Landore Resources Limited provided a progress report on the drilling and exploration programme carried out on theFelix-Lamaune prospects at the Company's Junior Lake Property, Ontario, Canada. In the summer and autumn of 2022 Landore completed an exploration-drilling programme, consisting of 43 drill holes for 7,635 metres of diamond core, on the Felix - Carrot Top Zones located from one to eight kilometres west along strike from the 1.5-million-ounce BAM Gold Deposit and the B4-7/VW Nickel-Copper-Cobalt-Palladium-Platinum deposits (Ni-Cu-Co-PGEs). In addition to the 21 drill hole programme reported on the 17th November 2022, an additional drill-hole, 0422-846 for 81.05m of HQ diamond core, has since been drilled as a 50m step forward to drill-hole 0422-845 successfully projecting the palladium enriched nickel mineralisation to surface.Drilling intersected mineralisation over 25.84 metres reporting 822ppm Ni, 1087ppm Cu, 81ppb Pt, and 290ppb Pd from 35.26m, including 0.75 metres 1425ppm Ni, 1430ppm Cu, 773ppb Pt, and 2540ppb Pd from 36.20m.

A drilling programme consisting of 20 drill holes for 3,436m of NQ diamond core, 1122-154 to 1122-173, has been completed on Carrot Top Zone, located approximately 7 to 8 kilometres along strike to the west of the BAM Gold and B4-7/VW Battery Metals deposits. The Carrot Top Zone was previously drilled from 2003 to 2008 reporting significant palladium-enriched nickel mineralisation. The current programme is aimed at infilling and extending the above area to allow modelling for resource purposes.

Assays are outstanding. The Lamaune Gold Prospect is located 300 to 500 metres to the north and parallel to the Carrot Top Zone. A drilling programme consisting of 2 drill holes for 405 metres of HQ diamond core, 1122-174 to 1122-175, was completed on the Carrot Top zone prior to the winter break, The core has been logged and will be processed and sent for assay on re-commencement of 2023 operations.

For previous exploration information on the Carrot Top Zone and Lamaune Gold Deposit see RNS 20th July 2020. Planning: Landore's plans for 2023 are to focus on advancing its highly prospective BAM Gold project, targeting a two-million-ounce resource together with completing a pre-Feasibility study, concentrating on: · The underground potential at BAM as identified by CUBE in the May 2022 Resource Upgrade and presentation. Advancing the existing Inferred resource into an Indicated Resource together with infilling the exploration targets to the immediate east and west of the resource.· Commencing pre-feasibility studies in Second Quarter to advance the BAM Project towards production.