The new Mineral Resource Estimate (MRE) modelling has significantly increased the BAM Gold resource to: 28,826,000t at 1.03 g/t for 951,000 ounces of gold including 20,198,000t at 1.08g/t for 701,000 ounces gold in the Indicated Category.
We believe that Landore is currently undervalued and with 951,000-ounce Resource and a PEA due soon the potential for a rerating is clear. As such we value Landore as a BUY and one to watch as the PEA is completed.
In addition, the estimation work has a ....
08 Jan 2019
Cenkos: Landore Resources Ltd - BAM Mineral Resource Estimate Update
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Cenkos: Landore Resources Ltd - BAM Mineral Resource Estimate Update
Landore Resources Limited (LND:LON) | 2.6 0 (-1.9%) | Mkt Cap: 3.90m
- Published:
08 Jan 2019 -
Author:
Will Dymott -
Pages:
10
The new Mineral Resource Estimate (MRE) modelling has significantly increased the BAM Gold resource to: 28,826,000t at 1.03 g/t for 951,000 ounces of gold including 20,198,000t at 1.08g/t for 701,000 ounces gold in the Indicated Category.
We believe that Landore is currently undervalued and with 951,000-ounce Resource and a PEA due soon the potential for a rerating is clear. As such we value Landore as a BUY and one to watch as the PEA is completed.
In addition, the estimation work has a ....