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Welcome to Balmoral Resources Ltd.
A senior executive of one of the pre-eminent mining royalty companies was recently quoted as saying he had "lost faith in exploration and the junior exploration model". We at Balmoral disagree rather strongly.
While the past several years have indeed been challenging for mineral exploration companies and their shareholders, the Balmoral team believes that there are still world-class discoveries to be made. In fact Balmoral has demonstrated that diligent exploration, the application of new models and new exploration technologies, and maybe most importantly the willingness to test new concepts/ideas with the drill can lead to discoveries, on multiple fronts, in the heartland of the North American mining sector.
And the market has not stopped rewarding exploration success. The performance of Balmoral and other successful explorers over the last 18 months has clearly demonstrated this.
Producers and royalty companies are struggling to make profits on lower grade, increasingly remote, and jurisdictionally challenged assets. This makes high-grade, well located discoveries of scale in North America ever more valuable.
One need look no further than the Abitibi region of the Canadian Shield - which stretches across northern Ontario and Central Quebec, where Balmoral is singularly focused. Over the last six years, successful discoverers and developers like Virginia, Queenston, Probe, Osisko, Trelawney, Prodigy, Brigus, Aurizon and West Timmins Mining have all been acquired by larger gold producers looking for well located, quality assets in a safe political jurisdiction.
The Abitibi remains one of, if not the most active region on the planet for merger and acquisition activity in the gold space. The Abitibi region offers a combination of infrastructure, exploration and mining expertise, legal and tenure certainty, mining history/culture, and geological opportunity which is virtually unparalleled on a global basis. The Abitibi boasts world-class gold and copper-zinc deposits together with a broader endowment which includes nickel, platinum, palladium, silver, graphite, diamonds and other mineral deposits.
It is the proverbial jewelry box of geological opportunities.
Balmoral is a proudly Canadian exploration and development company focused on creating shareholder value.
Our objective is to do so through the discovery or acquisition, aggressive exploration, and ultimately sale or development of high-grade, high value, base and precious metal assets in the Abitibi region of Quebec and Ontario. Whether the primary value driver is the further delineation of a high-grade gold system like our Martiniere discovery, or the potential to control the entirety of a brand new nickel-copper-PGE district like the one emerging on our Grasset Property, the key is that we are working hard to deliver value through to our shareholders. In fact, having two expanding, high quality assets and an exceptional land position to explore in the Abitibi makes Balmoral a somewhat unique investment opportunity.
During 2014 and into 2015 we delivered on our primary objective. Balmoral was, for the 2014 calendar year, one the strongest performing mining equities on the Toronto Stock Exchange and the #1 performing Vancouver based mining company. We are very proud of our exploration success and equally proud of our ability to transition that success into the marketplace - even in one of the most challenging environments the mineral exploration industry has seen in recent memory.
Our strong 2014 has created significant market value stability, and set the stage for an exciting and promising year in 2015 and beyond. We thank our shareholders for their continued support and urge them to "Keep the Faith" while the Balmoral team continues to work diligently to discovery, delineate and develop the next round of great Canadian based ore deposits.
While the past several years have indeed been challenging for mineral exploration companies and their shareholders, the Balmoral team believes that there are still world-class discoveries to be made. In fact Balmoral has demonstrated that diligent exploration, the application of new models and new exploration technologies, and maybe most importantly the willingness to test new concepts/ideas with the drill can lead to discoveries, on multiple fronts, in the heartland of the North American mining sector.
And the market has not stopped rewarding exploration success. The performance of Balmoral and other successful explorers over the last 18 months has clearly demonstrated this.
Producers and royalty companies are struggling to make profits on lower grade, increasingly remote, and jurisdictionally challenged assets. This makes high-grade, well located discoveries of scale in North America ever more valuable.
One need look no further than the Abitibi region of the Canadian Shield - which stretches across northern Ontario and Central Quebec, where Balmoral is singularly focused. Over the last six years, successful discoverers and developers like Virginia, Queenston, Probe, Osisko, Trelawney, Prodigy, Brigus, Aurizon and West Timmins Mining have all been acquired by larger gold producers looking for well located, quality assets in a safe political jurisdiction.
The Abitibi remains one of, if not the most active region on the planet for merger and acquisition activity in the gold space. The Abitibi region offers a combination of infrastructure, exploration and mining expertise, legal and tenure certainty, mining history/culture, and geological opportunity which is virtually unparalleled on a global basis. The Abitibi boasts world-class gold and copper-zinc deposits together with a broader endowment which includes nickel, platinum, palladium, silver, graphite, diamonds and other mineral deposits.
It is the proverbial jewelry box of geological opportunities.
IS BALMORAL A GOLD COMPANY OR A NICKEL COMPANY?
Balmoral is a proudly Canadian exploration and development company focused on creating shareholder value.
Our objective is to do so through the discovery or acquisition, aggressive exploration, and ultimately sale or development of high-grade, high value, base and precious metal assets in the Abitibi region of Quebec and Ontario. Whether the primary value driver is the further delineation of a high-grade gold system like our Martiniere discovery, or the potential to control the entirety of a brand new nickel-copper-PGE district like the one emerging on our Grasset Property, the key is that we are working hard to deliver value through to our shareholders. In fact, having two expanding, high quality assets and an exceptional land position to explore in the Abitibi makes Balmoral a somewhat unique investment opportunity.
During 2014 and into 2015 we delivered on our primary objective. Balmoral was, for the 2014 calendar year, one the strongest performing mining equities on the Toronto Stock Exchange and the #1 performing Vancouver based mining company. We are very proud of our exploration success and equally proud of our ability to transition that success into the marketplace - even in one of the most challenging environments the mineral exploration industry has seen in recent memory.
Our strong 2014 has created significant market value stability, and set the stage for an exciting and promising year in 2015 and beyond. We thank our shareholders for their continued support and urge them to "Keep the Faith" while the Balmoral team continues to work diligently to discovery, delineate and develop the next round of great Canadian based ore deposits.
