Balmoral confirmed the discovery of high-grade nickel-copper-PGE mineralization associated with the previously highlighted (see NR14-09, April 30, 2014) net textured sulphide zone in hole GR-14-25. The net textured zone, one of four mineralized intervals in the hole, returned a near surface intercept of 1.79% nickel, 0.19% copper, 0.42 g/t platinum and 1.04 g/t palladium over 45.28 metres. This high-grade interval is capped by, and includes, 1.11 metres of massive to semi-massive sulphide which returned 10.60% Ni, 0.45% Cu, 2.04 g/t Pt and 5.23 g/t Pd, confirming the potential for very high grade nickel and PGE values within the system.
Click on this link: http://news.balmoralresources.com/press-releases/balmoral-confirms-high-grade-ni-cu-pge-mineralization-over-45-28-metres-on-new-h-tsx-bar-11g015934-001 to go to Balmoral’s website for the full news release.
Nancy Massicotte