Douglas Lake Completes First Ground IP Survey and Mobilizes to Magambazi

VANCOUVER, BC -- (Marketwire) -- 04/12/11 -- Douglas Lake Minerals Inc. (the
'Company' or 'Douglas Lake') (OTCBB: DLKM) is pleased to report on
continued
exploration at its wholly owned Handeni gold project in eastern Tanzania.
Douglas Lake holds four contiguous prospecting licenses, totaling 800
km(2),
which are strategically located at the new emerging gold district in
Handeni.

Recent exploration work by Douglas Lake has focused on two locations, the
Magambazi eastward mineralization extension and the Kwandege gold showing,
which
is located to the southwest of the Canaco Resources (TSXV: CAN) Kilindi
prospecting license.

Douglas Lake has just completed a ground IP (Induced
Polarization/Resistivity)
geophysical survey over a 7.2 square kilometer surveyed grid at the
Kwandege
locality which covers the area of artisanal workings and the anomalous soil
geochemical results reported in the recently released 43-101 report on the
Handeni Project. The grid lines were spaced 100 meters apart and oriented
North-South, which best transected the two dominant structural trends that
appears to control mineralization in the area. A new soil geochemical
survey
was also conducted alongside the IP/Resistivity survey. The soil samples
have
been sent to SGS Labs in Mwanza for analysis and assays are pending.

Modeling and interpretation of the geophysical survey data is being
performed by
Spectral Geophysics. Significant chargeability and resistivity anomalies
were
revealed by the survey and drill holes are being planned to investigate the
source of the strong anomalies.

At present the geophysical crews have mobilized to the Magambazi area to
begin
work on the two parallel zones of gold mineralization on the Douglas Lake
ground
which has been revealed through soil and rock analysis.

'We were very surprised with the size and strength of the IP anomalies that
were
revealed at Kwandege,' comments Craig Alford MSc, PGeo, Vice President of
Exploration. 'We now have a number of new drill targets and we are excited
that
the survey has begun on our Magambazi target.'

The Company is engaged in an aggressive exploration program in the Handeni
District, including geochemical sampling, geologic mapping, soil grid
survey,
ground magnetics, Electromagnetic and IP/Resistivity geophysical surveys,
and a
planned new airborne survey and an extensive diamond drilling program.
Douglas
Lake controls one of the largest land holdings in the district which
contains
multiple exploration targets.

About Douglas Lake

The Company is an emerging mineral exploration company focused on exploring
and developing mining opportunities in Tanzania. For more information, go
to www.douglaslakeminerals.com.

Safe Harbour Statements

Except for the statements of historical fact contained herein, the
information
presented in this news release constitutes 'forward-looking statements' as
such
term is used in applicable United States and Canadian laws. These
statements
relate to analyses and other information that are based on forecasts of
future
results, estimates of amounts not yet determinable and assumptions of
management. Any statements that express or involve discussions with respect
to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions
or future events or performance (often, but not always, using words or
phrases
such as 'expects' or 'does not expect', 'is expected', 'anticipates' or
'does
not anticipate', 'plans, 'estimates' or 'intends', or stating that certain
actions, events or results 'may', 'could', 'would', 'might' or 'will' be
taken,
occur or be achieved) are not statements of historical fact and should be
viewed
as 'forward-looking statements'. Such forward looking statements involve
known
and unknown risks, uncertainties and other factors which may cause the
actual
results, performance or achievements of the Company to be materially
different
from any future results, performance or achievements expressed or implied
by such forward-looking statements. Such risks and other factors include,
among
others, the actual results of exploration activities, the availability of
capital to fund programs and the resulting dilution caused by the raising
of
capital through the sale of shares, accidents, labour disputes and other
risks
of the mining industry including, without limitation, those associated with
the
environment, delays in obtaining governmental approvals, permits or
financing or
in the completion of development or construction activities, title disputes
or
claims limitations on insurance coverage. Although the Company has
attempted to
identify important factors that could cause actual actions, events or
results to
differ materially from those described in forward-looking statements, there
may
be other factors that cause actions, events or results not to be as
anticipated,
estimated or intended. There can be no assurance that such statements will
prove
to be accurate as actual results and future events could differ materially
from
those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements contained in this news release
and
in any document referred to in this news release. Forward looking
statements are made based on management's beliefs, estimates and opinions
on the date the statements are made and the Company undertakes no
obligation to update forward-looking statements if these beliefs, estimates
and opinions or other circumstances should change, except as required by
applicable law. Such forward-looking statements reflect our current views
with respect to future events and are subject to certain risks,
uncertainties and assumptions, including, the risks and uncertainties
outlined in our most recent financial statements and reports and
registration statement filed with the United States Securities and Exchange
Commission (the 'SEC') (available at www.sec.gov) and
with Canadian securities administrators (available at www.sedar.com). Such
risks
and uncertainties may include, but are not limited to, the risks and
uncertainties set forth in the Company's filings with the SEC, such as the
ability to obtain additional financing, the effect of economic and business
conditions, the ability to attract and retain skilled personnel and factors
outside the control of the Company. These forward-looking statements are
made as
of the date of this news release, and the Company assumes no obligation to
update the forward-looking statements or to update the reasons why actual
results could differ from those projected in the forward-looking
statements,
except as required by applicable law. Although the Company believes that
the
beliefs, plans, expectations and intentions contained in this news release
are
reasonable, there can be no assurance those beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consider all of the
information set forth herein and should also refer to the risk factors
disclosed
in the Company's periodic reports filed from time-to-time with the SEC.
This
news release shall not constitute an offer to sell or the solicitation of
an
offer to buy securities of the Company nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale
would
be unlawful prior to registration or qualification under the securities
laws of
any such jurisdiction.

Douglas Lake Minerals Inc.

Unit 222 6820-188th Street Surrey, B.C. Canada

Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;

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originality of the information contained therein.

Source: Douglas Lake Minerals Inc. via Thomson Reuters ONE

[HUG#1505365]

For further information please contact:


Douglas Lake Minerals Inc.

Sam Sangha

Investor Relations

(604) 642-6165