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:

Peter Campbell, Mackie Research Capital (5/26/15)
"Balmoral Resources Ltd. has today released exploration drill results on four holes targeting the Grasset ultramafic complex approximately 4 km to the northwest of its original nickel-platinum group metals (PGM) discovery. . .the gold intersection occurs within a newly discovered shear zone. . .the two nickel holes confirm that the Grasset ultramafic complex is widely mineralized with nickel-PGM mineralization along a significant portion of its length."

Peter Campbell, Mackie Research Capital (5/26/15)
"We are initiating coverage on Balmoral Resources Ltd. . .the company offers a compelling opportunity for investors looking for a successful, early-stage explorer which has demonstrated its ability to deliver results. With the wealth of discoveries it has made for gold, nickel, platinum group metals and base metals (i.e., volcanogenic massive sulfide), Balmoral has a rainbow of options open to it for its future success."

Eric Lemieux, PearTree Securities Inc. (5/14/15)
"Balmoral Resources Ltd.'s drill results in the core of the northern segment of the Bug Lake system suggest the shallow and high-grade nature of the Footwall zone. . .the company controls one of the largest land positions in this sector of the Abitibi greenstone belt and we believe there are more areas of fertile polymetallic mineralization along the Detour Gold Trend, as attested by the 58N zone of Detour Gold along the Lower Detour. . .we understand that ~9 remaining infill holes on Martinière’s Bug Lake northern segment zone remain pending and should continue to better define the sigmoid south plunging cigars and the near-surface potential of the Bug Lake zone."

Brien Lundin, Gold Newsletter (Jefferson Financial) (5/1/15)
"Balmoral Resources Ltd. has completed a winter drill program at Martiniere. . .results amply demonstrated the remarkable grades that the target's Footwall and Hanging Wall zones can carry. . .between this program and the winter program the company conducted on its Grasset nickel-copper-PGE property. . .Balmoral should have ample news flow in the next few weeks. These two properties remain exciting targets in a historically productive section of Quebec. Together, they help make Balmoral one of the most attractive exploration plays on our list. It’s a Buy."

James Kwantes, Resource Opportunities (5/1/15)
"On Apr. 20, Balmoral Resources Ltd. announced results from the first nine drill holes on its wholly-owned Martiniere property east of Detour Gold Corp.'s mine, and there were some nice high-grade hits. Hole MDE-15-166 intersected 19.55 g/t gold over 44.45m, including 34.84 g/t gold over 24.14m, and MDE-15-73 hit 4.28 g/t gold over 53.78m. The company also hit some strong base-metals mineralization that it associates with the adjacent Martiniere East volcanogenic massive sulfide system. . .Detour Gold is the natural suitor. . .but if it is not interested, I expect other majors active in the Abitibi greenstone belt are paying attention."

Wayne Hewgill, Haywood Securities (4/27/15)
"Balmoral Resources Ltd. announced results from the first nine holes drilled on the Bug Lake trend on the company's Martiniere project in northern Quebec. . .highlights from the Footwall zone returned 44.45m grading 19.55 g/t Au including 24.14m of 34.84 g/t Au. . .starting at a depth of 87.7m, drilling returned a zone of mineralization including both the Bug Lake and Footwall zones averaging 4.28 g/t Au over 54.78m. . .additional drilling is expected to assist in the understanding of the structural environment. . .the 2015 drill campaign has focused on expansion and delineation of the near-surface potential of the Bug Lake zone."

More Expert Comments

Experts Commenting on This Company

Peter Campbell, Analyst – Mackie Research Capital
Mick Carew, Analyst – Haywood Securities
Wayne Hewgill, Analyst – Mackie Research Capital
Stefan Ioannou, Mining Analyst – Haywood Securities
Philip Ker, Mining Analyst – PI Financial
Byron King, Editor – Agora Financial
James Kwantes Resource Opportunities
Eric Lemieux, Analyst – PearTree Securities Inc.
Thibaut Lepouttre, Editor Caesars Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Kevin MacKenzie, Analyst – Salman Partners
Simon Moores, Manager – Industrial Minerals
Björn Paffrath, Director – Stabilitas-Fonds
Lawrence Roulston Resource Opportunities
Jordan Roy-Byrne, Editor/CMT The Daily Gold
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.
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