The company spent £102,750 on exploration at its highly prospective Canadian portfolio, which includes the BAM gold deposit on the Junior Lake project.
Cash at the period end was £79,000. However, the company raised £2.9mln on June 29, 2020, and took delivery of the new funds after the period end.
As well as BAM, Landore has a 90.2% controlling interest in Lamaune Iron Inc, which owns the property adjacent to Junior Lake, and a 30% interest in the West Graham property located in the Sudbury Nickel Belt.
It also has the rights to 99 claims in the state of Nevada.
Separately, the company said it is also to acquire half of the 2% net smelter returns royalty held on the Lamaune Lake property for C$150,000 in cash and shares.