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Landore Resources ( (GB:LND) ) has provided an announcement.
Landore Resources reported a productive first half of 2025, with significant progress in its BAM Gold Project in Ontario, Canada. The company commenced a 3,500-meter diamond drilling program, which confirmed the potential for resource expansion and highlighted high-grade gold intercepts. Additionally, Landore acquired new mineral rights adjacent to its BAM project, enhancing its exploration potential. The company also increased its stake in Storm Exploration through a share transaction, reflecting the value of its asset portfolio. Despite a comprehensive loss for the period, the rising gold prices and strategic developments position Landore favorably for future growth.
More about Landore Resources
Landore Resources is a mineral exploration and development company primarily focused on projects in Canada. The company is the 100% owner of the BAM Gold Project in Northwestern Ontario, which has a significant gold resource estimate. Landore Resources aims to capitalize on the value of the BAM project and its other precious and battery metals projects in Canada and the USA.
Average Trading Volume: 1,364,919
Technical Sentiment Signal: Hold
Current Market Cap: £14.57M
Find detailed analytics on LND stock on TipRanks’ Stock Analysis page.