January 28, 2013: Vancouver, BC – Balmoral Resources Ltd. (Stock Profile – TSXV:BAR & OTCQX:BALMF) reported additional high-grade gold results from drill testing of multiple shallow zones situated along the Bug Lake Fault System on its wholly owned Martiniere Property in Quebec. Drilling continued to expand and delineate the Hanging Wall, Footwall and Bug Lake Zones, with most holes successfully intersecting multiple zones of gold mineralization.
Results from the final 11 holes of the fall 2012 drill program indicate the presence of a fault repeat of the Footwall Zone, potential for expanding the Footwall Zone to depth and provide further evidence for the local development of a fourth, near surface high-grade zone located between the Bug Lake and Hanging Wall Zones. Drilling continues on the Martiniere Property with 2 rigs currently on site.
“Today’s results continue to demonstrate the continuity and growth potential of the multiple zones in the Bug Lake area of the Martiniere Property and they set the stage for an exciting 2013 drill campaign,” said Darin Wagner, President and CEO of Balmoral Resources.
To view the results – CLICK HERE.