Balmoral Resources Ltd BALMF

Surrounding rocks Lit up.

[astrorbit]

Here is an interview with the northern miner.


https://www.northernminer.com/news/balmoral-discovers-several-new-nickel-zones-at-grasset/1003803457/

District scale and may be bigger than drill results suggest. Geophysical survey on new discoveries  lit up the surrounding rock.

$1m budget for winter program

Most of 2019 will be nickel based drilling.Restart mid feb.

Pending results from 5 holes early feb.

Talk about waiting for gold partner.

[chaney]

Thanks for posting that article. Unfortunately can't open it.

[AlternativeView]

No need to read this.  I'll give you the overview.  "Lit up" means a strong signal from downhole a directional resistivity survey, when the tool was oriented along the strike of the plate, and also down dip.  Depth of lateral investigation is about 300 meters. Thw same 300 meter penetration for the airborne VTEM renders it useless because the zone is about 500 meters

[Hawaiii]

Here you go Chaney Balmoral Resources (TSX: BAR; US-OTC: BALMF) has discovered several new nickel sulphide zones in the central part of its Grasset Ultramafic complex in Quebec after drilling the area during its fall 2018 exploration program. The new discoveries sit 7 km northwest of the company’s Grasset polymetallic deposit. Highlights from the area include 1.05% nickel, 0.31% copper

[chaney]

Thanks.

[diabase1]

Alternateview: Nickel deposits need sulphides and where does it get it from, sedimentary rocks!!! The new discovery has sediments on the north side of the discovery area. I would be looking for isolated, flanking EM anomalies next to these sedimentary conductors.

[AlternativeView]

Here is an open-pittable nickel deposit that is 50X the size of Grasset.  And it has no sulfides. https://fpxnickel.com/wp-content/uploads/2018/04/2018_Decar_NI43101.pdf

[diabase1]

You're right Alternativeview, FPX has no sulphides, but it does have a conductive horizon (serpentinite). The 2010 IP survey followed up on laboratory testing that showed awaruite-bearing serpentinized peridotite has elevated chargeability (Walcott, 2011). In Balmorals case, they have sulphides. I don't think the Grasset Complex has been altered enough to form serpentinite. I'm not a

[AlternativeView]

I'll take your word for the IP survey.  But these sorts of geophysical surveys are relatively pointless when the ore outcrops, as it does at Decar.  The Baptiste pit will have the lowest strip ratio I have ever seen.

[diabase1]

Furthermore, in both the Kambalda and Shaw Dome Timmins area, most of the ore-bearing komatiites are directly underlain by sulphidic sediments (Coad 1979, Lesher 1989). Many believe these sediments are the source of sulphur that became incorporated in the komatiitic magmas and gave rise to the ores. I thought that I read this somewhere and here it is. Just some thoughts about the Grasset Complex.

[AlternativeView]

There is clearly a sedimentary layer in the graphic.  And the stratigraphy leaves no doubt as to the orientation of the layers at the time of deposition. This is important because sulfides settle due to gravity.  Accumulations should therefore be found along the contacts of magma/ surface lava flows, at the bottom of the melts.

[goodtoreadthis]

Thanks Hawaii for that.  If u and others did not surface stuff like that, we enduring longs would be blind to rationale behind finds, exploration plans, and general business plans. BAR should NOT be depending on mining magazines to get their word out. WA companies usually explain all that in their presentation charts.