Balmoral Resources Announces Additional Drill Results from Detour Trend Gold Project

Balmoral Resources, a Vancouver-based exploration company, has declared further drill results from the Martiniere East area of its Detour Trend Gold Project.

Four drill holes encountered considerable gold mineralization with high-grade intercepts of 6.10 m grading 5.42 g/t gold and 3.30 m grading 7.53 g/t gold and high-grade intercepts of 53.00 m grading 0.88 g/t, 44.60 m grading 0.97 g/t gold. Drilling is likely to continue on the Detour Trend Gold Project in June second week, 2012.

Highlights of the drill program are as follows:

• Discovery of Bug Lake Fault, a third gold bearing structural zone, on the Martiniere property which is outlined over 150 m strike length and remains exposed in all directions.
• Wide gold bearing intercepts extend potential of Martiniere West footwall gold findings.
• High-grade gabbro hosted intercept east of Bug Lake Fault offers possible extension of Martiniere West/Central system

Balmoral Resources’ President and Chief Executive Officer, Darin Wagner commented that present results highlight the occurrence of significant gold mineralization, the prospects related to this latest discovery, and expand the gold system in the Martiniere East region. Wagner added that further drilling is required to improve the company’s present working model, and the validation of considerable gold mineralization over the Bug Lake Fault proves encouraging for future exploration on the Detour Gold Trend Project.

So far six holes, including MDE-12-25 and MDE-12-26, have encountered gold mineralization over the Bug Lake Fault. These drill holes have delineated a new gold bearing trend, which is at right angles to the Martiniere East and West trends. Similar slanting to cross-cutting gold bearing structures have been identified in the Detour Gold deposit region that lies 45 km towards the west.

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