The latest announcement is out from Landore Resources ( (GB:LND) ).
Landore Resources Limited has announced the acquisition of additional mineral rights, known as the BAM Extensions, adjacent to its existing BAM Gold Project in Ontario, Canada. This acquisition, achieved through the purchase of 1491205 B.C. Ltd., enhances Landore’s exploration potential by extending its property over 45 kilometers, providing new targets for gold exploration and potential resource expansion. The acquisition is expected to support the company’s strategic goal of advancing the BAM Gold Project towards the Pre-Feasibility stage, thereby creating long-term value for stakeholders.
More about Landore Resources
Landore Resources Limited is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. Its flagship project is the BAM Gold Project located at the Junior Lake Property in Ontario, Canada. The company is involved in the exploration of gold, nickel, copper, cobalt, and other precious and base metals.
YTD Price Performance: -23.46%
Average Trading Volume: 512,038
Technical Sentiment Signal: Buy
Current Market Cap: £9.98M
For a thorough assessment of LND stock, go to TipRanks’ Stock Analysis page.