DUN

Duncastle Gold Corp. (the "Company") (TSX VENTURE: DUN)(FRANKFURT: 5D3) reported today that it has signed agreements with two First Nations for 2011 exploration work on its Porphyry Creek project located 30 kilometers northwest of Smithers in northwest British Columbia.

The agreements provide employment, training and business opportunities to First Nations and First Nations businesses in the project areas while granting Duncastle access for reconnaissance geology and drilling programs in 2011. The agreements are a continuation of the positive relationship Duncastle has built with local communities starting with early consultation before work commenced in 2008.

Duncastle now has agreements in place with First Nations for all 2011 exploration target areas on the property.

Duncastle also reported today that it added a claim totaling about 463 hectares to the Porphyry Creek project in order to properly stake the MT showing which appears to have been incorrectly mapped in the public database. Recent compilation and analysis of past work has identified the MT showing as occurring two kilometers south of its mapped location, or about four kilometers south of Duncastle's recent copper-molybdenum porphyry discovery at the Sultana mine on the Porphyry Creek project.

Select historic high-grade rock chip samples from the MT showing include 5,187g/t Ag and 2.34% Cu in one sample, 23.0g/t Au, 1,817g/t Ag and 1.09% Cu in a second, and 5.1g/t Au, 2,846g/t Ag and 3.65% Cu in a third(1). Geologic mapping by Amax Exploration in 1967 identified an intrusive body with an accompanying 1,000 x 300 meter zone with strong alteration and pyritic mineralization. Concurrent geochemical sampling returned some anomalous copper and molybdenum values, but outcrops were extensively leached, making the mineral potential impossible to evaluate on surface. The zone corresponds well with the southern extension of a strong conductivity (EM) response seen in Duncastle's 2010 airborne geophysical survey. Further investigation of this significant geologic anomaly will be conducted during Duncastle's work program commencing in May 2011.

(1) Historical results are compiled from government databases and predate NI 43-101. Duncastle has not independently verified past exploration results.

About Duncastle Gold

Duncastle Gold Corp. is a Vancouver-based gold exploration company with mineral claims covering or surrounding past producing mines in northwest and southeast British Columbia, Canada. Duncastle has assembled contiguous claim blocks totaling more than 210 sq km in these two historic and productive regions.

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 seven public companies active in North America. Since its formation in 1997, the Manex Group companies have raised over C$300 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.

Contacts: Duncastle Gold Corp. Michael Rowley 1.888.456.1112 or 604.641.2742 mrowley@mnxltd.com Duncastle Gold Corp. Liana Shahinian 1.888.456.1112 or 604.641.2773 liana@mnxltd.com www.duncastlegoldcorp.com Duncastle Gold Corp. www.duncastlegoldcorp.com