お知らせ • Jan 14
Landore Resources Limited Reports the Results of the 2020 Soil Sampling Program
Landore Resources Limited reported on the results of the 2020 soil sampling program carried out along strike to the east and west of its BAM Gold Project, Junior Lake Property, Ontario, Canada. The drilling programme for 2020-21 at the BAM Gold Deposit is progressing as planned with a total of 6,518 metres of HQ diamond core, comprising 30 drill holes, completed to date. All drill holes have successfully intersected prospective mineralised zones associated with the BAM Gold Deposit. The drill core has been logged, processed and sent to ALS Minerals of Thunder Bay for analysis to date. Assay results are pending and will be reported once received and collated. The drilling programme is expected to complete in April 2021. Landore Resources' geological team completed an extensive exploration campaign during the summer of 2020 which included the establishment of a cut grid and soil sampling, westwards along strike for 2.1 kilometres and eastwards along strike for 2 kilometres from the existing BAM Gold Project, successfully establishing the presence of widespread anomalous gold and multiple gold trends. The Junior Lake property is located approximately 230 kilometres north-northeast of Thunder Bay, ON. The property contains three NI43-101 compliant mineral resources, two of which are predominately nickel (B4-7 and VW) and one which is gold (BAM Gold). During the summer of 2020 soil sampling was conducted on the Junior Lake property aimed at infilling and extending the 2019 soil sampling program. A total of 1013 samples, inclusive of QAQC samples were collected. Soil sampling consisted of collection of the B horizon at a nominal spacing of 25m. Numerous areas were unable to be sampled due to swampy conditions or signs of disturbance from past forestry operations. Soil data has indicated exploration targets prospective for further significant gold mineralization to the east and west of the currently-defined BAM Gold deposit. Numerous anomalous gold trends were noted, of which four priority areas are: Continuation of the BAM Gold trend an additional 1.5 km to the west of which follow up drilling along a portion has had encouraging results, Anomalous gold values associated with iron formation between Juno Lake and Boras Lake that are open to the west, towards the known Lamaune Gold occurrence, Anomalous gold values continuing west towards Juno Lake along the projected metasedimentary sequence of the BAM gold and the possibility of a southwest splay from this trend passing just south of Juno Lake, and The gold trend east of the BAM Gold Deposit has been extended for a further 2.0km. Gold anomalies continue eastward beyond the surveyed grid. The soil sampling program was deemed a successful, low cost tool for gold exploration and should be expanded to cover the width of the property. The sampled portions of the grid spanned three separate areas: The Eastern section of the existing Felix Lake soils grid from 700W to 2000W. Infilling to obtain coverage at 100 metre centres along strike (1.3km x 1.7km wide). Extending the existing Junior lake soils grid to the west from 400E to 600W at 100 metre centres (1km X 1.7km wide). Completing a new soils grid to the East of the BAM Gold deposit from 3000E to 5000E at 100 metre centres (2km x 1.2km). A total of 1,013 samples, including 121 reference samples, were analyzed. Samples were collected from the B horizon at a nominal distance of 25m using a Dutch auger. Samples had their location recorded using a handheld GPS as well as the grid reference. Each sample also had the depth it was taken and description of colour and composition noted. The area was extensively logged ~20 years ago. As a result, areas with obviously disturbed soil, with thick organics or A horizons >2m, the limit of the soil auger, or conversely no developed soil profile, were not sampled. The Junior Lake property is located 230km north-northeast of Thunder Bay, ON and 75km east-northeast of the village of Armstrong, Ontario. The property is accessible by heading east along gravel logging roads from the village of Armstrong. The property consists of 1,158 mineral claims and six mining leases. The Junior Lake property is located within the Caribou Lake – O'Sullivan greenstone belt of the East Wabigoon Subprovince of the Superior Province. The greenstone belt ranges from 3.5 – 15 km in width, north-south, and extends for 80 – 100 km, east-west (MacDonald, 2006). To the south it is bordered by the Robinson Lake Batholith of the Lamaune Batholitic Complex and to the north by a roughly east-west trending fault zone. Northeast of the property the belt is intruded by the tonalitic to quartz dioritic Summit Lake Batholith. Nipigon diabase sills and cross-cutting dykes intrude the western portion of the greenstone belt. Regional deformation is west to west-northwest trending and sub-vertical to steeply north dipping foliation and small scale folding. Metamorphism is generally greenshist, increasing to amphibolite near the contact of the batholiths. From 2015 to 2020 Landore has explored for gold on the property conducting multiple drill programs as well as ground geophysics, soil sampling and geological mapping. The Junior Lake property is host to the BAM Gold deposit reporting 31,083,000 tonnes (t) at 1.02 grams/tonne (g/t) for 1,015,000 ounces of gold including 21,930,000t at 1.06g/t for 747,000 ounces gold in the Indicated category (7 January 2020 Mineral Resource Estimate, National Instrument 43-101 ("NI 43-101") compliant). The sampled portions of the grid spanned three separate areas: The Eastern section of the existing Felix Lake soils grid from 700W to 2000W. Infilling to obtain coverage at 100 metre centres along strike (1.3km x 1.7km wide). Extending the existing Junior lake soils grid to the west from 400E to 600W at 100 metre centres (1km X 1.7km wide). Completing a new soils grid to the East of the BAM Gold deposit from 3000E to 5000E at 100 metre centres (2km x 1.2km). A total of 1,013 samples, including 121 reference samples, were analyzed. Samples were collected every 25m using a 4 cm Dutch auger and placed in clean, brown paper bags specifically designed for this type of material. Samples had their depth of collection noted as well as a general description of the sample itself. In areas of poor soil development composite samples, when possible, were taken using multiple holes.