Duncan Park Red Lake Drilling to Start Early August, Contractor Engaged

Duncan Park Holdings Corporation (TSX VENTURE:DPH) announced today that
Chibougamau Diamond Drilling Ltd. of Chibougamau, Quebec has been engaged to
conduct diamond drilling operations on its Red Lake, Ontario properties,
commencing in early August.


Based upon recommendations by Mr. Gordon Yule, P.Geo., the project's consulting
geologist, the current plan is to drill three holes into the south-eastern Dome
property followed by six holes into the abutting, more northern McManus claims.
Mr. Yule's report is a follow up to the presentations made by himself and by
Abitibi Geophysics last month. (See press release June 16, 2011.) 


The drilling on the Dome property is intended to test a chargeability anomaly of
300 meters in strike length by 75 meters in width, identified by the Abitibi
geophysical work. Two other IP generated anomaly targets will also be drill
tested.


The drilling in the McManus claims is initially to test a sulphide-bearing
structural zone at the contact between the Howey Diorite and mafic volcanic
rocks within the NW trending Chukuni deformation zone, to be followed by holes
to test other targets identified by the geophysical report more fully described
in the Company's press release of June 16, 2011. 


Further to the press release of March 30, 2011, with respect to signing the
Definitive Agreement for the McManus Property, the due diligence and regulatory
approvals have been completed. 


David R. Shaddrick, P.Geo., a Qualified Person within the meaning of NI 43-101,
and Director of Duncan Park visited the project from May 27 to May 31, 2011 in
company with Mr. Yule, and has reviewed the contents of this news release.


Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, information with respect to Duncan Park's
exploration plans. Generally, forward-looking information can be identified by
the use of forward-looking terminology such as "plans", "expects", or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", or "does not anticipate", or "believes" or variations
of such words and phrases or state that certain actions, events or results
"may", "could", "would", "might", or "will be taken", "occur", or "be achieved".
Forward-looking information is based on the opinions and estimates of management
at the date the information is made, and is based on a number of assumptions and
is subject to known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or achievements of
Duncan Park to be materially different from those expressed or implied by such
forward-looking information, including risks associated with the exploration,
development and mining industry such as economic factors, future commodity
prices, market conditions, government regulation, environmental risks,
permitting timelines, capital expenditures, operating or technical difficulties
in connection with exploration and development activities, availability of
skilled labour and equipment, the speculative nature of gold exploration and
development, contests over title to properties, and changes in project
parameters as plans continue to be refined as well as those risk factors
discussed in Duncan Park's management's discussion and analysis for the period
ended May 31, 2011, available on www.sedar.com. Although Duncan Park has
attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking information, there may
be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place undue
reliance on forward looking information. Duncan Park does not undertake to
update any forward-looking information contained herein, except in accordance
with applicable securities laws.

Duncan Park Holdings Corporation (TSXV:DPH)
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