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Balmoral Resources Ltd.

03:17 PM EST - Balmoral Resources Ltd. : Reported the initial results from the winter 2016 drill program on the Company's Detour Trend Project in Quebec. Results were highlighted by intercepts of 14.08 g/t gold over 12.56 metres including 199.00 g/t gold over 0.85 metres, 11.55 g/t gold over 4.47 metres and 3.31 g/t gold over 15.42 metres, including a higher grade core of 6.08 g/t over 5.30 metres, from the first three holes testing the southern portion of the Bug Lake Gold Trend on the Company's Martiniere Property. Balmoral Resources Ltd. shares T.BAR are trading up $0.04 at $0.70.