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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

Comment by diabase1on May 16, 2019 5:52pm
48 Views
Post# 29753298

RE:RE:RE:Looks to me

RE:RE:RE:Looks to me

Mining exploration[edit]

MT is used for various base metals (e.g. nickel) and precious metals exploration, as well as for kimberlite mapping.

INCO's 1991 proof-of-concept study in Sudbury, Ontario, Canada sensed a 1750-meter-deep nickel deposit. Falconbridge followed with a feasibility study in 1996 that accurately located two Ni-Cu mineralized zones at about 800 m and 1350 m depth. Since then, both major and junior mining companies are increasingly using MT and audio-magnetotellurics (AMT) for both brownfields and greenfields exploration. Significant MT mapping work has been done on areas of the Canadian Shield.[12]

Diamond exploration, by detecting kimberlites, is also a proven application.[13]

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