Balmoral Resources Ltd. today reported results from the first 6 holes of its winter 2012 expansion drill program targeting the high-grade Martiniere West Gold Zone on its Detour Gold Trend Project in Central Quebec. The reported intercepts extend the Martiniere West Gold Zone to a vertical depth of 218 m, a 45% increase in the vertical dimension of [...]
Balmoral Resources Ltd. reported results from four additional holes testing the eastern portion of the Martiniere gold system. The Martiniere gold system is a broad (250-325 metres wide), open-ended corridor of structural deformation and gold mineralization which has now been traced for approximately 1,500 m along strike across the Company's [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/18/12 -- -- High-grade Caly Vein System returns 7.82 g/t gold over 12.00 metres -- Afric Zone extended to over 200 metres along strike and to vertical depth of 190 metres by recent drilling
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/16/12 -- Balmoral Resources Ltd. (TSX VENTURE: BAR)(OTCQX: BALMF) has been advised that effective April 23, 2012 the Company will be added to the S&P/TSX Venture Select Index. According to Standard and Poor's the S&P/TSX Venture Select Index, launched in August of 2011, "measures the performance [...]
Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, April 23, 2012:
Balmoral Resources Ltd. today reported drill results from the first four holes of its winter 2012 drill program on its Detour Gold Trend Project in Central Quebec. Follow-up testing of the ME-16 discovery, announced December 5, 2011, returned an intercept of 9.30 metres grading 11.42 g/t gold from drill hole MDE-12-20. This compares favourably with [...]
Balmoral Resources provided an update on its exploration activities today. The Company currently has four drills active. Two drills are currently expanding high-grade gold discoveries on the Martiniere Gold Property and a third is conducting follow-up drilling and testing additional targets on the Grasset Gold Property. Both properties are part of [...]
Balmoral Resources is pleased to announce that it has closed its previously announced bought deal private placement offering announced in its press release dated February 21, 2012 led by Casimir Capital. The Offering involved the issuance of 2,000,000 flow-through common shares of the Company at a price of $1.52 per flow-through common share for [...]
Balmoral Resources has been advised by GTA Resources and Mining that drilling has resumed on the Company's Northshore Property located in the Hemlo-Schreiber greenstone belt of Northwestern Ontario. The current drill program will follow-up on the encouraging results from the fall 2011 program which were announced on February 14, 2012. The fall 2011 [...]
Balmoral Resources announced that the common shares of the Company commenced trading on OTCQX International, the highest tier of the OTC market in the United States, under the symbol BALMF today. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol BAR. "We are pleased to provide our U.S. shareholders with [...]
Balmoral Resources announces that it has entered into an agreement with Casimir Capital, under which the Underwriter has agreed to purchase $3,040,000 in securities of the Company, and to place the purchased securities on a flow-through private placement basis. The Offering will consist of 2,000,000 flow-through common shares of the Company at a [...]
Balmoral Resources and joint venture partner GTA Resources today announced results from the Phase 1 drilling program on the Company's Northshore Property located in the Hemlo-Schrieber greenstone belt of Ontario. Closely spaced drilling targeting the high-grade Audney and Caly Vein systems confirmed the continuity of these high-grade gold-bearing [...]