Balmoral Resources Ltd. announces the voting results from its 2019 Annual General Meeting of shareholders held in Vancouver, B.C. on Friday, June 21, 2019 . At the Meeting, the Company’s shareholders re-elected the following nominees as directors of the Company, with all receiving a clear majority of the votes cast. Nominee Total Votes Cast [...]
Balmoral Resources Ltd. announces that the 2019 summer field programs have commenced with crews recently mobilized to both the Company’s Detour Gold Trend Project and to the RUM Nickel Properties. RUM Nickel Properties As announced on April 25, 2019 the recently completed high resolution airborne magnetic/EM survey of the RUM Nickel [...]
Intersects 112.85 metres grading 0.27% Nickel, 0.013% Cobalt in near-surface, Grasset Ultramafic Complex, Quebec Completes Gargoyle airborne Mag/EM survey Receives tax refund of $572,000 VANCOUVER, May 16, 2019 -- Balmoral Resources Ltd. provided an update on its activities including results from the recent winter drill program which targeted [...]
Balmoral Resources Ltd. has now received and reviewed the results from the fall 2018 detailed airborne geophysical survey of the RUM Nickel Properties in Central Quebec. Results are highlighted by several moderate to strong electromagnetic conductors associated with interpreted mafic/ultramafic intrusions of the Lac Rocher suite. The intrusions of [...]
Balmoral Resources Ltd. has now closed the second and final tranche of the previously announced non-brokered private placement . Upon closing of the second tranche of the Offering, the Company issued 2,432,856 units , at a price of $0.14 per Unit, for gross proceeds of $340,599.84. Each Unit consists of one common share and one-half of one common [...]
Balmoral Resources Ltd. announced that drilling aimed at expanding the Company’s recent high grade nickel-copper-cobalt-PGE sulphide discoveries within the central portion of the Grasset Ultramafic Complex in Quebec has commenced. The new high grade nickel sulphide discoveries are located 7 kilometres northwest of, and along strike from [...]
Balmoral Resources Ltd. announces that it has closed the first tranche of the previously announced non-brokered private placement . Upon closing of the first tranche of the Offering, the Company issued 7,823,180 flow-through common shares , at a price of $0.19 per Flow Through Share, for gross proceeds of $1,486,404 and 2,174,999 units , at a price [...]
Balmoral Resources Ltd. announces that it has arranged a $2.02 million non-brokered private placement . The Offering will consist of both hard dollar units and flow-through common shares. The Company has agreed to sell approximately 3,571,429 units priced at $0.14 per unit, with each unit consisting of one common share and one-half of one common [...]
• Includes High Grade Interval Grading 11.15 g/t Gold Over 7.00 Metres Figure 1 Figure 2 Balmoral Resources Ltd. has received, from joint venture partner GTA Resources and Mining Inc. , results from three drill holes completed on the Northshore Property located near Schreiber, Ontario late in 2018. Two holes tested the Afric Gold deposit [...]
• EXTENDS H1 ZONE OF DEPOSIT TO 775 METRES VERTICAL DEPTH Plan Map Long Section Cross Section Balmoral Resources Ltd. announced that the Company’s first expansion drilling on the Grasset nickel-copper-cobalt-PGE deposit since 2015 has both expanded the H3 Zone of the deposit with broad mineralized intercepts and successfully intersected [...]
Identifies Multiple Sulphide Zones and BHEM Anomalies within the Grasset Ultramafic Complex Discovers Extension of Vortex Gold Zone on Detour East Property Completes Sale of Fenelon Mine Property Royalty Balmoral Resources Ltd. provided an update on the fall 2018 exploration program on its Detour Gold Trend Project in Quebec, along with updates on [...]