Balmoral Resources Ltd BALMF

NEWS- Drill Results - 7.16 g/t gold over 1.08 metres

[JMN]

Balmoral Intersects Gold Mineralization Over 25 to 48 Metre Widths in Near Surface, Southern Bug Lake Gold Trend, Quebec

VANCOUVER, BC--(Marketwired - June 08, 2016) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) today reported the final results from the winter 2016 drill program on the Company's Martiniere Property, part of the Detour Trend Project in Quebec. The Upper Bug Lake Zone returned gold mineralized intervals ranging from 25.02 to 48.46 metres wide, starting at less than 100 metres vertical depth, from four… Read More

[jphoward44]

It looks like nobody was impressed with the drill results...or is it simply sell thenews?

[chaney]

jphoward, probably a bit of both plus unless there is some sort of news regarding spliting the gold and nickel we won't see any drill results for a couple of months ao it will be quiet.

[chaney]

"It looks like nobody was impressed with the drill results...or is it simply sell thenews?" Forgot to mention anytime you drill, hit gold, discover new zones or expnad it's has to be viewed as a good thing so I see this as good news but than again I'm probably being bias.