Update on Suspension of Trading on AIM

Summary by AI BETAClose X

Landore Resources Limited announced that trading in its ordinary shares on AIM will remain suspended pending the publication of an updated Mineral Resource Estimate for its BAM Gold Project and the B4-7 and VW deposits, which is now expected in mid-January. The company is continuing work to finalise this estimate, which is crucial for potentially crystallising value from the BAM project, previously estimated with an NPV of US$333.6 million.

Disclaimer*

Landore Resources Limited
02 January 2026
 

02 January 2026

LANDORE RESOURCES LIMITED

Update on Suspension of Trading on AIM

 

London, United Kingdom - 02 January 2026 - Landore Resources Limited (AIM: LND) ("Landore Resources" or the "Company") announces that, further to the Company's announcement of 11 December 2025, work to finalise the Mineral Resource Estimate ("MRE") for its BAM Gold Project and the B4-7 and VW deposits is continuing and the Company expects to be in a position to publish the updated MRE in mid-January.

Trading in the Company's ordinary shares on AIM will remain suspended pending publication of its updated MRE.

Engage with us by asking questions, watching video summaries and seeing what other shareholders have to say on our Interactive Investor hub here: Landore Resources Investor Hub

 

For further information, please contact:

 

Landore Resources Limited

Alexander Shaw (CEO)

 

Engage with the company directly

 

contact@landore.com

 

Landore Resources Investor Hub

Strand Hanson Limited (Nominated Adviser and Joint Broker)

James Dance / Matthew Chandler

 

Tel: 020 7409 3494

Hannam & Partners (Joint Broker)

Andrew Chubb / Matt Hasson

 

Tel: 020 7907 8500

AlbR Capital Limited (Joint Broker)

Colin Rowbury

 

cr@albrcapital.com

Tel: 020 7469 0930

 

Burson Buchanan (Financial PR)

Bobby Morse/ Oonagh Reidy

 

landore@buchanancomms.co.uk

Tel: 020 7466 5000

 

Subscribe to our news alert service: https://investors.landore.com/auth/signup

 

About Landore Resources

Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM Gold Project, Northwestern Ontario, Canada, which has an NI 43-101 compliant resource estimate of 1.5m oz Au (Indicated: 1.03m oz from 30.96Mt @ 1.0g/t; Inferred: 467,000oz from 18.3M/t @ 0.8g/t). Ontario is Canada's largest gold producing province, and produced 3.9m oz, accounting for 41% of Canada's total gold production in 2023. Landore Resource's strategic objective is to crystallise value from BAM's last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.

 

 

- ENDS -

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100