Balmoral Updates Progress on Northshore Property, Ontario

Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX:BAR)(OTCQX:BALMF) has
been advised by GTA Resources and Mining Inc. ("GTA") (TSX VENTURE:GTA) that an
initial NI43-101 resource estimate is currently being completed for the Afric
Gold Zone on the Company's Northshore Property in Ontario. Drilling by GTA under
an option agreement with Balmoral, and by historic operators, has outlined the
Afric Gold Zone over an area of 350 x 500 metres and to a vertical depth of 350
metres below which it remains open for expansion. The Afric Gold Zone exhibits a
high grade core and broad, lower grade halo. Recent drilling has also confirmed
the presence of other high-grade vein systems on the Property. GTA has indicated
to the Company that resource estimate should be completed during the first
quarter or early second quarter of 2014. 


"We are pleased to see the progress at Northshore over the last two years and
look forward to the initial 43-101 compliant resource estimate from the
Property," said Darin Wagner, President and CEO of Balmoral Resources. "Recent
results suggest strong potential to continue to expand the Afric Gold Zone and
additional opportunities to discovery and expand other high-grade veins systems
on the Property."


Located immediately south of the town of Schreiber, Ontario the Northshore
Property is currently 100% owned by Balmoral and under option to GTA. GTA can
earn an initial 51% interest in the Property under the terms of an option
agreement between the companies (see News Release NR11-17; July 27, 2011). Both
Companies anticipate that GTA will vest its initial interest in 2014. Balmoral
currently controls approximately 11.4% of the issued and outstanding common
shares of GTA. 


Quality Control and Assurance

The planning, execution and monitoring of GTA's exploration programs on the
Northshore Property are under the supervision of Mr. Robert (Bob) Duess, P. Geo.
(Ontario), VP Exploration of GTA. Mr. Duess is a qualified person as defined by
National Instrument 43-101 and is also the Qualified Person for this release.
Mr. Duess has supervised the work programs on the Northshore Property,
supervised the collection of the samples and drill core described herein and
reviewed the assays and QA/QC data. Mr. Duess has also reviewed and approved
this release.


About Balmoral Resources Ltd. - www.balmoralresources.com

Balmoral is a Vancouver-based precious metal exploration and development company
focused on delineation of a series of high-grade gold discoveries on its wholly
owned Detour Gold Trend Project located 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 the discovery and definition of
high-grade gold assets. 


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

Darin Wagner, President and CEO

This press release contains forward-looking statements and forward-looking
information (collectively, "forward-looking statements") within the meaning of
applicable Canadian and United States securities laws. All statements, other
than statements of historical fact, included herein, including statements
regarding the anticipated content, commencement, duration and cost of
exploration programs, anticipated exploration program results, the discovery and
delineation of mineral deposits/resources/reserves, the timing of the receipt of
assay results, and business and financing plans and trends, are forward-looking
statements. Forward-looking statements are typically identified by words such
as: believe, expect, anticipate, intend, estimate, postulate and similar
expressions or are those which, by their nature, refer to future events.
Although the Company believes that such statements are reasonable, there can be
no assurance that such statements will prove to be accurate, and actual results
and future events could differ materially from those anticipated in such
statements. The Company cautions investors that any forward-looking statements
by the Company are not guarantees of future performance, and that actual results
may differ materially from those in forward-looking statements. Important
factors that could cause actual events and results to differ materially from the
Company's expectations include those related to weather, equipment and staff
availability; performance of third parties; risks related to the exploration
stage of the Company's projects; market fluctuations in prices for securities of
exploration stage companies and in commodity prices; and uncertainties about the
availability of additional financing; risks related to the Company's ability to
identify one or more economic deposits on the properties, and variations in the
nature, quality and quantity of any mineral deposits that may be located on the
properties; risks related to the Company's ability to obtain any necessary
permits, consents or authorizations required for its activities on the
properties; and risks related to the Company's ability to produce minerals from
the properties successfully or profitably. 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] / Toll Free: [phone]
[e-mail]
www.balmoralresources.com