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Landore Resources ( (GB:LND) ) just unveiled an announcement.
Landore Resources Limited announced the results of its 2024 soil sampling program at the Junior Lake property, which identified new gold anomalies east of the BAM Gold Project. This program, part of a multi-year exploration effort, suggests significant expansion potential for the BAM Gold deposit, extending the known gold system and supporting future exploration activities. The soil sampling results will guide a planned 3,500-meter drilling campaign, aimed at improving the understanding of the BAM Gold ore body and updating the Mineral Resource Estimate. This development could potentially enhance the company’s geological model and support its long-term strategic goals.
More about Landore Resources
Landore Resources Limited is a company operating in the mining industry, focusing primarily on precious and strategic metals. Their key holdings include the Junior Lake Property in Ontario, Canada, which hosts the BAM Gold Deposit, among other valuable mineral deposits such as nickel, copper, and cobalt.
YTD Price Performance: 1.23%
Average Trading Volume: 993,270
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £12.67M
See more insights into LND stock on TipRanks’ Stock Analysis page.
