Deer Horn infill drilling intersects 27.7 m averaging 3.68 g/t Gold (Au), 53.3 g/t Silver (Ag) and 59 ppm Tellurium (Te) with local bonanza grade Gold-Silver intercepts and 4.4 m averaging 24.70 g/t Au, 672 g/t Ag and 745 ppm Te

Jan 05, 2012 Deer Horn infill drilling intersects 27.7 m averaging 3.68 g/t Gold (Au), 53.3 g/t Silver (Ag) and 59 ppm Tellurium (Te) with local bonanza grade Gold-Silver intercepts and 4.4 m averaging 24.70 g/t Au, 672 g/t Ag and 745 ppm Te Delta, British Columbia January 5 2012 -- Deer Horn Metals Inc. (Deer Horn Metals) (TSX.V - DHM) We are pleased to inform our shareholders that more assays from the 2011 work program are now being reported. The Deer Horn property is located in West Central British Columbia approximately 36 kilometers south of the Huckleberry Mine. The assay results described below are for seven infill holes drilled to test Contact Zone and Main Vein mineralization within the 2009 Deer Horn gold-silver resource area. The results will enable tellurium, which was not assayed for prior to the 2009 drilling program, to be included with gold and silver in a revised resource estimate. Tyrone Docherty President commented Management were pleasantly surprised by the intersection of the bonanza grade Gold/Silver/Tellurium in hole DH11-108 assaying 369.8 g/t Gold, 3353 g/t Silver and greater than 1000 ppm Tellurium over .1 meter. The collective results from these seven holes continue to confirm the presence at our Deer Horn property of high grade, near surface mineralization. We anticipate receiving the results of our final 13 holes shortly. Drillhole ID From (m) To (m) Interval (m) Au (g/t ) Ag (g/t ) Te (ppm) WO3 (%) DH11-104 7.60 10.60 3.00 3.95 107 133 And 25.00 40.50 15.50 1.09 30.4 39 Including 32.90 35.70 2.80 3.30 71.2 115 And Including 40.00 40.50 0.50 4.40 108 165 DH11-108 28.90 56.60 27.70 3.68 53.3 59 Including 34.90 40.20 5.30 7.78 143 185 And Including 44.90 47.60 2.70 17.19 156 96 And Including 46.00 46.10 0.10 369.8 3353 > 1000 And 64.20 65.50 1.30 14.6 387 460 DH11-109 27.50 29.60 2.10 25.67 621 692 DH11-110 25.50 36.00 10.50 10.89 297 329 Including 28.70 33.10 4.40 24.70 672 745 And 62.70 63.30 0.60 25.60 385 691 And 71.80 73.60 1.80 12.6 510 472 And 82.70 84.50 1.80 4.60 165 191 And 93.50 95.30 1.80 2.90 103 97 And 107.50 116.70 9.20 1.79 31.9 46 Including 111.40 115.20 3.80 3.29 55.8 84 And 120.20 121.20 1.00 11.80 270 380 DH11-111 6.10 8.80 2.70 10.34 312 362 And 35.70 40.00 4.30 0.78 43.6 46 And 43.80 48.60 4.80 1.04 31.4 36 DH11-113 7.03 17.55 10.52 1.17 57.5 55 Including 9.60 14.15 4.55 1.89 94.0 95 DH11-114 7.40 11.90 4.50 2.32 106 87 And 18.90 21.30 2.40 1.91 119 127 Note: Intervals listed above are core lengths and do not imply true widths. Drillhole DH11-104 was collared 40 m south of the Deer Horn adit on Section 613900. It was drilled to evaluate the potential for mineralization in the footwall of the Main Vein. It encountered three narrow veins at depths of 7.8 m, 34.8 m and 40.2 m. The latter two veins occurred within a 15.5 m wide zone that averages 1.09 g/t Au, 30.4 g/t Ag and 39 ppm Te, indicating potential for additional bulk mineable precious metals mineralization adjacent to the principal Main Vein and Contact Zones. Drillhole DH11-108 was also collared on Section 613900E, 30 m north of the Deer Horn adit. It was designed to infill test the Contact Zone 25 m east of Drillhole DH11-107, a previously reported 2011 infill hole which returned 35.4 m grading 4.12 g/t Au, 94.4 g/t Ag and 115 ppm Te. Contact Zone mineralization was intersected from 28.90 to 56.60 m and yielded a 27.70 m intercept grading 3.68 g/t Au, 53.3 g/t Ag and 59 ppm Te. This intersection includes a thick vein intercept from 30.48 to 35.97 m, as well as narrower quartz-magnetite-pyrite-chalcopyrite veins (up to 0.61 m) and other polymetallic veins that locally carry bonanza grades, such as a 0.1 m vein from 46.0 to 46.1 m that grades 369.8 g/t Au, 3353 g/t Ag and >1000 ppm Te. The hole also intersected a 1.3 m wide quartz-sphalerite-pyrrhotite-pyrite-chalcopyrite vein within footwall sediments at a depth of 64.47 m. Drillholes DH11-109 and 110 were drilled from the same setup located 55 m northwest of the Deer Horn adit on Section 613850. Drillhole 109 intersected a high-grade polymetallic quartz vein at a depth of 27.50 to 29.60 m which graded 25.67 g/t Au, 621 g/t Ag and 692 ppm Te. The hole was abandoned in the Deer Horn adit workings at a depth of 32.3 m. Drillhole DH11-110 was drilled to test the Main Vein and veins that occur in its hangingwall and footwall. The -70 degree south-directed hole cut through Contact Zone alteration and mineralization while also intersecting its intended targets, including a weakly anomalous 3.1 m thick hangingwall vein at a depth of 5.2 m; a well-mineralized 4.4 m thick section of Main Vein at a depth of 28.7 m enveloped by a zone of mineralized quartz stockwork; and numerous mineralized footwall veins (see summary table below). Drillhole DH11-111 was collared just 5 m northwest of drillholes 109 and 110, but was oriented to the north to test the Contact Zone. It intersected a well-mineralized 2.7 m interval of polymetallic quartz vein at a depth of 6.1 m, and Contact Zone mineralization from 35.7 to 48.6 m. Drillholes DH11-113 and 114 were drilled on Section 613725 in the western half of the resource area, approximately 155 m west of the Deer Horn Adit. Both short drillholes intersected narrow Main Vein mineralized structures; the one encountered in drillhole DH11-113 was enveloped by a weakly mineralized alteration zone more than 10 m wide. Most of the 2011 drilling took place on north-south oriented sections that are spaced at 25 or 50 metre intervals. The location of drillhole collars are referenced to these sections and to the historic Deer Horn Adit that occurs centrally to the gold-silver-tellurium vein system. 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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