Canadian Mining Journal


GOLD: NWOP names Landore’s BAM East discovery of year

ONTARIO – The Northwest Ontario Prospectors Association has awarded the BAM East gold deposit the Bernie Schneiders Discovery of the Year trophy. The deposit is part of Landor Resources’ Junior Lake property about 235 km northeast of Thunder Bay.

The BAM East deposit has no shortage of visible gold (and silver).

The award, recognizing an exceptional discovery during 2016, was presented on April 4, 2017, at the annual awards dinner during the 2017 Ontario Prospectors Exploration Showcase held in Thunder Bay, Ont.

The BAM East deposit was discovered in December 2015 about midway along a 2.7-km east-southeast to west-northwest trending MaxMin geophysical anomaly. The western end of the anomaly lies in the BAM gold zone discovered by Landore in 2003. Drilling continues this season.

In February, Landore released the maiden resource estimate for BAM East. The deposit contains 4.46 million indicated tonnes grading 1.35 g/t gold and containing 193,000 oz. The inferred portion is 2.73 million tonnes at 1.23 g/t and containing 108,000 oz. of gold.

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