• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • 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 Resumes Expansion Drilling of the Grasset Nickel-Copper-Cobalt-PGE Deposit

    Scott Tibballs
    Oct. 05, 2018 09:00AM PST
    Base Metals Investing

    The company has expanded the Grasset portion of the summer-fall drilling program which will increase the planned program to over 11,000 metres in total.

    Balmoral Resources (TSX:BAR) has announced that drilling on the Grasset and adjacent Fenelon properties in Quebec, focused on the continued evaluation of the nickel-copper-cobalt-PGE potential of the Grasset Ultramafic Complex, commenced during the last week of September.

    The company said a second drill has now been added and has commenced drilling. The company has expanded the Grasset portion of the summer-fall drilling program which will increase the planned program to over 11,000 metres in total.

    President and CEO of Balmoral, Darin Wagner said:

    “Three years ago we suspended expansion drilling on the Grasset deposit and exploration drilling within the broader GUC following the dramatic crash of the nickel price. Today with the strengthening of the nickel market and the outlook for increasing demand for nickel sulphide deposits to help meet the burgeoning electric vehicle battery market, we are excited to return to the evaluation of the Grasset deposit and nearby discoveries. This new nickel sulfide belt is in its infancy from an exploration perspective and Balmoral controls it in its entirety.”

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

    tsx:barnickel investingbalmoral resources
    The Conversation (0)

    Go Deeper

    AI Powered
    Group Eleven Resources

    Group Eleven Resources

    Neon battery over the city of Toronto's skyline.

    Top 11 Battery Metals Stocks on the TSX and TSXV

    Latest News

    Sinomine and Cobre Execute Investment Agreement in Botswana

    Cobre Limited: Unlocking Copper and Critical Minerals for a Low-carbon Future

    Bold Ventures Receives Exploration Permits for the Burchell Gold Copper Project and Highlights Ring of Fire News

    Heritage Mining Provides Exploration and Melba Project Update

    Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire

    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

    Magna Mining

    NICU:CA

    Power Nickel

    PNPN:CA
    More featured stocks

    Browse Companies

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