Balmoral Resources Ltd.

12:17 PM EST - Balmoral Resources Ltd. : Has commenced drilling of the Area 52 gold target on its Fenelon Property, part of the Company’s larger Detour Gold Trend project, in Quebec. Area 52 covers a previously untested four-kilometre-long segment of the Sunday Lake deformation zone, the southern extension of the recently identified Area 51 corridor, and the intersection of these two gold bearing structural zones. The Sunday Lake deformation zone is the crustal-scale, east-west trending fault system which controlled the emplacement of the nearby, >20-million-ounce Detour Lake gold deposit. Balmoral Resources Ltd. shares T.BAR are trading up $0.025 at $0.17.