Landore Resources Limited
16 October 2006
16 October 2006
Landore Resources Inc. ('Landore' or the 'Company')
LESSARD, COPPER-ZINC-SILVER PROJECT
DRILLING REPORT
Drilling on the historic VMS deposit at Landore's Lessard property, located
approximately 107 kilometres north of the town of Chibougamau, in the province
of Quebec, has confirmed the presence of high grade zinc mineralisation,
including an interval in drill hole 0906-07 grading 48% zinc over 0.5 metres.
Mineralised intersections include
Drill-hole From Width Zinc Copper Silver Gold
No Metres Metres % % gpt gpt
0906-02 85.2 0.9 7.13 1.15 107.0 0.46
0906-03 143.8 9.2 5.33 0.89 23.3 0.30
includes 149.1 2.3 16.94
0906-04 286.8 1.6 1.42 2.06 68.3 0.80
0906-05 381.5 2.9 5.61 2.42 122.0 0.60
0906-06 220.7 6.1 5.96 1.89 39.1 0.70
0906.07 337.5 3.4 12.36 0.22 15.6 0.10
includes 381.5 0.5 48.00
The Lessard property, comprising 91 claims for 1,456 hectares, hosts a
copper-zinc-silver deposit with a historic resource reported in a feasibility
study in 1975 by Selco Mining Corporation Ltd of 1,463,835 tons at 1.73%Cu,
2.96%Zn, 1.1oz/t Ag and 0.019oz/t Au after allowance for dilution. (The resource
is not compliant with National Instrument 43-101).
A Geotech VTEM penetrating time-domain airborne electromagnetic and magnetic
survey was carried out, in late April 2006, over the entire property. The survey
highlighted possible strike extensions of the existing resource and also
developed new targets for follow-up exploration.
A drilling campaign consisting of 7 holes of NQ size core for 1,731 metres has
recently been completed along the extent of the historic resource. The results
generally confirmed the previous drilling carried out by Selco Mining.
In addition, hole 0906-07 which was designed to target a large gap in the
previous drilling, intersected sulphide breccia over 3.4 metres including semi
massive sphalerite over the lower 0.5 metres (assayed 48% zinc). The historical
and current drilling results indicate that the resource is open along strike to
the south and north at depth.
A second drilling campaign is planned for early 2007 to target possible strike
extensions of the existing resource, for exploration of other targets generated
by the airborne survey and to provide core for metallurgical studies.
The positive results from the recent confirmation and infill drilling, is
sufficiently encouraging for Landore to advance the Lessard deposit towards
possible development. Accordingly an independent consultant will now be engaged
to prepare a NI 43-101 compliant technical report.
James Garber, (BSc. Hons. Geology, member of APGO) a Director of Landore
Resources Ltd and a qualified person as defined in National Instrument 43-101,
has reviewed and verified all scientific or technical mining disclosure
contained in this press release.
- ENDS -
For more information please contact:
Bill Humphries, Chairman Tel: 07734 681262
Richard Prickett, Chief Executive Tel: 07775 651421
Landore Resources Limited
Simon Raggett
Strand Partners Limited Tel: 020 7409 3494
David Bick Tel: 07831 381201
This information is provided by RNS
The company news service from the London Stock Exchange
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