along a 2.7 kilometre long, east-southeast to west-northwest trending MaxMin
geophysical anomaly (MM-7), at the western end of which is located the
historical BAM gold zone discovered by Landore Resources in 2003.

BAM East gold mineralisation is a typical shear hosted gold bearing system in
an Archaean greenstone belt. Findings from exploration drilling on the BAM
East Gold Prospect has revealed a lithological sequence consisting of
leucogabbro rocks of the Grassy Pond Sill to the south, metasedimentary rocks
in the central portion, to mafic volcanics to the north. All lithological
units have been subjected to variable shearing and deformation, markedly the
metasedimentary unit.

The gold mineralisation revealed to-date is predominantly contained in the
metasediments, with some gold mineralisation occurring in the leucogabbro
rocks. Visible gold occurs within or near quartz veinlets which are controlled
by a shear system.

Michele Tuomi, (P.Geo., BSc. Geology), Director/VP Exploration of Landore
Resources Canada Inc. and a Qualified Person as defined in the Canadian
National Instrument 43-101 and the AIM Rules for Companies, has reviewed and
verified all scientific or technical mining disclosure contained in this
announcement.

- ENDS -

[hugus maximus] 05/7/2017 11:29

That sounds ok to me hungary16! (Though struggling to regain an £11k loss with a purchase price of 18p)

[hungary16] 04/7/2017 17:01

I reallly think they are on to something very significant with the BAM gold resource. Whilst management are somewhat slow , they are methodical and I believe there will be a good result for long suffering shareholders.

[hugus maximus] 04/7/2017 15:22

Thanks hungary16 & GlennRCharles

Fingers crossed that this is finally going somewhere!

[johnsalv] 04/7/2017 09:17

Glen
"Buying" nice

[stan-the-man] 04/7/2017 09:06

Very possibly Glenn. Just feel Lamaune will have a significant part to play in the bigger picture at some point.

[glennrcharles] 04/7/2017 07:22

Oh - my take was that they may try buying back the Lamaune shares to sell the larger company at some stage.

[hungary16] 03/7/2017 16:09

Spot on ! In due course , Lamaune should be able to ride on the back of Landore's future success.

[hungary16] 03/7/2017 16:09

Spot on ! In due course , Lamaune should be able to ride on the back of Landore's future success.

[stan-the-man] 03/7/2017 16:08

That's my reading of it HM...

[hugus maximus] 03/7/2017 11:29

So could this eventually give the "LAMAUNE IRON INC" ghost shares some value (that we were issued some time back)?

[stan-the-man] 02/7/2017 22:11

'Following the successful discovery of the BAM East Gold prospect in late 2015, Landore initiated a review of the geology and mineralisation on several of Landore's earlier gold findings including the re-interpretation of the Lamaune Gold Deposit. The reviews concluded that several of these gold prospects, including the Lamaune Gold Deposit, were similar in geology and mineralisation to the BAM East Gold Deposit.The review has encouraged Landore's belief that the favorable geological lithology containing the BAM East Gold Deposit has the potential to continue along the 30 kilometre east west extent of the greenstone belt traversing the Landore-Lamaune properties'.

[hungary16] 28/6/2017 08:55

Great announcement - Resource should be 500,000 ounces by September with still loads of upside. Expect interest from producers in due course.

[glennrcharles] 28/6/2017 07:27

30 Km of Gold should be worth a bit!!!

[robers98] 28/6/2017 07:23

RNS out, still finding gold.

[lochlea] 23/6/2017 16:45

Being manipulated for about the 25th time over past 12 years or so.

Make it attractive/beneficial for those involved in the fundraising.

Same old story.

Facts speak louder than the ticks down from the longstanding Company groupies.

[glennrcharles] 23/6/2017 12:08

Small wobble hopefully

[lochlea] 23/6/2017 11:39

Must be more fundraising activity in the background.

[robers98] 01/6/2017 13:14

www.proactiveinvestors.co.uk/companies/news/178554/landore-set-for-another-busy-year-of-drilling-178554.html

Landore set for another busy year of drilling

Telephone interview link within article.

[glennrcharles] 31/5/2017 07:36

Thanks to Michele Tuomi and her exploration team. (from today's news). :)

[johnsalv] 17/5/2017 13:49

Landore Resources buoyed by evidence of 'widespread' gold at BAM East
Share
09:06 17 May 2017
Exploration on the inferred section contained multiple instances of visible gold in the drill-core
picture of gold
Landore is drilling 12,000m this season
Landore Resources Limited (LON:LND) has found ‘widespread mineralisation’ through its latest drilling campaign at BAM East at its Junior Lake deposit in Ontario.

Exploration on the inferred section contained multiple instances of visible gold in the drill-core, the compnay said.

The BAM East deposit has now been confirmed over 700 metres of strike length and remains open down dip, to the east and to the west along strike, Landore said.

Originally drilling at Junior Lake focused on nickel but high grade discoveries last year at BAM East has seen Landore change tack and look for gold with the intention of upgrading the existing inferred resource.

Assays for four holes out of a total of twelve drilled so far have come back. The summer programme will total 12,000m with 3,300m completed.

Best of the grades were high grade sections of 12.45 g/t over 0.7m at a depth of 180m and 10.15 g/t over 0.5m at 230m down. Over greater widths, Landore reported 1.39 g.t over 27.6m and 1.09 g/t over 21.5m.

Shares rose 11% to 3.38p.

[justino] 17/5/2017 07:56

Some nice grades there. Looks very promising.

[robers98] 17/5/2017 07:19

Drilling update out.

[hugus maximus] 08/5/2017 08:27

Many thanks Justino.