Landore Resources Limited Regulatory News (LND)

12 Sep 2006 07:00

Landore Resources Limited12 September 2006 LANDORE RESOURCES LIMITED ("Landore") JUNIOR LAKE-NICKEL PROJECT SECOND INTERIM DRILLING REPORT-VW ZONE. Further infill and extension drilling on the VW Zone nickel discovery atKetchikan Lake, toward the southeastern end of the Junior Lake property, OntarioCanada, has consistently intersected wide intervals of sulphide mineralizationwith assay results continuing to return grades in excess of 1% nickel.Mineralized intersections, not previously reported, include: +----------------------+---------------+-------------------+-------------------+|Drill-hole |From |Width |Nickel |+----------------------+---------------+-------------------+-------------------+| No |Metres |Metres | % |+----------------------+---------------+-------------------+-------------------+|0406-52 | 280.4 | 9.1 | 1.09 || | | | |+----------------------+---------------+-------------------+-------------------+|includes | 282.8 | 3.8 | 1.81 |+----------------------+---------------+-------------------+-------------------+|includes | 282.8 | 1.3 | 2.45 |+----------------------+---------------+-------------------+-------------------+| | | | |+----------------------+---------------+-------------------+-------------------+|0406-56 | 334.5 | 10.2 | 0.88 |+----------------------+---------------+-------------------+-------------------+|includes | 335.9 | 2.7 | 1.23 |+----------------------+---------------+-------------------+-------------------+| | | | |+----------------------+---------------+-------------------+-------------------+|0406-58 | 29.4 | 10.5 | 0.40 |+----------------------+---------------+-------------------+-------------------+|includes | 38.3 | 0.3 | 1.18 |+----------------------+---------------+-------------------+-------------------+| | 82.9 | 16.8 | 0.47 |+----------------------+---------------+-------------------+-------------------+|includes | 92.7 | 1.3 | 0.96 |+----------------------+---------------+-------------------+-------------------+| | 230.8 | 3.0 | 0.72 |+----------------------+---------------+-------------------+-------------------+|includes | 232.8 | 0.5 | 1.88 |+----------------------+---------------+-------------------+-------------------+| | | | |+----------------------+---------------+-------------------+-------------------+|0406-60 | 85.2 | 0.6 | 2.14 |+----------------------+---------------+-------------------+-------------------+| | | | |+----------------------+---------------+-------------------+-------------------+|0406-79 | 144.4 | 11.5 | 0.39 |+----------------------+---------------+-------------------+-------------------+| | 160.4 | 14.6 | 0.49 |+----------------------+---------------+-------------------+-------------------+|includes | 167.5 | 0.8 | 1.37 |+----------------------+---------------+-------------------+-------------------+| | 216.0 | 1.5 | 1.39 |+----------------------+---------------+-------------------+-------------------+ .The VW Zone has now been confirmed with drilling along 300 metres of strikelength with the mineralized horizons showing continuity and evidence that nickelgrades are improving to the west. The zone remains open to the east, west and atdepth. The Junior Lake properties are located in the province of Ontario, approximately235 kilometres north-northeast of Thunder Bay and are situated within theCaribou-O-Sullivan Greenstone Belt in the Wabigoon Subprovince. The current infill, extension and exploration drilling campaign at Junior Lakecommenced in early May. To date, 36 holes (0406-48 to 81, 50 twin, 52A) for atotal of 7,827 metres of NQ sized diamond core, have been completed, consistingof 26 holes for 5,931metres on the VW Zone and 10 holes (406-61 to 70) for 1,992metres on exploration targets. Assays are pending for 10 holes on the VW Zoneand for the exploration drilling. Drilling is continuing, with a further 7 holes to complete of the current infilland extension programme. The drilling team will then relocate to the nearby B4-7Zone to drill 4 infill holes and 2 metallurgical holes. All drill core was photographed prior to being cut for assaying. Samples wereanalyzed at Accurassay Laboratories (ISO/IEC 17025), Thunder Bay, Ontario, bygeochemical analysis with atomic absorption finish (Ni). All samples reportingresults of 1% nickel or higher were re-analysed by the assay method with atomicabsorption finish. Check assays, standards and laboratory duplicates wereperformed on a systematic basis at Accurassay Laboratories. ALS ChemexLaboratory in Vancouver, BC also completed systematic checks. Core is stored atsite and in Landore's facilities in Thunder Bay, Ontario. Rejects are stored atAccurassay Laboratories and in Landore's facilities in Thunder Bay. Metallurgical Testing-NI 43-101 resource statement. SGS Lakefield Research Limited of Lakefield, Ontario, is currently carrying outmetallurgical testing of the VW Zone Nickel ore. On completion of the drillingand metallurgical testing an independent consultant will prepare a NI 43-101compliant technical report. It is anticipated that the report will be completedby year end. Further releases will be made as drilling continues. James Garber, (BSc. Hons. Geology, member of APGO) a Director of LandoreResources Ltd and a qualified person as defined in National Instrument 43-101,has reviewed and verified all scientific or technical mining disclosurecontained in this press release. - ENDS - For more information please contact: Bill Humphries, Chairman Tel: 07734 681262Richard Prickett, Chief Executive Tel: 07775 651421Landore Resources Limited www.landore.com Simon RaggettStrand Partners Limited Tel: 020 7409 3494 David Bick Tel: 07831 381201 This information is provided by RNS The company news service from the London Stock Exchange