Balmoral Resources Ltd.
TSX VENTURE : BAR

Balmoral Resources Ltd.

July 11, 2011 08:00 ET

Balmoral Resumes Drilling at Martiniere West, Detour Gold Trend, Quebec

Follow-Up Drilling to Focus on High Grade Core of Martiniere West Zone

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2011) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE:BAR) announced today that it has resumed drill testing of the high grade West Zone discovery on its Martiniere Property located along the Detour Gold Trend in Quebec. Drilling will focus on expanding the high grade core of the West Zone, which returned multiple high grade gold intercepts including 10.51 g/t gold over 9.72 metres and 10.58 g/t gold over 6.93 metres hole MDW-11-04 and 13.01 g/t gold over 12.00 metres and 4.54 g/t gold over 5.25 metres from hole MDW-11-01 (see News Release NR11-06 – April 15, 2011) from the Phase 1 2011 drill program.

The Phase 2 drill program will focus on expanding the high grade core of the West Zone along strike and down dip/plunge. Twenty seven holes, totaling approximately 4,200 metres, are currently planned as part of this program. Additional drill testing of the recently announced Grasset gold discovery, the Martiniere East Zone and initial testing of the Detour East Property are also anticipated to be included in the Phase 2 drill program. Additional drill capacity will be added to the program over the next 1-2 weeks as permitting and availability permits.

The Martiniere Property forms part of Balmoral's district scale Detour Gold Trend Project. The Project extends for over 70 kilometres along the regional gold-bearing Detour-Sunday Lake Deformation Zone, which hosts the multi-million ounce Detour Gold deposit which is currently under development. Balmoral's Detour Gold Trend Project includes the Martiniere West, Central and East Gold Zones, the high-grade Fenelon Zone, the Lynx and Rambo prospects on the Detour East Property and the new Grasset discovery. By systematically employing modern exploration technologies and models to the least explored of the major gold trends in the most prolific gold belt in the America's, Balmoral is looking to create shareholder value through resource definition and discovery.

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, visited the properties on multiple occasions, examined the drill core from some of the holes summarized in this release and reviewed the 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. This includes the insertion of blind blanks and certified standards into the 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 securely stored on-site at the Company's Fenelon camp in Central Quebec. Drill core samples are transported in sealed bags to ALS-Chemex's Val d'Or, Quebec analytical facilities. Gold analyses are obtained via industry standard fire assay with atomic absorption finish using 50 g aliquots. For samples returning greater than 1.0 g/t gold the sample is re-analyzed via fire assay with a gravimetric finish. The Company has also requested that any samples returning greater than 8.0 g/t gold undergo screen metallic assay. Following receipt of assays visual analysis of mineralized intercepts is conducted and additional geochemical analysis may be requested to insure the accurate representation of mineralized zones. ALS Chemex is an ISO 9001-200 and ISO 17025 certified laboratory.

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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