• TSX.V: FVAN :
  • OTCQX®: FVANF
  • Frankfurt: 1PY :
  • Vanadium: US

subpage_banner1.jpg

November 14, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V.AEX)  as completed the 2007 phase II exploration program at its wholly owned Dora gold Property in the Spences Bridge Gold Belt. The Phase II program had three components: soil geochemistry, soil channel trenching and excavator trenching.

Initial grid soil geochemistry identified six substantial cross-cutting gold-in-soil anomalies: A through F. Subsequent field investigation identified a seventh anomaly, designated G. A further 20 line kilometres of 25 metre spaced grid soil geochemical sampling was completed to test the southern extension of Anomaly G and the western extension of Anomaly D.

A further 480 lineal metres of continuous 1 metre channel soil geochemical sampling was completed in 7 trenches, testing several of the elevated  gold-in-soil values along anomalies A, D, E and F.

A total of 22 excavator trenches were established during the program, totalling 554 lineal metres. Four hundred and fifteen bedrock chip samples were collected. Trenching was concentrated in three areas, following up on gold-in-soil geochemistry and prospecting: Anomaly G south, Anomaly G north and the Anomaly A – Anomaly E junction area.

Fifteen trenches were established in a 150 metre wide by 200 metre long section of Anomaly G south following up on the continuous gold-in-soil zones identified by channel soil trenching, as reported in the news release dated September 24, 2007. All trenches except the most southerly trench 12 exposed very siliceous, possibly rhyolitic volcaniclastics, with varying amounts of clay and limonite alteration. Many of the trenches unearthed generally north-south trending thin quartz stringers or veinlets within small shear zones through to significant fault zones. Northsouth trending andesite dykes were mapped in most of the trenches. Trench 12 was underlain by andesite, containing two fault zones with thin quartz stringers.

Five trenches were excavated along a 200 metre section of Anomaly G north. Andesite, commonly brecciated with silicified zones containing 1-5% very fine-grained disseminated pyrite, was encountered in all trenches. All trenches also hosted shear zones with associated thin quartz veinlets and local chalcedony.

Two trenches tested the Anomaly A – Anomaly E junction area where soil geochemistry values of 423 and 286 ppb Au were obtained. A grab rock sample from this same area returned a value of 500 ppb Au. Andesite and volcaniclastic rocks were mapped in both trenches. Shearing with associated quartz stringers and quartz-feldspar-carbonate veinlets was located in trench DOTR07- 17.

All assaying is being conducted by Eco Tech Laboratories Ltd. in Kamloops, British Columbia. QA/QC protocols including duplicates and standards have been employed by Appleton.

A 1500 metre diamond drilling program is scheduled once all assay results have been received.

The 2007 Dora exploration program was completed under the direction of Steve Butrenchuk, P.Geol., a Qualified Person as defined in National Instrument 43-101.

On Behalf of the Board of Directors,
“R. Tim Henneberry”
R.Tim Henneberry, P.Geo.
President and CEO


For further information, please contact:
Tim Henneberry: (604) 694-0741

For Investor Relations Information contact:
MarketSmart Communications:
(604) 261-4466  |   (Toll Free 1-877-261-4466)

 

R. Tim Henneberry, P.Geo. , President, CEO & Director of the Company, is the Qualified Person as defined in
National Instrument 43-101, who has reviewed and approved the technical content of this news release.

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