Landore Resources Limited Regulatory News (LND)

30 Apr 2008 07:00

Landore Resources Limited30 April 2008 LANDORE RESOURCES LIMITED LESSARD, COPPER-ZINC-SILVER PROJECT DRILLING REPORT Highlights; • Infill Drilling on the historic VMS deposit at Landore's Lessard property has confirmed the continuity of mineralization, whilst continuing to intersect high grade Zinc and Copper, to a depth of over 500 metres. The deposit remains open at depth. • Independent Engineers have commenced preparation of a compliant (JORC) Resource estimate on the Lessard deposit. A drilling campaign consisting of 25 NQ diamond drill holes, for a total of9,581 metres, was completed in early 2008 on the Lessard deposit in order toprovide closer spacing to enable a resource estimate and to target possiblestrike extensions of the existing deposit. Mineralised intersections include +-----------+--------+--------+--------+--------+--------+--------+ |Drill-hole | From | Width | Zinc | Copper | Silver | Gold | +-----------+--------+--------+--------+--------+--------+--------+ | No | Metres | Metres | % | % | gpt | gpt | +-----------+--------+--------+--------+--------+--------+--------+ | 0908.11 | 175.0| 9.0| 4.94| 1.47| 24.9| 0.44| +-----------+--------+--------+--------+--------+--------+--------+ | including | 179.0| 3.0| 0.93| 2.63| 41.2| 0.58| +-----------+--------+--------+--------+--------+--------+--------+ | including | 183.0| 1.0| 15.04| 1.27| 26.3| 0.26| +-----------+--------+--------+--------+--------+--------+--------+ | 0908.14 | 253.0| 2.0| 7.44| 0.36| 5.7| 0.04| +-----------+--------+--------+--------+--------+--------+--------+ | 0908.18 | 317.0| 2.0| 5.97| 1.16| 19.3| 0.14| +-----------+--------+--------+--------+--------+--------+--------+ | 0908.19 | 294.0| 10.0| 1.49| 1.18| 27.2| 0.33| +-----------+--------+--------+--------+--------+--------+--------+ | including | 301.0| 1.0| 3.63| 1.56| 32.0| 0.02| +-----------+--------+--------+--------+--------+--------+--------+ | 0908.21 | 166.5| 0.5| 5.70| 3.88| 60.0| 0.13| +-----------+--------+--------+--------+--------+--------+--------+ | 0908.22 | 358.0| 8.0| 1.95| 1.05| 40.5| 0.32| +-----------+--------+--------+--------+--------+--------+--------+ | 0908.27 | 432.0| 2.3| 7.60| 0.41| 23.0| 0.27| +-----------+--------+--------+--------+--------+--------+--------+ | 0908.33 | 528.0| 9.0| 4.30| 0.70| 61.8| 0.50| +-----------+--------+--------+--------+--------+--------+--------+ | including | 534.0| 3.0| 10.97| 0.78| 63.5| 0.42| +-----------+--------+--------+--------+--------+--------+--------+ The Lessard property, located approximately 107 kilometres north of the town ofChibougamau in the province of Quebec, comprises 91 claims for 1,456 hectares.Lessard hosts a copper-zinc-silver deposit with a historic resource reported ina feasibility study in 1975 by Selco Mining Corporation Ltd of 1,463,835 tons at1.73%Cu, 2.96%Zn, 1.1oz/t Ag and 0.019oz/t Au after allowance for dilution. (Theresource is not compliant with National Instrument 43-101). The positive results from the 2008 and 2006 drilling campaigns are better thanexpected and have encouraged Landore to advance the Lessard deposit towardspossible development. Accordingly Chlumsky, Armbrust and Meyer, LLC. (CAM) of Lakewood, Colorado, hasbeen retained by Landore to independently prepare an Australian Joint OreReserves Committee (JORC) Code standard (2004) Resource estimate and report onthe Lessard deposit. 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: +44(0)7734 681262Richard Prickett, Chief Executive Tel: +44(0)7775 651421Landore Resources Limited Simon RaggettStrand Partners Limited Tel: +44(0)20 7409 3494 David Bick Tel: +44(0)7831 381201 This information is provided by RNS The company news service from the London Stock Exchange