DUN

Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) (the "Company") reported
today that it has signed a contract with Fugro Airborne Surveys Corp. to carry
out a 514 line-km helicopter borne DIGHEM EM/Magnetic/Radiometric geophysical
survey on its 100% owned Porphyry Creek project located 20 kilometers northwest
of Smithers, in northwest British Columbia. 


The Porphyry Creek project covers over 115 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. Data compilation and modeling by the
Company has demonstrated mineral zonation on the property consistent with
porphyry style deposits. The airborne geophysical survey tools are GPS logged
for accurate location control and will allow ground follow-up this summer as
part of a surface mapping and sampling program to establish priority drill
targets.


The Company also reports that it has, today, granted incentive stock options to
directors, officers, consultants and employees to purchase 1,500,000 common
shares at $0.10 per share exercisable for a period of five years in accordance
with the Duncastle stock option plan. The options are subject to acceptance for
filing by the TSX Venture Exchange.


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 holds a claim block with a focus on the
high-grade gold-silver-lead-zinc veins at the former Yankee-Dundee mine, 50 km
from the smelter at Trail, BC. In Northwest BC the Company's project covers a 10
km long magnetic anomaly, previous workings, and high-grade precious metal veins
on its Porphyry Creek claims. Duncastle has assembled contiguous claim blocks
totaling more than 170 sq km in these two productive regions, targeted primarily
for gold and copper.


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.


Robert Macdonald (P.Geo) is the Qualified Person as defined by National
Instrument 43-101 for the Porphyry Creek project and has reviewed and approved
the technical contents of this release. 


On behalf of the Board of Directors,

Victor J E Jones, President, Director, Duncastle Gold Corp.

(TSXV:DUN)
Historical Stock Chart
From Jun 2024 to Jul 2024

(TSXV:DUN)
Historical Stock Chart
From Jul 2023 to Jul 2024