Canadian Mining Journal

News

GOLD: Balmoral intersects more than 1-kg/t over almost 5 metres in Bug Lake footwall

QUEBEC – Vancouver-based Balmoral Resources has drilled an almost unbelievable 1,138 g/t Au (33 oz/ton) over 4.87 metres in the Bug Lake footwall zone at its Martiniere property that lies along the Detour Gold Trend. Now for the property...



QUEBEC – Vancouver-based Balmoral Resources has drilled an almost unbelievable 1,138 g/t Au (33 oz/ton) over 4.87 metres in the Bug Lake footwall zone at its Martiniere property that lies along the Detour Gold Trend. Now for the property record – 9,710 g/t Au (312 oz/ton) over 0.57 metres from within that intersection.

The Bug Lake zone has now been extended to 400 metres vertically with a core section over 14.53 metres that graded 8.25 g/t Au. There is also a new “steep” section to the south that returned 9.35 g/t over 5.17 metres.

Gold mineralization in the Bug Lake area is associated with disseminated pyrite mineralization, said Balmoral, with the high and bonanza grades frequently containing abundant fine free gold.

Plans for the summer drilling program are not yet finalized.

Read the entire May 12, 2014, news release for all the results of the winter drilling program. It is posted at BalmoralResources.com.