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Balmoral Resources Ltd.

Balmoral Resources Ltd. is a Vancouver-based precious metal exploration and development company focused on the delineation of both high-grade gold and nickel-copper-PGE discoveries on its wholly owned Detour Gold Trend project in Quebec, Canada. With a philosophy of creating value through the drill bit and with a focus on proven productive precious metal belts, Balmoral is following an established formula with a goal of maximizing shareholder value through the discovery and definition of high-grade gold and base metal assets.

Expert Comments:

James Kwantes, Resource Opportunities (5/1/15)
"On Apr. 20, Balmoral Resources Ltd. announced results from the first nine drill holes on its wholly-owned Martiniere property east of Detour Gold Corp.'s mine, and there were some nice high-grade hits. Hole MDE-15-166 intersected 19.55 g/t gold over 44.45m, including 34.84 g/t gold over 24.14m, and MDE-15-73 hit 4.28 g/t gold over 53.78m. The company also hit some strong base-metals mineralization that it associates with the adjacent Martiniere East volcanogenic massive sulfide system. . .Detour Gold is the natural suitor. . .but if it is not interested, I expect other majors active in the Abitibi greenstone belt are paying attention."

Wayne Hewgill, Haywood Securities (4/27/15)
"Balmoral Resources Ltd. announced results from the first nine holes drilled on the Bug Lake trend on the company's Martiniere project in northern Quebec. . .highlights from the Footwall zone returned 44.45m grading 19.55 g/t Au including 24.14m of 34.84 g/t Au. . .starting at a depth of 87.7m, drilling returned a zone of mineralization including both the Bug Lake and Footwall zones averaging 4.28 g/t Au over 54.78m. . .additional drilling is expected to assist in the understanding of the structural environment. . .the 2015 drill campaign has focused on expansion and delineation of the near-surface potential of the Bug Lake zone."

Eric Lemieux, PearTree Securities Inc. (4/21/15)
"Drill results in the core of Balmoral Resources Ltd.'s Bug Lake system show complexity but fertile gold zones that remain open. Again, several pots on the fire suggest an active news flow for spring and more work warranted this summer."

Canaccord Genuity's Morning Coffee (4/21/15)
"Balmoral Resources Ltd. on Monday reported results for the first nine holes from the recently completed winter 2015 drill program on the company's wholly owned Martiniere property. . .results were highlighted by intercepts of 19.55 g/t gold over 44.45m, including 34.84 g/t gold over 24.14m in hole MDE-15-166, one of the strongest intercepts to date from the Footwall zone, and 4.28 g/t gold over 53.78m from the combined Lower Bug Lake and Footwall zones in hole MDE-15-73, including 7.01 g/t gold over 22.48m through the Footwall zone."

Haywood Securities (4/16/15)
"Balmoral Resources Ltd. continues to expand its Grasset Ni-Cu-PGE project. . .the success of Grasset, discovered in 2014, represents a major shift in focus for the company from gold-only to multi-commodity explorer. Balmoral has also continued work at its Martiniere gold project."

Mick Carew, Haywood Securities (4/9/15)
"Importantly, Balmoral Resources Ltd.'s drilling to the northwest of the previously defined Ni-Cu-PGE mineralized zone has extended Horizon 3 by ~20% to about 480m; more significant, however, are the results of the exploration drill program targeting electromagnetic (EM) conductors conductors 6 km northwest of Horizon 3 along the Gasset Ultramafic Complex (GUC). These results not only confirm the presence of sulphidebearing ultramafic units along the northwest-southeast trending magnetic anomaly defining the GUC, but appear to validate the association between EM conductors and the presence of sulphide lenses within the ultramafic complex."

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