Balmoral Commences 2013 Drill Program on Detour Gold Trend

Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX
VENTURE:BAR)(OTCQX:BALMF) announced today that the 2013 drill program has
commenced on the Company's wholly owned Detour Gold Trend Project in Central
Quebec. The principal focus of the 2013 winter drill program will be the further
delineation and expansion of the known zones on the Martiniere Property.


During 2012 the Company successfully continued the expansion of the high grade
Martiniere West Zone on the Martiniere Property. In addition, exploration
drilling led to the discovery of several new high-grade gold zones along and
proximal to the Bug Lake fault, approximately 600 metres to the northeast of the
West Zone. The Bug Lake discoveries are associated with a second major gold
bearing structure on the Property - significantly enhancing the overall
potential of the gold system in the Martiniere area. All known zones remain open
for expansion at shallow depths. 


Initial drilling will target a number of high-priority exploration targets
outside the known gold zones within the broader Martiniere Property, prior to
commencement of expansion work on the known zones. This sequencing will allow
for additional testing of any new discoveries, following receipt of assays,
during the current winter program. Balmoral anticipates completing at least
14,000 metres of drilling during this phase of testing, with additional drilling
already planned for the spring-summer season. The Company is fully-funded to
complete its 2013 objectives. 


"With the exceptional success of our summer/fall 2012 drill programs in
expanding the known zones of mineralization and making new discoveries in the
Martiniere area, we have high expectations for our work on the Detour Gold Trend
Project in 2013," said Darin Wagner, President and CEO of Balmoral Resources
Ltd. 


Balmoral has also commenced a ground geophysical program which will include the
completion of at least 50 line kilometres of induced polarization surveying
("I.P.") on the Company's Doigt and Harri properties. The two properties are
located northwest and due east of the Martiniere Property. Neither of these
properties has been drill tested by the Company to date and both represent
fertile ground for the discovery of new gold and/or base metal systems similar
to those currently being delineated by the Company. 


Quality Control and Assurance

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 and has approved the disclosure herein. Mr. Wagner has supervised
the initial work programs on the properties and visited the properties on
multiple occasions. 


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 resource definition and 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
(604) 638-5815 or Toll Free: (877) 838-3664
jtoporowski@balmoralresources.com
www.balmoralresources.com
Balmoral Resources Ltd (TSXV:BAR)
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