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Balmoral Resources Ltd.

11:40 AM EST - Balmoral Resources Ltd. : Announced the discovery of a new near surface zone of high grade gold mineralization, the fourth new discovery from the summer/fall 2016 drill program, on its Martiniere Property in Quebec. The new discovery returned an intercept of 11.66 metres grading 6.25 g/t gold. This includes a higher grade core of 5.47 metres grading 12.48 g/t gold. Balmoral Resources Ltd. shares T.BAR are trading up $0.06 at $0.96.