# Balmoral Resources Ltd \(TSX:BAR\) Intersects 10.50% Ni, 0.74% Cu, 1.87 g/t Pt and 4.87 g/t Pd Over 7.50 Metres in Deep Drilling of H3 Zone, Grasset, Quebec

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--2af763c0-016a-4c0d-ac10-043d4c858fd8

Original source: https://money.tmx.com/en/quote/BAR/news/69828218/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87-

Publisher: tmx

Original announcement: 2015-11-16T12:26:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Balmoral Resources Ltd

- Ticker: BAR

- Exchange: TSX

- Region: Quebec

- Primary commodity: Nickel

- Secondary commodities: Copper, Platinum, Palladium, Gold

- Document categories: Drill results, Other

- Extracted: 2026-08-21 13:16:04 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Balmoral Resources has intersected a high-grade nickel-copper-PGE vein-breccia system in hole GR-15-97 at the Grasset project. The 7.50m intercept of 10.50% Ni, 0.74% Cu, 1.87% Pt, and 4.87 g/t Pd represents a new discovery type that extends the H3 Zone to depth.

Reasoning: The discovery of a very high-grade \(10.5% Ni\) vein-breccia system at depth represents a significant expansion of the H3 Zone's high-grade core.

- Positive factor: exceptional nickel grade

- Positive factor: step-out extension to depth

- Positive factor: new discovery of vein-breccia system

- Positive factor: high-grade PGE credits

- Negative factor: hole drift in GR-15-99a-w1

Facts used in scoring: 7

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The high-grade vein-breccia in GR-15-97 confirms the continuation of the high-grade core to depth.

Evidence · text

> confirming the continuation of the high-grade core of the Zone to depth

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 10.5% Ni is exceptionally high for a nickel sulphide system.

Evidence · text

> 10.50% Ni

## Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### GR-15-97

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--2af763c0-016a-4c0d-ac10-043d4c858fd8#fact-drill-facts-0)

Grasset · nickel

#### Identity

- Hole ID: GR-15-97
- Project: Grasset
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: BAR

#### Geometry

- Grade: 10.5
- Grade Unit: %
- Intercept: 7.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-97:0-7.5
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-11-16T00:00:00.000Z

Reasoning: 10.5% Ni is an exceptional grade for a nickel sulphide system.

- Positive factor: exceptional grade

Evidence · text

> 10.50% Ni, 0.74% Cu, 1.87% Pt and 4.87 g/t Pd over 7.50 metres

### GR-15-97

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--2af763c0-016a-4c0d-ac10-043d4c858fd8#fact-drill-facts-1)

Grasset · copper

#### Identity

- Hole ID: GR-15-97
- Project: Grasset
- Commodity: copper
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: BAR

#### Geometry

- Grade: 0.74
- Grade Unit: %
- Intercept: 7.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-97:0-7.5
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-11-16T00:00:00.000Z

Reasoning: 0.74% Cu is a strong grade in a nickel sulphide context.

Evidence · text

> 10.50% Ni, 0.74% Cu, 1.87% Pt and 4.87 g/t Pd over 7.50 metres

### GR-15-97

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--2af763c0-016a-4c0d-ac10-043d4c858fd8#fact-drill-facts-2)

Grasset · platinum

#### Identity

- Hole ID: GR-15-97
- Project: Grasset
- Commodity: platinum
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: BAR

#### Geometry

- Grade: 1.87
- Grade Unit: %
- Intercept: 7.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-97:0-7.5
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-11-16T00:00:00.000Z

Reasoning: High platinum percentage adds significant value to the nickel intercept.

Evidence · text

> 1.87% Pt

### GR-15-97

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--2af763c0-016a-4c0d-ac10-043d4c858fd8#fact-drill-facts-3)

Grasset · palladium

#### Identity

- Hole ID: GR-15-97
- Project: Grasset
- Commodity: palladium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: BAR

#### Geometry

- Grade: 4.87
- Grade Unit: g/t
- Intercept: 7.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-97:0-7.5
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-11-16T00:00:00.000Z

Reasoning: Significant palladium grade accompanying the nickel.

Evidence · text

> 4.87 g/t Pd

### GR-15-97

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--2af763c0-016a-4c0d-ac10-043d4c858fd8#fact-drill-facts-4)

Grasset · nickel

#### Identity

- Hole ID: GR-15-97
- Project: Grasset
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: BAR

#### Geometry

- Grade: 1.89
- Grade Unit: %
- Intercept: 63.02 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-11-16T00:00:00.000Z

Reasoning: Large 63m intercept at 1.89% Ni represents the combined disseminated and vein-breccia mineralization.

- Positive factor: large width

Evidence · text

> 63.02 metres grading 1.89% Ni

### GR-15-95

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--2af763c0-016a-4c0d-ac10-043d4c858fd8#fact-drill-facts-5)

Grasset · gold

#### Identity

- Hole ID: GR-15-95
- Project: Grasset
- Commodity: gold
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: BAR

#### Geometry

- Grade: 1.31
- Grade Unit: g/t
- Intercept: 9.38 m
- From: 260.8 m
- To: 270.18 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-11-16T00:00:00.000Z

Reasoning: Gold-rich intercept in the hanging wall.

Evidence · text

> 9.38 metre interval between 260.80 and 270.18 metres downhole returned an intercept grading 1.31 g/t gold

### GR-15-95

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--2af763c0-016a-4c0d-ac10-043d4c858fd8#fact-drill-facts-6)

Grasset · gold

#### Identity

- Hole ID: GR-15-95
- Project: Grasset
- Commodity: gold
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: BAR

#### Geometry

- Grade: 4.35
- Grade Unit: g/t
- Intercept: 1.48 m
- From: 260.8 m
- To: 262.28 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-11-16T00:00:00.000Z

Reasoning: High-grade sub-interval within the gold intercept.

Evidence · text

> including 4.35 g/t gold over 1.48 metres

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.