Balmoral Files Early Warning Report With Respect to Holdings in GTA Resources and Mining Inc.

Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX:BAR)(OTCQX:BALMF) has
filed an early warning report, as required by National Instrument 62-103 - "The
Early Warning System and Related Takeover Bid and Insider Reporting Issues" in
relation to its holdings in TSXV-listed GTA Resources & Mining Inc. ("GTA"). The
Early Warning Report was filed following the Company's receipt of an additional
1,000,000 GTA common shares pursuant to the terms of the Northshore Property
Option Agreement (the "Option Agreement") between the parties (see NR11-17; July
27, 2011). 


Balmoral now holds 3,055,555 common shares of GTA representing approximately
11.4% of the issued and outstanding common shares of GTA. 


The Company acquired the securities of GTA for investment purposes only, and not
for the purpose of influencing control or direction over GTA. The Company will
continue to review its holdings in GTA from time to time, and may increase or
decrease its position as future circumstances dictate. 


A copy of the Early Warning Report has been filed with the applicable securities
commissions and is available on the SEDAR website at www.sedar.com. For further
information, or to obtain a copy of the Early Warning Report please contact the
undersigned.


In addition to the 1,000,000 share payment Balmoral also received $25,000 in
cash as per the terms of the Option Agreement. The Option Agreement remains in
good standing. GTA may complete its First Option earn-in obligations, and earn
an initial 51% interest in the Northshore Property, by completing $2,500,000 in
eligible exploration expenditures on the Northshore Property prior to the third
anniversary of the Option Agreement (September 27, 2014). 


The Northshore Property hosts the Afric Gold Zone, a broad at/near surface gold
zone which has, to date, been outlined over an area of 500 x 350 metres and
intersected to a vertical depth of 350 metres. Several high-grade vein
structures have been identified within the broader Afric Zone and recent
drilling has identified high-grade gold bearing vein structures proximal to the
former producing Northshore Mine located on the Property.


In addition to the Northshore Property GTA holds a 100% interest in the 280
square kilometre Auden Property which covers the eastern extension of the
prolific Beardmore-Geraldton greenstone belt and which is strategically located
near recent high-grade graphite discoveries in north-western Ontario. GTA also
holds an option on the Squid East gold-silver property located in the Yukon.


Mr. Darin Wagner (P.Geo) is the non-independent qualified person for the
technical information contained within this release. Mr. Wagner has visited the
Northshore Property on several occasions and has reviewed the relevant technical
information contained herein. 


About Balmoral Resources Ltd. - www.balmoralresources.com

Balmoral is a Canadian-based precious metal exploration and development company
focused on 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. 


On behalf of the board of directors of BALMORAL RESOURCES LTD.

Darin Wagner, President and CEO

This news release contains information with respect to adjacent or similar
mineral properties in respect of which the Company has no interest or rights to
explore or mine. Readers are cautioned that the Company has no interest in or
right to acquire any interest in any such properties, and that mineral deposits
on adjacent or similar properties are not indicative of mineral deposits on the
Company's properties.


Trading in the securities of the Company should be considered highly
speculative. All of the Company's public disclosure filings may be accessed via
www.sedar.com and readers are urged to review these materials, including the
latest technical reports filed with respect to the Company's mineral properties.


This press release is not, and is not to be construed in any way as, an offer to
buy or sell securities in the United States.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Balmoral Resources Ltd.
John Toporowski
Manager, Corporate Development
[phone] or Toll Free: [phone]
[e-mail]
www.balmoralresources.com