Bonaparte Announces Hooch Property Acquisition

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Bonaparte Resources Inc. (TSX VENTURE:BON) ("Bonaparte" or the "Company") is
pleased to announce that it has entered into a mineral property option agreement
dated July 26, 2011 with Strategic Metals Ltd. (TSX VENTURE:SMD) ("Strategic"),
whereby Bonaparte can acquire up to 100% interest in and to 12 contiguous
mineral claims (the "Hooch Property") located in the Whitehorse Mining District,
Yukon Territory, Canada.


The Hooch Property is 14 km east of the Aishihik Lake road, at a point 20 km
north of its junction with the Alaska Highway and covers an area of
approximately 243 hectares.


The Hooch Property covers the Moraine Showing, a copper, gold, silver, and
tungsten skarn occurrence. The property has received intermittent exploration
over the last 50 years. Geophysical surveys have produced anomalous results from
known skarn horizons and identified other promising targets nearby.


Pursuant to the terms of the option agreement, Bonaparte may acquire up to 100%
interest in the Hooch Property subject to a 2% NSR royalty, by making cash
payments and incurring exploration expenditures in two steps as follows:


1. By paying Strategic an aggregate amount of $100,000 and incurring
expenditures of not less than an aggregate of $200,000 by December 31, 2013 at
which time Bonaparte will become a 50% joint venture owner in the Hooch
Property.


2. By paying Strategic an aggregate amount of $875,000 and incurring
expenditures of not less than an aggregate of $1,100,000 by December 31, 2015 at
which time Bonaparte shall have acquired a 100% interest in the Hooch Property.


The Company has retained Archer, Cathro & Associates (1981) Limited of
Vancouver, BC to carry out exploration work on the Hooch Property consisting of
mapping, soil sampling and testing during August 2011.


ON BEHALF OF THE BOARD OF DIRECTORS

Randy Saunders, CEO and Director

This press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements based on
current expectations involving a number of risks and uncertainties and are not
guarantees of future performance of the Company. There are numerous risks and
uncertainties that could cause actual results and the Company's plans and
objectives to differ materially from those expressed in the forward-looking
information, including: (i) adverse market conditions; and (ii) general
uncertainties with respect to mineral exploration in general. Actual results and
future events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the dates they
are made and are expressly qualified in their entirety by this notice. Except as
required by law, the Company does not intend to update these forward-looking
statements.

Bonaparte Resources Inc. (TSXV:BON)
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