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Balmoral Resources Ltd.
Summary
| Project: | Martiniere | |
|---|---|---|
| Deposit: | Martiniere | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-5-2018: Balmoral Resources Ltd. announces an Exploration/Drilling Update report for its Martiniere deposit at the Martiniere project. Drilling results incl. 0.73m @ 87.00g/t Au from 499.95m. (Vancouver, May 2, 2018) Balmoral Resources Ltd. (“Balmoral” o | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Darin Wagner (Internal) | |
| ABSTRACT: | (Vancouver, May 2, 2018) Balmoral Resources Ltd. (“Balmoral” or the “Company”) (TSX: BAR; OTCQX: BALMF) today reported that the initial results from the winter 2018 drill program on the Company’s Martiniere Property in Quebec have successful extended down plunge both the South Zone of the Bug Gold Deposit and the proximal, near surface Horsefly Gold Zone. Drill holes MDE-18-324 and 325, see Figure 1, both intersected broad gold mineralized intercepts in the footwall (Lower) portion of the South Zone at vertical depths of approximately 375 and 410 metres respectively, below the limits of the initial resource estimate released on March 27th, 2018 (see NR18- 03). High-grade vein style gold mineralization was intersected in the hanging wall to the South Zone in multiple holes including intercepts of: The re-emergence of high grade vein style mineralization in the hanging wall region of the South Zone as we proceed to depth is encouraging, as is the continuity of the South and Horsefly Zones outside the recently defined resource shells” said Darin Wagner, President and CEO of Balmoral Resources. | |
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