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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 Signs Exploration Access Agreement with First Nations at Porphyry Creek

03/05/2010 2:37pm

Marketwired Canada


Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) (the "Company") reported
today that it has signed an access agreement with First Nations for 2010
exploration work on the western portion of its 100% owned Porphyry Creek project
located 20 kilometres northwest of Smithers in northwest British Columbia.


The agreement provides employment, training and business opportunities to First
Nations and First Nations businesses in the western project area while granting
Duncastle access for the proposed 2010 exploration program including airborne
geophysics, ground exploration and potential drilling intended to advance the
gold-copper porphyry potential of the property. The 2010 agreement is a
continuation of the positive relationship Duncastle has built with the local
community starting with early consultation before work commenced in 2008.


With over 94 sq km of mineral claims and numerous high-grade gold, silver and
polymetallic showings and past workings around a 10-kilometer long magnetic
high, the Porphyry Creek project makes a compelling porphyry target. Early
modeling work by Duncastle has demonstrated zonation on the property consistent
with porphyry models that will be targeted and investigated in the 2010
exploration program.


Duncastle Gold Corp. is a Vancouver based gold exploration company with mineral
claims covering or surrounding past producers in two historic BC districts. In
Southeast BC Duncastle is targeting high-grade gold-silver-lead-zinc veins at
the former Yankee-Dundee mine, 50km from the smelter at Trail, BC. In Northwest
BC the Company's holdings cover a 10 km long magnetic anomaly, previous
workings, and high-grade veins at its Porphyry Creek project. Duncastle has
assembled contiguous claim blocks totaling more than 150 sq km in each of these
two productive regions for gold and copper exploration.


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 six public companies. Since its
formation in 1997, the companies within the Manex Group have raised over C$250
million in exploration financing.


On behalf of the Board of Directors,

Victor J E Jones, 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. Duncastle Gold Corp. relies upon litigation protection for
forward-looking statements.


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