Daulton Capital Corp. (DUCP.OB) Provides Shareholder Update; Recognizes Rising Gold Prices

QualityStocks would like to highlight Daulton Capital Corporation (OTCBB: DUCP), a natural resource finance company focused on precious & base metals as well as oil & gas opportunities. Management's corporate philosophy is to be a Project Generator, with the objective of option/joint venturing projects with major and junior natural resource companies from inception through to production.

In the company’s news yesterday,

Daulton Capital Corp. was pleased to provide the investment community with an update regarding gold exploration and development underway in the Yukon.

In the Yukon Gold region close to Daulton’s Hunker Property (Crown Jewel Claims), exploration targets are being identified by many other companies where gold-bearing veins have hosted historic mining operations. The company pointed out Northern Tiger Resources’ recent announcement of a significant gold discovery at 3Ace Property, in the Yukon with 14.8 g/t gold over 10.9 metres, including 145.2 g/t over 1.05 metres.

Daulton’s Hunker property is also closely located near the recently acquired Underworld’s gold mines located at the Tintina. Drill holes during 2008 and 2009 exploration programs revealed 1.00457 million ounces gold at a gold grade of 3.2 grams per ton in an open-pit resource at the Golden Saddle deposit in the White Gold Project.

The Crown Jewel claim block, less than 15 miles S.E. from Dawson City, covers most of the upper drainages of Hunker Creek, east of Gold Bottom Creek, a main tributary of Hunker Creek. Hunker Creek is one of the top five most productive placer gold creeks in the Klondike gold district.

Gold futures have risen dramatically in the past few years, and although gold prices have retraced some this week, the trend is expected to continue. Jeffrey Nichols, a leading gold and precious metals economist for more than 25 years, recently stated that the recent drop in price of gold was only a correction and that, “Gold’s strong upward price trend will soon resume.”

Nichols, who serves as Senior Economic Advisor to Rosland Capital, and as Managing Director of American Precious Metals Advisors, also argued that the long-term fundamental backdrop for the gold price remains very favorable due to ongoing currency devaluation, dwindling mine supply, and central bank buying, as well as other reasons. He predicted that the price of gold will move “first to $2,000 an ounce, then to $3,000, and probably still higher in the years ahead.”

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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.