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Golden Dory Resources Adopts Shareholder Rights Plan

About Golden Dory

In 2012, the Company took over as operator of the Iron Horse Project (previously known as the Gabbro Lake Project) for which Golden Dory can earn up to a 100% interest in the project subject to obtaining TSX Venture Exchange approval to allow it to earn a 100% interest. Strategically located in the eastern portion of the Labrador Trough, the Iron Horse Project is 50 km from the rail line servicing the Schefferville mining camp and 8 km from an all-weather access road. To date, drilling has discovered iron-rich mineralization highlighted by drill intercepts of 354 meters grading 27.8% Fe. (See geophysical map on homepage at www.goldendoryresources.com). The Company is also seeking partners on its earlier stage gold, uranium and high grade base metal properties in Newfoundland.

For further information, please contact Kevin D. Keats, President and CEO of Golden Dory at (709) 256-4201, or Jeremy Hill, CHF Investor Relations 416.868.1079 ext. 238 or email Jeremy@chfir.com. This news release has been reviewed and approved by Timothy Froude, P. Geo., a "Qualified Person" under National Instrument 43-101.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of these Issuers should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. The Issuers will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Golden Dory and/or Metals Creek.