Balmoral Resources Ltd. (TSXV:BAR,OTCQX:BALMF) announced that drilling at the Bug Lake area of its Quebec-based Detour gold trend project returned further high-grade intercepts, including 6.73 meters grading 23.82 g/t gold from a vertical depth of 25 meters.
As quoted in the press release:
Drilling continues to confirm the continuity of at least three closely spaced, high-grade gold zones, the Footwall, Bug Lake and Hanging Wall Zones, within the Bug Lake Fault corridor. The Bug Lake Zone continues to demonstrate good overall widths including intercepts of 8.54 g/t gold over 19.08 metres and 1.98 g/t gold over 44.48 metres, frequently with higher grade sub-intercepts. The Hanging Wall Zone, located approximately 60 metres east of the Bug Lake Zone, continues to return high grade values including 36.01 g/t gold over 2.07 metres from hole MDE-12-70.
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