(MENAFN- Investors Ideas) August 18, 2017 (Investorideas.com Newswire) As the drills turn in Quebec this summer, the results released by one explorer are gaining the attention of several experts.
drill program continues to extend the Bug South deposit on the Martiniere property. The company announced in that the Bug South deposit was extended to a vertical depth of about 385 meters "with a broad intercept of 14.28 meters grading 3.51 g/t gold, including a very high grade interval of 0.46 metres grading 66.60 g/t gold."
Balmoral CEO Darin Wagner said, "The summer program is now in full swing. It is designed to continue the growth of the Bug Lake gold deposits, while also exposing our shareholders to the broadest range of discovery opportunities since 2014 when the Grasset discovery resulted in significant share price appreciation."
Wagner also noted that "gold exploration targets throughout the Martiniere Property, and the broader Detour Gold Trend Project, are on tap for drill testing. This includes a number of targets located on the Detour East Property which covers over 20 kilometres of the same geological environment which hosts the multi-million ounce Detour Lake gold mine on adjoining property to the west."
Sector experts have taken notice of Balmoral's drill results.
Byron King, editor of Gold Speculator, noted on Aug. 1 that Balmoral "did release several strong sets of drill results in recent weeks. There's much going on in the field." He also stated that "Balmoral is an attractive joint venture or takeover target for larger companies. The company is finding gold and building a resource base."
Louis James, editor of International Speculator, told in May that an "explorer I like is Balmoral. . .[it's] a pure explorer with people who have track records of repeated success. It has two highly prospective projects right now that I like a lot."
Brien Lundin, editor of Gold Newsletter, wrote in the July issue that the "picture of a large, dispersed area of gold deposits continues to develop at Martiniere. It will take more drilling to move the needle here, but Balmoral is definitely a company worth watching in the months ahead."
Balmoral is expected to continue to release results from the summer drill program.
Read what other experts are saying about:
1) Patrice Fusillo compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. She owns, or members of her immediate household or family own, securities of the following companies mentioned in this article: None. She is, or members of her immediate household or family are, paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Balmoral Resources. Streetwise Reports does not accept stock in exchange for its services. Click for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.
Gold-MiningStocks.com - investing ideas in gold and mining stocks Like Gold Stocks? View our
More Info: This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info:
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: . Global investors must adhere to regulations of each country.
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.