The Rocher Ultramafic properties cover four ultramafic intrusions belonging to the intrusive suite which hosts the nearby Lac Rocher nickel-copper deposit.
Balmoral Resources (TSX:BAR) announced today (September 20) that it has acquired, by staking, four new nickel sulphide exploration properties in the Lac Rocher district in Quebec.
According to Balmoral, the Rocher Ultramafic (RUM) properties cover four ultramafic intrusions belonging to the intrusive suite which hosts the nearby Lac Rocher nickel-copper deposit. Three of the four intrusions have never been drill tested and the fourth has only been tested by a single hole.
As quoted in the press release:
Importantly, the properties staked by Balmoral feature a number of airborne EM anomalies from widely spaced, historic government geophysical surveys. These EM anomalies represent potential massive nickel-copper sulphide targets, directly associated with, or proximal to, the magnetic highs marking the ultramafic intrusions. There is no record of these EM anomalies having been drill tested on any of the properties acquired.