Daulton Capital Corp.
OTC Bulletin Board : DUCP

Daulton Capital Corp.

November 22, 2010 06:01 ET

Daulton Capital's Proximity to Proven Gold Reserves Bodes Well as Precious Metal Prices Hit Record Highs

Geological Survey of Canada silt sample values for the Balarat region are more than 2.5 times those of the White Gold Project

LAS VEGAS, NEVADA--(Marketwire - Nov. 22, 2010) - Daulton Capital Corp. (OTCBB:DUCP), a natural resource finance company specializing on precious & base metal developments and oil & gas properties, is pleased to provide data on its gold property showing it's close proximity to an area with over 1.5 million indicated ounces of gold.

Located in the well recognized, and prolific, Tintina Gold Belt, Daulton Capital's Balarat Project straddles Balarat Creek, one of the most productive creeks in the Yukon. This claim block is in close proximity to both the Underworld and Kaminak discoveries, which are now owned by Kinross after a takeover valued at about $140 million.

Kaminak, already recognized as bigger than the White Gold Project, has recently discovered two more new, at surface, gold zones with drilling at Americano yielding a new gold discovery of 2.36 g/t Au over 18m.

Approximately 15km due north of Ballarat is Kinross's White Gold deposit with resources estimated at 1,004,570 indicated ounces at 3.2gpt Au in the Golden Saddle zone and 407,413 inferred ounces at 2.5gpt Au. The Arc Zone is estimated a 170,470 inferred ounces at 1.2gpt Au, while the Supremo zone, located about 20km southwest of Ballarat hole, is estimated at of 15.5m over 17.1gpt Au.

With the Geological Survey of Canada (GSC) Regional Magnetic Map indicating that the NE trending magnetic high that the Balarat claims cover is a reflection of the White Gold – Golden Saddle Project and GSC silt sample values for the Balarat region being more than 2.5 times those of the White Gold Project, the case for extensive exploration on the property is a strong one.

Three years ago, the price of gold was about $695 an ounce. Today, the price hovers at about $1,400. During that time, inflation averaged about 2.3 percent. Stocks, measured by the Dow Jones industrial average, fell about 21 percent from a high of 14,164 in October 2007 to 11,203 on Friday.

Many experts point to a further increase in the price of Gold, reaching levels of up to $1500 an ounce or more next year.

About Daulton Capital Corp.

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

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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