Conquest Resources Ltd (CQR)

[NYBob]

Detour Gold Commences Winter Work Program at Conquest's Sunday Lake Property -
1,200 Metres of Diamond Drilling - Induced-Polarization (IP)
Geophysical Survey


TORONTO, ONTARIO--(Marketwire - Feb. 11, 2013) -

Conquest Resources Limited
(TSX VENTURE:CQR) ("Conquest" or the "Company") is pleased announce
that Detour Gold Corporation ("Detour Gold") has commenced a winter
exploration program at Conquest's Sunday Lake property (the
"Property"), which is currently under option to Detour Gold.

The program comprises induced polarization ("IP") geophysics and
1,200 metres of exploration diamond drilling.

The Property lies approximately seven (7) kilometres east of
Detour Gold's open pit gold mine in northern Ontario, for which
Detour Gold today announced the "Start of Production at Detour
Lake" (see Detour Gold Press Release - February 11, 2013).

Drilling is anticipated to commence in mid-February.

The exploration work program is estimated to cost $320,000 and
is funded entirely by Detour Gold.

Conquest does not anticipate contributing financially to this final
earn-in program.

IP surveys completed by Detour Gold have defined a total of twenty-
seven (27) exploration targets potentially prospective for gold
mineralization in areas of high chargeability along interpreted
structures located in, and adjacent to,
the Sunday Lake Deformation Zone (SLDZ), which transects a
significant portion of the seven-kilometre length of
Conquest's Sunday Lake property.

Four of the twenty-seven target areas are the subject of a four-hole
1,200 metre winter drilling program planned by
Detour Gold later this month following completion of a
geophysical survey (refer to below).

IP GEOPHYSICAL TIE-ON SURVEY

Line cutting is in progress over the target area in the northern
central portion of the Sunday Lake property.
Insight Geophysics Inc. ("Insight") of Oakville, Ontario has been
contracted by Detour Gold to carry out the geophysical survey which
has been designed to tie-on to the existing 2011 IP survey
completed by Detour Gold.
The tie-on survey is expected to be completed by mid-February.

Insight will be conducting a high resolution, deep penetrating,
IP and Direct Current ("DC") Resistivity survey on
the Sunday Lake Property.

It is anticipated that the results of this survey will provide
geophysical information pertaining to the bedrock geology at depth
where other surveys have been limited due to the extensive clay-
bearing overburden cover that is present over
the Sunday Lake property.
Information from this survey will assist in prioritizing drill
targets for the upcoming drill program.

ONGOING GEOLOGICAL ASSESSMENT

The remaining twenty-three (23) second- and third-order targets will
be subject to further assessment by Conquest and Detour Gold at a
later date based on Detour Gold's historical work compilation
conducted on the Property and by Detour Gold's MMI soil geochemical
program (2010), IP geophysical survey (2011), and
1,600-metre winter drilling program (2011).

During January, Detour Gold conducted a re-logging assessment of
historical drill core from two exploration holes (SL-04-01 and SL-
04-05) that were drilled during 2004 by Conquest.
In 2004, the Company intersected 3.80 grams per tonne ("gpt")
gold over 0.60 metres within mafic volcanics in hole SL-04-05 and
2.82 gpt gold over 0.30 metres in sericite altered diorite
intrusive in hole SL-04-01.
Re-logging by Detour Gold has confirmed the presence of quartz
tourmaline veins hosted in diorite intrusive.
Additional sampling of micro quartz-tourmaline veins from these
previously drilled holes will be submitted for assay later this
month.

ABOUT THE SUNDAY LAKE PROPERTY

Conquest and Detour Gold are exploring for structurally-hosted
gold mineralization under a joint-venture agreement at
Conquest's Sunday Lake property located along
the Sunday Lake Deformation Zone.

During September 2010, Conquest entered into a joint venture with
Detour Gold on Conquest's Sunday Lake Property, pursuant to which,
Detour Gold has the right to earn a 50% interest in the Sunday Lake
Property by completing $1,000,000 of exploration, as amended on
June 15, 2012, prior to September 30, 2013.

ABOUT THE COMPANY


Conquest is exploring several geologically significant gold
projects in Ontario, Canada. In ad
dition to Conquest's Sunday Lake, the Company is undertaking
exploration activities at its flagship Alexander Property in
Red Lake, Ontario and Smith Lake Property at Renabie, Ontario.

Conquest holds 41,440 shares of Detour Gold Corporation.
There are currently 95,477,728 shares of Conquest issued and
outstanding.

This news release may include certain "forward-looking statements".
All statements ---- the filings made by Conquest with securities
regulators.

Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or the
accuracy of this release.

Contact Information:
Conquest Resources Limited
Robert J. Kinloch
President & CEO
306-343-5799


Conquest Resources Limited
Benjamin Batson
V.P. Exploration
647-728-4134


Conquest Resources Limited
John F. Kearney
Chairman
416-362-6686
[e-mail]

http://www.conquestresources.net

http://www.conquestresources.net/pdfs/20130211SundayLakeWorkProgram.pdf

http://www.detourgold.com/investors-centre/multimedia-dashboard/default.aspx?corppres

http://www.conquestresources.net/pdfs/CQR_Investor_Presentation.pdf


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