Latest Balmoral Resources (BALMF) Headlines
Balmoral Intersects Nickel-Copper-PGE Mineralization Over 700 Metres Strike Length at Grasset, Detour Gold Trend Project, Quebec
Marketwire - Wed Mar 05, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) today confirmed the presence of an extensive zone of nickel-platinum-palladium (+/-copper) mineralization on its wholly owned Grasset Property in Quebec. Results include the first massive sulphide intercept from the property, located at the core of an 11.41 metre mineralized interval, which returned 3.69% nickel, 0.23% copper, 1.23 g/t palladium and 0.53 g/t platinum over 1.46 metres. Ni-Cu-PGE mineralization has now been intersected for over 700 metres along strike in a northwest direction from discovery hole GR-12-09 (see NR12-14; May 23, 2012). The mineralized zone remains open in all directions. The Grasset Property is part of the Company's Detour Gold Trend Project. The Grasset Ni-Cu-PGE discovery is located approximately 40 km east of Balmoral's flagship, high-grade Martiniere gold system where drilling is on-going.
Balmoral Updates Progress on Northshore Property, Ontario
Marketwire - Tue Feb 11, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) has been advised by GTA Resources and Mining Inc. ("GTA") (TSX VENTURE: GTA) that an initial NI43-101 resource estimate is currently being completed for the Afric Gold Zone on the Company's Northshore Property in Ontario. Drilling by GTA under an option agreement with Balmoral, and by historic operators, has outlined the Afric Gold Zone over an area of 350 x 500 metres and to a vertical depth of 350 metres below which it remains open for expansion. The Afric Gold Zone exhibits a high grade core and broad, lower grade halo. Recent drilling has also confirmed the presence of other high-grade vein systems on the Property. GTA has indicated to the Company that resource estimate should be completed during the first quarter or early second quarter of 2014.
Balmoral Announces Appointment of Mr. Dan MacInnis as a Director of the Company
Marketwire - Thu Feb 06, 6:31AM CST
Balmoral Resources Ltd. (TSX: BAR)(OTCQX: BALMF) ("Balmoral" or the "Company") is pleased to announce that Mr. Dan MacInnis (P.Geo.) has joined the Company as a member of the Board of Directors, effective February 5, 2014. Mr. MacInnis recently retired as the President and CEO of TSX-listed MAG Silver Corp. During his tenure at MAG, he directed the financing of over $140 million dollars, and led one of the silver sector's most successful explorers through the discovery of the high-grade Juanicipio/Valdecanas silver veins and the Upper Manto and Pegaso silver, lead and zinc mantos at Cinco de Mayo in Mexico. Mr. MacInnis has forty years' experience in mineral exploration worldwide. He has managed and directed multi-million dollar exploration programs for MAG Silver, Noranda Exploration, Battle Mountain Gold/Hemlo Gold, and Sargold Resources. Mr. MacInnis has extensive global experience in property acquisitions and joint venture, management and operation. A significant number of mineral discoveries have been made under his guidance, including gold and base metal deposits in the US, Canada and Mexico. Mr. MacInnis is a Registered Professional Geoscientist (P.Geo) and is a graduate of Saint Francis Xavier University with a B.Sc. in Geology. Mr. MacInnis has served as an advisor to the Company since its inception.
Balmoral Set to Resume Drilling on Detour Gold Trend Project
Marketwire - Wed Jan 29, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) reports that crews have arrived into the Martiniere and Fenelon exploration camps on the Company's wholly owned Detour Gold Trend Project in Quebec in preparation for the commencement of the winter 2014 drill program. Initial targets for the winter program include infill and expansion drilling of the high-grade Bug Lake and related gold zones on the Martiniere Property, follow-up testing of the recently announced VMS discovery also on Martiniere, follow-up testing of the Grasset gold discovery and initial testing of a high-priority nickel-copper-platinum-palladium ("Ni-Cu-PGE") target outlined by the fall 2013 geophysical program on the Grasset Property. Current plans call for the completion of 5,000 to 6,000 metres of diamond drilling with two rigs. Balmoral's strong cash position will allow it to immediately accelerate or expand the program as warranted by early results.
Balmoral Adds Gold and VMS Discoveries to Expanding Inventory of Opportunities on Detour Gold Trend Project, Quebec
Marketwire - Fri Jan 17, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) reports the discovery of 4 new occurrences of gold mineralization, and the discovery of a new VMS-base metal system, on the Company's wholly owned Detour Gold Trend Project in Quebec.
Treasury Strategies Testifies on "The Impact of the Volcker Rule" to the U.S. Congress
Marketwire - Wed Jan 15, 9:15AM CST
Dave Robertson, Partner, Treasury Strategies, Inc. testified today at the U.S. House of Representatives on "The Impact of the Volcker Rule on Job Creators." Treasury Strategies supports the House's Financial Services Committee efforts to ensure the Volcker Rule is implemented in a manner that supports a stable and robust financial system.
PA Treasury Returns $111 Million in Unclaimed Property in 2013
Marketwire - Wed Jan 15, 9:03AM CST
The Pennsylvania Treasury returned $111 million in unclaimed property to rightful owners or heirs in 2013, the highest yearly return amount since the start of his administration, State Treasurer Rob McCord announced today. This brings the total of lost and forgotten money and items returned since January 2009 to more than $517 million, the Treasurer noted.
Balmoral Announces Appointment of Mr. Graeme Currie as a Director of the Company
Marketwire - Tue Jan 14, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) is very pleased to announce that Mr. Graeme Currie has joined the Company as a member of the Board of Directors, effective January 13, 2014. Mr. Currie most recently served as Director, Investment Banking at CanaccordGenuity Limited where he concentrated specifically on the junior mining sector. He retired from Canaccord in August 2012. Prior to his role in investment banking Mr. Currie was with Canaccord as a Senior Mining Analyst for over 22 years, focussing specifically on the junior mining sector. Mr. Currie brings to the Board over three decades of experience evaluating junior exploration and development companies worldwide and extensive knowledge of the capital markets as they relate to the mineral exploration and development industry.
Balmoral Intersects 27.05 g/t Gold Over 6.22 Metres, Extends Bug Lake Footwall Zone, Martiniere Project, Quebec
Marketwire - Thu Jan 09, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) continued to report high-grade gold results from its Detour Gold Trend Project including an intercept of 27.05 g/t gold over 6.22 metres from the Bug Lake Footwall Zone. This intercept is sixty metres below a second reported intercept of 9.05 g/t gold over 7.60 metres, extends the strike and confirms the down-dip extension of the high-grade Footwall Gold Zone. The Company also reported high-grade results from the Bug Lake Hanging Wall Zone including 9.70 g/t gold over 9.25 metres and continued to intersect broad intervals of gold mineralization through the Bug Lake Zone including 64.80 metres grading 0.80 g/t gold (see table below). The Bug Lake and related gold zones are situated on the Company's wholly owned Martiniere Property located 45 kilometres east of the Detour Gold Deposit in west-central Quebec.
World LNG Fuels 2014 Features 24 Fleet Users
Marketwire - Wed Dec 18, 11:36AM CST
This January's World LNG Fuels 2014 conference features some 65 speakers, 24 of which operate engines fueled with LNG. The event, which will be held at Houston's George R. Brown Convention Center, Jan. 21-23, will also display some 70 exhibits of new equipment, technology and services. Details about the conference program can be found at http://www.worldlngfuels.com/program/.
Balmoral Intersects 10.62 g/t Gold Over 21.44 Metres at Martiniere West, Detour Gold Trend, Quebec
Marketwire - Wed Dec 18, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) today reported the highest grade gold intercept to date from the Martiniere West Gold Zone on its wholly owned Detour Gold Trend Project in Quebec. Hole MDW-13-88, testing a revised geological model at shallow depths within the central portion of the Martiniere West Zone, returned an intercept of 10.62 g/t gold over 21.44 metres, including a bonanza grade core intercept of 108.00 g/t gold over 1.95 metres. This intercept is nearly double the grade of the highest grade intercept from previous drilling testing the West Zone (67.76 g/t gold over 1.36 metres). The bonanza grade intercept is surrounded by a broad mantle of pyrite-sericite alteration, silica flooding and anomalous gold mineralization over a down-hole width of 21.44 metres in keeping with the majority of Martiniere West Zone intercepts.
Balmoral Reports 9.47 g/t Gold Over 9.00 Metres From Northshore Property, Ontario
Marketwire - Tue Dec 10, 7:02AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) has been advised by GTA Resources and Mining Inc. ("GTA") (TSX VENTURE: GTA) that recently completed drill testing on the Company's Northshore Property in Ontario has returned high-grade gold intercepts from both the Afric Gold Zone and the recently identified Gino Vein. Results from two holes testing the eastern portion of the Afric Gold Zone were highlighted by a high-grade interval of 9.47 g/t gold over 9.00 metres hosted within a 201 metre wide zone of anomalous gold mineralization which returned a length weighted, uncut, average grade of 0.73 g/t gold in drill hole WB-13-51.
Balmoral Intersects Nickel-Copper-PGE Mineralization Over 700 Metres Strike Length at Grasset, Detour Gold Trend Project, Quebec
Marketwire - Wed Mar 05, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) today confirmed the presence of an extensive zone of nickel-platinum-palladium (+/-copper) mineralization on its wholly owned Grasset Property in Quebec. Results include the first massive sulphide intercept from the property, located at the core of an 11.41 metre mineralized interval, which returned 3.69% nickel, 0.23% copper, 1.23 g/t palladium and 0.53 g/t platinum over 1.46 metres. Ni-Cu-PGE mineralization has now been intersected for over 700 metres along strike in a northwest direction from discovery hole GR-12-09 (see NR12-14; May 23, 2012). The mineralized zone remains open in all directions. The Grasset Property is part of the Company's Detour Gold Trend Project. The Grasset Ni-Cu-PGE discovery is located approximately 40 km east of Balmoral's flagship, high-grade Martiniere gold system where drilling is on-going.
Balmoral Updates Progress on Northshore Property, Ontario
Marketwire - Tue Feb 11, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) has been advised by GTA Resources and Mining Inc. ("GTA") (TSX VENTURE: GTA) that an initial NI43-101 resource estimate is currently being completed for the Afric Gold Zone on the Company's Northshore Property in Ontario. Drilling by GTA under an option agreement with Balmoral, and by historic operators, has outlined the Afric Gold Zone over an area of 350 x 500 metres and to a vertical depth of 350 metres below which it remains open for expansion. The Afric Gold Zone exhibits a high grade core and broad, lower grade halo. Recent drilling has also confirmed the presence of other high-grade vein systems on the Property. GTA has indicated to the Company that resource estimate should be completed during the first quarter or early second quarter of 2014.
Balmoral Announces Appointment of Mr. Dan MacInnis as a Director of the Company
Marketwire - Thu Feb 06, 6:31AM CST
Balmoral Resources Ltd. (TSX: BAR)(OTCQX: BALMF) ("Balmoral" or the "Company") is pleased to announce that Mr. Dan MacInnis (P.Geo.) has joined the Company as a member of the Board of Directors, effective February 5, 2014. Mr. MacInnis recently retired as the President and CEO of TSX-listed MAG Silver Corp. During his tenure at MAG, he directed the financing of over $140 million dollars, and led one of the silver sector's most successful explorers through the discovery of the high-grade Juanicipio/Valdecanas silver veins and the Upper Manto and Pegaso silver, lead and zinc mantos at Cinco de Mayo in Mexico. Mr. MacInnis has forty years' experience in mineral exploration worldwide. He has managed and directed multi-million dollar exploration programs for MAG Silver, Noranda Exploration, Battle Mountain Gold/Hemlo Gold, and Sargold Resources. Mr. MacInnis has extensive global experience in property acquisitions and joint venture, management and operation. A significant number of mineral discoveries have been made under his guidance, including gold and base metal deposits in the US, Canada and Mexico. Mr. MacInnis is a Registered Professional Geoscientist (P.Geo) and is a graduate of Saint Francis Xavier University with a B.Sc. in Geology. Mr. MacInnis has served as an advisor to the Company since its inception.
Balmoral Set to Resume Drilling on Detour Gold Trend Project
Marketwire - Wed Jan 29, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) reports that crews have arrived into the Martiniere and Fenelon exploration camps on the Company's wholly owned Detour Gold Trend Project in Quebec in preparation for the commencement of the winter 2014 drill program. Initial targets for the winter program include infill and expansion drilling of the high-grade Bug Lake and related gold zones on the Martiniere Property, follow-up testing of the recently announced VMS discovery also on Martiniere, follow-up testing of the Grasset gold discovery and initial testing of a high-priority nickel-copper-platinum-palladium ("Ni-Cu-PGE") target outlined by the fall 2013 geophysical program on the Grasset Property. Current plans call for the completion of 5,000 to 6,000 metres of diamond drilling with two rigs. Balmoral's strong cash position will allow it to immediately accelerate or expand the program as warranted by early results.
Balmoral Adds Gold and VMS Discoveries to Expanding Inventory of Opportunities on Detour Gold Trend Project, Quebec
Marketwire - Fri Jan 17, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) reports the discovery of 4 new occurrences of gold mineralization, and the discovery of a new VMS-base metal system, on the Company's wholly owned Detour Gold Trend Project in Quebec.
Treasury Strategies Testifies on "The Impact of the Volcker Rule" to the U.S. Congress
Marketwire - Wed Jan 15, 9:15AM CST
Dave Robertson, Partner, Treasury Strategies, Inc. testified today at the U.S. House of Representatives on "The Impact of the Volcker Rule on Job Creators." Treasury Strategies supports the House's Financial Services Committee efforts to ensure the Volcker Rule is implemented in a manner that supports a stable and robust financial system.
PA Treasury Returns $111 Million in Unclaimed Property in 2013
Marketwire - Wed Jan 15, 9:03AM CST
The Pennsylvania Treasury returned $111 million in unclaimed property to rightful owners or heirs in 2013, the highest yearly return amount since the start of his administration, State Treasurer Rob McCord announced today. This brings the total of lost and forgotten money and items returned since January 2009 to more than $517 million, the Treasurer noted.
Balmoral Announces Appointment of Mr. Graeme Currie as a Director of the Company
Marketwire - Tue Jan 14, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) is very pleased to announce that Mr. Graeme Currie has joined the Company as a member of the Board of Directors, effective January 13, 2014. Mr. Currie most recently served as Director, Investment Banking at CanaccordGenuity Limited where he concentrated specifically on the junior mining sector. He retired from Canaccord in August 2012. Prior to his role in investment banking Mr. Currie was with Canaccord as a Senior Mining Analyst for over 22 years, focussing specifically on the junior mining sector. Mr. Currie brings to the Board over three decades of experience evaluating junior exploration and development companies worldwide and extensive knowledge of the capital markets as they relate to the mineral exploration and development industry.
Balmoral Intersects 27.05 g/t Gold Over 6.22 Metres, Extends Bug Lake Footwall Zone, Martiniere Project, Quebec
Marketwire - Thu Jan 09, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) continued to report high-grade gold results from its Detour Gold Trend Project including an intercept of 27.05 g/t gold over 6.22 metres from the Bug Lake Footwall Zone. This intercept is sixty metres below a second reported intercept of 9.05 g/t gold over 7.60 metres, extends the strike and confirms the down-dip extension of the high-grade Footwall Gold Zone. The Company also reported high-grade results from the Bug Lake Hanging Wall Zone including 9.70 g/t gold over 9.25 metres and continued to intersect broad intervals of gold mineralization through the Bug Lake Zone including 64.80 metres grading 0.80 g/t gold (see table below). The Bug Lake and related gold zones are situated on the Company's wholly owned Martiniere Property located 45 kilometres east of the Detour Gold Deposit in west-central Quebec.
World LNG Fuels 2014 Features 24 Fleet Users
Marketwire - Wed Dec 18, 11:36AM CST
This January's World LNG Fuels 2014 conference features some 65 speakers, 24 of which operate engines fueled with LNG. The event, which will be held at Houston's George R. Brown Convention Center, Jan. 21-23, will also display some 70 exhibits of new equipment, technology and services. Details about the conference program can be found at http://www.worldlngfuels.com/program/.
Balmoral Intersects 10.62 g/t Gold Over 21.44 Metres at Martiniere West, Detour Gold Trend, Quebec
Marketwire - Wed Dec 18, 6:31AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) today reported the highest grade gold intercept to date from the Martiniere West Gold Zone on its wholly owned Detour Gold Trend Project in Quebec. Hole MDW-13-88, testing a revised geological model at shallow depths within the central portion of the Martiniere West Zone, returned an intercept of 10.62 g/t gold over 21.44 metres, including a bonanza grade core intercept of 108.00 g/t gold over 1.95 metres. This intercept is nearly double the grade of the highest grade intercept from previous drilling testing the West Zone (67.76 g/t gold over 1.36 metres). The bonanza grade intercept is surrounded by a broad mantle of pyrite-sericite alteration, silica flooding and anomalous gold mineralization over a down-hole width of 21.44 metres in keeping with the majority of Martiniere West Zone intercepts.
Balmoral Reports 9.47 g/t Gold Over 9.00 Metres From Northshore Property, Ontario
Marketwire - Tue Dec 10, 7:02AM CST
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) has been advised by GTA Resources and Mining Inc. ("GTA") (TSX VENTURE: GTA) that recently completed drill testing on the Company's Northshore Property in Ontario has returned high-grade gold intercepts from both the Afric Gold Zone and the recently identified Gino Vein. Results from two holes testing the eastern portion of the Afric Gold Zone were highlighted by a high-grade interval of 9.47 g/t gold over 9.00 metres hosted within a 201 metre wide zone of anomalous gold mineralization which returned a length weighted, uncut, average grade of 0.73 g/t gold in drill hole WB-13-51.
