Daulton Capital Corp.
OTC Bulletin Board : DUCP

Daulton Capital Corp.

October 13, 2010 09:01 ET

Daulton Capital Corp. Exercises Option on Highly Productive Klondike Goldfields Properties

LAS VEGAS, NEVADA--(Marketwire - Oct. 13, 2010) - Daulton Capital Corp. (OTCBB:DUCP) today announces it will exercise its option interest on the Balarat and Hunker properties (Crown Jewel group of claims). Located in the Klondike goldfields district of the Yukon, the claims are optioned from prospector Shawn Ryan of Dawson City.

The Hunker property covers most of the upper drainages of Hunker Creek east of Gold Bottom Creek, a main tributary of Hunker Creek. Hunker Creek is one of the top five most productive placer gold creeks in the Klondike District. Hunker Creek has produced over 1.9 million ounces of gold since discovery, and continues to produce over 6,000 ounces annually.

The local terrain on the Hunker property consists of unglaciated dendritic incised drainages producing steep v-shaped valleys. Hunker, Gold Bottom, and tributaries have all been active placer areas.

The Balarat property covers a 98% percentile gold silt anomaly for the Thistle camp area. This is the same intensity gold silt anomaly draining the Kinross (UnderWorld) White Gold zone. 

The GSC regional magnetic map indicates the claim block also covers the edge of a magnetic high that is running along a northeast trending structure. Underworld's White Gold – Golden saddle is sitting on the edge of a magnetic high anomaly and the mineralization is trending in a northeast direction.

The Company has determined that, due to the proximity of their properties to the recent discoveries of both Kinross and Kaminac, it would be in the best interest to enter into a major work program that includes a concentrated drilling program on both Hunker and Balarat properties.

About Daulton Capital Corp.

Daulton Capital Corporation is a natural resource finance company focused on precious & base metals as well as oil & gas opportunities. Management's corporate philosophy is to be a Project Generator, with the objective of option/joint venturing projects with major and junior natural resource companies from inception through to production. The Company has acquired property rights in the Yukon and continues focusing on acquiring and / or funding additional resource projects. Please visit www.daultoncapital.com for more information.

Submitted on behalf of the board of directors

Terry Fields, President

Daulton Capital Corp.

Legal Notice Regarding Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning gold or other mineral reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present if and when a project is actually developed.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of gold or mineral deposits, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of gold or minerals are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in filings on Edgar of other junior mineral exploration companies with the US Securities and Exchange Commission. This announcement may also contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

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