Deer Horn drilling intersects 88.7 g/t Au, 1092 g/t Ag & >1000 ppm Te over .64 m and 1.80% WO3 and 192 g/t Ag and 107 ppm Te over .5 Meters

Jan 12, 2012 Deer Horn drilling intersects 88.7 g/t Au, 1092 g/t Ag & >1000 ppm Te over .64 m and 1.80% WO3 and 192 g/t Ag and 107 ppm Te over .5 Meters Delta, British Columbia January 12 2012 -- Deer Horn Metals Inc. (Deer Horn Metals) (TSX.V - DHM) would like to inform its shareholders that results reported herein are from the final 13 holes drilled during the 2011 exploration program at Deer Horn. The Deer Horn is property located in West Central British Columbia approximately 36 kilometers south of the Huckleberry Mine. The results from the 2011 drilling campaign, coupled with results from the 2009 program, will enable tellurium to be included with gold and silver in a revised resource estimate. The revised resource estimate is expected to be completed in the first quarter of 2012. Tyrone Docherty President said Management is pleased that every drill hole hit mineralization including several high grade results in the table below. We were pleased to discover the presence of high grade WO3 in our Au/Ag/Te zone. All of the results reported below are from holes that were drilled to test Contact Zone and Main Vein mineralization within a 275 m segment of the 2009 Deer Horn gold-silver resource area. Drillhole ID From (m) To (m) Interval (m) Au (g/t ) Ag (g/t ) Te (ppm) WO3 (%) DH11-115 36.00 37.50 1.50 1.50 118 100 DH11-116 29.10 36.20 7.10 5.65 182 169 Including 29.10 31.70 2.60 12.03 346 330 And 46.90 47.90 1.00 8.43 260 208 DH11-121 16.90 19.00 2.10 9.75 430 416 DH11-142 35.12 37.60 2.48 2.21 84.8 204 And 42.20 45.40 3.20 2.45 88.6 109 DH11-143 28.00 32.00 4.00 3.43 56.0 91 Including 30.50 32.00 1.50 7.70 101 158 And 39.50 42.05 2.55 3.15 128 109 Including 40.50 41.00 0.50 14.80 588 494 And 53.80 54.30 0.50  - 192 107 1.80 DH11-144 27.85 29.40 1.55 26.34 827 722 And 61.20 64.75 3.55 2.14 78.2 78 DH11-145 30.60 37.30 6.70 1.24 28.5 48 Including 32.50 33.30 0.80 6.50 117 169 DH11-146 21.00 24.25 3.25 6.17 108 124 And 41.60 43.00 1.40 4.32 106 98 DH11-147 41.65 45.00 3.35 11.51 156 228 Including 42.80 43.45 0.65 51.8 655 > 1000 And 62.85 67.85 5.00 2.13 26.0 57 DH11-148 0.00 17.80 17.80 1.16 34.2 41 And 34.56 36.20 0.64 88.7 1092 > 1000 DH11-149 21.00 26.50 5.50 2.57 106 99 Including 21.00 22.00 1.00 7.80 330 303 DH11-150 37.50 40.50 3.00 3.30 75.5 110 And 50.50 52.00 1.50 1.50 65.0 56 DH11-151 59.80 67.00 7.20 0.99 46.0 43 Note: Intervals listed above are core lengths and do not imply true widths. Drillhole DH11-115 was collared 135 m northwest of the Deer Horn adit on Section 613775 and encountered a zone of discontinuously mineralized Contact Zone carrying anomalous levels of gold and silver with one narrow interval of economic interest. Drillhole DH11-116 was collared 155 m northwest of the Deer Horn adit on Section 613750. It intersected a 7.1 m interval of well-mineralized Contact Zone that included a 2.6 m interval grading 12.03 g/t Au, 346 g/t Ag and 330 ppm Te. Drillhole DH11-121 was collared 220 m west of the Deer Horn adit on Section 613675 and successfully intersected a well-mineralized segment of Main Vein mineralization. Drillhole DH11-142 was collared 150 m northwest of the Deer Horn adit on Section 613750. It intersected three variably mineralized quartz-polymetallic sulphide veins. Drillhole DH11-143 was collared 170 m northwest of the Deer Horn adit on Section 613725. It intersected more than 19 metres of Contact Zone alteration and mineralization and several narrow bands of disseminated scheelite within epidote-altered footwall sedimentary rocks. One of the bands assayed 1.80% WO3, 192 g/t Ag and 107 ppm Te over 0.5 m. Drillhole DH11-144 was collared 60 m northwest of the Deer Horn adit on Section 613850. It intersected a well-mineralized segment of the Main Vein and a zone of footwall vein and stringer mineralization within quartz-sericite alteration. Drillhole DH11-145 was collared 60 m east of the Deer Horn adit on Section 613950. It intersected a modestly mineralized segment of the Contact Zone in contact with silicified footwall clastic rocks that contain narrow quartz-polymetallic sulphide veins that carry appreciable levels of precious metals. Drillholes DH11-146 and 147 were collared 35 m east of the Deer Horn adit on Section 613925. Drillhole 146 was drilled to the north and intersected a 3.25m interval of quartz vein and silicified wallrock at the contact between altered granodiorite and footwall clastic rocks. Borehole 147 was drilled to the south and intersected a narrow, very well-mineralized quartz-polymetallic vein enveloped by altered and mineralized wallrock at the granodiorite-footwall clastics contact. Drillhole DH11-148 was collared 30 m north of the Deer Horn adit on Section 613875. It intersected a low grade zone from surface to a depth of 17.8 m and a deeper, high-grade quartz-polymetallic sulphide vein hosted by altered intrusive rock. Drillholes DH11-149 (Section 613825), DH11-150 (Section 613775) and DH11-151 (Section 613675) were all collared northwest of the Deer Horn adit and tested the Contact Zone. Each hole intersected the zone over varying widths and returned anomalous to modestly mineralized grades. Core Sampling and Analytical Procedures Core samples from the program were cut in half using a diamond cutting saw and were sent to Acme Analytical Laboratories Ltd in Vancouver, BC, for analysis. All samples were analyzed for a suite of elements, including gold and silver, using an Aqua Regia digestion with an ICP-MS finish. Samples returning more than 1000 ppb gold or more than 50 ppm silver were analyzed utilizing standard Fire Assay methods with a Gravimetric finish. Samples returning more than 100 ppm W were analyzed by Phosphoric Acid leach. Certified reference blanks, gold and silver standards, tungsten standards and field duplicates were systematically inserted into the sample stream as part of quality control/quality assurance program. Bob Lane P.Geo is the qualified person for the Deer Horn project. On behalf of the board of directors of Deer Horn Metals Inc. (signed) Tyrone Docherty President and CEO For further information please contact: Primary Contact Tyrone Docherty President Deer Horn Metals Inc. [phone] Forward Looking Information Certain information regarding the Company set forth in this press release, including the use of proceeds, and management's assessment of the Company's future plans and operations contain forward looking information that involve substantial known and unknown risks and uncertainties. The forward looking information is subject to numerous risks and uncertainties, some of which are beyond the Company's and management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, imperfection of reserve estimates, environmental risks, industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. The Company's actual results, performance or achievement could differ materially from those expressed in or implied by, the forward looking information and accordingly, no assurance can be given that any of the events anticipated to occur or transpire form the forward looking information will provide any benefits to the Company. 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