Bonaparte Resources Inc. Intersects 0.84 g/t Gold and 1.58% Copper Over 8.01 Metres at Hopper Property, Yukon

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UNITED STATES


Bonaparte Resources Inc. (TSX VENTURE:BON) ("Bonaparte") is pleased to announce
assay results from the final five diamond drill holes completed during the 2011
exploration program at the Hopper property, located in southwestern Yukon
Territory, Canada. Diamond drilling focused on skarn mineralization developed
within shallowly dipping carbonaceous sedimentary rocks peripheral to a granitic
intrusion that hosts porphyry-style showings.


News release highlights:



--  All five holes intersected mineralized stacked skarn horizons with the
    most significant intercepts returning 0.54 g/t gold and 1.62% copper
    over 8.50 m and 0.84 g/t gold and 1.58% copper over 8.01 m,
    respectively; 

--  The relatively flat lying mineralized skarn horizons were identified in
    2011 over a 500 by 300 m area and to a depth of 250 m and remain open in
    all directions; and, 

--  A VTEM geophysical survey and soil geochemistry have identified
    additional drill targets on the property. 



Diamond drill holes returned significant gold, copper and silver results as
shown in the table below.




----------------------------------------------------------------------------
                             From       To  Interval    Gold  Copper  Silver
Drill Hole ID                 (m)      (m)   (m)(ii)   (g/t)     (%)   (g/t)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
DDH-11-01(i)                 2.95    16.65     13.70    0.25    0.41    3.84
----------------------------------------------------------------------------
  Including                  9.69    12.02      2.33    0.87    1.24   12.95
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
                           125.67   142.60     16.93    1.76    0.22    1.75
----------------------------------------------------------------------------
  Including                125.67   133.17      7.50    3.35    0.43    3.55
----------------------------------------------------------------------------
  Including                125.67   127.67      2.00    9.44    0.01    1.04
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
DDH-11-02                   28.01    30.45      2.44    0.72    0.52    4.15
----------------------------------------------------------------------------
                            36.58    39.25      2.67    0.56    1.18   11.62
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
DDH-11-03                   58.28    66.78      8.50    0.54    1.62    9.30
----------------------------------------------------------------------------
                            88.28    90.70      2.42    0.64    1.87   17.74
----------------------------------------------------------------------------
                           130.00   132.45      2.45    0.18    0.72    6.79
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
DDH-11-04                   57.39    62.53      5.14    0.84    0.95    5.64
----------------------------------------------------------------------------
                           174.86   182.87      8.01    0.84    1.58   14.82
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
DDH-11-05                  126.93   128.05      1.12    1.83    0.46    1.74
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
DDH-11-06                  131.80   136.80      5.00    0.29    0.50    2.35
----------------------------------------------------------------------------
                           276.35   278.01      1.66    0.40    0.63    5.21
----------------------------------------------------------------------------
                           279.10   282.93      5.49    0.59    0.73   14.97
----------------------------------------------------------------------------
                                                                            
(i)   Previously released in press release dated November 21, 2011.         
(ii)  Interval represents the downhole intersection length and true widths  
      are estimated to be approximately 80-90% of the interval.             



A plan map and cross-section showing significant assay results from 2011 drill
holes can be found on Bonaparte's website (www.bonaparteresources.ca). Drill
holes intercepted numerous weakly mineralized skarn horizons outside of the
reported intervals.


During summer 2011, Bonaparte conducted soil geochemical sampling to extend
historical coverage and it recently completed a 952 line km VTEM survey over the
northern and southern portions of the property. The Company's geophysical
consultant is currently interpreting results from the VTEM survey.


The Hopper property covers an area of 75 km2. It hosts both skarn- and
porphyry-style copper-gold-silver targets. Skarn mineralization dominantly
consists of disseminated to semi-massive magnetite and chalcopyrite, which are
hosted in stacked limestone horizons that are locally overlain by silicified
limestone. The mineralized horizons are marked by strong VTEM conductors. A
total of 1,234 m of diamond drilling was completed in 6 holes. Results from the
previously reported reverse circulation percussion drill program identified
porphyry-style mineralization (see December 6, 2011 news release).


The Hopper property is located in the Whitehorse Mining District, Yukon
Territory. It is directly accessible via a two-wheel drive road from the Alaska
Highway and is located 15 km north of the Aishihik Hydroelectric Dam. Bonaparte
may acquire up to 100% interest in the Hopper property subject to a 2% NSR
royalty from Strategic Metals Ltd. (TSX VENTURE:SMD).


Drill core samples from the Hopper property were processed in 36 sample batches
with each batch including two standard and two blank samples. Analytical work
was done by ALS Chemex with sample preparation in Whitehorse and assays and
geochemical analyses in North Vancouver. All rock samples were initially
analyzed for gold by fire assay followed by atomic absorption (Au-AA24) and 35
other elements by aqua regia digestion and mass spectrometry (ME-MS41). All
samples passed QAQC reviews.


The 2011 program was conducted by Archer, Cathro & Associates (1981) Limited.
Technical information in this news release has been reviewed by Heather Smith,
B.Sc., P.Geo., a qualified person for the purpose of National Instrument 43-101.


ON BEHALF OF THE BOARD OF DIRECTORS

Randy Saunders, CEO and Director

For further information, please visit Bonaparte's website at
www.bonaparteresources.ca.