DNV

Dunav Resources Ltd. (TSX VENTURE:DNV) (the "Company" or "Dunav") earlier today
announced an exploration update on its 100% held Tulare Porphyry Project located
in Southern Serbia, including drill results from the Kiseljak and Yellow Creek
copper-gold porphyry target areas. 


As part of the release, the Company included a table (in section 3) of all
Kiseljak significant intersections completed to date, showing the proportion and
tenor of the weighted average data at different value per tonne cut offs. The
Company has been advised by IIROC that such disclosure is not permissible under
NI 43-101. Gross value disclosure (VPT) is not permitted and the average grade
of a deposit (and related cut-off grades) should only be disclosed as part of a
compliant current resource estimate. Therefore, the table of data in section 3 -
Drilling at Kiseljak and Yellow Creek, presented in the news release issued
earlier on February 22, 2012 is hereby retracted. The balance of the information
in the press release remains unchanged.


About Dunav Resources Ltd.: Dunav Resources is a mineral exploration company
focussed on the acquisition, exploration and development of mineral properties
in Serbia. Additional information about the Company is available on SEDAR at
www.sedar.com and at www.dunavresources.com. 


Dunav is well-capitalized, with approximately $6.0 million in its treasury at
January 31, 2012, which it plans to use for the exploration and development of
its mineral projects in Serbia. Dunav's issued and outstanding share capital
totals 99,017,749 common shares, of which approximately 47.5% is held by Dundee
Precious Metals Inc.

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