Balmoral Extends Grasset Horizon Discovery to over 480 Metres Along Strike

Balmoral Resources Ltd. (TSX: BAR) announced it is targeting extensions of the Horizon 3 Ni-Cu-PGE discovery and additional nickel targets within the Grasset Ultramafic Complex, located on Detour Trend Project in Quebec.

As quoted in the market news,

Hole GR-15-73 was drilled into a sparely tested portion of Horizon 3 to gain additional geological information prior to deeper testing of the zone. The hole returned a 15.23 metre wide intercept of Horizon 3 style mineralization, including a high grade core highlighted above. Drilling continues along the Grasset Trend with 3 drills.

Darin Wagner, President and CEO of Balmoral, stated:

We are pleased to see the continued expansion of the Horizon 3 discovery and additional indications of similar nickel-copper-PGE mineralization along the Grasset Trend. Like our original discovery hole at Grasset, the new discoveries 6.5 kilometres to the northwest can hopefully provide vectors to the discovery of additional, higher grade, Horizon 3 like zones.

Click here for the full Balmoral Resources Ltd. (TSX: BAR) press release