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Landore confirms extension at Junior Lake

15/09/2014 by

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Landore Resources has confirmed that the recently completed drill programme on the B4-7 East zone of the Junior Lake nickel-copper property in Ontario has successfully intersected a significant copper/gold mineralised structure.

Landore says this extends eastwards from the B4-7 nickel-copper-cobalt-PGEs deposit for 1,000 metres to line 1600E.

Landore says a preliminary drill programme, consisting of 16 drill holes (0414-477 to 0414-492) for 4,201 metres, has been completed over the prospective area from the B4-7 Nickel-Copper-Cobalt-PGEs deposit (B4-7) eastwards for 1,500 metres to line 2100E.

Drilling has confirmed the extension of a significant copper/gold mineralized structure previously delineated from line 900W in the Scorpion zone eastwards adjacent to the B4-7. Values as high as 5.49% copper over 0.77 metres in drill-hole 0412-368 and 26.1g/t gold over 0.75 metres in drill-hole 0406-252 have been intersected by previous drilling. This copper/gold mineralisation is commonly hosted in foliated to sheared gabbro and leucogabbro.

The current drill programme, conducted during July and August 2014, confirmed the extension of this copper/gold trend through to line 1600E, with a further 500 metres potential strike length indicated by historical drill hole S-5 on line 2100E with 0.21 metres at 8.97% Cu, giving an overall potential strike extension of 3.0 kilometres. The drilling also intersected elevated polymetallic mineralisation on line 1200E with drill-hole 0414-485 returning 5 metres at 0.25% Ni, 0.33% Cu, 0.01% Co, 497ppb Pd, 100ppb Pt, and 48ppb Au from 61 metres down-hole which together with previous highly encouraging trench results on line 1350E holds potential for near-surface, economic polymetallic mineralisation which would provide added value to the B4-7 deposit. Further drilling is necessary to ascertain the scope of this near-surface polymetallic mineralisation. 

This article has been extracted from http://www.iii.co.uk/, please click on this link to read the article in full http://www.iii.co.uk/stockmarketwire/192443/landore-confirms-extension-junior-lake

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