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Balmoral Resources Exploration Update
Posted on Thursday November 15, 2018
OTCQX: BALMF) provided an update on the fall 2018 exploration program on its Detour Gold Trend Project in Quebec, along with updates on activities on its other exploration properties in Ontario and Quebec, Canada. Drilling continues with two drills still active on Balmoral’s Grasset and Fenelon properties in Quebec targeting nickel-copper-cobalt-platinum-palladium mineralization within the Grasset Ultramafic Complex (“GUC”). Approximately 2,500 metres of drilling has been completed to date as part of the 2018 resource expansion program at Grasset.
Balmoral Announces Agreement to Sell Fenelon Mine Property Royalty
Posted on Wednesday October 10, 2018
OTCQX: BALMF) announced today that it has entered into a letter agreement to sell the 1% Net Smelter Returns royalty (the “Royalty”) that the Company currently holds on the Fenelon Mine Property in Quebec.
Balmoral Resumes Expansion Drilling of the Grasset Nickel-Copper-Cobalt-PGE Deposit
Posted on Thursday October 04, 2018
OTCQX: BALMF) is pleased to announce that drilling on the Grasset and adjacent Fenelon properties, focused on the continued evaluation of the nickel-copper-cobalt-PGE potential of the Grasset Ultramafic Complex (“GUC”), commenced during the last week of September. 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. “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.
Balmoral Acquires Four New Nickel-Copper Sulphide Exploration Properties; Lac Rocher Region, Quebec
Posted on Thursday September 20, 2018
OTCQX: BALMF) announced today that it has acquired, by staking, four new nickel sulphide exploration properties in the Lac Rocher District in Quebec. The Rocher Ultramafic (RUM) properties cover four ultramafic intrusions belonging to the intrusive suite which hosts the nearby Lac Rocher nickel-copper deposit.