DUN

Duncastle Gold Corp. ("Duncastle") (TSX VENTURE:DUN)(FRANKFURT:5D3) reports
that, further to its news release of June 29, 2012, it has proceeded with a
consolidation of its issued and outstanding common shares on a 1 new share for
10 old shares basis. Effective at the opening of the market on August 30, 2012,
Duncastle's shares will trade on a consolidated basis under the symbol "DUN"
(with new CUSIP number 265151209). As at the date hereof, there are an aggregate
of 85,685,302 common shares issued and outstanding and it is expected that there
will be an aggregate of approximately 8,568,530 common shares issued and
outstanding upon effecting the consolidation. Letters of Transmittal will be
forthcoming.


On behalf of the Board of Directors,

Michael Rowley, President & Director

Duncastle Gold Corp.

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