DUN

Duncastle Gold Corp. (TSX VENTURE: DUN)(FRANKFURT: 5D3) (the "Company") reported today results of preliminary metallurgical tests on drill core from its past-producing Yankee-Dundee mine project. The project is located three kilometres northeast of Ymir and 50 km from Trail, in southeastern British Columbia.

Preliminary metallurgical tests were completed to assess the production potential of the project. Overall recoveries of 90.3% gold, 95.0% silver, 86.2% lead and 96.8% zinc were achieved using conventional flotation techniques. The results confirm the amenability of the ore to mineral recovery via conventional flotation. Additional recovery is possible with process optimization due to the preliminary scoping nature of the work.

Testing was conducted by Kemetco Research of Richmond BC on a composite sample created from available drill cores from holes YD09-39, -40, -45, -46, and -47. The test sample head grade, which is not necessarily representative of potential ore grade from the project, was 4.06g/t Au, 57.9g/t Ag, 1.31% Pb and 4.58% Zn.

Good separation of lead and zinc was achieved which may be important for potential concentrate sales. In addition, gold and silver report primarily to the lead concentrate, which is also a benefit in terms of expected smelter credits.

Historically, a single flotation stage was used to produce a lead concentrate with gold and silver values, as shown in video footage of the Yankee Girl mill from the 1940s, available on Duncastle's website at duncastlegoldcorp.com.

Work on the project to date has included preliminary inspection of old mine workings, 7,700 meters of diamond drilling in 48 holes, airborne geophysics, geological prospecting and mapping, and a preliminary archaeological report. The Company has defined a gold- and silver-enriched sulphide mineralization zone called the Yankee Girl West. This zone lies above the historic 1235 adit along the western projection of the Yankee Girl structure and extends approximately 285 metres along strike with a vertical depth of 280 metres. The Yankee Girl West zone is one of five exploration target areas of similar or greater dimension, which Duncastle has identified at and around the historic workings of the Yankee Girl mine.

Recommended work for 2010 includes continued surface exploration work and underground exploration and drilling of the Yankee Girl structure and Bonus vein via the Wildhorse adit, a 1.4km adit that ends at the Yankee Girl structure 110 meters below the historic mine. Historic chip sampling in 1961 within the workings at the Cayzor raise partially defined a zone approximately 200 feet (61 m) in height (approximately down-dip along the mineralized structure) containing wall samples averaging 8.68 g/t Au, 74.4 g/t Ag, 2.4 per cent Pb and 4.48 per cent Zn over an average width of 1.31 metres.

Note that historic data provided has not been independently confirmed by the company, is not N.I. 43-101 compliant and therefore cannot be relied upon.

Duncastle Gold Corp. is a Vancouver based gold exploration company with mineral claims covering or surrounding past producing mines in two historic BC districts. In Southeast BC Duncastle is targeting high-grade gold-silver-lead-zinc veins at the former Yankee-Dundee mine, 50km from the smelter at Trail, BC. In Northwest BC the Company's holdings cover a 10 km long magnetic anomaly, previous workings, and high-grade veins on its Porphyry Creek project. Duncastle has assembled contiguous claim blocks totaling more than 170 sq km in these two productive regions, targeted for gold and copper exploration.

As part of the Manex Resource Group, Duncastle benefits from shared expertise in corporate finance, public company administration, investor relations, and technical and geological services provided for six public companies. Since its formation in 1997, the companies within the Manex Group 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. Metallurgical testwork was designed and carried out at Kemetco Research Inc. under the supervision of Doug Warkentin, (P. Eng - Sr. Metallurgist).

On behalf of the Board of Directors,

Victor J E Jones, 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. Duncastle Gold Corp. relies upon litigation protection for forward-looking statements.

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.

Contacts: Duncastle Gold Corp. Jeff Stuart 1-888-456-1112 jstuart@mnxltd.com Duncastle Gold Corp. Liana Shahinian 1-888-456-1112 liana@mnxltd.com www.duncastlegoldcorp.com