Balmoral Intersects 57.88 Metres Grading 1.85% Ni, 0.21% Cu, 0.40 g/t Pt and 0.97 g/t Pd; Highest Grade Hole to Date at Grasset
VANCOUVER, BC--(November 26, 2014) - Balmoral Resources Ltd. (BAR.TO) (BALMF)
Massive Sulphide Interval Returns 14.96% Ni, 0.74% Cu, 3.03 g/t Pt and 5.61 g/t Pd over 1.51 metres, Northwest Extension Hole GR-14-60 Yields 33.80 metres grading 1.44% Ni on continuation of Horizon 3
Balmoral Resources Ltd. ("Balmoral" or the "Company") (BAR.TO) (BALMF) reported results for an additional 12 holes testing the Horizon 3 nickel-copper-PGE discovery on the Company's wholly owned Grasset Property in Quebec. In addition to extending the Horizon 3 sulphide zone to a depth of 350 vertical metres, today's results continue to feature broad intervals of nickel sulphide mineralization throughout the discovery area and include the highest grade intercept to date from Grasset. Hole GR-14-57 returned a very broad Horizon 3 intercept of 57.88 metres grading 1.85% Ni, 0.21% Cu, 0.40 g/t Pt and 0.97 g/t Pd, which includes a high-grade interval of 20.63 metres grading 3.47% Ni, 0.40% Cu, 0.79 g/t Pt and 1.92 g/t Pd. This high grade interval is capped by, and includes, a previous reported 1.51 metre thick interval of massive sulphide which returned 14.96% Ni, 0.74% Cu, 3.03 g/t Pt and 5.61 g/t Pd -- further emphasizing the very high nickel tenure of the Horizon 3 sulphide mineralization.
Category: Base Metals
Published: 26 November 2014
Written by Editor