August 20, 2012: Vancouver, BC – Balmoral Resources Ltd. (Stock Profile – TSXV:BAR & OTCQX:BALMF) has been advised by GTA Resources and Mining (Stock Profile – TSXV:GTA) that drilling has resumed on the Company’s Northshore Property located in the Hemlo-Schreiber greenstone belt of Ontario. The Phase 3 drilling program will consist of approximately 20 diamond drill holes totaling a minimum of 5,000 metres.
According to GTA, drilling will target further expansion of the Afric Gold Zone and high-grade Audney and Caly vein systems contained there-in. To date drilling by GTA has confirmed the presence of gold mineralization associated with the broad Afric Gold Zone for 280 metres in an east-west direction and to vertical depths in excess of 300 metres. The mineralized corridor remains open to the east, west, north and to depth.
“With the success of our exploration efforts and on-going drilling on the Martiniere Property in Quebec and resumption of drilling at Northshore, our shareholders should have a great deal to look forward to this fall,” said Darin Wagner, President and CEO of Balmoral.
To read more – CLICK HERE.