Landore upbeat over B4-7 resource report
Canada-focused miner Landore Resources said the mineral resource estimate report on its B4-7 project on its Junior Lake property has identified a potential profitable treatment route for the nickel.deposits.
An independent report on the B4-7 massive sulphide domain indicated nickel recoveries of between 25% and 35%.
Landore's officers are of the view that the disseminated material at B4-7, which has a much higher nickel to sulphur ratio than the 'massive sulphide' material, may return higher nickel metallurgical recoveries in line with those determined for Landore's VW deposit in the same belt.
(Article continues below)Advertisement
Landore said it would need to verify this view by test work on B4-7 samples and has an independent consultant working on a technical report on the resource estimate for the B4-7 deposit.
Once the technical report is completed Landore will restart drilling on the B4-7 deposit. Ian Glacken FAusIMM(CP), CEng., Group General Manager Resources, Snowden, prepared the resource estimate for Landore Resources Canada Inc. and is qualified to act as a Competent Person with respect to the JORC Code (2004).
"'Significantly, following our resource report today on the B4-7 deposit at Junior Lake, we now have combined compliant resources on the B4-7 and VW deposits in excess of 51,000 tonnes of nickel equivalent," said Bill Humphries, chairman of Landore at the company's AGM.
