Landore Executive team on StockBox
Landore Resources: Refined Pit Optimised MRE demonstrates +$1.8b worth of Gold Metal in the Ground
In this interview, Alexander Shaw CEO and Glenn Featherby Finance Director of Landore Resources (LSE: LND) discuss their updated Mineral Resource Estimate (MRE) and forward strategy at the Junior Lake project.
➡️ MRE Refined with High Confidence: Resource lowered by 23%, but 95% now classified as indicated, highlighting improved model accuracy and geological understanding.
➡️ Stronger Economics with $3,000 Gold: Conservative gold price assumption supports lower cutoff grade, unlocking more recoverable ounces and boosting project economics.
➡️ Clear Upside to 1Moz+ & Beyond: Eastern extension, historic zones, and regional targets support Landore’s vision for a 1Moz+ district-scale resource in a top-tier jurisdiction.
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