Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) reported today on assay
results from recently completed surface exploration at its Porphyry Creek
project located 20 kilometers northwest of Smithers, in northwest British
Columbia.


Surface mapping and sampling targeted two clusters of known copper/molybdenum
+/- gold/silver mineral occurrences on the east side of the property including
the Sultana, Big Thing, MT and Tina showings and was designed to follow-up on
targets identified in an recently completed airborne geophysical survey.


At Sultana, soil and rock samples strongly enriched in copper, molybdenum,
silver and gold extend to the north and northeast from the known mineral
occurrence. Anomalous soil samples include copper to over 3,300 part per
million, molybdenum to over 800 part per million, and gold to over 350 part per
billion and form several discrete northwest trends which coalesce into a broad
+300 metre by +100 metre anomaly in the southern part of the grid. The
multi-element anomaly is open to the east.


Rock sampling work focused on identifying mineralized structures and returned
several high-grade gold, silver and copper results including 18.25g/t gold in a
sample from the Sultana vein system. Individual veins are generally less than
30cm but can occur in sheeted northwest-trending clusters paralleling the
multi-element soil anomalies. Several samples with over limit copper (greater
than 1%), silver (greater than 200g/t) and molybdenum (greater than 0.4%) are
now being re-analyzed.


President Michael Rowley commented on the results saying "the presence of such
highly anomalous copper and molybdenum in the soil geochemistry results is very
encouraging, as is the continued presence of significant gold and silver, which
confirms that the system carries precious metal values."


The Porphyry Creek project covers over 118 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 with coincident copper, lead and zinc
geochemical anomalies shown in government data. Data compilation and modeling by
Duncastle has demonstrated mineral zonation on the property consistent with
porphyry style deposits. There are over 20 porphyry discoveries in the region,
including Berg, Bell, Huckleberry, Mt Milligan, and Galore Creek among others,
plus other deposit types (eg Eskay Creek).


Duncastle Gold Corp. is a Vancouver based gold exploration company with mineral
claims covering or surrounding past producing mines in two historic BC
districts. Duncastle also holds the Yankee-Dundee mine in Southeast BC with a
focus on high-grade gold-silver-lead-zinc veins just 50 km from the smelter at
Trail, BC. Duncastle has assembled contiguous claim blocks totaling 190 sq km in
two productive regions.


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.


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.