# Balmoral Resources \(TSX:BAR\) Extends Grasset H3 Zone to Depth with Intersection of 42.70 Metres Grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc

Original source: https://money.tmx.com/en/quote/BAR/news/67149122/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of

Publisher: tmx

Original announcement: 2015-09-08T10:28:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Balmoral Resources Ltd

- Ticker: BAR

- Exchange: TSX

- Region: Quebec, Canada

- Primary commodity: Nickel

- Secondary commodities: Copper, Platinum, Palladium, Gold

- Document categories: Drill results, Other

- Extracted: 2026-08-21 13:17:03 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Balmoral Resources has successfully extended the Grasset H3 Ni-Cu-PGE zone to depth, reporting a significant 42.70m intercept at 1.11% Ni. The results demonstrate that the high-grade core is expanding vertically and remains open to depth, alongside high-grade gold intercepts in the hanging wall.

Reasoning: The announcement reports significant depth extension of a high-grade Ni-Cu-PGE zone with strong intercepts and high-grade gold discovery nearby.

- Positive factor: significant expansion of higher grade core

- Positive factor: zone remains open to depth

- Positive factor: strong Ni-Cu-PGE grades

- Positive factor: high grade gold intercepts proximal

Facts used in scoring: 10

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling successfully extended the vertical depth of the H3 Ni-Cu-PGE Zone by over 30%.

Evidence · text

> successfully extended the vertical depth of the core of the H3 Ni-Cu-PGE Zone by over 30%

**Bonanza Intercept**

Polarity: positive

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

Why it applies: 9.33 g/t gold over 3.8m is a high-grade intercept for the gold mineralization identified.

Evidence · text

> GR-15-89 returning a high grade intercept of 9.33 g/t gold over 3.80 metres

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Drill Results (10)

### GR-15-87

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-0)

Grasset · nickel

#### Identity

- Hole ID: GR-15-87
- Project: Grasset
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 1.11
- Grade Unit: %
- Intercept: 42.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-87:unknown-unknown

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: 1.11% Ni over 42.7m is a strong intercept for this system.

- Positive factor: strong grade for Ni

Evidence · text

> 42.70 metres grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd

### GR-15-87

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-1)

Grasset · copper

#### Identity

- Hole ID: GR-15-87
- Project: Grasset
- Commodity: copper
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 42.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-87:unknown-unknown

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: Part of a strong polymetallic intercept.

Evidence · text

> 42.70 metres grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd

### GR-15-87

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-2)

Grasset · platinum

#### Identity

- Hole ID: GR-15-87
- Project: Grasset
- Commodity: platinum
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 42.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-87:unknown-unknown

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: Trace PGE component of the intercept.

Evidence · text

> 42.70 metres grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd

### GR-15-87

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-3)

Grasset · palladium

#### Identity

- Hole ID: GR-15-87
- Project: Grasset
- Commodity: palladium
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 0.49
- Grade Unit: g/t
- Intercept: 42.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-87:unknown-unknown

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: Trace PGE component of the intercept.

Evidence · text

> 42.70 metres grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd

### GR-15-87

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-4)

Grasset · nickel

#### Identity

- Hole ID: GR-15-87
- Project: Grasset
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 0.67
- Grade Unit: %
- Intercept: 118.84 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-87:unknown-unknown

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: Broad mineralized intercept providing context for the high-grade core.

- Positive factor: very wide intercept

Evidence · text

> within a broader 118.84 metre wide sulphide mineralized intercept which returned 0.67% Ni

### GR-15-87

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-5)

Grasset · copper

#### Identity

- Hole ID: GR-15-87
- Project: Grasset
- Commodity: copper
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 0.07
- Grade Unit: %
- Intercept: 118.84 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-87:unknown-unknown

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: Part of the broader mineralized intercept.

Evidence · text

> within a broader 118.84 metre wide sulphide mineralized intercept which returned 0.67% Ni, 0.07% Cu

### GR-15-87

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-6)

Grasset · platinum

#### Identity

- Hole ID: GR-15-87
- Project: Grasset
- Commodity: platinum
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 118.84 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-87:unknown-unknown

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: Part of the broader mineralized intercept.

Evidence · text

> within a broader 118.84 metre wide sulphide mineralized intercept which returned 0.67% Ni, 0.07% Cu, 0.11 g/t Pt

### GR-15-87

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-7)

Grasset · palladium

#### Identity

- Hole ID: GR-15-87
- Project: Grasset
- Commodity: palladium
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 0.27
- Grade Unit: g/t
- Intercept: 118.84 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GR-15-87:unknown-unknown

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: Part of the broader mineralized intercept.

Evidence · text

> within a broader 118.84 metre wide sulphide mineralized intercept which returned 0.67% Ni, 0.07% Cu, 0.11 g/t Pt and 0.27 g/t Pd

### GR-15-90a

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-8)

Grasset · nickel

#### Identity

- Hole ID: GR-15-90a
- Project: Grasset
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 0.99
- Grade Unit: %
- Intercept: 5.67 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: Local area of higher grade nickel mineralization in H1 zone.

- Positive factor: high grade for H1 zone

Evidence · text

> including 5.67 m grading 0.99% Ni in GR-15-90a

### GR-15-89

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-tsx-bar-extends-grasset-h3-zone-to-depth-with-intersection-of--9a1935b2-24d7-444a-aa8b-c4ff4b7c2cbc#fact-drill-facts-9)

Grasset · gold

#### Identity

- Hole ID: GR-15-89
- Project: Grasset
- Commodity: gold
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: BAR

#### Geometry

- Grade: 9.33
- Grade Unit: g/t
- Intercept: 3.8 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2015-09-08T00:00:00.000Z

Reasoning: High grade gold intercept in the hanging wall trend.

- Positive factor: high grade gold intercept

Evidence · text

> GR-15-89 returning a high grade intercept of 9.33 g/t gold over 3.80 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.
