Duncastle Amends Share Purchase Warrants

Duncastle Gold Corp. (the "Company") (TSX VENTURE:DUN) reported today that it
will amend the exercise price of 600,000 share purchase warrants from $0.30 to
$0.10 and will extend the expiry date of these warrants from May 27, 2009 until
May 27, 2010. The Company will also amend the exercise price of a further
1,571,501 share purchase warrants from $0.50 to $0.10 and the expiry date of
these warrants will remain September 28, 2009. The Company has received the
written consent of all warrantholders to amend the price of the above noted
warrants.


The expiration date of the re-priced warrants is subject to an accelerated
exercise period provision which will provide that, if the closing price of the
Company's shares is $0.135 or higher for 10 consecutive trading days (the
"Premium Trading Days"), warrantholders will only have 30 calendar days,
commencing 7 calendar days after the last Premium Trading Day, to exercise the
warrants. The warrants will automatically expire if the warrantholders do not
exercise them within this 30 day period.


On behalf of the Board of Directors,

Lawrence Page, Q.C., President, Director, Duncastle Gold Corp.