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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 goldhunter11on Nov 15, 2019 10:54am
83 Views
Post# 30356417

RE:RE:RE:Distance?

RE:RE:RE:Distance?diabase,
No worries.
Figure 2 of WR NR of 14 Nov 2019 has some remarks about distance to the boundary with BAR (approx 900m to the left and 1100 m to the right (Fig 2 is looking NE). Also, BAR NR 16 Sept 2019 has a plan view showing thei proximity with WM.

If one is interested in the big picture, then a distance of about 1km is not a big deal. Somtimes a neighbour like WM just want more land to have a superpit. Additional deposits would be fine, but the land would be more desirable to have enough space for other facilities, e.g. tailing ponds, perhaps a mill?, and space for heavy equipment to move around. Now, with Eric on both sides of the fence, it would not be a surpise if he would try to broker a JV.

BTW, there is a good arial view on BAR website (Nov Corp Presensentation, slide 17).
Good luck.
GH11
-------------------
diabase1 wrote: Thanks for your input Goldhunter11. Some of the holes within the southern WM property could be old BAR holes. The 2 holes that you mentioned are not within either the 51 or 52 corridor (I don't think).


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