The Conversation (0)
Balmoral Resources Ltd. (TSX:BAR,OTCQX:BALMF) announced the final results of the 2014 summer drill program at its Quebec-based Martiniere property.
Balmoral Resources Ltd. (TSX:BAR,OTCQX:BALMF) announced the final results of the 2014 summer drill program at its Quebec-based Martiniere property.
As quoted in the press release:
Results from 13 holes along the Bug Lake Trend were reported, 7 from the northern extension of the Trend and 6 from the fault offset area which separates the northern and southern segments of the Bug Lake Gold Zone. Highlights include the extension of the Bug Lake Trend by 250 metres to the north-northwest, discovery of high-grade gold mineralization in a new, east-west trending (Sunday Lake parallel) deformation zone and a near surface intercept of 14.78 g/t gold over 2.66 metres from the northern extension of the Hanging Wall sub-zone.
Darin Wagner, president and CEO of Balmoral, commented:
The discovery of high-grade, quartz-vein hosted, gold mineralization in two locations over 2,500 metres apart along the new northern deformation corridor opens up yet another avenue for gold exploration in the Martiniere area. It also provides important information concerning the structural architecture of the Martiniere area and highlights a number of additional target areas that have never seen a drill bit.
Click here to read the full Balmoral Resources Ltd. (TSX:BAR,OTCQX:BALMF) press release.