Balmoral Acquires 100% Interest in Detour East Property

Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX
VENTURE:BAR)(OTCQX:BALMF) reported today that the Company has agreed to acquire
a 100% interest in the Detour East Property, part of the Company's Detour Gold
Trend Project in Quebec. The Detour East Property, currently under option to the
Company, adjoins the holdings of Detour Gold who are nearing completion of what
is slated to become Canada's largest gold mine. The Detour East Property hosts a
number of known gold occurrences, including the Lynx and Rambo prospects, and
extends for over 20 kilometres along the Sunday Lake deformation zone which
hosts the nearby Detour Gold deposit. 


Under an agreement between the Company and Radisson Mining Resources Inc. (TSX
VENTURE:RDS) ("Radisson"), and subject to regulatory approval, Balmoral will
acquire from Radisson the entirety of Radisson's retained interest in the Detour
East Property by making a cash payment to Radisson of $200,000, issuing in
favour of Radisson 300,000 common shares and granting to Radisson a 2% net
smelter returns royalty ("NSR") on the mining claims which comprise the Detour
East Property. Balmoral may, at any time, purchase the first half of the NSR
royalty for a payment of $1,000,000 and may similarly purchase the second half
of the NSR for an additional cash payment of $2,000,000. The shares to be issued
will be subject to standard 4 month hold provisions from the date of issue. 


"Today's agreement enables us to further consolidate our holdings along the
Detour Gold Trend and acquire a 100% interest in a strategically important and
highly prospective property in this emerging gold camp," said Darin Wagner,
President and CEO of Balmoral Resources. 


Under the terms of an existing option agreement between Balmoral and Radisson,
the Company had completed payments and work expenditures required to vest an
initial 51% interest in Radisson's interest in the Detour East Property. The
option agreement provided for a second option whereby Balmoral could have earned
an additional 9% interest (for an aggregate 60% interest) in the Property by
funding $1,500,000 in additional exploration expenditures, prior to formation of
a joint venture to further explore and develop the Property. Upon completion of
the acquisition announced today Balmoral will hold a 100% interest in 538
claims, which comprise 97% of the Detour East Property, and a 61% joint venture
interest in an additional 18 claims (3%). The latter claims are subject to a
participatory joint venture between the Company and Encana Ltd., in which the
Company is the operator. 


About Balmoral Resources Ltd. - www.balmoralresources.com

Balmoral is a Vancouver-based precious metal exploration and development company
focused on district scale gold opportunities in North America. 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. 


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 completion of the proposed transaction, 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 receipt of
regulatory approval related to the proposed transaction, 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 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.


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]
[phone] (FAX)
[e-mail]
www.balmoralresources.com