Duncastle Initiates Airborne Survey and Grants Stock Options

  Duncastle Gold Corp. (TSX VENTURE: DUN)(FRANKFURT: 5D3) (the "Company") reported today that it has signed a contract with Fugro Airborne Surveys Corp. to carry out a 514 line-km helicopter borne DIGHEM EM/Magnetic/Radiometric geophysical survey on its 100% owned Porphyry Creek project located 20 kilometers northwest of Smithers, in northwest British Columbia.

The Porphyry Creek project covers over 115 sq km of mineral claims with historic workings and numerous high-grade gold, silver and polymetallic showings around a distinct 10 kilometer long magnetic high. Data compilation and modeling by the Company has demonstrated mineral zonation on the property consistent with porphyry style deposits. The airborne geophysical survey tools are GPS logged for accurate location control and will allow ground follow-up this summer as part of a surface mapping and sampling program to establish priority drill targets.

The Company also reports that it has, today, granted incentive stock options to directors, officers, consultants and employees to purchase 1,500,000 common shares at $0.10 per share exercisable for a period of five years in accordance with the Duncastle stock option plan. The options are subject to acceptance for filing by the TSX Venture Exchange.

Duncastle Gold Corp. is a Vancouver based gold exploration company with mineral claims covering or surrounding past producing mines in two historic BC districts. In Southeast BC Duncastle holds a claim block with a focus on the high-grade gold-silver-lead-zinc veins at the former Yankee-Dundee mine, 50 km from the smelter at Trail, BC. In Northwest BC the Company's project covers a 10 km long magnetic anomaly, previous workings, and high-grade precious metal veins on its Porphyry Creek claims. Duncastle has assembled contiguous claim blocks totaling more than 170 sq km in these two productive regions, targeted primarily for gold and copper.

As part of the Manex Resource Group, Duncastle benefits from shared expertise in corporate finance, public company administration, investor relations, and the technical and geological services provided for the eight public companies active in North America. Since its formation in 1997, the Manex Group companies have raised over C$250 million in exploration financing.

Robert Macdonald (P.Geo) is the Qualified Person as defined by National Instrument 43-101 for the Porphyry Creek project and has reviewed and approved the technical contents of this release.

On behalf of the Board of Directors,

Victor J E Jones, President, Director, Duncastle Gold Corp.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Duncastle Gold Corp. Jeff Stuart 1.888.456.1112 [e-mail] Duncastle Gold Corp. Liana Shahinian 1.888.456.1112 [e-mail] www.duncastlegoldcorp.com