OTCQX:BALMF - Post by User
Comment by
jdeeron Jul 08, 2014 10:36am
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Post# 22724740
RE:RE:News out ?
RE:RE:News out ? From release... highlights in regard to Grassett/Nickel
Note the "net textured sulphide" comment and that of the 8th having "heavily disseminated sulphides" ...anxious to see the numbers in a few weeks! Promising!
"Drill hole GR-14-25, the first hole to test Horizon 3 of the Complex, returned a 45.28 metre interval which graded 1.79% Ni, 0.19% Cu, 0.42 g/t Pt and 1.04 g/t Pd (see NR-14-11, May 20, 2014). The high-grade nickel-copper-PGE mineralization in hole GR-14-25 is associated with a broad zone of "net textured" sulphides surrounded by a broader halo of disseminated sulphide mineralization."
Read more at https://www.stockhouse.com/companies/bullboard/v.bar/balmoral-resources-ltd#6qQ8tlH7macR1rk0.99 "All eight holes completed to date have intersected broad intervals of sulphide mineralization along the projected extension of Horizon 3, the principal target of the current drill campaign. Seven of the eight holes have intersected net textured sulphide intervals along the Horizon, with the eighth returning heavily disseminated sulphides.
Samples from six of the first eight holes have now been delivered to ALS-Chemex in Val d'Or, Quebec for analysis. Initial results are expected within the next 4-5 weeks. An additional 4-5 holes are planned prior to a short break in drilling to allow for additional borehole geophysical work to be completed."
Read more at https://www.stockhouse.com/companies/bullboard/v.bar/balmoral-resources-ltd#6qQ8tlH7macR1rk0.99