Progress Report

Landore Resources Limited
03 October 2007


                            LANDORE RESOURCES LIMITED
                              (AIM Ticker: LND.L)

                                PROGRESS REPORT
                           JUNIOR LAKE-NICKEL PROJECT


HIGHLIGHTS

   •The programme of extension and infill drilling on the VW nickel deposit
    has been completed and the drills have moved to the B4-7 nickel-copper-PGE
    deposit to begin a similar but smaller (+3000m) program of confirmation and
    infill drilling.

   •Drilling regularly intersected multiple zones of resource grade nickel
    mineralization, with assay results frequently returning grades in excess of
    1% nickel.

   •Mineralization on the VW Nickel Deposit remains open along strike in both
    directions to the east and west as well as at depth.

Mineralized intersections not previously reported include:

+-----------+---------+----------+----------+
|Drill-hole |     From|     Width|    Nickel|
+-----------+---------+----------+----------+
|No         |   Metres|    Metres|         %|
+-----------+---------+----------+----------+
|0407-115   |    114.0|      15.0|      0.62|
+-----------+---------+----------+----------+
|           |    132.0|       7.5|      0.43|
+-----------+---------+----------+----------+
|           |    186.0|       7.1|      0.53|
+-----------+---------+----------+----------+
|           |         |          |          |
+-----------+---------+----------+----------+
|0407-121   |    232.0|       5.0|      0.59|
+-----------+---------+----------+----------+
|includes   |    234.0|       1.0|      1.08|
+-----------+---------+----------+----------+
|           |    313.0|       3.2|      1.12|
+-----------+---------+----------+----------+
|includes   |    314.0|       1.0|      1.82|
+-----------+---------+----------+----------+
|           |    321.0|       8.0|      0.46|
+-----------+---------+----------+----------+
|           |         |          |          |
+-----------+---------+----------+----------+
|0407-128   |    180.0|      18.0|      0.52|
+-----------+---------+----------+----------+
|includes   |    193.0|       2.0|      1.17|
+-----------+---------+----------+----------+
|           |         |          |          |
+-----------+---------+----------+----------+
|0407-129   |    300.0|       7.0|      0.75|
+-----------+---------+----------+----------+
|includes   |    305.0|       1.0|      1.93|
+-----------+---------+----------+----------+
|           |         |          |          |
+-----------+---------+----------+----------+
|0407-133   |     18.0|       8.9|      0.46|
+-----------+---------+----------+----------+
|           |    183.0|      18.0|      0.70|
+-----------+---------+----------+----------+
|includes   |    191.0|       7.0|      1.25|
+-----------+---------+----------+----------+
|includes   |    194.0|       1.0|      2.34|
+-----------+---------+----------+----------+
|           |         |          |          |
+-----------+---------+----------+----------+
|0407-138   |     99.0|       1.0|      1.61|
+-----------+---------+----------+----------+

The Junior Lake property is located in the province of Ontario, Canada,
approximately 235 kilometres north-northeast of Thunder Bay and is situated
within the Caribou-O-Sullivan Greenstone Belt in the Wabigoon Subprovince. The
VW Nickel Deposit located at Ketchikan Lake toward the south eastern end of the
Junior Lake property and the B4-7 Deposit is located approximately 3 kilometres
to the north west of the VW Deposit.

VW NICKEL DEPOSIT

In total 63 NQ size holes (0407-99 to 0407-161) have been completed for a total
of 17,130 metres on the VW Nickel Deposit during this campaign. Drilling has now
tested the VW deposit at 25 to 50 metre spacing over a strike length of 500
metres and to a vertical depth of 300 metres.

Core logging and sampling of the core continues and assays are pending for a
further 23 holes. Final assay results are expected by late October at which
stage they will be collated and forwarded to Scott Wilson Roscoe Postle
Associates Inc. (Scott Wilson RPA), Toronto, to independently prepare a National
Instrument 43-101 (NI43-101) resource estimate upgrade and report on the VW
Nickel Project.

Positive results received to date from the current drill programme have expanded
and better defined the known deposit and thorough core-logging has improved
understanding of controls on mineralization

Nickel-copper-cobalt bearing sulphide mineralization (2-15%
pyrrhotite-pentlandite +/- pyrite and chalcopyrite) in the VW deposit is hosted
within a sequence of hydrothermally altered and metamorphosed mafic
volcaniclastics, volcanics and pelitic sediments with ultramafic rocks, and
banded iron formation within a well-foliated east-west trending shear zone at
least 125 metres wide. Younger, sub-parallel, less deformed gabbro sills and
dykes that penetrated this sequence appear to have channeled remobilized
sulphides into the rocks along foliation between the intrusives, creating the
multiple lenses previously recognized. Nickel grades are notably higher adjacent
to the sills.

The relationship of the mineralization to the gabbro suggests a possible genetic
link with the Ni-Cu-PGE mineralization hosted by gabbro in the B4-7 deposit.
Historical sampling of the B4-7 deposit focused on the massive sulphide lenses
and generally did not test the disseminated style of mineralization similar to
that of the VW deposit, thus providing additional exploration potential within
the known B4-7 deposit.

This relationship to the gabbro also significantly enhances the exploration
potential along the trend between the two deposits, to the west of the B4-7
deposit and along strike in similar stratigraphy to the east of the VW deposit.

B4-7 NICKEL-COPPER DEPOSIT

A 3000 metre drill programme has commenced on the B4-7 Deposit designed to
infill the remaining gaps in the deposit, to test the continuity of the hanging
wall mineralization and for additional metallurgical testing.

In March 2006 Landore engaged Scott Wilson RPA to independently prepare a
tonnage grade estimate of the exploration potential for the B4-7 Deposit. Their
estimate was

1.5 to 2.0 million tonnes @ 1.3 to 1.6% nickel equivalent.

Scott Wilson RPA reported that the potential quantity and grade of the B4-7 Zone
was conceptual in nature and there had been insufficient exploration, primarily
metallurgical work, to permit defining a mineral resource. They recommended at
the time that additional drilling be carried out to in-fill gaps in the zone and
to provide material for modern metallurgical work to improve nickel recovery.

A 7 hole diamond drill programme was completed in October 2006 on the B4-7
deposit which successfully in-filled several of the gaps and extended the
deposit to the west. Two of those holes were drilled for metallurgical testing.

Several of the above holes intersected wide zones of disseminated sulphide
mineralization in the hanging wall of the main B4-7 massive sulphide zone,
including drill-hole 0406-93 which intersected 12.4 metres @ 0.86% nickel, 0.47%
copper, 636ppm cobalt, 253ppb platinum and 967ppb palladium.

Two other drilling campaigns on the B4-7 Deposit, completed in 2002 and 2003,
also discovered previously unreported hanging wall mineralization.

On completion of the current programme, (approximately the end of October) the
drilling results will be collated and forwarded to Independent Engineers for a
National Instrument 43-101 Resource estimate.

All drill core was photographed prior to being cut for assaying. Samples were
analyzed at Accurassay Laboratories (ISO/IEC 17025), Thunder Bay, Ontario, by
geochemical analysis with atomic absorption finish (Ni). All samples reporting
results of 1% nickel or higher were re-analysed by the assay method with atomic
absorption finish. Check assays, standards and laboratory duplicates were
performed on a systematic basis at Accurassay Laboratories. ALS Chemex
Laboratory in Vancouver, BC also completed systematic checks. Core is stored at
site and in Landore's facilities in Thunder Bay, Ontario. Rejects are stored at
Accurassay Laboratories and in Landore's facilities in Thunder Bay.

Further releases will be made as results become available.

James Garber, (BSc. Hons. Geology, member of APGO) a Director of Landore
Resources Ltd and a qualified person as defined in the Canadian National
Instrument 43-101, has reviewed and verified all scientific or technical mining
disclosure contained in this announcement, which is stated in accordance with
the Canadian Institute of Mining Metallurgy and Petroleum.

For more information please contact:

Bill Humphries, Chairman              Tel: [phone]
Richard Prickett, Chief Executive     Tel: [phone]
Landore Resources Limited             www.landore.com

Simon Raggett                         Tel: [phone]
Strand Partners Limited

David Bick                            Tel: [phone]






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