May 13, 2013: Vancouver, BC – Balmoral Resources Ltd. (Stock Profile – TSXV:BAR & OTCQX:BALMF) reported that widely spaced drilling has successfully extended the Bug Lake Gold Zone by 350 metres to the south, effectively doubling the known strike extent of the Zone. With the southern-most hole of the current program returning some of the strongest intercepts reported today the Zone remains open to the south and to depth on all sections. The Bug Lake Trend, which includes the Bug Lake, BL Hanging Wall and BL Footwall Zones, is one of two prominent gold bearing trends located on Balmoral’s Martiniere Property. The Martiniere Property forms part of the Company’s wholly owned 82 kilometre long Detour Gold Trend Project in Quebec.
“Our winter program focused on expanding the scale of the Martiniere Gold system, and has now successfully doubled the known extent of both the Martiniere West and Bug Lake Gold Trends, with both remaining open for additional expansion,” said Darin Wagner, President and CEO of Balmoral Resources. “Our planned summer diamond drill program, which is fully funded, will work to quantify the potential economic impact of the recent expansions and further delineate the extensive zones of gold mineralization located along both trends and elsewhere within the expanding Martiniere Gold System.”
For more information on the results – CLICK HERE.