Balmoral Reports High Grade Results From Martiniere West & Drill Program
June 13, 2012: Vancouver, BC - Balmoral Resources Ltd. (Stock Profile - TSXV:BAR) announced numerous high grade gold intercepts from expansion drilling on its Martiniere West Gold Zone in Quebec. The final eight holes of the winter drill program were reported. Today's results further expand the vertical, horizontal and down-plunge components of the West Zone. The West Zone has now been extended along strike at shallow depths to over 375 metres, has been intersected to a vertical depth of over 250 metres and down plunge for over 340 metres. The Zone remains open in all directions.
In addition to intersecting the West Zone at depth, drill holes MDW-12-55 and MDW-12-57 to MDW-12-59, collared northwest of the West Zone, all returned broad, near surface intersections of anomalous gold mineralization. These intercepts range from 13.40 to 18.10 metres in down-hole thickness and occur in an area of the property which had not been tested by previous drilling. These new discoveries further expand the scale and scope of the Martiniere Gold System of which the Martiniere West Zone is one component.
- High-grade Martiniere West Zone extended to over 375 metres along strike, over 250 metres vertical depth and to over 340 metres down plunge.
- West Zone remains open for expansion in all directions.
- New, broad, near surface gold occurrences intersected.
- Summer 2012 Drill Program Underway.