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Balmoral Resources just scratching the surface at Martiniere

Balmoral Resources Limited (TSE:BAR) owns a suite of properties on the Abitibi gold belt, which, as Darin Wagner, president and chief executive officer, explains, has a long history of high grades.

“That’s exactly what we’re seeing,” Wagner told Proactive after the company unveiled the latest grades from drill holes at the evocatively named Bug South. In total there are now three established near-surface gold deposits on Balmoral’s wider Martiniere property, within a relatively tight area. That gives the company a lot of options within a relatively tight area, Wagner said, “and we’ve only just scratched the surface”, he added.

Quick facts: Balmoral Resources Ltd

Price: 0.215 CAD

TSX:BAR
Market: TSX
Market Cap: $36.3 m
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Balmoral Resources' Darin Wagner looking ahead to an 'exciting & busy...

Darin Wagner, chief executive and president at Balmoral Resources Ltd (TSE:BAR, OTCQX: BALMF) tells Proactive they're continuing to see more good results from recent drilling at their Detour Gold trend project in Quebec. There the Bug South deposit has now been extended to a depth of...

on 19/7/17

2 min read