03:42 PM EST - Balmoral Resources Ltd. : reported high-grade nickel-copper-PGE intercepts from each of the first eight holes targeting its recent Horizon 3 discovery on the Company's wholly owned Grasset Property in Quebec. All eight holes, which fan out from discovery hole GR-14-25 (1.79% nickel, 0.19% copper, 0.42 g/t platinum and 1.04 g/t palladium over 45.28 metres -- intersected broad zones of high-grade nickel-copper-PGE mineralization similar to that observed in the discovery hole. Results include 102.86 metres grading 1.03% Ni + Cu & PGE's. High-grade core continues throughout including 15.84 m @ 2.51% Ni and 9.80 metres @ 2.73% Ni in deepest hole reported to date.
Balmoral Resources Ltd.
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