ONTARIO – About 235 km northeast of Thunder Bay, Landore Resources of London, UK, has drilled a significant new gold zone at its 100% owned Junior Lake property.
Last December a wide zone of near surface mineralization returned 1.12 g/t Au over 31.29 metres. Another hole hit a higher grade intersection – 4.21 g/t Au over 3.70 metres – within the zone. Follow up drilling in February 2016 intersected similar lithological units, and assays are pending.
New gold zone discovered by Landore at its Junior Lake property.
Landore says the new gold zone lies near the middle of a 2.7 km long, east-west trending, MaxMin geophysical anomaly, referenced as MM-7 and not previously drilled. The western end of the anomaly is located in the BAM gold zone discovered by Landore in 2003.
Landore will remain active at Junior Lake. A trenching and channel sampling program is planned for MM-7. The property also contains two nickel-copper deposits, B4-7 and VW. A review of the borehole EM data and a prefeasibility study of B4-7 are planned.
Additional information is available at www.Landore.com.