Discovery Harbour Receives TSX Venture Exchange Approval of Option to Acquire Additional 24% Interest in Wabassi Joint Venture, Northwest Ontario

VANCOUVER, Dec. 2, 2013 /CNW/ - Discovery Harbour Resources Corp. (TSXV:DHR) ("Discovery" or the "Company") announces that it received TSX Venture Exchange approval of the option to acquire an additional 24% interest in the Wabassi Joint Venture which was granted to the Company by Great Lakes Resources LLC, as described in the Company's news release dated November 14, 2013. Great Lakes Resources LLC is a private US company controlled by Richard B. Gilliam, a director and significant shareholder of the Company. The option is exercisable until February 28, 2014.

ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.

"Ian Graham"

Ian Graham
President, CEO and Corporate Secretary

Disclaimer for Forward-Looking Information

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding: (i) the option to acquire a 24% interest in the Wabassi Joint Venture, and (ii) the expiry of this option. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that: (1) the Company may not be able to exercise the option for any reason whatsoever, and (2) the expiry date for exercise of the option may change for any reason whatsoever. Except as required by law, the Company does not intend to update these forward-looking statements.

Neither 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.

SOURCE Discovery Harbour Resources Corp.