Exploration drilling at the Junior Lake property in Ontario. (Image: Landore Resources)
ONTARIO – Drilling this summer by Landore Resources of London, U.K., has found a new gold occurrence at the Bam deposit. Bam is part of the Junior Lake gold property 235 km northeast of Thunder Bay.
Drilling 1 km along strike to the east of the Bam deposit intersected 26.20 g/t gold over 1.02 metres from a depth of 77.0 metres below the surface. The find confirms that the Bam mineralized structure strikes more than 3.0 km. It remains open to the east, west and down dip.
Landore has received the final results for this summer’s drilling campaign, and those numbers will allow the resource estimate to be updated by the end of this year. The update along with ongoing metallurgical and geotechnical studies will be incorporated in a preliminary economic assessment, due to be completed in Q1 2019.
More information about the Junior Lake property is available at www.Landore.com.