Newcastle Minerals Ltd. (TSX VENTURE:NCM) is pleased to announce that it has
selected drill targets and is currently planning a 1,500-metre diamond drill
campaign at its 100% owned Chester Project located in northwestern Ontario,
Canada.


The two-unit, 30-hectare claim lies approximately one kilometre north of
Trelawney Mining and Exploration Inc.'s Cote Lake deposit and is surrounded by
Augen Gold Corp. and Sanatana Diamonds Inc.'s Watershed Project. Trelawney
continues its successful exploration in the Cote Lake area, recently announcing
large intersections of low-grade gold, including 1.18 grams per tonne gold over
285.80 metres, 1.26 grams per tonne gold over 275 metres and 1.65 grams per
tonne gold over 304 metres. Recent deep drilling by Augen Gold has returned
anomalous gold over short intervals. 


A recently completed ground induced polarization survey combined with a ground
magnetic and electromagnetic survey last spring by Newcastle assisted in
identifying potential extensions of mineralized structures trending from
Trelawney's ground onto Newcastle's Chester Project. Newcastle's drilling will
focus on these potential extensions, as well as test additional magnetic,
electromagnetic and I.P. anomalies identified in the two surveys.


Ontario Geological Survey mapping from 1980 recorded both felsic-intermediate
metavolcanics with quartz veins/pods and "migmatitic" (or intermediate-felsic
intrusive) rocks listed as massive hornblende diorite also with quartz veins.
The possible extension of the mineralized zone from Trelawney's property appears
to align itself with a coincidental Mag-VLF anomaly on Newcastle's Chester
property, which appears prospective.


Under management's direction, Mr. Garry Clark of Clark Exploration Consulting
Inc. has begun logistical planning for the spring 2011 drill campaign and is
currently negotiating to secure a diamond drill.


Newcastle's President, Michael Romanik, said "Newcastle is very encouraged by
the results of the I.P. survey. Combined with the previous geophysical surveys,
Newcastle is planning a drill campaign to assess the potential of extensions to
mineralization found on Trelawney's Cote Lake Property." 


The technical information herein was prepared under the supervision of Mr. Garry
Clark, P. Geo., of Clark Exploration Consulting Inc., who acts as Newcastle's
Qualified Person as defined by National Instrument 43-101.


Newcastle Minerals Ltd. is a Canadian gold and base metal exploration company
trading on the TSX Venture Exchange (TSX VENTURE:NCM). The company is advancing
its three key properties: its 120-hectare Carscallen Property in the West
Timmins area of Ontario, its 11,100-hectare Pickle Lake Property in northwestern
Ontario and its 6,600-hectare property located in the Swayze greenstone belt of
Ontario near Trelawney Mining and Exploration Inc.'s Chester Project.


ON BEHALF OF THE BOARD

Michael Romanik, President

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