Balmoral Resources Ltd.

Balmoral is a well-funded, Canadian-based company actively delineating and expanding a series of high-grade gold deposits on its Martiniere Property located within the prolific Abitibi greenstone belts in Quebec, Canada. The Martiniere Property is just one of several large, highly prospective properties comprising the Company’s wholly owned, 1,000 km2 Detour Gold Trend Project.

Employing an aggressive, drill focused exploration style in one of the world’s preeminent mining jurisdictions, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery and definition of high-grade, Canadian gold and base metal assets.

Expert Comments:

PI Financial recently highlighted junior explorers to watch for "potentially game-changing 1H18 news flow."
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Philip Ker, PI Financial (3/2/18)
"Balmoral Resources Ltd. has a treasured land package ripe for future discoveries. . .we believe the company has an attractive pipeline of projects that could evolve into prime acquisition targets. For its 2018 exploration season, Balmoral enters its winter program with ~$10M in cash."

Brien Lundin, Gold Newsletter (Jefferson Financial) (3/1/18)
"Balmoral Resources Inc. is reporting visible gold in the first hole drilled in its winter program on the Martiniere gold project in Quebec. The hole was drilled to test the down-plunge extension of the Horsefly gold zone, located 450m east of the main Bug gold trend; hole 1 in 2017 cut 10.51 g/t gold over 5.8m at Horsefly."

Philip Ker, PI Financial (12/8/17)
"Balmoral Resources Ltd.'s expansion efforts continue to target deeper extensions of the Lower zone, which is one of two key zones comprising the Bug South deposit; positive high-grade intercepts demonstrated the Lower zone now contains a vertical depth of >400m. Highlight intervals announced today from at depth from the Lower zone of Bug South include 10.62m grading 4.52 g/t gold, including 2.14m grading 17.58 g/t gold."

"I like Balmoral Resources Ltd. It's got a serially successful team doing what it does best in the area it knows best with several significant discoveries already in hand. The company is well financed and working away on crossing that threshold of making a discovery big enough to get the market's attention. These are people who have done it before. That doesn't guarantee they'll do it again. But if there's a way to bet on exploration, it's to go with people who've done it before. Balmoral isn't a prospect generator, however. It is the right guys doing the right thing in the right address. It's elephant country and these are elephant hunters, so I like it." read more >

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/1/17)
"Balmoral Resources Ltd. released a series of assays that indicate a new discovery (Bug NW) along the Bug gold trend that transects its Martiniere property in Quebec. The highlight hole from that effort came from hole 297A, which cut 67.4m of 1.02 g/t gold; overall, four holes encountered significant widths with solid gold grades near surface at Bug NW."

More Expert Comments

Experts Following This Company

Philip Ker, Mining Analyst – PI Financial
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Lobo Tiggre, Founder and CEO – Casey Research

The information provided above is from analysts, newsletters, the company and other contributors.

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