Balmoral Reports Winter Drill Results From Martiniere, Quebec


May 30, 2013: Vancouver, BC – Balmoral Resources Ltd. (Stock Profile – TSXV:BAR & OTCQX:BALMFhas released the remaining drill results from the winter 2013 drill program which further expand the Bug Lake gold zone, further delineate the Martiniere West zone, provide indications of continuity for a previously intersected high-grade gold-silver discovery in the Martiniere East area and suggest the presence of another Bug Lake parallel (north-south trending) gold-bearing structure on the property. The Martiniere Property forms part of the Company’s wholly owned 600+ square kilometre Detour Gold Trend Project in Quebec.

Bug Lake Expansion Drilling

All eleven holes testing the northern extension of the Bug Lake Gold Zone successfully intersected broad intervals of anomalous gold mineralization associated with the Bug Lake fault zone, extending the zone by approximately 115 metres to the north and to a vertical depth of 285 metres. The results also confirm the extension of the Bug Lake Gold Zone beneath a previously outlined “flat” feature/fault. As with previous drilling a number of high-grade gold bearing vein/structures were intersected both within the Bug Lake Gold Zone and in the hanging wall/footwall to the Zone. The Bug Lake Gold Zone now extends for over 725 metres along strike, to a vertical depth of 285 metres and remains open in all directions for further expansion.

Drill hole MDE-13-103, the deepest hole testing the Bug Lake Gold Zone to-date, intersected several mineralized intervals including the Upper Bug (16.40 metres grading 0.73 g/t gold) and Bug Lake Gold Zones (46.79 metres grading 1.10 g/t gold, including a high grade interval grading 11.25 g/t gold over 0.93 metres) as well as a high-grade Hanging Wall structure which returned 26.70 g/t gold over 0.41 metres). This hole extends the Bug Lake Gold Zone to approximately 285 metres vertical depth, approximately 60 metres deeper than the previously reported deepest intercept in the Zone.

For more on the results – including the Martiniere West Zone and Exploration holes – CLICK HERE.


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