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Balmoral Resources’ assays yield some eye-catching results

Wednesday, February 15, 2017 7:01
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Balmoral Resources Ltd’s (TSE:BAR; OTCQX: BALMF) remaining assays from its summer/fall campaign on the Detour Gold Trend Project, Quebec, yielded some eye-catching results.

The highlight was the extension of the Bug South gold deposit on the Martiniere Property to a vertical depth of 350 metres.

In the Upper Bug Zone it encountered 9.16 metres grading 3.51 grams per tonne of gold, including 1.36 metres grading 20.30 grams.

Balmoral’s best intercept to date from its Detour East Property, 40 kilometres to the west, was a near-surface 14.15 metres grading 0.91 grams per tonne of the precious metal gold, including a high grade interval of 1.58 metres at 5.53 grams.

The winter drill program on the Martiniere Property, home to the Bug Lake and Martiniere West gold deposits, is “currently in full swing”, the company said, and will continue through to the end of March.

Story by ProactiveInvestors


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