StockMarketWire.com - Landore Resources said the mineral resource estimate at its BAM gold deposit at the Junior Lake property in Ontario, Canada had been increased by 53%.

The deposit was now estimated to hold 951,000 ounces of gold.

A strike rate of around 30 ounces of gold per metre was maintained for the 31,594 metres drilled on the deposit to date.

Chief executive Bill Humphries said the continued growth of the deposit, combined with future development of other know prospects, boded well for the future of the Junior Lake property hosting a 'multi-million ounce' gold deposit.






At 1:34pm: [LON:LND] Landore Resources Ltd share price was +0.08p at 1.05p



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