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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 MurrayMacon Aug 02, 2016 8:23am
209 Views
Post# 25101596

Drilling Update.....

Drilling Update.....

Exploration Update

The summer 2016 drill program on the Martiniere Property continues with two drills currently working to continue expanding and further delineating the Bug Lake gold deposit and testing exploration targets within the broader gold system at Martiniere. To date a total of 7,375 metres of drilling in 23 holes has been completed. 

Initial drill results from the summer program at Martiniere are expected within the next 2-4 weeks and it is currently anticipated that drilling will continue through the summer and fall on the Detour Trend Project. 

About Balmoral Resources Ltd. -- www.balmoralresources.com

Balmoral is a well-funded, Canadian-based company actively delineating and expanding both high-grade gold and nickel-copper-PGE discoveries on its wholly owned, 700 square kilometre Detour Trend Project in Quebec, Canada. Employing an award winning exploration team, Balmoral has a philosophy of creating value through the drill bit. By focusing our efforts in proven productive precious/base metal belts in one of the world's preeminent mining jurisdictions, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery and definition of high-grade, Canadian gold and base metal assets.

https://www.balmoralresources.com/news/balmoral-acquires-new-gold-project-in-west-central-quebec-2016-08-02

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