Balmoral Resources Ltd. (TSX:BAR) (OTCQX:BALMF) reported today that, effective immediately, it has appointed Mr. John Foulkes to the position of Vice President, Corporate Development. Mr. Foulkes is an industry veteran with over 20 years of experience as an exploration geologist and manager of corporate development for TSX listed resource companies.
Mr. Foulkes began his career in the industry as an exploration geologist and helped lead the exploration teams that discovered the Jericho and Gahcho Kue diamond deposits in the Canadian arctic. More recently, Mr. Foulkes managed corporate development activities for TSX listed Candente Copper Corp. and Platinum Group Metals Ltd. He also served as an advisor in the same role at MAG Silver Corp. and West Timmins Mining Inc., where he worked with members of Balmoral’s current management team.
“We are very pleased to have John re-join our team and take over the corporate development portfolio” said Darin Wagner, President and CEO of Balmoral. “I am confident that John’s expertise and experience on the technical, analytical and communication fronts will be well received by our shareholder base, and help to further broaden our profile and market exposure.”
About Balmoral Resources Ltd.
Balmoral is a well-funded, Canadian-based company actively delineating and expanding both high-grade gold and nickel discoveries on its wholly owned, 700 square kilometre Detour Trend Project in Quebec, Canada. Led by an award winning exploration team, Balmoral has a philosophy of creating value through the drill bit. By focusing our efforts in proven productive precious/base metal belts in one of the world’s pre-eminent mining jurisdictions, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery and definition of high-grade, Canadian gold and base metal assets.
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