Balmoral More Than Doubles Strike Extent of West Zone Style Gold Mineralization at Martiniere

--  Extends High-Grade Gold System by Over 500 Metres 
--  System Remains Open in All Directions for Further Expansion 



Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX
VENTURE:BAR)(OTCQX:BALMF) today reported that initial results from the on-going
Winter 2013 drill program on its Martiniere Property in Quebec have confirmed a
major expansion of the Martiniere Gold System. The Martiniere Property forms
part of the Company's wholly owned 82 kilometre long Detour Gold Trend Project
in Quebec.


Results from four widely spaced holes drilled to the southwest along projected
strike from the high-grade Martiniere West Zone, encountered similar high-grade
gold mineralization up to 510 metres along strike from the previously known
southwest margin of the West Zone. High-grade gold intercepts have now been
reported for over 850 metres along this structural trend, from the northeastern
margin of the West Zone to the southwestern-most hole drilled to date
(MDX-13-17a). These results also increase the known extent of the Martiniere
gold system, which includes the West, Central, ME-16 and Bug Lake area Zones, to
approximately 2,000 metres in a northeast-southwest direction (See Figure below)
and it remains open-ended. Results were highlighted by an intercept of 6.71 g/t
gold over 7.40 metres (including 12.28 g/t gold over 2.45 metres) in hole
MDX-13-13, and hole MDX-13-17a which returned two separate high grade intercepts
of 10.67 g/t gold over 2.45 metres and 8.19 g/t gold over 2.22 metres. 


"More than doubling the known extent of West Zone style mineralization and
having a very high rate of success with such widely spaced, first pass drill
holes in this type of high-grade gold system further reinforces the scale and
upside potential at Martiniere" said Darin Wagner, President and CEO of Balmoral
Resources. "While it's too early to suggest continuity of these new intercepts
with the more extensively drilled West Zone it's clear that the gold-bearing
system remains strong well outside our previous drilling and that there is now
potential to develop near surface, high-grade gold resources over a
significantly expanded strike length."


Gold Results



----------------------------------------------------------------------------
Hole                       From             To    Interval(i)           Gold
Number                 (Metres)       (Metres)       (Metres)          (g/t)
----------------------------------------------------------------------------
MDX-13-11                100.84         101.86           1.02           6.26
                         216.60         217.78           1.18           1.10
----------------------------------------------------------------------------
MDX-13-13                 59.25          60.30           1.05           4.44
                          94.12          95.15           1.03           4.26
                         237.57         261.71          24.14           2.29
Including                250.52         257.92           7.40           6.71
which includes           254.65         257.10           2.45          12.28
----------------------------------------------------------------------------
MDX-13-15                106.00         128.00          22.00           0.20
Including                118.48         119.13           0.65           1.57
                         188.64         189.17           0.53           3.49
----------------------------------------------------------------------------
MDX-13-17a               123.25         147.34          24.09           1.05
Including                127.03         129.25           2.22           8.19
and including            136.19         136.99           0.80           4.59
                         174.37         176.82           2.45          10.67
----------------------------------------------------------------------------



(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.


To view the Schematic Long Section Figure, please visit the following link:
http://media3.marketwire.com/docs/BAR0303.pdf


Geological Interpretation

The high-grade gold intercepts in holes MDX-13-11, 13, 15 and 17 all occur along
the projected strike of the West Zone. The gold mineralization in each hole is
hosted within zones of weak to moderate shearing located within the same
gabbroic intrusion as the West Zone. Anomalous to high-grade gold values within
the sheared gabbro occur in association with moderate to strong silica flooding,
quartz +/- carbonate veining and areas of increased (3-10%) sulphide (primarily
pyrite) mineralization. All of these characteristics are in keeping with the
known mineralization in the West Zone. The host gabbro body can be traced in
geophysical data for an additional 500 metres to the southwest were it is
anticipated to intersect the regional scale Sunday Lake Deformation Zone which
hosts the multi-million ounce Detour Gold deposit 45 kilometres to the west.
This area remains untested.


Four additional holes, MDX-13-8 to 10 and 12, tested a geochemical anomaly 300+
metres west of the holes reported above, on the west side of the Martiniere
gabbro complex. These holes intersected a number of zones of alteration and
veining but no significant gold mineralization. Hole MDX-13-14 tested an
isolated geochemical anomaly located east of the projected strike of the West
Zone trend and north of the Sunday Lake Deformation Zone intersecting weakly
anomalous gold mineralization over narrow intervals associated with
quartz-carbonate veining. Final results from holes MDX-13-16 and MDX-13-18,
which tested a geochemical anomaly located two kilometres to the southwest along
the Sunday Lake Deformation Zone remain pending. 


Drilling continues with two drills on site at Martiniere. One is currently
conducting expansion drilling in the immediate vicinity of the West Zone and the
second is testing for shallow, along strike extensions of the Bug Lake Zone.
Additional drilling in the area of the discoveries reported today is currently
being planned. To date 30 drillholes, totaling 7,700 metres, have been completed
since the Winter 2013 program was initiated in January. The Winter 2013 and
planned Summer 2013 drill programs on the Detour Gold Trend project are fully
funded. 


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 Vancouver-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 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
(604) 638-5815 / Toll Free: (877) 838-3664
jtoporowski@balmoralresources.com
www.balmoralresources.com
Balmoral Resources Ltd (TSXV:BAR)
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