Landore Resources Limited

LND · AIM · Basic Resources · mcap £6.0m · 1.6p 1 open situation →

EV: £5.0m
EV / EBIT: –
Net cash: £992k
FCF yield: -21.3%
Revenue: –
Share price 1y: −61%
Insiders 12m: no deals
Next report: around 2 Jun

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202420252026 Lamaune maiden resource Sale of Storm Exploration stake Placing of 24% of the market value BAM updated Mineral Resource Estimate Miminiska Project sale 1 director buying 1 director buying

Open · 1

Project milestones

Lamaune maiden resource

2026 field campaign under way

Landore started its 2026 Spring/Summer field campaign at Lamaune in May, with infill sampling and structural work. The aim is a maiden NI 43-101 resource estimate, and the work is described as targeted and cost-effective. No date is given for the estimate.

Work: Infill sampling and structural refinement; campaign began May 2026
Objective: Maiden NI 43-101 compliant Mineral Resource Estimate
Funding support: C$215,000 OJEP award, March 2026

Next: Complete and assess Lamaune work towards maiden NI 43-101 resource

17 Sep 2026 2026 field campaign under way

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Closed · 6

Disposal of a part (break-up)Sale of Storm Exploration stake Completed; proceeds received in full · 17 Sep 2026 – 17 Sep 2026 Dilutive fundraisePlacing of 24% of the market value completed · 3 Jun 2026 – 22 Aug 2026 +23% Project milestonesBAM updated Mineral Resource Estimate MRE completed · 27 Oct 2025 – 16 Feb 2026 Disposal of a part (break-up)Miminiska Project sale Completed; final C$1.3125m cash received · 3 Dec 2025 – 16 Feb 2026 Insider conviction1 director buying £10k in 1 buy · 4 Apr 2025 – 3 Jul 2025 +15% Insider conviction1 director buying £42k in 1 buy · 9 Oct 2023 – 7 Jan 2024 −74%

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