Detour East Project

 

Brief History

 

Historically, the major exploration activity in the region was 25 kilometres to the southeast with the discovery of the Selbaie VMS deposit in the mid-1970s. At about the same time, across the border in Ontario, the Detour Lake gold deposit was discovered during a base metal exploration program. 

Drilling by Lynx Exploration (now Encana) in 1987 led to the discovery of the Lynx gold zone, which was subsequently explored by Cyprus Canada and American Bonanza. Following the Lynx discovery, Coleraine Exploration discovered the Rambo gold zone to the east (approximately 30 drill holes). Radisson Mining Resources became the property owner in 1995 and conducted several exploration campaigns, including 13 holes totaling 4,016 metres at the Lynx prospect. 

In late 2010, Balmoral Resources Ltd. (“Balmoral”) optioned the property from Radisson and by 2012 Balmoral held a 100% interest in the property. Short drilling programs (for a total of ~2,400 metres) and IP surveys were completed in 2011 and 2012. In 2016, Balmoral completed a 6 drill holes and extended the Lynx gold zone with an intercept of 0.91 g/t Au over 14.25 m, including a higher-grade interval of 5.53 g/t Au over 1.58 m. It also completed an extensive geophysical survey (induced polarization survey) in the northeast part of the property. In 2017, Balmoral completed 15 drill holes totaling 4,695 metres on a variety of grassroots targets located on the northern half of the Detour East property. Only minor gold mineralization was intersected in 2 holes.