- Landore Resources has reported outstanding results from a preliminary metallurgical assessment of the BAM East gold prospect mineralisation on its Junior Lake Property, Ontario, Canada.

It said drill core material, in the form of two composites of 28 samples weighing a total of 67 kilos, was submitted to ALS Metallurgy, Kamloops of British Columbia for gravity concentration and cyanidation bottle roll leach testing on the gravity tails.


- Combined gold recovery by gravity concentration followed by cyanidation leach extraction of the gravity tail averaged about 98 percent for both composites tested.

- Gravity Concentration: Feed gold recovery to the pan concentrate ranged between 58 and 59% for Composite 1 and Composite 2. Between 0.02 and 0.03% of the feed mass was recovered to the pan concentrates grading between 3,687 and 6,977 grams/tonne gold.

- Gold leach kinetics recorded for all tests at a nominal primary grind sizing of 75┬Ám K80 were rapid, with close to peak gold extraction measured in the first sampling interval at 6 hours.

Chief executive Bill Humphries said: "These outstanding results, showing 98% recovery of gold using a simple combined gravity/leaching process, further supports our expectations that the exciting BAM East Gold deposit has the strong potential of low capex/opex costs amongst the lowest quartile of gold mining producers."

At 9:11am: [LON:LND] Landore Resources Ltd share price was +0.4p at 3.73p

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