Announces Appointment of Mr. Dan MacInnis as a Director of the Company
Vancouver, Feb 6, 2014 AEST (ABN Newswire) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (
TSE:BAR) (BALMF:OTCMKTS) is pleased to announce that Mr. Dan MacInnis (P.Geo) has joined the Company as a member of the Board of Directors, effective February 5, 2014. Mr. MacInnis recently retired as the President and CEO of TSX-listed MAG Silver Corp. During his tenure at MAG, he directed the financing of over $140 million dollars, and led one of the silver sector's most successful explorers through the discovery of the high-grade Juanicipio/Valdecanas silver veins and the Upper Manto and Pegaso silver, lead and zinc mantos at Cinco de Mayo in Mexico. Mr. MacInnis has forty years' experience in mineral exploration worldwide. He has managed and directed multi-million dollar exploration programs for MAG Silver, Noranda Exploration, Battle Mountain Gold/Hemlo Gold, and Sargold Resources. Mr. MacInnis has extensive global experience in property acquisitions and joint venture, management and operation.
A significant number of mineral discoveries have been made under his guidance, including gold and base metal deposits in the US, Canada and Mexico. Mr. MacInnis is a Registered Professional Geoscientist (P.Geo) and is a graduate of Saint Francis Xavier University with a BSc. in Geology. Mr. MacInnis has served as an advisor to the Company since its inception.
"We are very pleased that Dan has joined the Board of Balmoral." said Darin Wagner, President and CEO of Balmoral. "His extensive, successful exploration track record and impeccable character will further strengthen the Board and provide additional insight in our quest to continue to move our high-grade gold discoveries forward, enhance our exploration efforts and aid in maximizing the value of our assets for our shareholders."
About Balmoral Resources Ltd
Balmoral Resources Ltd. (
TSE:BAR) (OTCMKTS:BALMF) is a Canadian-based discovery company focused on high-grade nickel and gold discoveries on its wholly owned, 700+ square kilometre Detour Trend Project in Quebec, Canada. With a philosophy of creating value through the drill bit and a focus on proven productive precious/base metal belts, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery and definition of high-grade, Canadian base metal and gold assets.
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