Landore is developing our flagship BAM Gold Project located in the rich gold mining district of Ontario – home to Canada’s largest gold mine Agnico Eagle’s Detour Mine, Barrick and Newmont mines.
BAM boasts a 1.5Moz Au gold resource and work is currently underway to expand this MRE and advance to a Definitive Feasibility Study (DFS) by targeted exploratory work onsite at our Junior Lake Property where BAM is located.
BAM’s 2022 preliminary economic assessment (PEA) pointed to highly attractive economics: an (return) IRR of 87%, total revenues of US$1.4 billion and a life-of mine of 11 years.
We envisage BAM as an open pit gold mine with a ‘wheel and spoke’ structure consisting of a series of pits.
Our purpose is to deliver long term value to shareholders by undertaking low-cost exploration works to advance BAM’s mineral resource, increase the grades and deliver a bankable DFS.
We also want to be responsible corporate citizens in Canada and deliver for our employees, suppliers and local communities and cultures including First Nations and respect the nation in which we operate.