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Balmoral Resumes Gold Drilling in Northshore Property at Ontario

GTA Resources and Mining has advised Balmoral Resources that drilling for gold mineralization in the Northshore Property at Hemlo-Schreiber greenstone belt in Ontario has resumed.

The drill program is a follow-up of the fall 2011 program held in the Afric Zone. The results showed 149.50 m grading 1.20 g/t gold in hole WB-11-11, 150.00 m grading 0.99 g/t gold in WB-11-07 and 159.00 m grading 1.05 g/t gold in WB-11-09 of the capped intersections.

The property is located near the southern Schreiber town of Ontario. It can be accessed on road through the Trans-Canada Highway. Many zones known for mineralization of gold have been located in this property, which includes the Afric Gold Zone and North Shore Mine. This property has some similarities in common with West Timmins and Kirkland Lake gold mine camps located in East Ontario.

Additionally, the Caly and Audney high-grade vein systems will be extended and other vein systems having high-grade gold will be analyzed within the property. During the analysis in 2011, the Caly vein network had high grade gold bearing intersects of about 12.49 g/t gold over 33.20 m at 2.80- 36.00 m in the hole WB-11-11 and the Audney vein network yielded 13.23 g/t gold in 6.50 m at a depth of 28.50 to 35.00 m in the hole WB-11-01. Both the vein networks are separated at 70 m distance.

GTA has hinted that drilling has begun and is expected to be continued till May. Then, a short break is expected in order to dry the property in spring.

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

Joel Scanlon

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Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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