Balmoral Resources Ltd.

Balmoral is a well-funded, Canadian-based company actively delineating and expanding a series of high-grade gold deposits on its Martiniere Property located within the prolific Abitibi greenstone belts in Quebec, Canada. The Martiniere Property is just one of several large, highly prospective properties comprising the Company’s wholly owned, 1,000 km2 Detour Gold Trend Project.

Employing an aggressive, drill focused exploration style in one of the world’s preeminent mining jurisdictions, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery and definition of high-grade, Canadian gold and base metal assets.

Expert Comments:

Philip Ker, PI Financial (12/8/17)
"Balmoral Resources Ltd.'s expansion efforts continue to target deeper extensions of the Lower zone, which is one of two key zones comprising the Bug South deposit; positive high-grade intercepts demonstrated the Lower zone now contains a vertical depth of >400m. Highlight intervals announced today from at depth from the Lower zone of Bug South include 10.62m grading 4.52 g/t gold, including 2.14m grading 17.58 g/t gold."

"I like Balmoral Resources Ltd. It's got a serially successful team doing what it does best in the area it knows best with several significant discoveries already in hand. The company is well financed and working away on crossing that threshold of making a discovery big enough to get the market's attention. These are people who have done it before. That doesn't guarantee they'll do it again. But if there's a way to bet on exploration, it's to go with people who've done it before. Balmoral isn't a prospect generator, however. It is the right guys doing the right thing in the right address. It's elephant country and these are elephant hunters, so I like it." read more >

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/1/17)
"Balmoral Resources Ltd. released a series of assays that indicate a new discovery (Bug NW) along the Bug gold trend that transects its Martiniere property in Quebec. The highlight hole from that effort came from hole 297A, which cut 67.4m of 1.02 g/t gold; overall, four holes encountered significant widths with solid gold grades near surface at Bug NW."

As the drills turn in Quebec this summer, the results released by one explorer are gaining the attention of several experts.
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Philip Ker, PI Financial (7/12/17)
"Balmoral Resources Ltd. announced the final batch of assay results from its spring drilling efforts on the Martiniere property on its Detour gold trend. . .today's results continue to support the opportunities for expansion while mineralization remains open in several directions including at depth down plunge. . .we remain keen on the potential being outlined at Bug South."

Brien Lundin, Gold Newsletter (Jefferson Financial) (7/1/17)
"Drilling continues to generate news flow from Balmoral Resources Ltd.'s Martiniere property. . .the picture of a large, dispersed area of gold deposits continues to develop at Martiniere. It will take more drilling to move the needle here, but Balmoral is definitely a company worth watching in the months ahead."

Philip Ker, PI Financial (6/27/17)
"Balmoral Resources Ltd. announced that it has commenced its summer/fall exploration campaign across its Detour Gold trend where it plans to complete 20,000m of drilling. Efforts will focus on expansion and delineation of the various Bug Lake deposits and follow-up on recent near-surface discoveries made across the property."

More Expert Comments

Experts Following This Company

Barry Allan, Vice Chair of Mining Group, and Senior Mining Analyst – Mackie Research Capital
Gary Baschuk – Raymond James
Mick Carew, Analyst – Haywood Securities
Louis James, Editor – Casey Research
Philip Ker, Mining Analyst – PI Financial
Byron King, Editor – Agora Financial
Brien Lundin, Author Gold Newsletter (Jefferson Financial)

The information provided above is from analysts, newsletters, the company and other contributors.

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