Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE:BAR)
announced today that drilling has confirmed the discovery of a volcanogenic
massive sulphide ("VMS") system on the Martiniere Property, part of the
Company's Detour Trend Gold Project. Drill holes MDE-11-09, -10, -11 and -16,
collared 43 to 145 metres along strike northeast from previously reported
Martiniere East drill holes MDE-11-04, -05 and -06 (see NR11-12, June 15, 2011)
have intersected a 4.00 to 13.65 metre thick horizon of massive pyrite with
minor associated base metal sulphides. The massive sulphide body overlays an
extensive semi-massive pyrite-rich feeder/stockwork zone which extends for up to
80 metres down-hole below the more massive mineralization.


Initial testing of the Martiniere East Zone encountered an extensive pyrite-rich
feeder/stockwork zone, strong chlorite alteration and post mineral
deformation/alteration associated with broad zones, 29 to 140 metres wide, of
anomalous gold mineralization. Drill holes MDE-11-10 and MDE-11-11 were collared
from the same location approximately 43 metres along projected strike to the
northeast from the section containing holes MDE-11-04 to -06. Holes MDE-11-09
and MDE-11-16 were collared an additional 52 and 102 metres further to the
northeast. Assays results from the recently completed series of holes remain
pending. The sulphide system remains open in all directions and appears to
correlate well with an I.P. anomaly which can be traced for several hundred
metres. Photos from the massive sulphide and feeder/stockwork zones are
available on the Company's website at
www.balmoralresources.com/s/Martiniere.asp.


"The discovery of a previously undetected volcanogenic massive sulphide body in
a region that hosts the large Selbaie deposit (53 million tonnes at 1.0% Cu,
1.9% Zn, 41 g/t Ag, and 0.6 g/t Au) and the prolific Mattagami base metal camp
adds an exciting new element to our Detour Gold Project," said Darin Wagner,
President and CEO of Balmoral Resources. "The Company interprets the massive
sulphide mineralization to represent the distal facies of a typical VMS system.
While we do not anticipate any significant base metal assays from the
mineralization intersected to date, the new discovery is open in all directions
and drilling will continue following completion of a high resolution airborne
geophysical survey and receipt of initial geochemical results."


MARTINIERE WEST DRILLING UPDATE

The Company also reported that it has now completed an additional 16 holes
testing extensions of the Martiniere West Gold Zone. Visible gold mineralization
has been reported from approximately 40% of the holes completed to date. Assay
results remain pending and will be released as they are received by the Company.
Drilling continues at Martiniere West with 6 to 8 additional holes planned
before the drill is shifted to the Detour East Property.


VTEM PLUS SURVEY UNDERWAY

The Company also announced that an extensive high-resolution airborne
electromagnetic and magnetic survey of its Martiniere, N2, Grasset, Harri and
East Doight Properties has commenced. Balmoral has contracted Geotech Ltd. of
Aurora, Ontario to conduct a low-level helicopter supported VTEM Plus and
magnetic gradiometer survey covering the Company's properties. Results from the
VTEM survey, which will be completed over the next 4-6 weeks, will be used by
the Company to assist in additional target identification, resolution and
discrimination.


Balmoral's Detour Gold Trend Project, which extends for 82 kilometres along the
Detour-Sunday Lake Deformation Zone in Central Quebec, includes the Martiniere
Property, the near-surface Lynx and Rambo Gold Zones on the Detour East
Property, the high-grade Fenelon Gold Zone and the recent Grasset Gold
Discovery. Drilling is currently on-going on the Martiniere and Grasset
Properties.


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 properties,
visited the properties on multiple occasions, examined the drill core from the
holes summarized in this release and reviewed the analytical and quality control
results.


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 politically favourable
jurisdictions 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 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.


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