DUN

Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) ("Duncastle" or the
"Company") reports the results of its 2012 Annual General Meeting held on June
28, 2012. Shareholders re-elected Lawrence Page, Q.C., Michael Rowley, Douglas
Warkentin, Derek Page and Victor Jones as directors for the ensuing year.
Watson, Dauphinee & Masuch, Chartered Accountants were reappointed as auditors
of Duncastle and the Company's rolling stock option plan was approved. The
directors subsequently reappointed Michael Rowley as President, Lawrence Page as
Chairman, Mahesh Liyanage as Chief Financial Officer and Arie Page as Corporate
Secretary. Duncastle also reports that Scott Hean has resigned as a director.
The board of directors wishes to thank Mr. Hean for his services as a director
and audit committee member of Duncastle and wishes him well in his future
endeavors.


An ordinary resolution authorizing the approval of a proposed consolidation of
the issued common shares of Duncastle was also passed. Duncastle's management
believes that the share consolidation will result in greater investor interest
and improved trading liquidity and that it will facilitate future financing of
the Company. Any share consolidation will only become effective at such time as
Directors resolve to consolidate common shares at a ratio not to exceed ten old
shares for one new share and the Company completes all requisite financings. The
share consolidation will also be subject to TSX Venture Exchange acceptance. The
Company's name will remain the same.


On behalf of the Board of Directors,

Michael Rowley, President & Director, Duncastle Gold Corp.

For further information, please visit Duncastle's website at
www.duncastlegoldcorp.com.


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.

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