Balmoral Resources (OTC Other BALMF; TSX-V: BAR) has expanded its property position along the Detour Gold Trend in central Quebec following the Company’s recent gold discovery on its wholly owned Grasset Property. To this end, Balmoral has acquired, by staking, an additional 243 claim units covering a further 12 kilometres of the Detour/Sunday Lake Deformation Zone and surrounding prospective targets. The new claims will form part of the expanded Grasset Property and Balmoral’s district scale Detour Gold Project.
According to Darin Wagner, President and CEO of Balmoral, “The Grasset gold discovery and Balmoral’s other active gold projects in Quebec clearly indicate the potential of the DSDZ to host significant gold mineralization along its entire length. The geological similarities of the DGT to the multi-million ounce Timmins, Kirkland Lake and Val d’Or gold camps located further south in the Abitibi are numerous and Balmoral is now positioned to control this prospective trend over a length that would equal or exceed the core portions of any of these famous gold camps.”