Duncan Park Holdings Corporation

Duncan Park Holdings Corporation

May 25, 2011 12:17 ET

Duncan Park Updates Status of Exploration

TORONTO, ONTARIO--(Marketwire - May 25, 2011) - Duncan Park Holdings Corporation (TSX VENTURE:DPH) announced today that, although it has received some preliminary results on both the land and lake-based claims of the Dome and McManus properties at Red Lake, it has yet to receive the completed report from Abitibi Geophysics on the results and, more particularly, their interpretation and recommendations resulting from their recent IPower 3D geophysical survey of the Red Lake property. Abitibi has now promised the final report for mid-June, 2011.

The project geologist is expected to conduct a reconnaissance-type geological survey this week to complete a field assessment of the surface on certain of the land based claims of both the Dome and McManus. Concurrently, geological investigations are expected to be completed on any newly identified outcrops and accessible historic gold occurrences with potential analytic results to be obtained from grab samples.

The results of this geological field work, in combination with those of the Abitibi geophysical survey, both of which are expected to be available in mid-June, will be used to determine the initial targets for a summer drilling program prospectively of five holes totaling 1,500 metres.

The Company also wishes to remind shareholders that its 2011 annual and special meeting is scheduled for 10 am (Toronto time) tomorrow (May 26, 2011), at the offices of its legal counsel, Baker & McKenzie LLP, 21st Floor, Brookfield Place, 181 Bay Street, Toronto, ON.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to Duncan Park's proposed exploration plans. 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 based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and 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 risks related to exploration, development and mining industry such as economic factors, future commodity prices, market conditions, changes in foreign exchange and interest rates, government regulation, environmental risks, permitting timelines, capital expenditures, operating or technical difficulties in connection with exploration and development activities, availability of skilled labour and equipment, the speculative nature of gold exploration and development, contests over title to properties, and changes in project parameters as plans continue to be refined as well as those risk factors discussed in Duncan Park's management's discussion and analysis for the year ended February 28, 2011, available on www.sedar.com. 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 contained herein, except in accordance with applicable securities laws.

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

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