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Awarded OJEP Grant

31 Mar 2026 07:06

RNS Number : 8168Y
Landore Resources Limited
31 March 2026
 

31 March 2026

LANDORE RESOURCES LIMITED

Landore Awarded Ontario Junior Exploration Program (OJEP) Grant

London, United Kingdom - 31 March 2026 - Landore Resources Limited (AIM: LND) ("Landore Resources" or the "Company") is pleased to announce it has been awarded the maximum allowed non-dilutive funding of C$215,000 from the Ontario Junior Exploration Programme (OJEP), a provincial initiative designed to support early-stage mineral exploration and development in Ontario. The OJEP programme helps junior mining companies defray a portion of eligible exploration and development costs, accelerating project timelines and creating employment opportunities in northern and Indigenous communities.

This OJEP funding will be directly applied to enhancing and expediting Landore's planned field programmes and technical evaluation on priority targets at Junior Lake. This strategic support not only strengthens Landore's project momentum but also underscores the Ontario government's confidence in the Junior Lake Project.

Sale of Shareholding in Storm Exploration

Landore also confirms that it has completed the sale of its entire shareholding in Storm Exploration Inc. ("Storm"), a non-core investment previously held on the Company's balance sheet. The divestment streamlines Landore's asset base and realises value that can be reallocated to its core projects. Proceeds from the sale have been received in full.

Landore Resources' CEO, Alexander Shaw, commented:

"The OJEP award coupled with the sale of our non-core interest in Storm Exploration, is a welcome source of non-dilutive capital that strengthens our ability to carry out our 2026 field programme. They enhance our financial flexibility and ensure we remain focused on advancing our principal assets in Ontario."

 

Please see the March edition of the newsletter for further information: https://investors.landore.com/newsletter-march

 

Engage with us by asking questions, watching video summaries and seeing what other shareholders have to say on our Interactive Investor hub here: Landore Resources Investor Hub

 

For further information, please contact:

 

Landore Resources Limited

Alexander Shaw (CEO)

 

Engage with the company directly

 

contact@landore.com

 

Landore Resources Investor Hub

Strand Hanson Limited (Nominated Adviser and Joint Broker)

James Dance / Matthew Chandler / Harry Marshall

 

Tel: 020 7409 3494

Hannam & Partners (Joint Broker)

Andrew Chubb / Matt Hasson

 

Tel: 020 7907 8500

AlbR Capital Limited (Joint Broker)

Colin Rowbury

 

cr@albrcapital.com

Tel: 020 7469 0930

 

Burson Buchanan (Financial PR)

Bobby Morse / Jude Stokes

 

landore@buchanancomms.co.uk

Tel: 020 7466 5000

 

Subscribe to our news alert service: https://investors.landore.com/auth/signup

About Landore Resources

Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM Gold Project, Northwestern Ontario, Canada, which has an inside pit shell MRE independently prepared in accordance with the 2019 CIM Best Practice Guidelines comprising 622.3 koz from 19.1 Mt @ 1.01 g/t Au of Indicated Resource and 33.7 koz from 1.1Mt @ 0.96 g/t Au of Inferred Resource. Ontario is Canada's largest gold producing province. Landore Resources' strategic objective is to crystallise value from its BAM Gold Project as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.

 

 

- ENDS -

 

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NRAWPUPUWUPQUQG
Date   Source Headline
4th Jun 20267:00 amRNS-RCorporate Presentation and Newsletter
3rd Jun 20267:00 amRNSFinal Results for the Year Ended 31 December 2025
7th May 20267:00 amRNSCorporate Update and 2026 Field Programme
5th May 20267:00 amRNSAppointment of Nominated Adviser and Joint Broker
1st May 20267:00 amRNSDirectorate change
31st Mar 20267:06 amRNS-RAwarded OJEP Grant
16th Feb 20267:00 amRNSCompletion of Storm Option Agreement
22nd Jan 20267:30 amRNSRestoration - Landore Resources Limited
22nd Jan 20267:00 amRNSUpdated Mineral Resource Estimates for Junior Lake
21st Jan 20267:00 amRNSUpdate re Suspension of Trading on AIM
2nd Jan 20267:00 amRNSUpdate on Suspension of Trading on AIM
2nd Jan 20267:00 amRNSUpdate on Suspension of Trading on AIM
11th Dec 20253:31 pmRNSTemporary Suspension of Trading on AIM
11th Dec 202512:59 pmRNSSuspension - Landore Resources Limited
3rd Dec 20257:00 amRNSStorm Enters Agreement to Sell Miminiska Project
10th Nov 20257:00 amRNSAmalgamation of Landore Canada and Lamaune
27th Oct 20257:00 amRNS£1,465,000 Equity Fundraise
17th Oct 20254:39 pmRNSExercise of Warrants and Issue of Equity
16th Oct 20257:00 amRNSAppointment of Alexander Shaw to Storm Board
29th Sep 20258:52 amRNSInterim Results
5th Aug 20254:11 pmRNSResult of Annual General Meeting
27th Jun 20256:10 pmRNSFinal Results and Notice of Annual General Meeting
18th Jun 20257:00 amRNSPositive Drill Campaign Results at BAM
6th May 20257:00 amRNSDrilling Campaign at BAM Gold Project Completed
25th Apr 20257:58 amRNSCompletion of BAM Mineral Rights Acquisition
4th Apr 20251:08 pmRNSDirector’s Dealing
26th Mar 20257:00 amRNSAcquisition of Additional BAM Mineral Rights
24th Mar 20257:00 amRNSReceipt of Option Payment from Storm
17th Mar 20257:00 amRNSDrilling Programme Commences on BAM
3rd Mar 20257:00 amRNSDrill Core Sampling Identifies Gold Upside
3rd Mar 20257:00 amRNSExercise of Warrants and Issue of Equity
12th Feb 20257:00 amRNSSampling Programme Identifies New Gold Anomalies
19th Dec 20247:00 amRNSAppointment of Joint Broker
13th Nov 20247:00 amRNSReceipt of Option Payment from Storm
30th Sep 20247:00 amRNSInterim Results to 30 June 2024
16th Sep 20247:00 amRNSBAM Gold Project Update
19th Aug 20247:00 amRNSUpdate on Option Agreement
17th Jul 20247:00 amRNSNotification of Major Holdings
16th Jul 202412:21 pmRNSCORRECTION: Notification of Major Holdings
16th Jul 20247:00 amRNSNotification of Major Holdings
12th Jul 20243:03 pmRNSNotification of Major Holdings
8th Jul 20241:23 pmRNSRESULT OF AGM, DIRECTORATE CHANGE & TVR
3rd Jul 20243:30 pmRNSOPTION AGREEMENT ON MIMINISKA LAKE & KEEZHIK LAKE
24th Jun 202412:30 pmRNSPosting of 2023 Annual Report and Notice of AGM
21st Jun 20242:30 pmRNSHolding(s) in Company
17th Jun 20247:00 amRNSFinal Results and Notice of AGM
12th Jun 20247:00 amRNSFundraise, Proposed CEO Appointment & Board Change
28th May 20247:00 amRNSStorm Option Agreement and Corporate Updates
15th Feb 20247:00 amRNS2023 Soil Sampling Identifies New Gold Trends
8th Feb 20246:09 pmRNSFurther Amendment to Storm Option Agreement

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