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O c t o b e r 2 0 1 6 w w w . l a n d o r e . c o m
B A M E a s t G o l d P r o s p e c t
The information contained in this presentation (this "presentation") has been prepared Landore Resources Limited ("the Company") as at the date of thispresentation and is subject to updating, completion, revision, further verification and amendment without notice. This presentation is for generalinformation only and is the property of the Company. Making this presentation available in no circumstances whatsoever implies the existence of acommitment or contract by or with the Company, or any of its affiliated entities, or any of its or their respective subsidiaries, directors, officers,representatives, employees, advisers or agents for any purpose.
This presentation has not been approved by the United Kingdom Listing Authority under the Prospectus Rules (made under Part VI of the FinancialServices and Markets Act 2000 ("FSMA")) or otherwise, or by the London Stock Exchange plc. This presentation does not constitute or form part of anyoffer for sale or solicitation of any offer to buy or subscribe for any securities nor shall it or any part of it form the basis of or be relied on in connection with,or act as any inducement to enter into, any contract or commitment whatsoever. No reliance may be placed for any purpose whatsoever on theinformation or opinions contained in this presentation or on the completeness, accuracy or fairness thereof.
No undertaking, representation, warranty or other assurance, express or implied, is made or given by or on behalf of the Company or its directors, officers,partners, employees, agents or advisers or any other person as to the accuracy or completeness of the information or opinions contained in thispresentation and no responsibility or liability is accepted by any of them for any such information or opinions or for any errors, omissions, misstatements,negligence or otherwise for any other communication written or otherwise. In addition, in issuing this presentation, the Company undertakes no obligationto update or to correct any inaccuracies which may become apparent in this presentation. Notwithstanding the aforesaid, nothing in this paragraph shallexclude liability for any undertaking, representation, warranty or other assurance made fraudulently.
The statements contained in this presentation may include "forward looking statements" that express expectations of future events or results. Allstatements based on future expectations rather than on historical facts are forward looking statements that involve a number of risks and uncertainties andthe Company cannot give assurance that such statements will prove to be correct. Any forward looking statements made by or on behalf of the Companyspeak only as of the date they are made. The Company gives no undertaking to update forward looking statements to reflect any changes in expectations,events, conditions or circumstances upon which such statements are made.
The presentation should not be considered a recommendation by the Company or any of its affiliated entities, or any of its or their respective subsidiaries,directors, officers, representatives, employees, advisers or agents in connection with any purchase of or subscription for securities of the Company.
This presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state,country or other jurisdiction where such distribution or use would be contrary to law or regulation or which would require any registration or licensing withinsuch jurisdiction. In particular, this presentation should not be copied or distributed by recipients and should not be distributed by any means includingelectronic transmission, to persons with addresses in the United States of America, Canada, Australia, South Africa or Japan their possessions orterritories or to any citizens thereof, or to any corporation, partnership or such entity created or organised under the laws thereof. Any such distributioncontrary to the above could result in a violation of the laws of such countries.
This presentation is confidential and are being supplied to you solely for your information and may not be reproduced, re-distributed or passed to any otherperson or published in whole or in part for any purpose. By accepting receipt of this document, you agree to be bound by the limitations and restrictionsset out above.
October 2016
Landore Resources Ltd.
2
Important Notice
Board of Directors and Management
Charles Wilkinson, Non-Executive ChairmanCharles Wilkinson is a solicitor who retired from Lawrence Graham LLP in March 2005. At Lawrence Graham he specialised in corporate finance and commercial law and advised mining companies. He is Chairman of Doric Nimrod Air One Limited and Doric Nimrod Air Three Limited, Non-Executive Director of Doric Nimrod Air Two Limited and Premier Energy and Water Trust Plc.
William Humphries, Chief Executive Officer and DirectorBill Humphries has over 45 years’ experience in the mining and civil engineering industries. From 1996 to 1998 he was General Manager of Sardinia Gold Mining SpA. From January 1999 to July 2002 he was Managing Director of Brancote Holdings Plc until its merger with Meridian Gold Inc. and was Managing Director of Patagonia Gold Plc since its inception in November 2000 until February 2015.
Richard Prickett, Finance DirectorRichard Prickett is a Chartered Accountant and has many years’ experience in corporate finance. He was Chairman of BrancoteHoldings Plc from 1995 until its merger with Meridian Gold Inc. in July 2002. He is a Non-Executive Director of City Natural Resources High Yield Trust Plc and Non-Executive Chairman of Asian Growth Properties Limited.
Helen Green, Non-Executive DirectorHelen Green is a Chartered Accountant and has been employed by Saffery Champness, a UK top 20 firm of Chartered Accountants, since 1984. She qualified as a Chartered Accountant in 1988, and became a partner in the London office in 1997. Since 2000 she has been based in the Guernsey office where she is the client liaison director responsible for trust and company administration.She is a Non-Executive Director of Acorn Income Fund Limited (of which she is Chairman), Henderson Diversified Income Limited, John Laing Infrastructure Fund Limited and City Natural Resources High Yield Trust Plc.
Michele Tuomi, V. P. Exploration and Director, Landore Resources Canada Inc.Michele Tuomi is a Professional Geologist with over 15 years mineral exploration experience in both private and public sectors and is a Qualified Person under Canadian National Instrument 43-101. She joined Landore’s exploration team in 2005 working mainly onthe development of Landore’s Flagship Junior lake property. In 2014 Ms. Tuomi was appointed to her current position of V.P. Exploration.
Landore Resources Ltd.
3
Board and Management
Landore Properties - CanadaPolitically Secure and Mining Friendly
Junior Lake
Seeley Lake
West Graham
Miminiska Lake Lessard
QUEBEC
ONTARIO
NEWFOUNDLAND AND LABRADOR
USA
USA
Lake Superior
Thunder Bay
Sudbury
Toronto
Chibougamau
Montreal
Lake Huron
Hudson Bay
CANADA
USA
4
Landore Gold PropertiesOntario: One of the Top Ten Mining Jurisdictions in the World
Junior Lake
Miminiska Lake
ONTARIO
Lake Superior
Thunder Bay
Sudbury
Toronto
5
Timmins
Red Lake
2
Kirkland Lake
Gold Mine Company 2015 Production (ounces of gold)
1 Red Lake Gold Mine
Goldcorp Inc. 375,700
2 MusselwhiteMine
Goldcorp Inc. 270,300
3 Hemlo Mine Barrick Gold Corp. 219,000
4 Detour Lake Gold Mine
Detour Gold Corp. 505,558
5 Hoyle PondMine
Goldcorp Inc. 140,553 (estimated)
6 Dome Mine Goldcorp Inc. –Porcupine Gold Mines
109,640 (estimated)
7 MacassaMine
Kirkland Lake Gold Inc. 102,957
8 Young-Davidson Mine
Alamos Gold Inc. 160,358
1
456
738
Corporate Strategy
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Focus on the highly prospective Junior Lake Property
Expansion of the existing B4-7 and VW compliant resources to +100,000 tonnes of Nickel Equivalent with objective to either develop in JV partnership or sell outright
Advance the newly-discovered BAM East Gold Prospect towards production through resource delineation and pre-feasibility studies
Sale or JV of non-core assets
Junior Lake Property
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Junior Lake
ONTARIOB4-7 Ni/Cu Deposit
VW Ni Deposit
Junior Lake Property
Mining Leases21-year renewable
mining, surface rights
22,700 Hectares
BAM East Gold ProspectBAM Gold Occurrence
Swole LithiumDespard Lithium
Tape Lake Lithium
BAM East Gold Prospect
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BAM East Gold Prospect
9
Longitudinal Section – Gold Grade x Thickness
BAM East Gold Prospect
10
Longitudinal Section – Horizontal Thickness
BAM East Gold Prospect
11
BAM East Gold Prospect
12
BAM East Gold Prospect
13
BAM East Gold Prospect
14
Petrography - Processing
• Native Gold
• Both fine and coarse gold
• Not associated with sulphides
• Minimal silver content
• Simple processing path
• Maximum recovery
• Low CAPEX and OPEX
BAM East Gold Prospect
15
Potential Open Pit - Underground Operation
• Close to surface +30 metreswide gold mineralisation
• Consistent gold grades for 500 metres strike length, improving with depth
• Open to the east and west along strike and at depth
• Potential for the initial development to be progressed as a low cost, bulk tonnage, open pit operation
16
Junior Lake ProjectPrepared for Development
Mining Leases
• 3 mining leases covering 3,676 hectares • 21 years renewable for further terms of
21 years
Landore has the right, subject to provisions of certain Acts and reservations, to:
• Sink shafts, excavations etc., for mining purposes
• Construct dams, reservoirs, railways, etc., as needed
• Erect buildings, machinery, furnaces, etc., as required and to treat ores
Baseline Studies
• Baseline surface water quality monitoring of area lakes and streams on-going since 2007
• Environmental Baseline study of Vegetation, Wildlife, Fish and Fish Habitat
• Bathymetry Study of Ketchikan Lake (adjacent to VW Deposit)
Performed since 2007 by Golder Associates Ltd.
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Landore signs updated Memorandum of Understanding (MOU) with Whitesand First Nation, 2012
And with
Animbiigoo Zaagi iganAnishinaabek (AZA) First Nation, 2013
Junior Lake ProjectSocially Responsible
18
Junior Lake Project
Proposed Hydro Station Little Jackfish River Junior
Lake
Good road access
Abundant water
Proposed hydropower generating station (approx.20kms)
Canadian National Rail (approx. 13kms)
Thunder Bay port facilities
Infrastructure
Junior Lake Project
19
Exploration Camp and Core Storage Yard
BAM East Gold Prospect2016 - 2017 Proposed Work Plan
20
• 4,000 metre drilling program to expand the newly defined Central zone and to test highly prospective targets along the 2.7 km MM-7 geophysical trend
Q 4 2 0 1 6
• Continue drilling to further delineate resource
• Mineral Resource estimate scheduled for completion Q1 2017
• Metallurgical Studies
• Appoint project management
Q 1 / 2 2 0 1 7
Junior Lake Nickel Project
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Massive sulphide drill core, B4-7 Deposit
Works Completed Since Last Resource Update Late 2012Drilling• 23,300 metres diamond drilling (16,910
metres of which on B4-7, VW Deposits)Geophysics• Ground and borehole geophysics Studies• Geotechnical works, B4-7 open pit
optimization• Mineral potential investigation• Junior Lake geophysics review
Planned Works (Pending Favourable Market Conditions)• Update resource to include the above works• Pre-Feasibility Studies
NI 43-101 Compliant ResourceB4-7 33,248 tonnes at 1.24% NiEqVW 21,760 tonnes at 0.49% NiEq+B4-7 Exploration Target
~20,000 tonnes at ~1.24% NiEq
Junior Lake Lithium
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Occurrences
DespardLithium Occurrence
Swole Lake Lithium Occurrence Spodumene
bearing pegmatite: Discovered by Landore
Drill hole 0411-304 returning intersections of 1.12% Li2O over 3.1m and 1.14% Li2O over 8.8m.
The Tape Lake Lithium Occurrence Rock chip samples from one
pegmatite dyke returning 1.036%, 1.219% and 2.374% Li2O.
MIMINISKA LAKE PROPERTY – GOLD
LESSARD PROPERTY – COPPER , ZINC, SILVER
• Exploration Target-503,000 tonnes at 5.34g/t for 86,357oz Au
Other Properties and Assets
• Inferred Resource (NI43-101 compliant)-740,000 tonnes at 1.88% Cu + 3.50% Zn + 38.62g/t Ag and 0.84g/t Au for a NSR value of US$206.52/t
• Indicated Resource (NI43-101 compliant) 84mlbs of Ni and 58 mlbs of Cu.
WEST GRAHAM PROPERTY – NICKEL, COPPER(Landore 30%)
23
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Issued number of shares : 700,488,001
Outstanding options: 57,850,000
Outstanding warrants: 1,830,000
Market capitalisation: £23.45 millionas at 31 October 2016
Landore Resources Ltd.Share Information
O c t o b e r 2 0 1 6 w w w . l a n d o r e . c o m
B A M E a s t G o l d P r o s p e c t