Landore Resources Ltd.
Canadian Properties
JUNIOR LAKE - Gold, Nickel, Copper, Cobalt, PGEs
The Junior Lake Property, 100% owned by Landore Resources, together with the contiguous Lamaune Iron property (90.2% owned) (jointly the “Junior Lake Property”), consisting of 30,507 hectares, is located in the province of Ontario, Canada, approximately 235 kilometres north-northeast of Thunder Bay and is host to: The BAM Gold Deposit; the B4-7 Nickel-copper-cobalt-Platinum-Palladium-gold Deposit; the VW Nickel-Copper-cobalt Deposit; Lamaune Gold Prospect and numerous other precious and base metal occurrences.
A highly prospective Archean greenstone belt traverses the Junior Lake Property from east to west for approximately 31 kilometres. The greenstone belt ranges from 0.5 to 1.5 kilometres wide and contains all of Landore Resources’ stated mineral resources and prospects. However, the greater proportion of this belt remains unexplored.
MIMINISKA LAKE PROPERTY
Landore's Miminiska Lake property, 100 per cent. owned by Landore, covers an area of 5,494 hectares and is located approximately 130 kilometres to the north of the Junior Lake property and 115 kilometres to the east of the Pickle Lake mining camp in the highly productive and prospective Uchi Belt.
Landore completed four drilling campaigns between 2003 and 2005 on the Miminiska gold occurrence with 47 NQ diamond drill holes for 9,349 metres, focusing on two potential shoots within a known 800 metres strike length. Excellent results were received with grades reporting up to 131 g/t gold over 0.5 metres and 40.2 g/t gold over 2.3 metres.
An independent technical review was completed in 2009 on the Miminiska Lake property which established the presence of two exploration targets:
Miminiska Lake - 232,000 tonnes at 5.62 g/t gold
Frond Lake - 271,000 tonnes at 5.10 g/t gold
For a total of 503,000 tonnes at 5.34 g/t for 86,357 ounces of gold.
Both these exploration targets are open along strike and at depth and have good potential for expansion and upgrading to a mineral resource.
KEEZHIK LAKE PROPERTY
Landore holds 55 mining claim blocks, for 12,482 hectares, in the highly prospective Keezhik Lake area, located 20 kilometres north of Landore's Miminiska Lake property and 150 kilometres southeast of Goldcorp's Musselwhite Gold mine.
During 2011, Landore consolidated its land package by staking 13 claim blocks, for 2,710 hectares, to encompass surrounding historic gold occurrences. As well, Landore purchased outright one claim from a third party, subject to a 2 per cent. net smelter return (NSR). Landore's land package now spans over 20 kilometres across prime gold exploration targets.
The Keezhik Lake area is adjacent to the North-Caribou - Totogan Shear Zone that is also host to Goldcorp's Musselwhite Gold mine, located 150 kilometres to the northwest. The Musselwhite Gold mine has produced in excess of 2.5 million ounces with 2 million ounces of gold in mineral reserve. The Keezhik Lake claims are also located in the highly productive and prospective Uchi Belt.
During Q3 2011, a field reconnaissance, mapping and sampling campaign was carried out at Keezhik Lake. Field investigation of geophysical anomalies, prospective geological features, and historical gold showings revealed several areas of interest on the property. Rock and soil sampling confirmed the existing gold occurrences, as well as identified new zones hosting lithologies prospective for gold mineralisation. Highlights of grab rock sampling include 19.82 g/t Au from a felsic outcrop and 2.03 g/t Au from a sheared melagabbro containing a one foot wide quartz vein.
LESSARD - Copper, Zinc, Silver
The Lessard property, located approximately 107 kilometres north of the town of Chibougamau in the province of Quebec, comprises 109 claims for 2,168 hectares. Lessard hosts a copper-zinc-silver deposit with a historic resource reported in a feasibility study in 1975 by Selco Mining Corporation Ltd.
In September 2008, a resource estimate compliant to NI 43-101 was completed on the Lessard deposit. The resource estimate reported 740,000 tonnes at 1.88 per cent. Cu, 3.50 per cent. Zn, 38.62 g/t silver and 0.84 g/t gold using an NSR value of US$206.52. All of the resource is in the Inferred category. The Lessard deposit remains open down dip.
During Q3 to Q4 2011, a field reconnaissance, mapping and sampling campaign was carried out on the Lessard property. This exploration programme outlined prospective targets for copper and zinc, as well as identified the potential for silver and gold mineralisation. Geological mapping investigated surficial exposures of geophysical anomalies, as well as targeting potential base metals hosted in several lithologies.
Highlights of grab rock sampling include 0.69 per cent. Cu and 0.32g/t Au yielded from a fine grained, silicified intermediate volcanic rock. This and other encouraging mineralisation was revealed through the 2011 field investigations, and several areas of interest on the property were identified for follow-up exploration.
WEST GRAHAM - Nickel, Copper
The West Graham property consists of one patented lot of 130 hectares owned 30% by Landore and 70% by Sudbury Platinum Corporation, located in Northern Ontario, 17 kilometres from Sudbury on the southern rim of the Sudbury Intrusive Complex and contains the historic "Conwest deposit”.
First Nickel Inc. entered into an option agreement in November 2005 with Landore to acquire a 70 per cent. interest in the West Graham property which is strategically located immediately to the south of the East Zone of First Nickel's Lockerby Mine.
First Nickel drilled and delineated a resource, NI 43-101 compliant, in excess of 84 million pounds of nickel and 58 million pounds of copper on the Conwest deposit, all in the Indicated Resource category.
In 2010, First Nickel Inc. earned a 70% interest in the property, with a possibility of earning further 15% interest subject to certain conditions. In 2015, First Nickel went into receivership and the 70% interest was taken up by Transition Metals Corporation, and later sold to Sudbury Platinum Corporation.
SEELEY LAKE - Glass-grade Nepheline
LOCATION
250km east of Thunder Bay, near the shore of Lake Superior.
PROPERTY
12 patents with mining rights covering 290ha owned outright by Landore.
TARGETS
A large central core of mafic poor (<10%) nepheline syenite extending over a strike length of 8,000ft, and 500ft to 1400ft in width. Nepheline is used in the production of Laboratory quality glass.
GEOLOGY
Exposures are topographically high and rocks show a peripheral zoning. The nepheline syenite zone is hosted in meta-volcanics belonging to the Coubran Lake meta-volcanic roof pendant. Towards the inner zone, the nepheline syenites become more leucocratic, coarser grained, and biotite predominates over amphibole. Relatively unaltered nepheline is present up to 40%.
EXPLORATION HISTORY
Several companies have investigated the area currently held by Landore for the nepheline potential starting in the 60's. Microscopic examination indicated that the removal of the iron-bearing minerals to an acceptable level may be difficult. However, most of the samples were from near surface, thus causing the alteration of the nepheline.
POTENTIAL
Samples from below the weathering zone may yield better results.
Source: https://www.landore.com/ca-prop.php
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