Balmoral Resources Ltd. (TSX:BAR) (OTCQX:BALMF) 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 B.Sc. 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 is a Canadian-based precious metal exploration and development company focused on the delineation and continued expansion of high-grade gold discoveries along the Detour Gold Trend in Quebec, Canada. With a philosophy of creating value through the drill bit and with a focus on proven productive precious metal belts, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery and definition of high-grade, Canadian gold assets.
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