Landore Resources Limited (AIM Ticker: LND.L) - West Graham - First Nickel Option Drilling Update



    
      First Nickel is carrying out exploration on Landore's West Graham
         property and the following is an extract from their recently
                             published results.

                                   -BEGINS-

       FIRST NICKEL INTERSECTS 86.70 METRES OF 0.55% NI AND 0.43% CU ON
                                 WEST GRAHAM
    

    TORONTO, March 25 /CNW/ - First Nickel Inc. (FNI-TSX) is pleased to
report the results of 22 diamond drill holes representing 5,469 metres of
diamond drilling on the West Graham Property during the 2007 exploration
program and the first two holes of the 2008 exploration program (see the
attached plan map for drill hole locations). The West Graham property is under
option from Landore Resources Canada Inc. and the details of the option
agreement were provided in a press release dated August 4, 2005.
    The current drill program has been designed to provide the drill density
required to complete an NI 43-101 compliant Resource Estimate on the Conwest
Deposit (which forms part of the West Graham Property) in 2008. The drill
program has been expanded to a total of 10,000 metres based on the results to
date and is scheduled for completion in June 2008. The new NI 43-101 Resource
Estimate will be completed after all analytical results have been received and
modeled for 2007-2008 drill program.
    Results to date have met expectations based on the previous exploration
programs completed by First Nickel. Highlights of the drill program include
FNI2045 with 0.59% Ni and 0.44% Cu over 70.20 metres, including 1.14% Ni and
0.60% Cu over 10.50 metres; and FNI2050 with 0.55% Ni and 0.43% Cu over
86.70 metres, including 1.15% Ni and 0.71% Cu over 12.70 metres. The following
table summarizes the significant analytical results from the ongoing drill
program.
    The Conwest Deposit was estimated in the 1960's to have a mineral
inventory of 4.3 million tons grading 0.53% nickel and 0.33% copper. This
historic resource predates the implementation of NI 43-101 standards and
guidelines and should be considered non-compliant. At depth the Conwest
Deposit is interpreted to be contiguous with the Lockerby East zone.
    The diamond drilling program is being carried out under the supervision
of First Nickel's Senior Geologist, Scot Halladay, P.Geo., a "qualified
person" as defined by National Instrument 43-101. The information in this
release was prepared under the direction of Paul Davis, P.Geo., Vice President
of Exploration for First Nickel Inc., a "qualified person" as defined by
National Instrument 43-101. First Nickel Inc. follows a rigorous QA/QC
protocol on all of its exploration projects. Drill core of interest (NQ size)
is sawn in half, with one half retained for future reference and one half sent
to a commercial laboratory, SGS Laboratories in Garson for preparation and
specific gravity measurements and shipped internally by SGS to Toronto for
assay. A rigorous quality assurance/quality control program is employed which
includes the insertion of standards and blanks for each batch of samples.

    
                            Drill
              From    To    Length  Ni    Cu    Co    Pt    Pd    Au    Ag
    Hole ID   (m)     (m)     (m)   (%)   (%)   (%)  (ppm) (ppm) (ppm) (ppm)

    FNI2031  396.00  450.00  54.00  0.59  0.39  0.02  0.17  0.03  0.06  3.18
    FNI2032   45.00   71.15  26.15  0.41  0.21  0.01  0.09  0.03  0.04  2.13
    FNI2034  103.50  114.00  10.50  0.46  0.31  0.01  0.06  0.03  0.03  2.47
    FNI2035  108.00  114.00  36.50  0.61  0.34  0.02  0.07  0.03  0.03  3.46
     incl.   124.70  131.80   7.10  1.16  0.50  0.04  0.08  0.04  0.03  3.65
    FNI2039   96.00  159.00  63.00  0.40  0.24  0.01  0.07  0.03  0.03  2.27
    FNI2040  139.50  148.50   9.00  0.43  0.35  0.02  0.06  0.02  0.03  4.38
    FNI2041  118.50  180.00  61.50  0.46  0.35  0.01  0.06  0.03  0.02  2.69
     incl.   168.00  177.00   9.00  1.03  0.53  0.03  0.11  0.04  0.03  4.69
    FNI2043  138.30  201.00  62.70  0.39  0.32  0.01  0.08  0.02  0.03  3.18
    FNI2044  153.10  207.15  54.05  0.45  0.25  0.01  0.06  0.03  0.04  2.83
     incl    192.90  195.15   2.25  1.76  0.30  0.05  0.06  0.08  0.03  3.55
    FNI2045  239.90  310.10  70.20  0.59  0.44  0.01  0.12  0.03  0.05  5.92
     incl.   279.00  289.50  10.50  1.14  0.60  0.03  0.13  0.05  0.06  4.44
    FNI2046  246.90  333.00  86.10  0.45  0.28  0.01  0.11  0.03  0.03  3.29
     incl.   294.85  295.55   0.70  5.81  0.10  0.12  0.10  0.04  0.00  4.62
    FNI2047  330.00  339.00   9.00  0.70  0.58  0.03  0.22  0.04  0.09  4.93
    FNI2048  233.00  246.50  13.50  0.49  0.32  0.02  0.22  0.04  0.05  2.89
    FNI2049  237.70  259.20  21.50  0.40  0.26  0.01  0.07  0.03  0.03  3.20
    FNI2050  280.90  367.60  86.70  0.55  0.43  0.02  0.14  0.03  0.05  4.75
     incl.   316.70  329.40  12.70  1.15  0.71  0.04  0.15  0.05  0.05  5.74

    All assay intervals reported are core length and do not represent true
    widths (defined as being measured at right angles to the direction of
    extension of the sulphide body). All other assay samples are pending
    analysis.
    

    First Nickel is a Canadian mining and exploration company. Its current
activities are primarily focused on the Sudbury Basin in northern Ontario, the
location of the company's producing property (the Lockerby Mine) and four of
its exploration properties. First Nickel also has two exploration properties
in the Timmins region of northern Ontario. First Nickel's shares are traded on
the TSX under the symbol FNI.

    %SEDAR: 00008466E




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; Simon Raggett, Strand Partners Limited, Tel: +44(0)207409
3494; David Bick, Tel: +44(0)7831 381201


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