The only way is Canada for Landore Resources
“…BAM is the key project. It’s essential to us to move that project forward. It’s the one with the best resource, the largest resource, the most potential for expansion as well. BAM is the priority…”
In the three months since Claude Lemasson took the helm at Landore Resources, everything he and the board said they would do they have more or less done.
Even the clunky website has been refreshed and a start has been made to create a more contemporary online shop window.
It’s fair to say that Landore is sprucing itself up for the next stage of its evolution – that of a Canadian company with Canadian assets led by Canadian staff and a listing in Canada which brings with it a cohort of Canadian investors.
Not that long term UK investors are going to be excluded from this transition. Far from it as they remain part of the journey which is helping to raise the funds that are a prerequisite for a TSX listing and progressing the flagship BAM gold deposit asset.
“BAM is the key project,’ says Lemasson. “It’s essential to us to move that project forward. It’s the one with the best resource, the largest resource, the most potential for expansion as well. So you know, we have roughly about one and a half million ounces there. We want to grow that moving forward with a drill campaign. So BAM is the priority.”
Management is now preparing the way for a TSX listing as well as a drilling campaign that’s due to start November with potential for a mineral resource update in March or April.
As Claude tells Sarah Lowther in this video there will be good news coming up. “But I would say probably better to think of in the next six months as opposed to in the next two, three months.”
Read the October corporate presentation
Follow the company on Twitter @landore_plc