Balmoral Reports Resumption of Drilling at Northshore Property

Balmoral Resources Ltd. ("Balmoral"or the "Company") (TSX
VENTURE:BAR)(OTCQX:BALMF) has been advised by GTA Resources and Mining Inc.
("GTA") that drilling has resumed on the Company's Northshore Property located
near Schreiber, Ontario. The Northshore Property hosts the Afric Gold Zone, a
broad at/near surface gold zone which has, to date, been outlined over an area
of 500 x 350 metres and intersected to a vertical depth of 350 metres. Several
high-grade vein structures have been identified within the broader Afric Zone
and these, along with extensions of the Afric Zone, will be the focus of the
planned drill program. GTA has indicated that they plan to complete 2,500 metres
of drilling during the current program. 


Gold mineralization on the Northshore Property is hosted within a sequence of
felsic intrusive and lesser volcanic rocks. The Afric Zone is characterized by
strong fracturing, moderate to locally strong alteration, disseminated sulphide
mineralization and locally abundant visible gold. The mineralization is most
similar to that associated with porphyry-style gold deposits and remains open in
several directions. High-grade mineralization typically occurs in quartz veins
and veinlets hosted by north-northeast trending fracture sets within the broader
Afric Zone. Additional high-grade vein systems on the property, including the
one associated with the former producing Northshore Mine, also remain to be
evaluated. 


Located immediately south of the town of Schreiber, Ontario within the
Hemlo-Schreiber greenstone belt, the Northshore Property is currently 100% owned
by Balmoral and under option to GTA. GTA can earn an initial 51% interest in the
Property under the terms of an option agreement between the companies (see News
Release NR11-17; July 27, 2011). 


Martiniere Drilling Update

Drilling continues on Balmoral's flagship Detour Gold Trend Project, with two
drills active on the Martiniere Property. Drilling is currently focused on the
expansion of the Martiniere West and Bug Lake gold zones. To date, a total of 20
holes have been completed along the Bug Lake Fault Zone and 8 holes in the
Martiniere West area. In addition, 15 exploration holes (MDX series) were
completed at the start of the winter drill campaign. 


As previously announced (see NR13-06, March 4, 2013), the initial results from
the winter program more than doubled the known extent of the Martiniere West
gold bearing structure, with high-grade gold mineralization now having been
intersected over 850 metres along strike in the Martiniere West area and
remaining open in all directions. 


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. 


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 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
(604) 648-8809 (FAX)
jtoporowski@balmoralresources.com
www.balmoralresources.com
Balmoral Resources Ltd (TSXV:BAR)
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