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Balmoral Resources Ltd.

Balmoral Resources Ltd. is a Vancouver-based precious metal exploration and development company focused on the delineation of both high-grade gold and nickel-copper-PGE discoveries on its wholly owned Detour Gold Trend project in Quebec, Canada. With a philosophy of creating value through the drill bit and with a focus on proven productive precious metal belts, Balmoral is following an established formula with a goal of maximizing shareholder value through the discovery and definition of high-grade gold and base metal assets.

Expert Comments:

"I don't formally cover Balmoral Resources Ltd. but I have participated in recent site visits to its operations. . .most investors in the junior exploration and development space should know of Balmoral President and CEO Darin Wagner. He has an excellent track record, particularly within the Abitibi Greenstone and Timmins mining camps. Balmoral's Grasset nickel discovery is on its way to becoming a world-class asset. With no formal resource established yet to date, back of the envelope calculations put the deposit at about 6–7 Mt with broad intercepts consisting of favorable underground mining widths and nickel grades averaging ~1.4% , plus strong platinum group elements, elevated copper and gold by-product credits. Grasset could rise above 10 Mt once the company drills further targets at depth and along strike. Late in 2014, Balmoral completed an extensive airborne electromagnetic survey and is set to initiate its winter drilling program, where management plans to drill test ~15 new electromagnetic anomalies containing similar signatures to Grasset. Should an additional system be discovered, Balmoral is off to the races. Furthermore, investors have gold exposure with Balmoral's Martiniere property, a high-grade system just west of Grasset. There are definitely multiple avenues with blue-sky potential when considering Balmoral." read more >

"Balmoral Resources Ltd. has benefitted recently from investment by smart, contrarian investors." read more >

Eric Lemieux, PearTree Securities Inc. (2/3/15)
"On Feb. 2, 2015 Balmoral Resources Ltd. reported that it has agreed to option the N2 project to Wealth Minerals Ltd. . .the company may continue to apply the prospector-generator model that we believe is a sound strategy to advance secondary projects, allowing Balmoral to remain active with advanced exploration work and maintain constant news flow."

"Balmoral Resources Ltd. is a notable small-cap, high-grade name. . .Balmoral's project portfolio includes the high-grade Grasset deposit in Quebec, where massive sulphide mineralization remains open in multiple directions and drilling is set to resume." read more >

Eric Lemieux, PearTree Securities Inc. (1/26/15)
"With important land positions along the Detour Gold Trend, we believe Balmoral Resources Ltd., Midland Exploration Inc. and Adventure Gold Inc. have this emerging polymetallic mineralized trend covered and any success from one should radiate to the other. . .a busy winter season by Balmoral could lead to mineral deposit delineation. . .we anticipate the company to complete a mineral resource estimate on Grasset Ni-Cu by year-end and expect a 10 Mt target."

Haywood Securities (1/26/15)
"2104 was a transitional year for Balmoral Resources Ltd., highlighted by the discovery of the Grasset Ni-Cu-PGE deposit about 50 km to the east of its Martiniere gold project. . .Grasset is a new discovery with significant exploration/expansion potential. . .the company has designed a $3.5–4M drill program for Grasset."

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