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:

Gwen Preston, Resource Maven (11/18/15)
"Balmoral Resources Ltd. gets the nod as the drill result of the week, reporting an intercept from the Grasset project that extended the high-grade core of the H3 nickel zone 150m down-dip. . .the company will return to Grasset with drills in January and work to expand H3 while also probing a list of nickel-copper-PGE targets along the trend. Those targets, extending along a district-scale trend and bolstered by what Balmoral has already discovered at H3, represent a significant nickel exploration story. . .moreover, Grasset is just one side of the Balmoral story."

Mick Carew, Haywood Securities (11/16/15)
"Balmoral Resources Inc. released drill assay results from its Grasset nickel-copper-PGE project in Quebec. . .today's results demonstrate the potential for very high grade nickel-copper-PGE mineralization at depth within the H3 zone. . .the presence of massive to semi-massive vein-breccia intervals at depth that cut the ultramafic host at various angles suggests the presence of a 'feeder-type' zone, which could increase the overall grade. . .today's results yielded assay results ranging from 6.34% to 18.95%—the highest grade nickel assays to date from Grasset, all of which will be included in an initial resource estimate expected in Q1/16."

Philip Ker, PI Financial (11/16/15)
"Balmoral Resources Ltd. announced positive exploration drill results targeting at-depth Ni-Cu-PGE mineralization at the H3 zone on its flagship Grasset project. . .today's batch of assays further supports our thesis of a growing resource base while mineralization remains open at depth after encountering a high-grade interval which expanded mineralization 50m down dip."

Brien Lundin, Gold Newsletter (Jefferson Financial) (11/13/15)
"Balmoral Resources Ltd. announced drill results from its summer/fall drill program on its Martiniere property. . .highlights from the program included hole 200, which returned three high-grade intercepts at depth (32.1 g/t gold over 0.81m, 12.4 g/t gold over 1.03m and 13.95 g/t gold over 0.6m). . .the company is raising money for another exploration season by completing up to a CA$4.5M flow-through financing."

"At the 2014 Association Exploration Minière du Québec convention, the Discovery of the Year award (previously termed the Prospector of the Year award) was given to Balmoral Resources Ltd., with the Grasset nickel-copper-PGE discovery. And the 2013 winner was the company’s Martiniere/Bug Lake gold discovery. . .I still envision an 8 Mt deposit at Grasset, with the possibility of it being even bigger. . .the fact that metallurgical studies suggest that the high-grade mineralization doesn't have too many deleterious elements is a positive. The maiden resource estimate should come out eventually before Q1/16, but a ballpark figure of 10 Mt is not bad for a project that is well located. CEO Darin Wagner and his team have maintained good relationships with the nearby First Nations communities. It's about 65km from the railhead at Matagami and it's in Québec, which has good mining legislation. All in all, it's a project for either an acquisition or to bring to another level. There is always potential for other deposits in that ultramafic complex." read more >

Mick Carew, Haywood Securities (11/3/15)
"Balmoral Resources Ltd. released drill assay results from its summer/fall 2015 exploration program at the company's 100%-owned Martiniere property in Quebec. . .highlighting the potential to expand the strike extent of gold mineralization within both the northern (at depth) and southern segments of the Bug Lake trend. . .a maiden NI-43-101-compliant resource estimate is expected for the Martiniere gold system (Martiniere West and Bug Lake) in Q2/16."

More Expert Comments

Experts Following This Company

Barry Allan, Vice Chair of Mining Group, and Senior Mining Analyst – Mackie Research Capital
Peter Campbell, Analyst – Mackie Research Capital
Mick Carew, Analyst – Haywood Securities
Adrian Day, Founder – Adrian Day Asset Management
Wayne Hewgill, Analyst – Mackie Research Capital
Stefan Ioannou, Mining Analyst – Haywood Securities
Louis James, Analyst – Casey Research
Philip Ker, Mining Analyst – PI Financial
James Kwantes Resource Opportunities
Eric Lemieux, Analyst – PearTree Securities
Thibaut Lepouttre, Editor Caesars Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Kevin MacKenzie, Analyst – Salman Partners
Gwen Preston, Founder Resource Maven
Lawrence Roulston – Quintana Resources Capital ULC
Jordan Roy-Byrne, Editor/CMT The Daily Gold
Jay Taylor, Author Gold, Energy & Tech Stocks

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