• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    nickel investing

    Balmoral Expands Gargoyle Nickel-Copper-Cobalt Property by 1600 Percent

    Scott Tibballs
    Sep. 06, 2018 08:54AM PST
    Base Metals Investing

    The release said that the staking includes the acquisition of two new properties – Goblin and Ghost.

    Balmoral Resources (TSX:BAR) has announced that it has staked an additional 697 claim units in the Lumby Lake greenstone belt in Ontario. The newly acquired claims increase Balmoral’s holdings in the belt by more than 16x, making it the dominant land holder.

    The release said that the staking includes the acquisition of two new properties – Goblin and Ghost. The expanded land position covers all or portions of at least 21 mapped and interpreted ultramafic volcanic and intrusive bodies, only one of which has ever been drill tested.

    President and CEO of Balmoral, Darin Wagner said:

    “The recent discovery of magmatic nickel-copper-cobalt sulphide mineralization on the Gargoyle property enhances the potential for the extensive suite of ultramafic rocks in the Lumby Lake belt to source additional nickel sulphide discoveries. This in an area with obvious logistical advantages to most of the current nickel sulphide focused exploration efforts globally. We are very excited to be the “first mover” in this belt following the discoveries and to have secured the vast majority of the prospective ultramafic sequence.”

    Click here to read the full Balmoral Resources (TSX:BAR) press release.

    nickel investingbalmoral resources
    The Conversation (0)

    Go Deeper

    AI Powered
    Bold Ventures (TSXV:BOL)

    Bold Ventures

    Noble Mineral Exploration

    Noble Mineral

    Latest News

    Auking Completes A$5m Riverfort Facility

    Juggernaut Samples up to 256.60 g/t Or 8.25 oz/t Gold and Identifies 4 New Gold-Rich Zones that Remain Wide Open and are Drill Ready within the Highway of Gold Corridor on the Big One Property, Golden Triangle, B.C.

    Sun Summit Drills 78.0 Meters of 3.72 g/t Gold Including 19.1 Meters of 7.50 g/t Gold at the JD Project, Toodoggone District, B.C.

    Trading Halt

    Shallow High-Grade Gold Intercepts Confirm Growth Upside

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    FPX Nickel

    FPX:CA

    Ni-Co Energy

    Noble Mineral

    NOB:CA
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×