Balmoral Resources Ltd. (TSE:BAR) Confirms High-Grade Ni-Cu-PGE Mineralization Over 45.28 Meters on New Horizon; Grasset Property, Detour Trend, Quebec

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[{"type":"text","content":"Balmoral Resources Ltd. (TSE:BAR) Confirms High-Grade Ni-Cu-PGE Mineralization Over 45.28 Meters on New Horizon; Grasset Property, Detour Trend, Quebec\nVancouver, Canada (ABN Newswire) - Balmoral Resources Ltd. (TSE:BAR) (OTCMKTS:BALMF) (\"Balmoral\" or the \"Company\") today confirmed the discovery of high-grade nickel-copper-PGE mineralization associated with the previously highlighted (see NR14-09, April 30, 2014) net textured sulphide zone in hole GR-14-25. The net textured zone, one of four mineralized intervals in the hole, returned a near surface intercept of 1.79% nickel, 0.19% copper, 0.42 g/t platinum and 1.04 g/t palladium over 45.28 metres. This highgrade interval is capped by, and includes, 1.11 metres of massive to semi-massive sulphide which returned 10.60% Ni, 0.45% Cu, 2.04 g/t Pt and 5.23 g/t Pd, confirming the potential for very high grade nickel and PGE values within the system (see table below and also in link below).Hole GR-14-25 is the first hole on the property to intersect Horizon 3 of the Grasset Ultramafic Complex (see Figure 1 and Figure 2). This newly discovered, sulphide rich horizon is open in all directions and sits approximately 100 metres southwest of, and stratigraphically above, two other vertically oriented Ni-Cu-PGE mineralized horizons within the southern-most portion of this sparsely tested, up to 16 kilometre long, ultramafic sill complex.\n--------------------------------------------------------------------------------\nHole North West Dip From To Interval* Ni Cu Pt Pd Horizon\nNumber (m) (m) (m) (%) (%) g/t g/t\n--------------------------------------------------------------------------------\nGR-14-22 0+90 S 2+60 E -57 141.23 173.97 32.74 0.47 0.05 0.11 0.26 2\nincluding 166.66 173.03 6.37 0.91 0.12 0.24 0.6 \"\n 188.72 204.50 15.78 0.38 0.02 Pending 1b\n 219.00 235.41 16.41 0.44 0.05 Pending 1a\n--------------------------------------------------------------------------------\nGR-14-23 0+90 S 2+60 E -64 170.53 182.44 11.91 0.49 0.05 0.11 0.25 2\nincluding 179.04 181.55 2.51 1.05 0.13 0.25 0.63 \"\n 291.23 303.09 11.86 0.30 0.03 0.05 0.11 1\n--------------------------------------------------------------------------------\nGR-14-24 1+30 S 7+20 E -57 168.20 185.51 17.31 0.32 0.04 0.05 0.11 2\nincluding 184.88 185.51 0.63 1.22 0.22 0.27 0.55 \"\n 222.06 222.47 0.41 0.08 1.31 0.13 0.18 vein...

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