April 25, 2012: Vancouver, BC – Balmoral Resources Ltd. (Stock Profile – TSXV:BAR) reported results from four additional holes testing the eastern portion of the Martiniere gold system. The Martiniere gold system is a broad (250-325 metres wide), open-ended corridor of structural deformation and gold mineralization which has now been traced for approximately 1,500 metres along strike across the Company’s Martiniere Property. Localized within the Martiniere gold system are several high-grade gold zones, including the Martiniere West Zone, associated with broader haloes of strongly anomalous gold mineralization.
Today’s results provide additional confirmation for three styles of gold (+/- silver) mineralization in the Martiniere East area, located approximately one kilometre northeast of the West Zone, and continue to expand the overall scale and scope of the Martiniere gold system.
Results are highlighted by an intercept of 6.40 g/t gold over 6.30 metres in hole MDE-12-23 from a previously unidentified quartz-carbonate vein system. Holes MDE-12-22 and 12-24, drilled to depth from the same set ups as holes MDE-12-21 and MDE-12-23 respectively, both intersected broad zones of anomalous gold mineralization including 1.00 g/t gold over 54.00 metres gold from hole MDE-12-24, representing the down dip extension of a series of similar intercepts reported from the 2011 program.
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