Dundarave Resources Inc.
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 March 13, 2007
News Release

 Dundarave Resources Inc. (TSX-V: DDX), ("the Company") announces the grant of directors and employees incentive options to purchase up to 267,500 shares in the capital of the Company at a price of $0.72 for a period of three years, expiring on March 13, 2010. The foregoing is subject to TSX Venture exchange approval.

The Company continues to review and conduct due diligence studies on advanced exploration and development opportunities.

ON BEHALF OF THE BOARD
Paul Matysek, M.Sc., P. Geo.
President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
 
 

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