Balmoral Resources TSX “BAR” Intersects 1,138 g/t (33 oz/ton) Gold Over 4.87m, Bug Lake Footwall Zone, Detour Gold Trend Project, Quebec
- Extends Bug Lake Zone to 400 metres vertical depth, high grade intercept of 8.25 g/t gold over 14.53 metres
- Intersects 9.35 g/t over 5.17 metres – new high-grade “steep” section, south extension
Balmoral Resources Ltd. (TSX: BAR; OTCQX: BALMF) today reported the results of the winter 2014 drill program on the Company’s wholly owned Martiniere Property. Results are highlighted by an intercept of 1,138 g/t (33 oz/ton) gold over 4.87 metres from the Bug Lake Footwall Zone, which includes a property record intercept of 9,710 g/t (312 oz/ton) over 0.57 metres. This intercepts sits within a 71.05 metre wide gold mineralized interval cutting the Footwall and Bug Lake Gold Zones. This high-grade intercept and others in today’s release continue to emphasize the high to bonanza-grade nature of the Bug Lake Footwall Zone. Holes MDE-14-143 and -144 also successfully extended the Bug Lake and related gold zones to a vertical depth of 400 metres, including an intercept of 8.25 g/t gold over 14.53 metres associated with the lower steep. The Zones remain open below this depth for potential expansion.
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