For thousands of other reports visit RSC's Mineral Intellingence Map
Balmoral Resources Ltd.
Summary
| Project: | Detour East | |
|---|---|---|
| Deposit: | Detour East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-2-2017: Balmoral Resources Ltd. announces an Exploration/Drilling Update report for its Detour East deposit at the Detour East project. Drilling results incl. 14.25m @ 0.91g/t Au from 175.80m. (Vancouver, February 15, 2017) Balmoral Resources Ltd. (“Ba | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Darin Wagner (Internal) | |
| ABSTRACT: | (Vancouver, February 15, 2017) Balmoral Resources Ltd. (“Balmoral” or the “Company”) (TSX: BAR; OTCQX: BALMF) today announced the final results from its 2016 summer/fall drill program on its Detour Gold Trend Project in Quebec. Results were highlighted by the extension of the Bug South gold deposit on the Martiniere Property to a vertical depth of 350 vertical metres with an Upper Bug Zone intercept of 9.16 metres grading 3.51 g/t gold, including 1.36 metres grading 20.30 g/t gold. As well the Company announced its best intercept to date from its Detour East Property, located 40 kilometres to the west, with a near surface intercept of 14.15 metres grading 0.91 g/t gold, including a high grade interval of 1.58 metres grading 5.53 g/t gold from the down-plunge extension of the Lynx Gold Zone. The fall 2016 drill program saw the first testing by Balmoral of the Lower Detour-Massicotte Deformation Zone on the Company’s Detour East Property. Four of six holes completed on the property tested this 13 kilometre long trend of gold occurrences. The Detour East Property is located at the western end of the Detour Gold Trend Project and sits immediately adjacent to the holdings of Detour Gold along the OntarioQuebec border. Balmoral also completed a large induced polarization (I.P.) survey in the northeast corner of the Detour East Property, proximal to the Sunday Lake Deformation Zone which hosts the nearby Detour Gold Mine. Results from that survey will be used for drill targeting during the summer of 2017. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report