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Bullboard - Stock Discussion Forum 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 Discussion

Balmoral Resources Ltd > Doubling production at KL
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Post by fastandfurious on Feb 05, 2020 10:25am

Doubling production at KL

Just got word from some of the miners at DGC and they are saying KL is planning on doubling production soon after taking over .  This will reduce mine life to 13 years instead of 26 under DGC management. 


they will also be moving the main camp at a cost of 500 million in the next few years . 


ES is setting all this up to fit that plan , there won't be any mills at WM as they will be trucking the ore to the main Detour mill .

Comment by 6Azithromycin on Feb 05, 2020 10:34am
This post has been removed in accordance with Community Policy
Comment by goldhunter11 on Feb 05, 2020 11:52am
All the discussions about transportation access, mill capacity involving WM and BAR are with the assumption that KL will be eventual owner supremo of the two. Yes, KL along with the master pupetteer (ES) has big plan for the company in the future, e.g. doubling the capacity of the Detour Mill, etc...We are just trying to see the future, on how it could shape up (in a few years). But, for BAR and ...more  
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