Balmoral Resources (BALMF) 1.7300 $BALMF
Balmoral Completes Acquisition of 100% Ownership of Entirety of Grasset Ultramafic Complex
Marketwire - Thu Jul 31, 6:33AM CDT
Balmoral Resources Ltd. ("Balmoral" or the "Company"
(TSX: BAR) (OTCQX: BALMF) reported today that it has completed three property acquisition agreements which secure 100% ownership of the remaining 2.3 kilometres of projected strike extent of the Grasset Ultramafic Complex ("GUC" not previously held by the Company. The GUC hosts the Company's high-grade Grasset Nickel-Copper-PGE discovery 13.5 kilometres to the south of the properties acquired. As a result of today's acquisitions, Balmoral controls a 100% interest in a 23 kilometre long northwest-trending belt underlain by strongly magnetic rocks marking the Grasset Ultramafic Complex and potential extensions. In addition to nickel-copper-PGE mineralization the belt has confirmed potential for both gold and zinc-copper (VMS) discoveries.
GTA Updates Progress on its Ontario Projects and Announces a Flow-Through Private Placement
Marketwire - Wed Jul 16, 7:03AM CDT
GTA Resources and Mining Inc. (TSX VENTURE: GTA) provides an update on its projects in Northern Ontario and outlines exploration plans for the second half of 2014. To supplement its present treasury of approximately $1.2 million, GTA also announces its intent to raise up to $500,000 in flow-through funds by completing a non-brokered private placement. The use of proceeds will be to carry out field work on GTA's three northern Ontario properties.
Balmoral Receives First Option Vesting Notice From GTA on Northshore Property, Ontario
Marketwire - Wed Jul 16, 6:30AM CDT
Balmoral Resources Ltd. ("Balmoral" or the "Company" (TSX: BAR) (OTCQX: BALMF) reported today that it has received First Option Vesting Notice under the Northshore Property Agreement ( the "Agreement"; see NR11-17; July 27, 2011) from GTA Resources and Mining Inc. ("GTA" (TSX VENTURE: GTA). Under the terms of the Agreement GTA, who have been the operator on the property since 2011, have the right under the First Option to earn a 51% interest in the Northshore Property from Balmoral subject to making a series of cash and share payments and completing $2,500,000 in expenditures on the Property. Balmoral has received the required cash and share payments and is currently reviewing the expenditure statement provided by GTA which, if accepted, will trigger formal vesting of GTA's First Option Interest in the Property. The Company anticipates it will complete its review within the next 10-12 days.
Balmoral Resumes Drilling of Martiniere Gold System, Detour Gold Trend Project, Quebec
Marketwire - Tue Jul 08, 6:30AM CDT
Balmoral Resources Ltd. (TSX: BAR) (OTCQX: BALMF) ("Balmoral" or the "Company" announced today that drilling has resumed on the Company's wholly owned Martiniere Gold Project located along the Detour Gold Trend in Central Quebec. Drilling at Martiniere will initially focus on further testing of the southern segment of the Bug Lake Gold Zone following the success of the winter 2014 drill program in this area. This will be followed by further testing/infill drilling of the northern segment of the Bug Lake Zone which returned numerous strong intercepts including 1,138 g/t gold over 4.38 metres in the most recently completed phase of drilling (see NR14-10; May 12, 2014).
Balmoral Resources Discovers Gold and Nickel, CEO Clip Video
Newsfile Corp - Mon Jun 30, 4:40PM CDT
full story)
Xmet Outlines Plans for Its 100% Owned Grasset Property which forms the Eastern Extension of Balmoral Resources' Grasset
Marketwire - Mon Jun 23, 9:05AM CDT
Xmet Inc. ("Xmet" or the "Corporation" (TSX VENTURE: XME) is pleased to update its shareholders on its plans for its 100% owned Grasset Property which forms the eastern extension of Balmoral Resource's Grasset Project along the Detour-Sunday Lake Deformation Zone. Xmet's Grasset Project covers the south part of Grasset Lake and is accessible from Matagami via the Phelps Dodge Deposit road across the Allard River bridge using a winter forestry road. The Grasset Property consists of 114 claims covering a total of 6,326 hectares.
Balmoral Resources' CEO Interviewed by BTV and The Gold Report
Marketwire - Thu Jun 19, 8:25AM CDT
With two 100%-owned, shallow, high-grade properties in Canada churning out results and millions of dollars in the bank to keep the drills turning, Balmoral Resources (TSX: BAR) (OTCQX: BALMF) is taking advantage of elevated nickel prices and a quiet junior mining backdrop to turn investor heads. In this interview with BTV and The Gold Report, President and CEO Darin Wagner shares his focus for moving both projects forward.
Midland Acquires New Property Near Balmoral's Ni-Cu-PGE Discovery on Grasset
Marketwire - Thu Jun 19, 7:31AM CDT
Midland Exploration Inc. ("Midland" (TSX VENTURE: MD) is pleased to report the acquisition, by map designation, of a new property with strong gold and Ni-Cu-PGE potential, located about 5 kilometres south of the recent Ni-Cu-PGE and gold discovery made by Balmoral Resources Ltd ("Balmoral" on the Grasset project. Recently, Balmoral announced the discovery of a high-grade Ni-Cu-PGE zone, with values up to 1.79% Ni, 0.19% Cu, 0.42 g/t Pt, and 1.04 g/t Pd over 45.28 metres including an interval grading 10.6% Ni, 0.45% Cu, 2.04 g/t Pt, and 5.23 g/t Pd over 1.10 metres (see press release by Balmoral dated May 20, 2014).
Balmoral Resumes Drilling of Grasset Nickel-Copper-PGE Discovery, Quebec
Marketwire - Wed Jun 18, 6:30AM CDT
Balmoral Resources Ltd. (TSX: BAR) (OTCQX: BALMF) ("Balmoral" or the "Company" announced today that drilling to follow up the recent discovery of high-grade nickel-copper-PGE mineralization on the Company's wholly owned Grasset Property in Central Quebec has resumed. Drilling will initially focus on the further delineation of Horizon 3 which returned a high grade intercept of 1.79% Ni, 0.19% Cu, 0.42 g/t Pt and 1.04 g/t Pd over 45.28 metres starting at less than 100 metres vertical depth in hole GR-14-25 (see NR14-11; May 20, 2014). A series of 8-10 holes will test for lateral and vertical extensions of this near surface high-grade sulphide zone prior to additional testing of Horizons 1 and 2. All Zones remain open in all directions for near term expansion. It is anticipated that this phase of the Grasset program will take 3-4 weeks to complete.
Hi Ho Silver Resources (CSE:HHS) Acquiring Property Adjacent to Balmoral Resources' Nickel Discovery - George Sookochoff Produces 3D Model of Detour Gold Trend with Video Hosted on InvestmentPitch.com
Thomson Reuters ONE - Thu Jun 12, 4:59PM CDT
Vancouver, BC, June 12, 2014 - Hi Ho Silver Resources (CSE:HHS) announces agreement to acquire the 1,100 hectare Grasset Dome Property, adjacent to the recent nickel-copper-platinum group element Grasset discovery of Balmoral Resources.
Hi Ho Silver Resources Acquiring Property Adjacent to Balmoral Resources' Nickel Discovery - George Sookochoff Produces 3D Model of Detour Gold Trend with Video Hosted on InvestmentPitch.com
Newsfile Corp - Thu Jun 12, 4:55PM CDT
full story)
Balmoral Outlines Multiple Conductors, Resumes Drill Testing of Grasset Ni-Cu-PGE Discovery, Detour Gold Trend Project, Quebec
Marketwire - Wed Mar 19, 6:30AM CDT
Balmoral Resources Ltd. ("Balmoral" or the "Company" (TSX: BAR)(OTCQX: BALMF) announced that it has completed the field component of its large-loop surface and borehole EM surveys on the Company's Grasset Property and has resumed drill testing of the Grasset Ni-Cu-PGE discovery. This extensive zone of nickel-platinum-palladium (+/-copper) mineralization has been intersected over a 700 metre strike length in broadly spaced drilling and remains open in all directions. Balmoral announced the discovery of a high-grade massive sulphide portion of the system on March 4, 2014 with hole GR-14-17 returning 3.69% nickel, 0.23% copper, 1.23 g/t palladium and 0.53 g/t platinum over 1.46 metres within an 11.41 metre wide mineralized interval (see NR-14-07).
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 Completes Acquisition of 100% Ownership of Entirety of Grasset Ultramafic Complex
Marketwire - Thu Jul 31, 6:33AM CDT
Balmoral Resources Ltd. ("Balmoral" or the "Company"
(TSX: BAR) (OTCQX: BALMF) reported today that it has completed three property acquisition agreements which secure 100% ownership of the remaining 2.3 kilometres of projected strike extent of the Grasset Ultramafic Complex ("GUC" not previously held by the Company. The GUC hosts the Company's high-grade Grasset Nickel-Copper-PGE discovery 13.5 kilometres to the south of the properties acquired. As a result of today's acquisitions, Balmoral controls a 100% interest in a 23 kilometre long northwest-trending belt underlain by strongly magnetic rocks marking the Grasset Ultramafic Complex and potential extensions. In addition to nickel-copper-PGE mineralization the belt has confirmed potential for both gold and zinc-copper (VMS) discoveries. GTA Updates Progress on its Ontario Projects and Announces a Flow-Through Private Placement
Marketwire - Wed Jul 16, 7:03AM CDT
GTA Resources and Mining Inc. (TSX VENTURE: GTA) provides an update on its projects in Northern Ontario and outlines exploration plans for the second half of 2014. To supplement its present treasury of approximately $1.2 million, GTA also announces its intent to raise up to $500,000 in flow-through funds by completing a non-brokered private placement. The use of proceeds will be to carry out field work on GTA's three northern Ontario properties.
Balmoral Receives First Option Vesting Notice From GTA on Northshore Property, Ontario
Marketwire - Wed Jul 16, 6:30AM CDT
Balmoral Resources Ltd. ("Balmoral" or the "Company"
(TSX: BAR) (OTCQX: BALMF) reported today that it has received First Option Vesting Notice under the Northshore Property Agreement ( the "Agreement"; see NR11-17; July 27, 2011) from GTA Resources and Mining Inc. ("GTA" (TSX VENTURE: GTA). Under the terms of the Agreement GTA, who have been the operator on the property since 2011, have the right under the First Option to earn a 51% interest in the Northshore Property from Balmoral subject to making a series of cash and share payments and completing $2,500,000 in expenditures on the Property. Balmoral has received the required cash and share payments and is currently reviewing the expenditure statement provided by GTA which, if accepted, will trigger formal vesting of GTA's First Option Interest in the Property. The Company anticipates it will complete its review within the next 10-12 days. Balmoral Resumes Drilling of Martiniere Gold System, Detour Gold Trend Project, Quebec
Marketwire - Tue Jul 08, 6:30AM CDT
Balmoral Resources Ltd. (TSX: BAR) (OTCQX: BALMF) ("Balmoral" or the "Company"
announced today that drilling has resumed on the Company's wholly owned Martiniere Gold Project located along the Detour Gold Trend in Central Quebec. Drilling at Martiniere will initially focus on further testing of the southern segment of the Bug Lake Gold Zone following the success of the winter 2014 drill program in this area. This will be followed by further testing/infill drilling of the northern segment of the Bug Lake Zone which returned numerous strong intercepts including 1,138 g/t gold over 4.38 metres in the most recently completed phase of drilling (see NR14-10; May 12, 2014). Balmoral Resources Discovers Gold and Nickel, CEO Clip Video
Newsfile Corp - Mon Jun 30, 4:40PM CDT
full story)
Xmet Outlines Plans for Its 100% Owned Grasset Property which forms the Eastern Extension of Balmoral Resources' Grasset
Marketwire - Mon Jun 23, 9:05AM CDT
Xmet Inc. ("Xmet" or the "Corporation"
(TSX VENTURE: XME) is pleased to update its shareholders on its plans for its 100% owned Grasset Property which forms the eastern extension of Balmoral Resource's Grasset Project along the Detour-Sunday Lake Deformation Zone. Xmet's Grasset Project covers the south part of Grasset Lake and is accessible from Matagami via the Phelps Dodge Deposit road across the Allard River bridge using a winter forestry road. The Grasset Property consists of 114 claims covering a total of 6,326 hectares. Balmoral Resources' CEO Interviewed by BTV and The Gold Report
Marketwire - Thu Jun 19, 8:25AM CDT
With two 100%-owned, shallow, high-grade properties in Canada churning out results and millions of dollars in the bank to keep the drills turning, Balmoral Resources (TSX: BAR) (OTCQX: BALMF) is taking advantage of elevated nickel prices and a quiet junior mining backdrop to turn investor heads. In this interview with BTV and The Gold Report, President and CEO Darin Wagner shares his focus for moving both projects forward.
Midland Acquires New Property Near Balmoral's Ni-Cu-PGE Discovery on Grasset
Marketwire - Thu Jun 19, 7:31AM CDT
Midland Exploration Inc. ("Midland"
(TSX VENTURE: MD) is pleased to report the acquisition, by map designation, of a new property with strong gold and Ni-Cu-PGE potential, located about 5 kilometres south of the recent Ni-Cu-PGE and gold discovery made by Balmoral Resources Ltd ("Balmoral" on the Grasset project. Recently, Balmoral announced the discovery of a high-grade Ni-Cu-PGE zone, with values up to 1.79% Ni, 0.19% Cu, 0.42 g/t Pt, and 1.04 g/t Pd over 45.28 metres including an interval grading 10.6% Ni, 0.45% Cu, 2.04 g/t Pt, and 5.23 g/t Pd over 1.10 metres (see press release by Balmoral dated May 20, 2014). Balmoral Resumes Drilling of Grasset Nickel-Copper-PGE Discovery, Quebec
Marketwire - Wed Jun 18, 6:30AM CDT
Balmoral Resources Ltd. (TSX: BAR) (OTCQX: BALMF) ("Balmoral" or the "Company"
announced today that drilling to follow up the recent discovery of high-grade nickel-copper-PGE mineralization on the Company's wholly owned Grasset Property in Central Quebec has resumed. Drilling will initially focus on the further delineation of Horizon 3 which returned a high grade intercept of 1.79% Ni, 0.19% Cu, 0.42 g/t Pt and 1.04 g/t Pd over 45.28 metres starting at less than 100 metres vertical depth in hole GR-14-25 (see NR14-11; May 20, 2014). A series of 8-10 holes will test for lateral and vertical extensions of this near surface high-grade sulphide zone prior to additional testing of Horizons 1 and 2. All Zones remain open in all directions for near term expansion. It is anticipated that this phase of the Grasset program will take 3-4 weeks to complete. Hi Ho Silver Resources (CSE:HHS) Acquiring Property Adjacent to Balmoral Resources' Nickel Discovery - George Sookochoff Produces 3D Model of Detour Gold Trend with Video Hosted on InvestmentPitch.com
Thomson Reuters ONE - Thu Jun 12, 4:59PM CDT
Vancouver, BC, June 12, 2014 - Hi Ho Silver Resources (CSE:HHS) announces agreement to acquire the 1,100 hectare Grasset Dome Property, adjacent to the recent nickel-copper-platinum group element Grasset discovery of Balmoral Resources.
Hi Ho Silver Resources Acquiring Property Adjacent to Balmoral Resources' Nickel Discovery - George Sookochoff Produces 3D Model of Detour Gold Trend with Video Hosted on InvestmentPitch.com
Newsfile Corp - Thu Jun 12, 4:55PM CDT
full story)
Balmoral Outlines Multiple Conductors, Resumes Drill Testing of Grasset Ni-Cu-PGE Discovery, Detour Gold Trend Project, Quebec
Marketwire - Wed Mar 19, 6:30AM CDT
Balmoral Resources Ltd. ("Balmoral" or the "Company"
(TSX: BAR)(OTCQX: BALMF) announced that it has completed the field component of its large-loop surface and borehole EM surveys on the Company's Grasset Property and has resumed drill testing of the Grasset Ni-Cu-PGE discovery. This extensive zone of nickel-platinum-palladium (+/-copper) mineralization has been intersected over a 700 metre strike length in broadly spaced drilling and remains open in all directions. Balmoral announced the discovery of a high-grade massive sulphide portion of the system on March 4, 2014 with hole GR-14-17 returning 3.69% nickel, 0.23% copper, 1.23 g/t palladium and 0.53 g/t platinum over 1.46 metres within an 11.41 metre wide mineralized interval (see NR-14-07). 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. 
