StockMarketWire.com - Landore Resources' autumn drill campaign on the Junior Lake property in Ontario identified excellent quality conductive targets.

It says borehole transient electromagnetic (TDEM) surveys carried out in selected drill holes along strike to the west of the B4-7 resource identified excellent quality conductive targets which appear to represent the westerly and down plunge extension of the B4-7 deposit for a further 500+ metres past the existing defined resource.

And it says preliminary results from the recently completed geotechnical study for rock mechanics and open pit slope angles for the proposed B4-7 starter pit has given an inter-ramp angle of 59 degrees. This will allow the pit to be substantially deepened from the original 2013 design capturing far more of the ore whilst retaining the same stripping ratio.

Landore completed a drilling campaign in the autumn of 2015 consisting of 6 diamond drill holes for 1,761 metres together with the extension of two existing holes for 462 metres for a total of 2,223 metres. The drilling was carried out to support borehole transient electromagnetic (TDEM) surveys completed on drill holes in the B4-7 nickel-copper-cobalt-PGE deposit area, VW West and BAM East areas. In addition, drill hole 0415-516 was drilled to support a geotechnical review of the rock mechanics and open pit slope design for the proposed starter pit on the B4-7 deposit.




At 8:05am: [LON:LND] Landore Resources Ltd share price was +0.08p at 0.7p



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