Landore Resources Limited - Junior Lake-Nickel Project Progress Report



    (AIM Ticker: LND.L)

    THUNDER BAY, ON, Sept. 30 /CNW/ -

    
    HIGHLIGHTS

    -  Drilling on the VW Zone Nickel Project returns the highest
       intersection recorded to date with drill-hole 0408-185 returning 11
       metres at 1.53% nickel including 2 metres at 3.19% nickel. The zone
       remains open along strike in both directions and at depth.

    - Drilling on the Carrot Top Zone, located 11 kilometres to the west and
      along strike from the VW Zone, confirms the presence of highly
      anomalous nickel, copper and Platinum Group metals including an
      intersection of 0.39 metres at 1.44% nickel, 0.56% copper, 1.68
      grams/tonne palladium and 0.14% cobalt.

    - Landore has increased its interest to 80% in the Lamaune Lake property,
      located to the west and adjacent to the Junior Lake property.
    

    Junior Lake:

    The Junior Lake property is located in the province of Ontario, Canada,
approximately 235 kilometres north-northeast of Thunder Bay and is situated
within the Caribou-O-Sullivan Greenstone Belt in the Wabigoon Subprovince. The
VW Nickel Deposit is located at Ketchikan Lake toward the south eastern end of
the Junior Lake property.

    VW Nickel Deposit. Drilling resumed on the VW Zone in mid July. A
campaign of 20 holes for approximately 5,200 metres is in progress with the
aim of extending the existing indicated resource along strike to the east and
down plunge in the west.
    To date, 18 drill-holes, Diamond NQ core, (0408-179A to 0408-195A and
extensions to 0407-114 and 0407-136), for 4,960 metres, have been completed.
Results are pending for 12 of those holes.

    
    Mineralized intersections include:
    -------------------------------------------------------------------------
    Drill-hole       From       Width       Nickel       Copper      Cobalt
    -------------------------------------------------------------------------
        No           Metres     Metres        %            %            %
    -------------------------------------------------------------------------
    0408-180         299.00     1.00         1.01         0.03        0.04
    -------------------------------------------------------------------------
       and           313.26     2.74         2.19         0.40        0.08
    -------------------------------------------------------------------------
    including        315.00     1.00         3.04         0.09        0.09
    -------------------------------------------------------------------------
    0408-185         216.00    11.00         1.53         0.07        0.04
    -------------------------------------------------------------------------
    including        224.00     2.00         3.19         0.08        0.07
    -------------------------------------------------------------------------
       and           239.00     1.50         0.88         0.03        0.03
    -------------------------------------------------------------------------
       and           243.61     1.39         1.39         0.13        0.04
    -------------------------------------------------------------------------
    

    Both of the above intersections are at the western end of the VW Nickel
Deposit and show the down plunge of the mineralization to be improving with
depth, further enhancing the underground mining potential.
    At completion of the current campaign, the drilling results will be
collated and forwarded to Independent Engineers for a National Instrument
43-101 Resource upgrade to be used for the proposed Scoping Study.
    Exploration Drilling: A 10 drill-hole program totalling 1,500 metre is
scheduled to commence in early October 2008 on the 3 kilometre area between
the VW Nickel Deposit and the B4-7 Nickel-Copper-PGE's Deposit.

    Lamaune Lake:

    The Lamaune Lake property, consisting of 8 claims for a total area of
1,616 hectares, is located at the western end of and is contiguous to the
Junior lake property and contains the highly prospective Carrot Top Zone, The
Grassy Pond Zone and several other areas of interest.
    In 2003, Landore Resources entered into an Option Agreement with the
Stares Contracting Corporation and James Dawson, to acquire up to an 80%
interest in the Lamaune Lake property by incurring exploration expenditures of
C$1,000,000 within a 6 year period together with 4 annual payments totaling
C $80,000. Those commitments have recently been achieved as a result of which
Landore's now has an 80% interest in the above property.
    Carrot Top Zone: Landore has completed two drilling campaigns on the
Carrot Top Zone and adjacent Zap Zone, in 2003 and 2005, successfully
intersecting highly anomalous nickel, copper and platinum group elements
(PGE's) in several holes.
    Commencing in May 2008, an exploration drilling campaign, consisting of
12 drill-holes, Diamond NQ core, for a total of 2,028 metres was completed on
the Carrot Top and Zap Zones designed to further investigate the previous
drilling.

    
    Mineralized intersections include:
    -------------------------------------------------------------------------
    Drill-hole  From     Width  Nickel   Copper  Platinum  Palladium  Cobalt
    -------------------------------------------------------------------------
      No        Metres   Metres   %         %       g/t       g/t        %
    -------------------------------------------------------------------------
    1108-21     77.30    6.70   0.29      0.26     0.076     0.352     0.03
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    1108-24    185.20   18.30   0.34      0.32     0.038     0.206     0.03
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    1108-25     81.00    5.48   0.33      0.15     0.078     0.278     0.02
    -------------------------------------------------------------------------
    Including   84.60    0.32   1.29      0.16     0.133     1.064     0.12
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    1108-26    126.89    0.39   1.44      0.56     0.010     1.678     0.14
    -------------------------------------------------------------------------
    

    The results from the 3 drilling campaigns completed to date show the
Carrot Top Zone to have the potential to develop into a resource. Accordingly
a substantial drilling campaign will be programmed for the Carrot top Zone
commencing in the spring of 2009.

    Grassy Pond Zone: An exploration drilling campaign, consisting of 8
drill-holes, Diamond NQ core, for a total of 1,034 metres, has been completed
on the Grassy Pond Zone located approximately 3 kilometres to the north east
of the B4-7 Nickel Copper PGE's deposit.
    Highly anomalous results, including 0.7 metres at 0.39% nickel, 0.43%
copper and 0.77grams/tonne gold in drill-hole 1108-30, are sufficiently
encouraging to warrant follow up drilling.
    James Garber, (BSc. Hons. Geology, member of APGO) a Director of Landore
Resources Ltd and a qualified person as defined in the Canadian National
Instrument 43-101, has reviewed and verified all scientific or technical
mining disclosure contained in this announcement, which is stated in
accordance with the Canadian Institute of Mining Metallurgy and Petroleum.





For further information:

For further information: Bill Humphries, Chairman, Tel: +44(0)7734
681262;  Richard Prickett, Chief Executive, Tel: +44(0)7775 651421; Landore
Resources Limited, www.landore.com; Simon Raggett, Tel: +44 (0)20 7409 3494,
Strand Partners Limited; David Bick, Tel: +44 (0)7831 381201


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