Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) (the "Company") today
provided clarification on the engineering summary report on its historic
Yankee-Dundee mine project, located three kilometres northeast of Ymir and 50
kilometres from Trail, in southeastern British Columbia.


The report, summarized in a press release on August 3, 2010, outlines on a
conceptual basis resource benchmarks and timing estimates for potential
development scenarios. The Company notes that the report is not based on a
current NI 43-101 compliant resource estimate and there is no certainty any of
the proposed operations would be economically viable at this time.


Surface drilling is recommended to support a NI 43-101 compliant resource
estimate which may be used as the basis for a more in depth economic study of
project viability.


On behalf of the Board of Directors,

Michael Rowley, President, Director, Duncastle Gold Corp.

For further information, please visit the company's website at
duncastlegoldcorp.com.


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.