13th Nov 2019 12:43
(Alliance News) - Landore Resources Ltd said on Wednesday its subsidiary Lamaune Iron Inc has been granted two new mining leases adjacent to its Junior Lake Property in Ontario, Canada.
The North America-focused precious and base metals explorer said the mining leases are for a 21 year term, renewable for further terms of 21 years.
The combined Landore and Lamaune mining leases cover a total of approximately 7,862 hectares and extend for 22 kilometers, encompassing all of its established mineral deposits and prospects, the company said.
Landore Resources shares were up 2.2% in London at 0.64 pence each on Wednesday.
By Loreta Juodagalvyte; [email protected]
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