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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 Chaulkduston Jan 03, 2020 3:52pm
170 Views
Post# 30516464

RE:Ton of news coming

RE:Ton of news coming
Monty, I’d like to see them drill some deep holes at Martinere and flush that existing RE out a bit. They have an ideal setup there with an existing RE at 600,000 oz’s and very expandable at depth. Perfect setup for a starter open pit at 2 g/t gold and then a UG mine for the good grade material. I would image they can get the resource up to 1-2 million Oz’s quite quickly. Nickel/Grasset is still a couple of years away but that can be flushed out later once they have more $$$ and the Nickel price is > $8.
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