REG - Landore Resources Ld - Appointment of Joint Broker

Landore ResourcesAnnouncement

19/12/2024 07:00

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RNS Number : 6383Q  Landore Resources Limited  19 December 2024

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 (https://investors.landore.com/link/XyM8bP)

 

 

 

For further information, please contact:

 

 Landore Resources Limited

 Alexander Shaw (CEO)                                        contact@landore.com

 Engage with the company directly                            Landore Resources Investor Hub (https://investors.landore.com/link/XyM8bP)
 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

 

Subscribe to our news alert service: https://investors.landore.com/auth/signup

 

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.

 

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