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Landore Resources Expands BAM Gold Project with Strategic Acquisition

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Landore Resources Limited (LSE:LND) has successfully completed the acquisition of additional mineral claims adjacent to its BAM Gold Project in Ontario, Canada. This acquisition was strategically structured to optimize tax efficiency, with the company purchasing the BAM Extensions directly from the vendor, rather than acquiring the holding company. This approach ensures the expansion of their flagship project while maintaining the existing terms of the deal.

About Landore Resources

Landore Resources Limited is a mining company specializing in mineral exploration and development. The company’s primary project is the BAM Gold Project, located at the Junior Lake Property in Ontario, Canada.

  • Year-to-Date Price Performance: 1.23%

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  • Technical Sentiment: Hold Signal

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