Balmoral Receives Northshore Property Drilling Update

NEWS RELEASE.

November 21, 2012: Vancouver, BC – Balmoral Resources Ltd. (Stock Profile – TSXV:BAR & OTCQX:BALMF) reports initial phase 3 drill results from its Northshore property located in the Hemlo greenstone belt in Ontario. Results indicate an expansion of the broad Afric, and higher grade internal Audney, gold zones to the southwest. Hole WB-12-27, the southwestern-most hole reported, returning an intercept of 132.00 metres grading 0.71 g/t gold and an Audney vein intercept of 31.60 g/t gold over 0.50 metres. Hole WB-12-27 contained several additional high-grade vein intercepts.

Drill hole WB-12-24, the only hole of the program to test the Caly vein system, appears to have intersected the Caly vein near the top of the hole with a one metre interval, starting at 9.00 metres down the hole, returning 7.88 g/t gold.

For a complete table of the results – CLICK HERE.

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