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Landore launches fully funded 2026 push to define Lamaune gold resource

Story Highlights
  • Landore Resources is advancing its North American gold and battery metals portfolio, pursuing strategic options for Lessard and Nevada while focusing on core assets.
  • The fully funded 2026 field programme will start 14 May at the Lamaune Gold Prospect to refine geology and support a maiden NI 43-101 resource estimate.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Landore launches fully funded 2026 push to define Lamaune gold resource

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An announcement from Landore Resources ( (GB:LND) ) is now available.

Landore Resources has outlined its 2026 field programme and strategic priorities as it seeks to unlock value across its North American asset base. The company is in discussions over potential joint ventures, partnerships and asset-level deals for its Lessard and Nevada properties, aiming to monetise non-core assets while keeping focus on core projects.

The 2026 field campaign, starting on 14 May, will target the Lamaune Gold Prospect in the Junior Lake Greenstone Belt, with infill sampling and structural work designed to support a maiden NI 43-101 resource. Management views Lamaune as the most compelling near-term gold target on the wider property, and confirms the programme is fully funded, positioning Landore to advance resource definition without immediate recourse to new capital.

Spark’s Take on LND Stock

According to Spark, TipRanks’ AI Analyst, LND is a Neutral.

The score is weighed down primarily by weak financial performance (no revenue, sustained losses, and ongoing cash burn) and a bearish technical setup (price below all key moving averages with negative MACD). The lack of debt and improved equity provide some balance-sheet support, but valuation metrics are not meaningful due to negative earnings and there is no dividend yield data.

To see Spark’s full report on LND stock, click here.

More about Landore Resources

Landore Resources is a mineral exploration and development company listed on AIM that owns 100% of the BAM Gold Project in northwestern Ontario, Canada. The flagship asset hosts an NI 43-101 compliant mineral resource within an open pit shell, and the group’s strategy is to crystallise value from BAM while advancing a portfolio of precious and battery metals projects in eastern Canada and the U.S.

Average Trading Volume: 1,171,770

Technical Sentiment Signal: Sell

Current Market Cap: £7.99M

See more insights into LND stock on TipRanks’ Stock Analysis page.

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