Duncan Park Holdings Corporation

Duncan Park Holdings Corporation

January 24, 2008 11:30 ET

Duncan Park Holding Corporation Announcement

TORONTO, ONTARIO--(Marketwire - Jan. 24, 2008) - Duncan Park Holdings Corporation (TSX VENTURE:DPH) announced today that it is renewing the mining leases for its Rock Creek/South Silver Cloud and Elephant properties in Nevada on their fifth anniversary, February 7, 2008. As previously announced on December 27, 2007, the Company intends to resume a drilling program on its Rock Creek project during the first quarter of 2008. Initial plans call for approximately 3,000 feet of drilling, but the Company is investigating potential financing options that might, if successful, enable it to expand the scope of the program to more than 10,000 feet of drilling in 2008.

The fifth anniversary, aggregate annual minimum royalty payments for these leases totals US$200,000.

Duncan Park also announces that it is not renewing the mining lease for its Santa Renia property in Nevada when it comes due on February 7, 2008.

Cautionary Note Regarding Forward-Looking Information

This press release contains "forward-looking information", within the meaning of applicable Canadian securities legislation, concerning the business and operations of Duncan Park. Forward-looking information includes, but is not limited to, information with respect to the renewal of certain mining leases, exploration activities and plans as well as possible financing options. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Duncan Park, to be materially different from those expressed or implied by such forward-looking information, including, but not limited, to risks related to risks associated with mineral exploration, future commodity prices, government regulation, regulatory approvals, environmental risks, availability of contractors and other risks associated with mineral exploration and financings as well as changes in project parameters as plans continue to be refined. Although Duncan Park has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Duncan Park does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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