Balmoral Reports Additional Bonanza Grade Gold Assays From Chip Sampling on Northshore Property, Ontario

Balmoral Resources Ltd. (TSX-V: BAR; OTC: BALMF)  announced today that it has received the results of a recent surface chip sampling program and a preliminary review of the drilling completed on the Northshore Property by partner GTA Resources and Mining Inc. GTA reports that a total of 55 chip samples were collected from two gold bearing quartz vein systems on its Northshore Property in Ontario. All samples returned anomalous to bonanza grade gold values ranging from 1.10 g/t gold to 798.82 g/t gold (see attached tables). Over 78% of samples collected returned gold values greater than 10.00 g/ton, and over half returning gold grades in excess of 25.00 g/t gold.

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