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Landore Resources makes Bonanza grade gold discovery at BAM Gold Deposit
StockMarketWire.com
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Mineral exploration and development company Landore Resources has announced the discovery of Bonanza grade gold on the BAM Gold Deposit in Ontario, Canada.
The company said: 'Bonanza grade gold reporting 432.0 grams/tonne gold over 0.32 metres has been intersected in drill hole 0421-785 from 191.5m on cut grid line 2850E in the footwall below the currently defined East pit of the BAM Gold Deposit. The gold is hosted in a quartz vein in a deformation zone.'
Chief executive Bill Humphries said: 'This significant Bonanza gold discovery in the footwall of the BAM Gold Deposit has further demonstrated its potential to become a multi-million ounce open pit resource with significant underground mining potential.'
At 1:27pm: (LON:LND) Landore Resources Ltd share price was 0p at 20.25p
Story provided by StockMarketWire.com
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