MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Landore Resources shares rise as confirms presence of anomalous gold

ALN

Landore Resources Ltd on Wednesday announced soil sampling results at its programme carried out along strike to the east of its BAM Gold project on the Junior Lake property in Ontario, Canada.

The North American-focused precious, base and battery metal exploration and development company said 20.8 kilometres along the Junior Lake shear zone from the Placer Dome gold prospect in the west to the BAM gold deposit and east into the Toronto Lake area has now been covered by extensive gold sampling.

Chief Executive Officer Alexander Shaw said: ‘I am very encouraged by the progress we are making at our flagship BAM gold project in Ontario, with these latest soil sampling results confirming the presence of anomalous gold along strike - thereby confirming our belief that the gold system, which hosts BAM extends far beyond the currently-defined deposit area, representing significant expansion potential.

‘This confirms what I have always believed - namely that we are only just getting started at BAM Gold and that the potential of what is our ’jewel in the crown’ at Junior Lake is considerable. There is also significant potential for higher grades at BAM gold, which could add high-grade ounces to an updated mineral resource estimate, which we are targeting for completion in mid 2025. We look forward to providing further technical results in the months ahead.’

Landore shares rose 4.2% to 4.27 pence each on Wednesday morning in London.

Copyright 2025 Alliance News Ltd. All Rights Reserved.