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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.

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Balmoral Resources Ltd > BAR has a Press Release

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Post by Chaulkdust on Dec 04, 2019 9:33am

BAR has a Press Release

https://www.balmoralresources.com/news/balmoral-expands-ripley-zone-gold-discovery-area-51-gold-system-detour-gold-trend-quebec

or see the BAR Web Site.

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Comment by Chaulkdust on Dec 04, 2019 9:57am

Apparently BAR’s plan is to first define the area potential before doing any deep drilling? I wish they would have stated their goal prior to the drilling of the 9 shallow 200 meter or so holes that they did drill and release. With people looking for a WOW result we get a bit of a disappointment, but with the shallow holes not totally unexpected, since the good stuff is probably at depth. Now at ...more

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Comment by diabase1 on Dec 04, 2019 10:53am

In my opinion, they should have done the IP survey FIRST, before they did any drilling. Period!!!!!

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Comment by goldhunter11 on Dec 04, 2019 11:17am

It was no surprise that BAR has a - 22% haircut after the NR which was considered by the market as a non-stellar drill results from the balance of their initial holes. Some take-away points: - BAR is playing the proximity game using the good results from its neighbour WM. Note that Wagner was using the WM results to "advertise" its drilling program in 2020. Currently, BAR is still ...more

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