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Re: ProfitScout post# 1425

Wednesday, 11/30/2011 9:07:45 AM

Wednesday, November 30, 2011 9:07:45 AM

Post# of 15432
Double Crown Resources, Inc. Engages Clark Exploration Consulting to Accelerate Gold and Other Mining Operations

Ontario Bateman Property Shows Very Promising Initial Results


ARCATA, Calif., Nov 30, 2011 (GlobeNewswire via COMTEX) -- Double Crown Resources, Inc. (OTCBB:DDCC) is pleased to announce the engagement of Clark Exploration Consulting to coordinate and explore the newly acquired and 100% owned Bateman Property in Northwestern Ontario. The management of Double Crown believes that the Bateman Property hosts potential for large tonnage low grade gold and nickel-cobalt platinum group metals (PGM) deposits.

Preliminary work is currently underway at Bateman and early results are strongly positive. The first task executed was to verify the previously reported gold mineralization in an extensive Timiskaming polymictic conglomerate unit. Clark Exploration prospectors visited the trenches that reported channel samples of up to 0.5 grams per ton over 11 meters. Chip sampling by the prospectors along the old channel sample locations verified the strongly anomalous gold values within the conglomerates. The prospectors took 22 samples with the highest being 0.72 grams gold per ton, 11 ranging from 0.20 and 0.37 grams gold per ton, 8 ranging from 0.11 and 0.20 grams per ton and only 4 less than 0.10 grams gold per ton. Recently, J. Paul Murphy (a director of DDCC), during a property visit, took a grab sample by the road, which returned a value of 0.68 grams gold per ton.

Presently, Valgold and Golden Share Mining are evaluating properties in the surrounding areas. Procurement of a diamond drill to evaluate the property is being completed by Double Crown Resources. This diamond drilling will evaluate the property on the immediate future.

The other target on the Bateman Property is composed of Nickel, Cobalt and PGM mineralization associated with ultramafic rocks in contact to argillites. Limited previous work including soil sampling and trenching has defined a large area of anomalous mineralization that requires additional exploration. The results to date include assays of 0.95% Nickel, 0.20% Cobalt and 0.18 grams per ton PGMs. The target for this area is a potential low grade open pit model. The exploration plan is to diamond drill test this area as well.

About Double Crown Resources, Inc.

Double Crown Resources Inc. is a natural resource exploration and development company holding a 100% interest in the McNab molybdenum property located in Southwest, British Columbia, Canada and the Bateman gold & nickel prospect near Thunder Bay, Ontario, Canada. In addition, Double Crown is targeting new properties that have the potential for early positive cash flow. The company is presently reviewing a number of natural resource properties that are near to, or in production, located in North, South and Latin America. Double Crown Resources, Inc., originally founded in 2006, is based in Arcata, California.

For more information, please visit: http://www.doublecrownresources.com/

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Denarii Resources, Inc. please refer to its website at http://www.doublecrownresources.com/

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Double Crown Resources, Inc.

By Staff

CONTACT:
Double Crown Resources, Inc.
David Figueiredo, President/CEO
109 H Street
Arcata, California 95521
Phone: (707) 964-2651
Email: doublecrownresources@gmail.com

Investor Relations
Interactive Business Alliance, LLC
Tommy Hays
Phone: (866) 525-4714
Email: info@ibaconsultingllc.com


(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

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INDUSTRY KEYWORD: Business Services
SUBJECT CODE: MINING
METALS
Company Announcement

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