Balmoral Resources Ltd. (BALMF) Updates Expansion and Delineation Programs on H3 Nickel and Bug Lake Gold Zones

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[{"type":"text","content":"Balmoral Resources Ltd. (BALMF) Updates Expansion and Delineation Programs on H3 Nickel and Bug Lake Gold Zones\nVancouver, Canada (ABN Newswire) - Balmoral Resources Ltd. (TSE:BAR) (OTCMKTS:BALMF) today updated its ongoing resource delineation/expansion and exploration activities on the Company's Detour Trend Project in Quebec. The summer/fall exploration program has focused on further expansion and delineation of the H3 Ni-Cu-PGE Zone and high-grade Bug Lake Gold Zones. Drilling continues on the H3 Zone and on exploration targets through the Detour Trend Project for both gold and nickel. Initial results from the summer program are anticipated over the next 2-3 weeks, with additional results to follow throughout the end of Q3 and into Q4, 2015.The Detour Trend Project encompasses over 700 square kilometres of highly prospective ground located at the northern end of the Abitibi Greenstone Belt. The Project is situated between the Detour Gold mine to the west, currently one of Canada's largest gold mines, and the Matagami base metal camp to the east. Wholly owned and already host to a number of new discoveries the Project covers one of the least explored sections of the Abitibi. H3 and H1 Ni-Cu-PGE Zones - Grasset Property On the Grasset Property, Balmoral has now completed 14 drill holes, totaling 5,780 metres, targeting the H3 and H1 Ni-Cu-PGE Zones. Drilling initially focused on infill work within and around the outer margins of the high grade H3 Zone. The planned infill holes have now been completed and are being sampled and assayed. Testing below the previously defined lower margins of the H3 Zone has confirmed that the Zone remains open to depth with several broad intervals of sulphide mineralization intercepted. Drilling is currently focused on continuing to expand the Zone to depth in the area immediately northwest of the Porphyry Fault (See Figure 1 in link below). Final results from the first several holes of the summer program, including the first two deep tests, are anticipated in early September. In addition to providing sufficient information to calculate an initial resource estimate for the H3 Zone, many of the holes from the current program will intersect the H1 Ni-Cu-PGE Zone. To date the H1 Zone has been traced by drilling for over 1,000 metres along strike and to vertical depths in excess of 400 metres. While g...

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