Detour Gold Commences Drilling Program at Conquest's Sunday Lake Property

TORONTO, ONTARIO--(Marketwire - March 7, 2011) - Conquest Resources Limited (TSX VENTURE:CQR) is pleased to report that Detour Gold Corporation ("Detour Gold") has commenced a 2,000-metre diamond drilling program at Conquest's Sunday Lake Property, which is currently under joint venture option to Detour Gold.

A total of 10 exploration drill holes are planned from five prioritized drill target areas defined by Detour Gold by their recently completed induced polarization (IP) geophysical survey and MMI (Mobile Metal Ion) soil geochemical program conducted on the property, (see CQR Press Releases – October 27, 2010 and January 19, 2011) and historical work compilation.

Detour Gold has defined prospective targets for gold mineralization in areas of high chargeability along a shear structure located 500 metres to the north and parallel to the Sunday Lake Deformation Zone (SLDZ), which transect a significant portion of the seven-kilometre length of the Sunday Lake Property.

In 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 over the next two years, including a minimum expenditure of $500,000 prior to September 30, 2011.

Detour Gold has initiated construction activities at its Detour Lake open pit mine, with a mineral reserve of 14.9 million ounces, located approximately seven kilometers west of Conquest's Sunday Lake property.