Duncastle Gold Corp.

Duncastle Gold Corp.

September 14, 2010 12:22 ET

Duncastle Reports on Reconnaissance Geological Program at Porphyry Creek

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2010) - 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.

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

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