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:

Haywood Securities (1/21/16)
"Balmoral Resources Ltd. recently completed its summer/fall drill program; major milestones from the program include successfully extending the H3 zone at Grasset to a depth of over 500m and infill drilling at Martiniere outlining potential for a starter pit along the Bug Lake Trend. The company is cashed up and preparing to advance both projects in 2016. . .with drilling expected to start in late January. A maiden resource estimate for Grasset is expected in Q1/16."

Eric Lemieux, PearTree Securities (1/19/16)
"In 2015, Balmoral Resources Ltd. made progress on several fronts in regard to its Grasset Ni-Cu-PGE zones and Bug Lake gold zones and was able to advance both projects. . .we anticipate continued greenfield exploration along the company's extensive land package within the Detour Trend project. . .Balmoral is in a good situation of having two expanding, delineation-stage mineral Au and Ni-Cu-PGE deposits and good blue sky exploration potential."

Philip Ker, PI Financial (1/11/16)
"We continue to see future value and deposit expansion that are yet to be unlocked from Balmoral Resources Ltd.'s Grasset nickel discovery in Quebec. The company is well funded for exploration through the 2016 winter drilling season, and we anticipate maiden resource estimates to be delivered from both of its discoveries made within the vicinity of its camp (Grasset and Bug Lake)."

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/17/15)
"The latest word from Balmoral Resources Ltd.'s Martiniere gold project is that metallurgical testing of its Bug Lake gold zones has demonstrated strong recoveries are possible. . .meanwhile, at the Grasset nickel project, drilling has encountered a high-grade sulfide vein-breccia system. . .there's still room on our list for high-potential stories like those developing at Grasset and Martiniere. Balmoral remains a Hold."

Haywood Securities (12/11/15)
"Balmoral Resources Ltd. released preliminary metallurgical test results from the Bug Lake gold trend, part of its Martiniere project in Quebec. . .suggesting that the blending of material from different zones along the Bug Lake trend achieves high recoveries, utilizing a moderately coarse grind with no apparent concerns over deleterious elements. This represents a good start for the company, which plans on conducting follow-up test work soon, where fine-tuning of the test parameters may return even higher recoveries or similar recoveries at a coarser grind."

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."

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
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Kevin MacKenzie, Analyst – Salman Partners
Gwen Preston, Founder Resource Maven
Lawrence Roulston – Quintana Resources Capital ULC
Jay Taylor, Author Gold, Energy & Tech Stocks

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.