Caldera Property Reports Gold Intercepted From Drill Program

VANCOUVER - Discovery Harbour Resources Corp. reported that the final four of five drill holes have been received from the Caldera drill program. Selected core from each of the five holes was sent for analysis. Gold was intercepted in drill holes CP21-02, 04 and 05. Drill hole CP21-02 has a best result of 2.40 grams gold per tonne (g/t) and 187 ppm silver over 1.5 meters and extensive intervals of anomalous gold. Drill hole CP21-04 has a best result of 2.71 gold g/t over 1.2 meters, other intervals of over 1 gold g/t and extensive intervals of anomalous gold. Drill hole CP21-05 has a best result of 1.53 g/t over 0.9 meters and anomalous gold in several other intervals. The drillholes each intersected primarily volcanic tuffs, with zones of moderate to strong propylitic and argillic alteration and multiple fault zones.

Mark Fields, President & CEO, said, "Encouraging gold values were intersected in three of the five drill holes, which were drilled in three very separate areas of the Caldera property. Some, but not all, of the extensive faulted and altered intervals carried multiple intersections in excess of one gram gold per tonne with other intercepts of anomalous gold values, all of which occurred from both shallow and deeper parts of the drill holes. Although we did not intersect the type of bonanza zone we were hoping for, the results point to the gold fertile nature of the mineralizing system at Caldera. We will use the extensive analytical data we have gathered as well as the geological and spectrometer data to better understand the low sulphidation epithermal gold system at Caldera and determine the next steps. In addition, we are looking forward to Newcrest's drill program, which, subject to drill rig availability, is planned to begin in January for the Fortuity 89 property."