The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
http://www.proactiveinvestors.co.uk/companies/news/177912/landore-resources-buoyed-by-evidence-of-widespread-gold-at-bam-east Landore Resources buoyed by evidence of 'widespread' gold at BAM East Share 09:06 17 May 2017 Exploration on the inferred section contained multiple instances of visible gold in the drill-core picture of gold Landore is drilling 12,000m this season Landore Resources Limited (LON:LND) has found ‘widespread mineralisation’ through its latest drilling campaign at BAM East at its Junior Lake deposit in Ontario. Exploration on the inferred section contained multiple instances of visible gold in the drill-core, the compnay said. The BAM East deposit has now been confirmed over 700 metres of strike length and remains open down dip, to the east and to the west along strike, Landore said. Originally drilling at Junior Lake focused on nickel but high grade discoveries last year at BAM East has seen Landore change tack and look for gold with the intention of upgrading the existing inferred resource. Assays for four holes out of a total of twelve drilled so far have come back. The summer programme will total 12,000m with 3,300m completed. Best of the grades were high grade sections of 12.45 g/t over 0.7m at a depth of 180m and 10.15 g/t over 0.5m at 230m down. Over greater widths, Landore reported 1.39 g.t over 27.6m and 1.09 g/t over 21.5m. Shares rose 11% to 3.38p.
http://www.patagoniagold.com/wp-content/uploads/2017/04/AGM-Presentation-April-2017.pdf
https://en.wikipedia.org/wiki/R%C3%ADo_Negro_Province#Economy There is a gold mine located at Calcatreu, near Ingeniero Jacobacci, that is owned by Pan American Silver.[15] in December 2011 the provincial government repealed a law banning the use of cyanide in mineral processing, and the mine's owners regarded this as a positive development which is likely to bring increased investment.
https://www.northernontariobusiness.com/industry-news/mining/outstanding-in-their-field-581782
http://www.proactiveinvestors.co.uk/companies/news/172047/landore-gets-bam-for-buck-at-junior-lake-with-gold-option-172047.html Interview with Bill H
http://www.patagoniagold.com/projects/la-paloma/ HIGHLIGHTS Located in the silver rich, SW domain of the Deseado Massif, Santa Cruz Province, Argentina Rhyolitic flow-domes in the core of a low-sulfidation quartz vein swarm on the flanks of a regional scale caldera More than 10 km of veins mapped to date High grade gold (to 83 ppm) and silver (to 15,444 ppm) reported from surface sampling Located 10 km along strike to the NW of the Mina Martha silver mine which has spare processing capacity Provincial road access through the project area
4 November 2016 LANDORE RESOURCES LIMITED ("Landore Resources" or the "Company") Exercise of Options and Total Voting Rights Landore Resources (AIM: LND) announces that today, Bill Humphries, Chief Executive Officer of the Company, exercised options over 7,000,000 ordinary shares of no par value in the Company ("Ordinary Shares") at an exercise of price of 1.8 pence per Ordinary Share. Application is being made for these 7,000,000 Ordinary Shares to be admitted to trading on AIM and it is anticipated that trading in such shares will commence on or around 10 November 2016. Following Admission, Mr Humphries will hold 64,314,119 Ordinary Shares, representing approximately 9.1 per cent. of the Company's issued share capital. Following Admission, the Company will have 707,488,001 Ordinary Shares in issue. Landore Resources does not hold any Ordinary Shares in treasury. The aforementioned figure of 707,488,001 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Landore Resources under the Financial Service Authority's Disclosure and Transparency Rules. -ENDS-
There are many reasons for that. The first, straightforwardly enough, are the grades and widths. The initial announcement of the gold mineralisation at BAM East was certainly a head turner: 40.75 metres at 1.82 grams per tonne gold, with two higher grade sections of 2.25 metres at 10.28 grams per tonne and 3 metres at 5.74 grams. When drilling resumed later in the summer, Landore then hit 38.5 metres at 3.42 grams per tonne, with additional higher grade intercepts. By early September the company was reporting multiple instances of visible gold and more lengthy intercepts as the outcome of the summer campaign. Winter drilling is just getting underway now, and already the project has advanced to the stage where Humphries is talking about putting out a resource in January. “At that point I’m confident we will be in a position to do a pre-feasibility study,” he says. “It’s such a simple occurrence. This will be very easy to fast-track, because we’ve done all the work we need to move forward for the nickel lease. We’ve got permits to construct and we’ve got very supportive First Nations. We’ve done water studies, we’ve done wildlife, fishing – all of those.” What’s more, when the nickel price finally does move off its current 25-year lows, the economies of scale will suddenly become plain for both projects. “It’s the same sort of system,” says Humphries. “The crushing and milling side of things will be the same. And we’ll move on the nickel the moment the price moves up, and it doesn’t have to move up that far.” No doubt about it though, the gold has been transformational for Junior Lake, and for Landore. There’s a dearth of new gold projects out there and still plenty of mid-tiers and majors looking to replenish reserves. It doesn’t take a complicated analyst’s model to join up those dots.
Landore restarts drilling with a view to delivering a resource at BAM by January Share 12:54 25 Oct 2016 Landore's BAM East gold discovery is shaping up well. Now the subject of renewed drilling, a maiden resource is expected early next year Landore restarts drilling with a view to delivering a resource at BAM by January There have been several significant gold intersections at BAM East already “It’s a serious discovery,” says Bill Humphries of Landore Resources Limited (LON:LND). He’s talking about the BAM East gold prospect at the company’s long-held Junior Lake property in Ontario. Landore has been on the ground at Junior Lake for many years now and along the way has proved up nickel mineralisation in serious quantities at two separate deposits, B4-7 and the VW. But the story of the discovery of the gold mineralisation at BAM East, just 2,000 metres to the east of B4-7 is the stuff of mining fairy tale. At the end of last year, with the worst mining bear market in recent memory still wreaking havoc on junior miners, and with the nickel price especially hard hit, Landore getting ready to give up on the drill bit altogether, or at least for the foreseeable future. At that stage it was one of only two junior miners still doing any drilling work at all in Ontario which, considering Ontario is one of the great mining jurisdictions in the world is quite something to consider. But, with the nickel drilling wrapping up before Christmas, there was time for one last hole. And this one hit something different, and wholly unexpected – gold, in significant quantities. Anyone curious about the significance of this last and apparently final drill hit need only take a look at Landore’s share price performance since then. Late in January Landore hit a 10-year low of 0.51p. There was a little bit of upward drift through February and March as the mining markets in general showed renewed signs of life, but then in early April the shares suddenly leapt to just under 2p. That was when the company put out its first significant notification on the potential of BAM East. Several more have followed as, needless to say, drilling wasn’t halted after all. The shares are now at 3.3p, up more than six times since that January low, and although there’s a lot of retail on the register now, there could be more to come. Bill Humphries is under no illusions as to the significance of the discovery at BAM East. It’s not just his own long-years of experience in the mining industry, and in particular as one of the founders of Brancote Resources, the Aim market’s first great mining success stories. It’s also that other parties are beginning to show an interest in BAM too. “We’ve got a lot of people talking to us,” he says. “After we finished the first round of drilling we had people calling straight away.” There are many reasons for that.
It Seems Landore Resources Ltd. Will Go Up. Just Reaches 52-Week High September 13, 2016 Clifton Ray The stock of Landore Resources Ltd. (LON:LND) hit a new 52-week high and has GBX 6.63 target or 70.00% above today’s GBX 3.90 share price. The 9 months bullish chart indicates low risk for the GBX 27.32M company. The 1-year high was reported on Sep, 14 by Barchart.com. If the GBX 6.63 price target is reached, the company will be worth GBX 19.12 million more. The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 14.71% or GBX 0.5 on September 13, hitting GBX 3.9. About 4.65 million shares traded hands or 307.89% up from the average. Landore Resources Ltd. (LON:LND) has risen 552.17% since February 11, 2016 and is uptrending. It has outperformed by 535.69% the S&P500. Landore Resources Limited is engaged in mineral exploration, including the identification, acquisition and development of mineral projects either alone or with joint venture partners. The company has a market cap of 27.32 million GBP. The Company, through its subsidiary, Landore Resources Canada Inc. , is engaged in mineral exploration in Eastern Canada. It currently has negative earnings. Landore owns or has the mineral rights to over six properties in Eastern Canada, of which Mount Fronsac and Root Lake are optioned to third parties. http://friscofastball.com/2016/09/13/it-seems-landore-resources-ltd-will-go-up-just-reaches-52-week-high/
17862 ozs au in 2016 at a cash cost of $572 per oz - Nice little earner "Whilst mining ceased at Lomada in May 2016, irrigation of the heap leach pad has continued and Lomada produced 17,862 oz Au for the first seven months to 31 July 2016, which represents 14% above the Company's forecast for the period of 15,600 oz Au. Cash costs for the period were US$572 per oz."
"Since there are multiple instances of visible gold as well as high grade gold in current drilling, core samples from intervals of interest will be re-submitted for screen metallic gold analysis to obtain better reproducibility of gold results." "Due to the presence of visible gold Landore will be changing to HQ size drill core which, at 77.9 millimetre (mm) inside diameter as against 60mm diameter for NQ core size, provides an additional 40% core for analysing. "
Patagonia Gold plc (LON:PGD) insider de Prado,Manuel acquired 3,838,025 shares of the stock in a transaction dated Friday, July 1st. The stock was bought at an average cost of GBX 2 ($0.03) per share, with a total value of £76,760.50 ($101,966.66). Shares of Patagonia Gold plc (LON:PGD) opened at 2.15 on Thursday. The stock’s market capitalization is GBX 22.79 million. Patagonia Gold plc has a 52 week low of GBX 1.00 and a 52 week high of GBX 2.92. The stock has a 50 day moving average price of GBX 2.00 and a 200 day moving average price of GBX 1.94.
http://www.landore.com/pdf/05_LND_Presentation_Junior_Lk_Lithium_slide.pdf
BAM Zone: The BAM Au Zone is located approximately 1000 m northeast of the B4-7 Zone and was discovered during detailed prospecting completed as follow-up to a low-grade, 270 ppb Au analysis obtained from 2003 prospecting sample 218017 (MacTavish 2004). Followup samples 218147 and 218418 contained 3144ppb and 5967ppb Au, respectively, and both samples were enriched in As. Sample 218147 was taken from a mineralized shear located along the southern edge of a small outcrop, whereas sample 218148 was taken from a small, angular, frost-heave boulder located a short distance south of the outcrop. Confirmation samples were taken from both sample locations once the Au-rich analytical results were received. The discovery outcrop was exposed in September 2003 by Trench T15 (MacTavish 2004). The exposed mineralized zone consists of narrow, anastomosing, locally coalescing, moderately biotitic, variably silicified and carbonatized, variably mineralized shears occurring near the northern contact of a medium- to coarse-grained melagabbroic to gabbroic sill or dyke with pillowed mafic metavolcanic flows. Mineralization is closely associated with alteration, consists of l to 8^0 finely disseminated pyrite and fine arsenopyrite needles, and locally attains widths of 2.50 m. Surface measurements indicate that the strike of the zone varies widely between 0900 and 124" and dips between 730 and 86" to the south. Existing mapping suggests that a structural flexure may exist in the vicinity of the zone. Local plunges were difficult to measure but are thought to be moderate to the west. Mineralized grab samples taken from Trench T15 contained up to 11.94gpt Au and channel samples 1.61 gpt Au/1.11 m and 4.16gpt Au/0.33 m. Anomalous to significant Au values are almost always accompanied by anomalous As, but significant As is not always accompanied by anomalous to significant Au.