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Balmoral Resources Ltd BALMF

Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.


OTCQX:BALMF - Post by User

Post by askmetooon Jul 28, 2016 8:32am
148 Views
Post# 25091003

Good Neighbourhood.

Good Neighbourhood.BAR's property is right next door!

July 28, 2016 NEWS RELEASE Detour Gold Reports Positive Drilling Results from Lower Detour Detour Gold Corporation (TSX: DGC) (“Detour Gold” or the “Company”) reports positive results from its 2016 winter drilling program at Lower Detour, which targeted Zone 58N located approximately six kilometres south of its flagship Detour Lake gold mine (refer to Table 1). During the 2016 winter drilling program, the Company completed 36,830 metres of infill drilling in 119 holes at a 25 metre drill spacing above 250 metres and at a 50 metre spacing below 250 metres. The second phase of the infill drilling program totaling approximately 25,000 metres resumed in July. Zone 58 N – Significant Intercepts (uncut gold assay reported) 35.19 g/t over 5.2 m (DLD-16-190) 26.38 g/t over 13.0 m, including 79.40 g/t over 4.0 m (DLD-16-205) 26.97 g/t over 8.0 m (DLD-16-233A) 10.23 g/t over 22.0 m, including 18.91 g/t over 6.0 m (DLD-16-245) 14.75 g/t over 22.0 m, including 34.21 g/t over 9.0 m (DLD-16-248) 30.79 g/t over 10.0 m, including 75.60 g/t over 4.0 m (DLD-16-250) 15.46 g/t over 13.0 m (DLD-16-270) 18.93 g/t over 13.0 m, including 57.58 g/t over 4.0 m (DLD-16-273) 34.98 g/t over 23.2 m, including 95.58 g/t over 8.0 m (DLD-16-277) 21.95 g/t over 9.0 m (DLD-16-278A) The gold mineralized system (Zone 58N and 75) has been intersected over an east-west strike length of 450 metres, from surface to a depth of 800 metres. The mineralized system remains open at depth.

https://s1.q4cdn.com/320803946/files/images/2016/Detour-Lake-Property-Geology-Map-16_04.jpg
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