Landore Resources ( (GB:LND) ) has shared an announcement.
Landore Resources Limited has commenced a 3,500-metre drilling program on its BAM Gold Deposit at the Junior Lake property in Ontario, Canada. This initiative aims to enhance the understanding of the orebody’s structure, improve confidence in the resource’s grade and size, and explore the down-dip potential for higher-grade mineralization. The results will contribute to an updated Mineral Resource Estimate expected in Q3 2025 and support a pre-feasibility study planned for 2026. This development is part of Landore’s strategy to increase the value of its gold assets and deliver strong future returns to stakeholders.
More about Landore Resources
Landore Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold, nickel, copper, cobalt, platinum, and palladium deposits. Its main market focus is on the Junior Lake Property in Ontario, Canada, which hosts several significant mineral deposits, including the BAM Gold Deposit.
YTD Price Performance: -18.52%
Average Trading Volume: 592,733
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £10.63M
For detailed information about LND stock, go to TipRanks’ Stock Analysis page.