Balmoral Further Extends Horizon 3 Zone at Grasset Property

Balmoral Resources Ltd. (TSX:BAR,OTCQX:BALMF) released the final results from the summer/fall drill program at its Quebec-based Grasset property.

Drilling at the Horizon 3 discovery should begin again in January 2015.

As quoted in the press release:

Drilling has now extended the Horizon 3 Ni-Cu-PGE Zone to a depth of 400 vertical metres, and confirmed 400 metres of strike extent along Horizon 3 with the zone remaining open to depth and along strike. Results were highlighted by hole GR-14-62 which returned 57.11 metres grading 1.03% Ni, 0.13% Cu, 0.20 g/t Pt and 0.55 g/t Pd, including 16.87 metres grading 1.42% Ni, 0.21% Cu, 0.29 g/t Pt and 0.90 g/t Pd. This interval also includes a very high grade massive sulphide intercept which yielded 9.88% Ni, 2.33% Cu, 2.45 g/t Pt and 6.13 g/t Pd over 0.41 metres.

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