Balmoral Resources (TSX: BAR; US-OTC: BALMF) has discovered several new nickel sulphide zones in the central part of its Grasset Ultramafic complex in Quebec after drilling the area during its fall 2018 exploration program. The new discoveries sit 7 km northwest of the company’s Grasset polymetallic deposit.
Highlights from the area include 1.05% nickel, 0.31% copper, 0.05% cobalt, 0.2 grams platinum and 0.48 grams palladium over 7.6 metres from 632 metres downhole, as well as 0.31% nickel over 42 metres from 180 metres downhole.
Balmoral discovered the Grasset deposit in 2013 and would go on to table a maiden resource for it in 2016.
Per that report …
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