Balmoral Resources Ltd. announced the discovery of two new shallow zones of gold mineralization, down- plunge extensions to the Bug North and Lower Steep gold deposits and the deepest high-grade gold results to date from its wholly owned Martiniere Property, part of Company’s Detour Gold Trend Project, in west-central Quebec. Drill hole BLD-16-03, designed to extend the Lower Steep gold deposit to depth, intersected two new, near surface gold zones. These two discoveries, which include an intercept of 5.80 metres grading 10.51 g/t gold within a broader 18.06 metre wide gold zone, are located at vertical depths of only 45 and 110 metres. The new discoveries occur in a largely untested area of the property, approximately 450 to 500 metres east of the Bug Lake Gold Trend. Winter drilling, anticipated to begin within the next three to four weeks, will follow-up on these shallow gold discoveries and continue the delineation of the Bug Lake gold deposits. BLD-16-03 also successfully extended the Lower Steep deposit returning multiple high-grade gold intercepts. These include high-grade Footwall Zone intercepts extending to the end of the hole at a vertical depth of 740 metres. This represents a 200 metre, or 37% vertical extension, to the known high- grade gold mineralization along the Bug Lake Gold Trend. These deep intercepts are part of an open- ended, 52 metre wide, zone of anomalous gold mineralization in which the hole terminated having reached the maximum capacity of the drill rig. All deposits along the Bug Lake Gold Trend, and the overall system, remain open to depth for continued expansion. Hole MDE-16-236 extended the Bug North gold deposit 90 metres down-plunge, to approximately 460 metres, with an Upper Bug Zone intercept of 11.71 metres grading 6.06 g/t gold, including 2.32 metres grading 27.74 g/t High-grade gold mineralization was also intersected in the Hanging Wall and Lower Bug Zones. It also returned a number of shallow gold bearing intercepts which may correlate with similar intercepts in the ME-23 Gold Zone 170 metres to the north, including an intercept of 6.91 metres grading 4.22 g/t gold at a vertical depth of <35 metres. Drill hole BLD-16-02 was drilled beneath the projected plunge line of the Lower Steep deposit. It intersected several high-grade gold veins in a mixed sequence of sedimentary, intrusive and volcanic rocks. This rock sequence, located north-east of the main Bug Lake Trend and immediately south of the Lac du Doigt fault system has seen very little previous testing, but as indicated by the results from BLD- 16-02, also has the potential to host high-grade gold mineralization.