Balmoral Receives Northshore Property Drilling Update

Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX
VENTURE:BAR)(OTCQX:BALMF) today received initial Phase 3 drill results from its
Northshore Property located in the Hemlo greenstone belt in Ontario. Results
indicate an expansion of the broad Afric, and higher grade internal Audney, gold
zones to the southwest. Hole WB-12-27, the southwestern-most hole reported,
returning an intercept of 132.00 metres grading 0.71 g/t gold and an Audney vein
intercept of 31.60 g/t gold over 0.50 metres. Hole WB-12-27 contained several
additional high-grade vein intercepts. 


Drill hole WB-12-24, the only hole of the program to test the Caly vein system,
appears to have intersected the Caly vein near the top of the hole with a one
metre interval, starting at 9.00 metres down the hole, returning 7.88 g/t gold. 




----------------------------------------------------------------------------
Hole            Depth    Dip      From       To Interval(i)   Gold   Zone   
Number       (metres)  Angle  (metres) (metres)    (metres)  (g/t)          
----------------------------------------------------------------------------
WB-12-21          200    -50     80.00   115.00       35.00   0.20   Afric  
----------------------------------------------------------------------------
WB-12-22          101    -70      4.00    46.00       42.00   0.24   Afric  
----------------------------------------------------------------------------
WB-12-23          164    -50     43.00    48.00        5.00   0.21   Afric  
----------------------------------------------------------------------------
WB-12-24          230    -50      9.00    10.00        1.00   7.88   Caly   
                                 77.00   147.00       70.00   0.20   Afric  
----------------------------------------------------------------------------
WB-12-25          347    -50      3.00    19.00       16.00   0.82   Afric  
including                         4.00    10.00        6.00   1.89          
                                150.00   152.00        2.00   8.65          
                                252.30   343.40       91.10   0.42   Afric  
including                       340.00   341.00        1.00   6.19          
----------------------------------------------------------------------------
WB-12-26          410    -50    124.80   190.90       66.10   0.62   Afric  
including                       150.40   150.90        0.50  47.20   Audney 
                                302.00   378.00       76.00   0.49   Afric  
including                       338.00   340.00        2.00   8.82          
----------------------------------------------------------------------------
WB-12-27          302    -50    129.00   261.00      132.00   0.71   Afric  
including                       129.00   161.00       32.00   1.71          
which                                                                       
 includes                       136.50   137.50        1.00  11.30          
and                             147.00   147.50        0.50   6.80          
and                             160.50   161.00        0.50  31.60   Audney 
and                             220.00   221.00        1.00  18.90          
and                             258.00   259.00        1.00   5.19          
----------------------------------------------------------------------------
                                                                            
(i) Widths as shown represent core length, insufficient drilling has been   
completed to determine true thicknesses                                     



Exploration on the Northshore Property is being funded by, and is under the
direction of, GTA Resources and Mining Inc. ("GTA") under an option earn-in
agreement. Results from an additional 8 holes, completed as part of the Phase 3
drill program, remain pending. An updated plan map showing collar locations and
drill hole traces is available on the Company's website at
www.balmoralresources.com.


Quality Control and Assurance

The planning, execution and monitoring of exploration programs on the Northshore
Project are under the supervision of Mr. Robert (Bob) Duess, P. Geo. (Ontario),
V.P. Exploration of GTA. Mr. Duess is a qualified person as defined by National
Instrument 43-101 and is 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. 


GTA has implemented a quality control program for the drill programs on the
Northshore Property to ensure best practice in sampling and analysis. GTA
maintains strict quality assurance/quality control protocols including the
systematic insertion of certified standard reference and blank materials into
each sample batch. Analyses in this release were performed by AGAT Laboratories
Ltd. of Sudbury, Ontario, which has ISO 17025 accreditation. Samples are
transported in security sealed bags to AGAT and all samples were assayed using
industry-standard assay techniques for gold. Gold was analyzed by a standard 30
gram fire assay with an ICP and/or gravimetric finish. 


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