Canadian Mining Journal

News

NICKEL-COPPER: Landore updates estimate for B4-7 deposit at Junior Lake



ONTARIO – Additional drilling by Landore Resources of London, U.K., has allowed the company to report a 43% increase in total resources for the B4-7 nickel-copper-cobalt-PGM deposit on its Junior Lake property. The property lies about 235 km north-northeast of Thunder Bay.

Massive sulphide drill core from the B4-7 deposit at Junior Lake. (Image: Landore Resources)

Total tonnage at B4-7 is now 3.4 million indicated tonnes at 1.20% nickel equivalent and 568,000 indicated tonnes at 1.26% NiEq. The resource estimate includes 46,661 tonnes of contained metal.

The recent drill program doubled the open pit component of the B4-7 deposit to 1.8 million tonnes at 1.20% NiEq in the indicated category with 21,264 tonnes of contained metal. It also extended the deposit an extra 200 metres to a strike length of 900 metres and a depth of 550 metres. The deposit remains open along strike and at depth.

Landore has identified a new exploration target down dip from the B4-7 deposit that may have the potential to host 1.5 million to 2.0 million tonnes of sulphide mineralization.

Additional details are available in the Feb. 5, 2018, news release posted at www.Landore.com.