Posted in | Gold | Mining Business

Drilling Resumes in Balmoral’s Detour Gold Trend Project

Balmoral Resources Ltd. has announced that it has restarted a drilling program in Area 52 on its Fenelon Property, which is part of the company’s larger Detour Gold Trend Project, in Quebec.

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Area 52 encompasses a widespread, unverified segment of the Sunday Lake deformation zone, the southern extension of the newly identified Area 51 corridor, and the intersection of these two gold-bearing structural zones.

The Sunday Lake deformation zone is the crustal-scale, east-west trending fault system which controlled the emplacement of the adjacent Detour Lake gold deposit of more than 20 million ounce.

During the first phase of drilling, four drill holes were completed in Area 52 and a range of gold targets were tested. In addition, visible gold mineralization was noticed at shallow depths in two of the four holes. Visible gold mineralization has already been noted in the first hole of the present follow-up program. Final assay results from the first phase of drilling are expected within the following two weeks.

More information on the geological location of the mineralized zones intersected during the first phase of drilling, and the targets for the follow-up program will supplement the release of results from the preliminary Area 52 drill program.

Source: http://www.balmoralresources.com/

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