# 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-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed

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: 2026-09-19 17:34:33 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Balmoral Resources has discovered a high-grade nickel vein-breccia system in the footwall of the H3 Zone at the Grasset project in Quebec, featuring intercepts up to 10.50% Ni. This discovery suggests a potential 'feeder-type' zone and expands the known vertical extent of the mineralized system to 540 metres.

Reasoning: The announcement reports a high-grade discovery of a nickel vein-breccia system \(10.50% Ni\) that potentially represents a feeder zone for the existing H3 Zone, significantly increasing the project's exploration upside.

- Positive factor: Exceptional nickel grades \(10.50%\) in a new vein-breccia system

- Positive factor: Discovery of a potential 'feeder-type' zone beneath the H3 Zone

- Positive factor: Confirmation of high-grade core continuation to depth

- Positive factor: Expansion of mineralized system to 540m vertical depth

- Negative factor: One hole \(GR-15-99a-w1\) failed to intersect significant mineralization due to faulting

Facts used in scoring: 12

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

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

Why it applies: 10.50% Ni is exceptionally high for a nickel deposit.

Evidence · text

> 10.50% Ni

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling intersected a new vein-breccia system in the footwall, expanding the known mineralized footprint.

Evidence · text

> intersected a very high-grade sulphide vein-breccia system in the immediate footwall to the H3 Nickel Zone

## Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

## Drill Results (12)

### GR-15-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-0)

Grasset · nickel

#### Identity

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

#### Geometry

- Grade: 10.5
- Grade Unit: %
- Intercept: 7.5 m
- From: 425 m
- To: 432.5 m
- Intercept Depth: 425 m

#### Classification

- Sample Type: drill
- Group ID: GR-15-97:425-432.5
- Mining Method: underground

#### Location

- Location: H3 Zone footwall
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: Extremely high grade nickel intercept in a new structural style.

- Positive factor: Exceptional nickel grade

Evidence · text

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

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-1)

Grasset · copper

#### Identity

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

#### Geometry

- Grade: 0.74
- Grade Unit: %
- Intercept: 7.5 m
- From: 425 m
- To: 432.5 m
- Intercept Depth: 425 m

#### Classification

- Sample Type: drill
- Group ID: GR-15-97:425-432.5
- Mining Method: underground

#### Location

- Location: H3 Zone footwall
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: Secondary metal in a high-grade nickel intercept.

Evidence · text

> 0.74% Cu

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-2)

Grasset · platinum

#### Identity

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

#### Geometry

- Grade: 1.87
- Grade Unit: %
- Intercept: 7.5 m
- From: 425 m
- To: 432.5 m
- Intercept Depth: 425 m

#### Classification

- Sample Type: drill
- Group ID: GR-15-97:425-432.5
- Mining Method: underground

#### Location

- Location: H3 Zone footwall
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: PGE credit in high-grade nickel intercept.

Evidence · text

> 1.87% Pt

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-3)

Grasset · palladium

#### Identity

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

#### Geometry

- Grade: 4.87
- Grade Unit: g/t
- Intercept: 7.5 m
- From: 425 m
- To: 432.5 m
- Intercept Depth: 425 m

#### Classification

- Sample Type: drill
- Group ID: GR-15-97:425-432.5
- Mining Method: underground

#### Location

- Location: H3 Zone footwall
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: PGE credit in high-grade nickel intercept.

Evidence · text

> 4.87 g/t Pd

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-4)

Grasset · nickel

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Mining Method: underground

#### Location

- Location: H3 Zone
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: Combined intercept of high-grade vein and disseminated mineralization.

- Positive factor: Large mineralized intercept

Evidence · text

> 63.02 metres grading 1.89% Ni

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-5)

Grasset · copper

#### Identity

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

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 63.02 m

#### Classification

- Sample Type: drill
- Mining Method: underground

#### Location

- Location: H3 Zone
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: Secondary metal in combined intercept.

Evidence · text

> 0.15% Cu

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-6)

Grasset · platinum

#### Identity

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

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 63.02 m

#### Classification

- Sample Type: drill
- Mining Method: underground

#### Location

- Location: H3 Zone
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: PGE credit in combined intercept.

Evidence · text

> 0.33 g/t Pt

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-7)

Grasset · palladium

#### Identity

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

#### Geometry

- Grade: 0.85
- Grade Unit: g/t
- Intercept: 63.02 m

#### Classification

- Sample Type: drill
- Mining Method: underground

#### Location

- Location: H3 Zone
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: PGE credit in combined intercept.

Evidence · text

> 0.85 g/t Pd

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-87

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-8)

Grasset · nickel

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Mining Method: underground

#### Location

- Location: H3 Zone
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2015-09-08T00:00:00.000Z

#### Dates

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

Reasoning: Historical reference to previous drilling results.

Evidence · text

> 42.70 metres grading 1.11% Ni

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### GR-15-93a

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-9)

Grasset · nickel

#### Identity

- Hole ID: GR-15-93a
- Project: Grasset
- Commodity: nickel
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: BAR

#### Geometry

- Grade: 1.2
- Grade Unit: %
- Intercept: 30.04 m
- From: 160 m
- To: 190.04 m
- Intercept Depth: 160 m

#### Classification

- Sample Type: drill
- Group ID: GR-15-93a:160-190.04
- Mining Method: underground

#### Location

- Location: shallower portion of H3 Zone
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: Infill drilling confirming continuity in shallower portion.

- Positive factor: Strong intercept in infill drilling

Evidence · text

> 30.04 metres grading 1.20% nickel

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-95

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-10)

Grasset · gold

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Group ID: GR-15-95:260.8-270.18
- Mining Method: underground

#### Location

- Location: hanging wall to H3 Zone
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: Discovery of gold mineralization proximal to the nickel zone.

- Positive factor: Gold-rich intercept in 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

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GR-15-95

[Link to this fact](https://atlas-extractions.minestarters.com/news/balmoral-resources-ltd-tsx-bar-intersects-10-50-ni-0-74-cu-1-87-g-t-pt-and-4-87--7bbf5f23-340f-42bc-880a-b1401f6befed#fact-drill-facts-11)

Grasset · gold

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Group ID: GR-15-95:260.8-262.28
- Mining Method: underground

#### Location

- Location: hanging wall to H3 Zone
- Loc. Source: document

#### Review

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

#### Dates

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

Reasoning: High-grade gold within a larger gold-rich intercept.

- Positive factor: High-grade gold sub-interval

Evidence · text

> including 4.35 g/t gold over 1.48 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## 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.
