Balmoral Extends Bug Lake Gold Zone by 350 Metres-Doubles Strike Extent, Martiniere Property, Quebec

Balmoral Resources Ltd. (TSX VENTURE:BAR)(OTCQX:BALMF) - 



--  Continues to Intersect High Grade Gold Mineralization in Hanging Wall
    and Footwall including 10.65 g/t gold over 3.34 metres 
--  Bug Lake Zone Remains Open in All Directions



Balmoral Resources Ltd. ("Balmoral" or the "Company") today reported that widely
spaced drilling has successfully extended the Bug Lake Gold Zone by 350 metres
to the south, effectively doubling the known strike extent of the Zone. With the
southern-most hole of the current program returning some of the strongest
intercepts reported today the Zone remains open to the south and to depth on all
sections. The Bug Lake Trend, which includes the Bug Lake, BL Hanging Wall and
BL Footwall Zones, is one of two prominent gold bearing trends located on
Balmoral's Martiniere Property. The Martiniere Property forms part of the
Company's wholly owned 82 kilometre long Detour Gold Trend Project in Quebec.


"Our winter program focused on expanding the scale of the Martiniere Gold
system, and has now successfully doubled the known extent of both the Martiniere
West and Bug Lake Gold Trends, with both remaining open for additional
expansion," said Darin Wagner, President and CEO of Balmoral Resources. "Our
planned summer diamond drill program, which is fully funded, will work to
quantify the potential economic impact of the recent expansions and further
delineate the extensive zones of gold mineralization located along both trends
and elsewhere within the expanding Martiniere Gold System."


Broad zones of anomalous gold mineralization, ranging from 8.84 to 68.63 metres
in down-hole width, were intersected in each of the eleven holes which traced
the southern continuation of the Bug Lake Gold Zone. Ten of eleven reported
holes returned individual intercepts of greater than 3.00 g/t gold (see Table 1
below). Highlighted intercepts include 10.65 g/t gold over 3.34 metres in hole
MDE-13-94, 10.38 g/t gold over 2.66 metres in Hole MDE-13-104 at the southern
end of the trend and a bonanza grade intercept of 129.00 g/t gold over 0.43
metres in hole MDE-13-92. Closer spaced drilling will be required to determine
the extent/orientation of the higher grade sub-zone intercepts and their
relationship to similar high-grade zones located to the north. The southern
segment of the Bug Lake Gold Zone is offset approximately 75 metres to the
northwest (and an as yet undetermined vertical amount) from the previously
drilled, and open ended northern segment of the Zone. See revised plan map of
the Bug Lake Zone located on the Company's website at www.balmoralresources.com.


In addition high-grade gold intercepts in the footwall to the Bug Lake Gold
Zone, of 25.20 g/t gold over 1.00 metre in hole MDE-13-91 and 21.06 g/t over
0.45 metres in hole MDE-13-104 (the two most southerly holes of the program
collared approximately 95 metres apart), may indicate the discovery of another
zone of mineralization similar to the high grade Footwall Zone located to the
north.


Table 1 - Holes MDE-13-85a to MDE-13-94,104 listed in north to south order



----------------------------------------------------------------------------
                                                  Interval                  
Hole                        Dip     From       To       (i)  Gold           
Number     Section Collar Angle  (Metres) (Metres) (Metres)  (g/t) Zone     
----------------------------------------------------------------------------
MDE-13-87     75 S  310 W   -45   105.50   120.56    15.06   0.68  Bug Lake 
including                         110.53   110.99     0.46   3.36  "        
including                         118.55   118.93     0.38   5.59  "        
----------------------------------------------------------------------------
MDE-13-88     75 S  310 W   -60    95.00   106.15    11.15   0.35  Upper Bug
                                                                   Lake     
                                  128.23   155.61    27.38   0.85  Bug Lake 
including                         144.12   144.96     0.84   5.75  "        
----------------------------------------------------------------------------
MDE-13-93     75 S  340 W   -45    25.58    33.29     7.71   1.22  Upper Bug
                                                                   Lake     
                                   75.21    84.05     8.84   0.61  Bug Lake 
----------------------------------------------------------------------------
MDE-13-94     75 S  340 W   -51    36.72   103.25    66.53   0.96  Bug Lake 
including                          37.67    39.74     2.07   3.42  "        
and                                80.43    84.41     3.98   2.37  "        
and                                99.05   102.39     3.34  10.65  "        
----------------------------------------------------------------------------
MDE-13-85a   125 S  360 W   -45    29.17    58.04    28.87   0.90  Bug Lake 
(ii)                                                                     
including                          30.55    33.90     3.35   2.65  "        
and                                56.06    58.04     1.98   4.79  "        
----------------------------------------------------------------------------
MDE-13-86    125 S  360 W   -74    49.72    83.77    34.05   1.93  Bug Lake 
(ii)                                                                     
including                          49.72    74.18    24.46   2.51  "        
and                                54.10    66.87    12.77   3.28  "        
----------------------------------------------------------------------------
MDE-13-89    175 S  310 W   -45    56.97    68.63    11.66   0.86  Upper Bug
                                                                   Lake     
including                          61.52    62.22     0.70   3.08  "        
----------------------------------------------------------------------------
MDE-13-90     175S  310 W   -60    77.44    92.78    15.34   0.69  Upper Bug
                                                                   Lake     
                                  120.93   128.15     7.22   0.73  Bug Lake 
including                         121.32   121.80     0.48   4.51  "        
----------------------------------------------------------------------------
MDE-13-91    235 S  315 W   -45    63.55    78.51    14.96   0.89  Upper Bug
                                                                   Lake     
including                          75.70    78.51     2.81   2.87  "        
                                  178.02   179.02     1.00  25.20  Footwall?
----------------------------------------------------------------------------
MDE-13-92    235 S  315 W   -60    44.76    89.91    45.15   1.88  Upper Bug
                                                                   Lake     
including                          51.58    52.01     0.43 129.00  Hanging  
                                                                   Wall?    
and                                85.99    88.39     2.40   2.31           
                                  113.95   115.05     1.10   3.93  Bug Lake 
----------------------------------------------------------------------------
MDE-13-104   330 S  300 W   -45    74.90    77.56     2.66  10.38  Hanging  
                                                                   Wall?    
                                   89.85   114.73    24.88   1.50  Upper Bug
                                                                   Lake     
including                          97.25   103.00     5.75   2.88  "        
                                  150.58   151.03     0.45  21.60  Footwall?
----------------------------------------------------------------------------
(i)  Reported drill intercepts are not true widths. At this time there is
     insufficient data with respect to the shape of the mineralization to
     calculate true orientations in space.
(ii) Collared into porphyry and did not test Upper Bug target.



Geological Interpretation

Drilling was completed on sections located between 50 and 95 metres apart in an
attempt to locate and trace the southern continuation of the Bug Lake Gold Zone.
A northwest-trending fault offsets the southern continuation of the Bug Lake
fault system and related gold mineralization by approximately 75 metres to the
northwest from the previously tested area to the north. At this point the
vertical offset along this structure remains undetermined.


Along the previously discovered northern segment of the Bug Lake Trend the broad
zone of anomalous gold mineralization which marks the Bug Lake Gold Zone is
typically located west of a prominent, trend/zone parallel quartz porphyry dyke,
between the dyke and the base of the Bug Lake Fault located further west. To the
south of the offset the principal zone of anomalous gold mineralization
gradually migrates to the east or upper side of the quartz porphyry dyke (Upper
Bug Lake Gold Zone) and the dyke itself may mark the base of the Bug Lake Fault.
Mineralization remains similar and is characterized by broad zones of
silicification, quartz+/-carbonate veining, localized shearing and 1-15% fine
grained disseminated pyrite hosted mainly in mafic volcanic and lesser
sedimentary rocks. Higher gold grades are typically associated with increases in
pyrite content and/or quartz-vein hosted, visible gold mineralization.


Drill results from holes MDE-13-95 to MDE-13-103 and MDE-13-105 106, drilled to
test the northern and depth extensions of the Bug Lake Gold Zone remain pending,
as well as holes MDW-13-65 to MDW-13-73 drilled to test for lateral extensions
of the Martiniere West Zone.


Quality Control

Mr. Darin Wagner (P.Geo.), President and CEO of the Company, is the
non-independent qualified person for the technical disclosure contained in this
news release. Mr. Wagner has supervised the work programs on the Martiniere
Property, visited the property on multiple occasions, examined the drill core
and/or photographs from the holes summarized in this release, discussed,
reviewed the results with senior on-site geological staff and reviewed the
available analytical and quality control results.


Balmoral has implemented a quality control program for all of its drill
programs, to ensure best practice in the sampling and analysis of the drill
core, which includes the insertion of blind blanks, duplicates and certified
standards into sample stream. NQ sized drill core is saw cut with half of the
drill core sampled at intervals based on geological criteria including
lithology, visual mineralization and alteration. The remaining half of the core
is stored on-site at the Company's Martiniere field camp in Central Quebec.
Drill core samples are transported in sealed bags to ALS Minerals Val d'Or,
Quebec analytical facilities. Gold analyses are obtained via industry standard
fire assay with atomic absorption finish using 30 g aliquots. For samples
returning greater than 5.00 g/t gold follow-up fire assay analysis with a
gravimetric finish is completed. The Company has also requested that any samples
returning greater than 10.00 g/t gold undergo screen metallic fire assay.
Following receipt of assays visual analysis of mineralized intercepts is
conducted and additional analysis may be requested. ALS Minerals is ISO
9001:2008 certified and the Val d'Or facilities are ISO 17025 certified for gold
analysis.


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 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
604-638-5815 or Toll Free: 1-877-838-3664
604-648-8809 (FAX)
[e-mail]
www.balmoralresources.com