Balmoral Resources (TSX:BAR) Extends Grasset H3 Zone to Depth with Intersection of 42.70 Metres Grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd

About this update from Barranco Gold Mining Corp.

[{"type":"text","content":"Balmoral Resources (TSX:BAR) Extends Grasset H3 Zone to Depth with Intersection of 42.70 Metres Grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd\nVancouver, Canada (ABN Newswire) - Balmoral Resources Ltd (TSE:BAR) (OTCMKTS:BALMF) today announced that on-going expansion drilling has successfully extended the vertical depth of the core of the H3 Ni-Cu-PGE Zone by over 30%. Two holes, GR-15-87 and GR-15-90a (see Figure 1 and Figure 2, in link below), drilled along the projected plunge of the H3 Zone intersected nickel sulphide mineralization over down hole widths of 118.84 and 86.09 metres respectively. Both holes extend the higher-grade core of the Zone vertically by approximately 100 metres in the areas tested (see Figure 3 and Figure 4, in link below). Highlights:- Down Plunge Extent of Higher Grade Core to H3 Zone Increased by Over 30%; Remains Open to Depth - Hanging Wall Gold Zone Returns 10.04 g/t Gold over 3.80 Metres - Updated Website LaunchedResults from the two holes were highlighted by an intercept of 42.70 metres grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd, within a broader 118.84 metre wide sulphide mineralized intercept which returned 0.67% Ni, 0.07% Cu, 0.11 g/t Pt and 0.27 g/t Pd from hole GR-15-87. This is one of the top six intercepts reported to date from the H3 Zone on a grade x thickness basis. Both GR-15-87 and GR-15-90a show mineralized widths roughly equal to, and grades notably stronger than, the two holes located vertically above them (see Figures 3 and 4, in link below). This suggests a trend back toward higher nickel, copper, platinum and palladium grades at depth within the core of the larger system. \"Today's results represent a significant expansion of the higher grade core of the H3 Zone and clearly demonstrate that the Zone remains open for further expansion to depth, with the potential added bonus of improving nickel grades\" said Darin Wagner, President and CEO of Balmoral. \"With these strong results from H3, several additional mineralized intercepts from the nearby H1 Zone and continued confirmation of high-grade gold potential proximal to the Grasset discoveries our team continues to deliver an expanding suite of growth opportunities.\"Infill drilling on the northwestern portion of the H3 Zone returned mineralized intercepts consistent with previous drilling in this area. Re...

More updates from Barranco Gold Mining Corp.