BAM Gold Project
Located in Northwestern Ontario on a highly prospective Archean greenstone belt with over 30km potential strike length, the BAM Gold Project won 2016 Discovery of the Year Award from the Northwestern Ontario Prospectors Association.
Investment case
Landore is developing our flagship BAM Gold Project located in the prolific gold mining district of Ontario – Canada’s largest gold producing province with c46% of all gold produced.
Ontario is home to 13 producing gold assets, which include Tier 1 gold mines such as Detour Lake (Agnico Eagle), Hemlo (Barrick) and Musselwhite (Newmont/Orla). The BAM Gold Deposit, located at Junior Lake 235kms northeast of Thunder Bay, currently has a NI 43-101 compliant resource estimate of 1.5Moz Au. The Landore team has commenced a comprehensive programme of re-evaluation of all of the geological data gathered to date, re-interpretation of existing assays, infill, soil and channel sampling programmes in order to further optimise the economics of the BAM deposit.
Work so far has shown that BAM has the potential for significantly higher and greater continuity of grade at depth than previously envisaged. With a structural geologist now employed to conduct further analysis and increase the understanding of the controls on BAM’s mineralisation, and following the completion of the next phase of drilling, Landore will be ideally positioned to optimize the BAM Gold Deposit’s significant upside.
Our values
We believe in delivering long term value to shareholders through developing our BAM Gold Project via a low cost, high return development strategy.