Balmoral Intersects 7.94 g/t Gold Over 19.70 Metres BL Footwall Zone, Martiniere Property, Quebec
Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE:BAR)(OTCQX:BALMF) reported today results from the first 3 of 20 holes drilled in the Bug Lake area of its Martiniere Property during the recently completed Fall 2012 drill program. Results include further confirmation of the very high grade nature of the Bug Lake Footwall Zone. Hole MDE-12-65 returned anomalous gold mineralization over an interval of 81.00 metres, including a high-grade Footwall intercept of 7.94 g/t gold over 19.70 metres. As with other previous intercepts from the Footwall Zone, this broader interval contains a sulphide-rich core which returned 21.18 g/t gold (0.62 oz/ton) over 6.45 metres (21.16 feet). The core of this intercept occurs at approximately 50 metres vertical depth.
- Published: 09 November 2012
- Written by Editor