DUN

Duncastle Gold Corp. ("Duncastle") (TSX VENTURE:DUN)(FRANKFURT:5D3) reported
today that it has received the final data and maps from a detailed,
helicopter-borne electromagnetic and magnetic survey completed by Fugro Airborne
Surveys on its recently acquired Drayton gold project, located 10 kilometers
south of Sioux Lookout and 70 kilometers east of Dryden in northwest Ontario. 


The survey is particularly informative as the property, which lies on an
emerging high-grade gold trend and is on strike with Tamaka Gold Corp's Goldlund
project and Treasury Metal Inc's Goliath project to the southwest as well as
Duncastle's recently optioned Black Lake project to the northeast, has
previously seen only very regional geophysical studies. Typical of the region,
much of the Drayton project is occluded by extensive but shallow ground cover
and therefore remains largely unexplored by past drilling campaigns. 


Initial analysis of the current survey has revealed a possible dilation zone
within the Sioux Lookout fault system with significant structural disturbance
indicative of both alteration and deformation. These in turn present excellent
targets for follow-up by subsequent geological studies and potential drilling
programs later in 2013 as excellent exploration potential is believed to exist
for high-grade gold mineralization similar to that found elsewhere in the
Wabigoon Archean greenstone belt. 


A full structural and geophysical interpretation of the airborne geophysics is
underway; additional targets and a thorough ground investigative program are now
being developed.


About Duncastle Gold 

Duncastle Gold Corp. is a Vancouver-based exploration and development company
with 100% ownership potential on projects totaling over 510 square kilometers in
Ontario and British Columbia, Canada. In addition to three newly acquired gold
projects in Ontario and the past-producing Yankee-Dundee Mine in southeast BC,
Duncastle controls the highly prospective polymetallic Porphyry Creek project in
northwest BC. 


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 $350 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.

For further information, please visit the company's website at
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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Duncastle Gold Corp.
Michael Rowley
President, Director
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

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