RNS
19 December 2024
LANDORE RESOURCES
LIMITED
Appointment of Joint
Broker
London, United
Kingdom - 19 December 2024 - Landore Resources Limited
(AIM: LND)
("Landore Resources" or the "Company") is pleased to announce the
appointment of H&P Advisory Limited ("Hannam & Partners")
as joint broker with immediate effect.
Landore Resources'
CEO, Alexander Shaw, commented:
"The appointment of
Hannam & Partners as our joint broker reflects the next phase
of Landore Resources' corporate evolution as we roll out our
targeted new strategy to develop the accretive BAM Gold Project in
Ontario as a flagship asset under our new leadership.
"We look forward to
working with our London-based advisors as we approach 2025, which
will see the expected commencement of a targeted 3,500m drilling
campaign at BAM in Q1 and advancement of exploration studies with
the aim of releasing a Mineral Resource update and updating the
Pre-Feasibility study next year."
-ENDS-
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/Robert Collins
|
Tel: 020 7409 3494
|
|
Hannam &
Partners (Joint Broker)
Andrew Chubb / Matt Hasson
|
Tel: 020 7907 8500
|
|
Burson Buchanan
(Financial PR)
Bobby Morse
|
landore@buchanancomms.co.uk
Tel: 020 7466 5000
|
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About Landore Resources
Landore Resources (AIM: LND) is the
100% owner of the highly prospective BAM Gold Project, Northwestern
Ontario, Canada, which has an NI 43-101 compliant resource estimate
of 1.5m oz Au (Indicated: 1.03m oz from 30.96Mt @ 1.0g/t; Inferred:
467,000oz from 18.3M/t @ 0.8g/t). Ontario is Canada's largest gold
producing province, and produced 3.9m oz, accounting for 41% of
Canada's total gold production in 2023. Landore Resource's
strategic objective is to crystallise value from BAM's last
estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA),
as well as generating additional value from its non-core portfolio
of precious and battery metals projects in eastern Canada and the
USA.
