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Landore Resources ( (GB:LND) ) has issued an update.
Landore Resources Limited has temporarily suspended trading of its ordinary shares on AIM at its own request. This suspension is pending the release of an updated Mineral Resource Estimate for its BAM Gold Project in Canada, which is expected soon. This announcement is significant as it could impact the company’s valuation and market positioning, particularly given the strategic importance of the BAM Gold Project in Ontario, a major gold-producing region.
More about Landore Resources
Landore Resources Limited is a company focused on the exploration and development of mineral resources. It is the 100% owner of the BAM Gold Project in Northwestern Ontario, Canada, which boasts a significant gold resource estimate. The company aims to maximize the value of its gold project and also holds interests in other precious and battery metals projects in Canada and the USA.
Average Trading Volume: 1,578,375
Technical Sentiment Signal: Sell
Current Market Cap: £13.93M
For an in-depth examination of LND stock, go to TipRanks’ Overview page.