BAM Gold Project
Located in Northwestern Ontario on a highly prospective Archean greenstone belt with over 45+ kms of 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 656koz Au.
The Landore team 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 has shown that BAM has the potential for significantly higher grade and greater continuity at depth than previously envisaged.
The recent MRE has highlighted a regional-scale orogenic gold system with considerable additional gold potential along strike and down dip of the current resource at BAM, as well as in adjacent licences held by Landore.
The Company is now ideally positioned to build on the solid platform that has been established to aggressively grow in an increasingly robust gold price environment.
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.