Balmoral Resumes Drilling on Northshore Property

Balmoral Resources (OTCQX: BALMF; TSX-V: BAR) has resumed drilling at the Company’s Northshore Property as a follow up on the encouraging results from the fall 2011 program.  As a reminder, the fall 2011 program intersected a broad zone of gold mineralization, the Afric Zone, which returned capped intercepts of 150.00 metres grading 0.99 g/t gold, 159.00 metres grading 1.05 g/t gold, and 149.50 metres grading 1.20 g/t gold from holes WB-11-07, WB-11-09 and WB-11-11 respectively.

In addition to expanding on the broader gold mineralized system at Northshore, the current program will also target extensions to the high-grade Audney and Caly vein systems, as well as testing other high-grade gold-bearing vein networks on the property. The Audney vein system returned a number of high-grade intercepts including 13.23 g/t gold over 6.50 metres during testing in late 2011.

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