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DUN

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Share Name Share Symbol Market Type
TSXV:DUN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Duncastle Commences Drilling at Porphyry Creek

25/05/2011 2:00pm

Marketwired Canada


Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) announced today that it
has commenced drilling on its Porphyry Creek project located 30 kilometers
northwest of Smithers, in northwest British Columbia.


Up to six holes totaling 2,400 metres are planned to follow up on Duncastle's
copper-molybdenum porphyry discovery at the Sultana mine area announced December
16, 2010. The holes target an 800 meter by 1,200 meter area of coincident high
conductivity and low magnetic susceptibility located to the west and to the
north of the 2010 discovery holes. Copper grade in the 2010 drill results was
noted to increase down hole towards the magnetic low anomaly, with hole PC-10-01
ending in 30 meters of 0.2% copper (see figure at

http://www.duncastlegoldcorp.com/uploads/tinymce/2010_results_for_web_large.jpg). 

Exploration work is also planned for summer 2011 at less advanced targets on the
large (135 square kilometer) Porphyry Creek property. Reconnaissance ground
geological work and a geochemical survey program are planned for the west side
of the claim group with potential ground geophysics and drilling to follow.
Priority targets include a large 2km x 2km conductive airborne anomaly with high
IOCG/skarn potential in the northwest corner of the claim block, and the Brian
Boru prospect and Brunswick Mine, both of which are currently interpreted as
distal, high-grade polymetallic veins. The area of the historic Brunswick Mine
features co-incident geophysical anomalies including a strong EM response
(conductive high). Select dump and talus samples returned 2,566g/t Ag, 11.1% Pb
and 19.4% Zn in one sample and 1,131g/t Ag, 4.9% Pb and 4.1% Zn in a second from
the area of the Brunswick Adit. In addition, stream sediment sampling in these
areas from Duncastle's 2008 exploration program returned anomalous copper, gold
and silver values. The Brian Boru prospect area shows a strong conductive high
(EM anomaly) co-incident with highly mineralized samples from the 2008 program
(including 152g/t Ag and 22% Zn from a massive sulphide boulder), and anomalous
copper and silver values in stream sediment sampling (also from the 2008
program).


The MT area south of Sultana has a more muted geophysical response but features
high-grade historic rock select chip samples including 5,187g/t Ag and 2.34% Cu
in one sample, 23.0g/t Au, 1,817g/t Ag and 1.09% Cu in a second, and 5.1g/t Au,
2,846g/t Ag and 3.65% Cu in a third(1). Geologic mapping by Amax Exploration in
1967 identified an intrusive body with an accompanying 1,000 x 300 meter zone
with strong alteration and pyritic mineralization. Concurrent geochemical
sampling returned some anomalous copper and molybdenum values, but outcrops were
extensively leached, making the mineral potential impossible to evaluate on
surface. The zone corresponds well with the southern extension of a strong
conductivity (EM) response seen in Duncastle's 2010 airborne geophysical survey.


Other targets include Tina West, Tina North, and Porphyry East targets which
will be prioritized as additional surface data is acquired.


A figure summarizing the other targets at Porphyry Creek is available at
http://www.duncastlegoldcorp.com/uploads/tinymce/other_targets_large.jpg.


(1) Historical results are compiled from government databases and predate NI
43-101. Duncastle has not independently verified past exploration results.


About Duncastle Gold

Duncastle Gold Corp. is a Vancouver-based gold exploration company with mineral
claims covering or surrounding past producing mines in northwest and southeast
British Columbia, Canada. Duncastle has assembled contiguous claim blocks
totaling more than 210 sq km in these two historic and productive regions.


As part of the Manex Resource Group, Duncastle benefits from shared expertise in
corporate finance, public company administration, investor relations, and
technical and geological services provided for seven public companies active in
North America. Since its formation in 1997, the Manex Group companies have
raised over C$300 million in exploration financing.


Rob Macdonald, (P.Geo.), is the Qualified Person responsible for reviewing the
technical results in this release.


On behalf of the Board of Directors,

Michael Rowley

President, Director, Duncastle Gold Corp.

This News Release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for the
company's projects, and the availability of financing for the company's
development projects on reasonable terms. Factors that could cause actual
results to differ materially from those in forward looking statements include
market prices, exploitation and exploration successes, the timing and receipt of
government and regulatory approvals, and continued availability of capital and
financing and general economic, market or business conditions. Duncastle Gold
Corp. does not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events or otherwise,
except to the extent required by applicable law.


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