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Vancouver, BC. October 15, 2012 – Cornerstone Metals Inc. (“Cornerstone” or the “Company”) (TSXV: CCC) announces it has arranged a non-brokered private placement (the “Private Placement”) of up to 1,000,000 units priced at $0.125 per unit, for total gross proceeds of up to $125,000. Each unit will be comprised of one common share and one warrant, with each warrant exercisable into one additional common share at a price of $0.20 per share at any time within an 18-month period from the closing date of the Private Placement.
The Company expects to use the proceeds of the Private Placement for general working capital.
The securities issued pursuant to the Private Placement will be subject to a four month hold period from the closing date.
The Private Placement is subject to approval by the TSX Venture Exchange.

About the Company

Cornerstone owns 100% (subject to 1.5% NSR’s) of the 12,066 hectare Spences Bridge Gold Project near Merritt, BC. The project is an exploration project focused on gold in the Spences Bridge Gold Belt.
Cornerstone is also seeking advanced stage exploration projects or development/production stage project in precious metals or copper in the Americas. The Company has a core competence of taking exploration -staged projects to production. Management/board expertise includes exploration, permitting, development and production of open pit and underground hard rock mines.

On Behalf of the Company

Courtney Shearer – interim – CEO and President

(403)804-8636 phone, (888)255-9404 fax or This email address is being protected from spambots. You need JavaScript enabled to view it.

Neither the 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.

Forward-Looking Statements
This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s use of proceeds of the Private Placement, strategy, or future financial or operating performance and other statements that express management’s expectations or estimates of future performance. Forward-looking statements are generally identifiable by the use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. All such forward-looking information and statements are based on certain assumptions and analyses made by the Company’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forwardlooking information or statements. Important factors that could cause actual results to differ from these forwardlooking statements include but are not limited to: risks related to the exploration and potential development of the Company’s projects, risks related to international operations, the actual results of exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company’s MD&A filed on SEDAR. There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

 

Vancouver, BC. Cornerstone Metals Inc. (TSXV: CCC) (the “Company”) is pleased to announce the appointment of Jason Nickel, P.Eng. to the Board of Directors of the Company. Mr. Nickel replaces Mr. Willis Osborne who has resigned his Board position. The Company wishes to thank Bill Osborne for his contribution to the Company.

Mr. Nickel has been involved in advancing several mining projects in BC, Yukon and NWT. He is currently VP of Operations at ROCK Construction and Mining Inc., a mining contractor based in Kamloops, BC, focused on drilling and blasting services across Canada. Previously, Mr. Nickel was VP Mining for New Pacific Metals, responsible for advancing the Tagish Lake Gold Project in the Yukon. Prior to that he was Mine Manager of Capstone Mining Corp.’s Minto Mine. He also worked as a Senior Mining Engineer at De Beers Canada's Snap Lake Diamond Mine and as a Mining Engineer at the Highland Valley Copper Mine.

Courtney Shearer, interim CEO of Cornerstone stated, “ Jason Nickel brings additional mining and operations skills to our board, which we expect will further enhance our ability to evaluate, acquire and develop more advanced stage mining projects.”

The Company also announces the grant of 750,000 stock options to directors, officers and consultants pursuant to the terms of the Company’s stock option plan. The options are exercisable at a price of $0.12 per share, for a period of 5 years from the date of grant.


Courtney Shearer, Interim CEO and President
For further information please contact:
(403)804-8636

 

This email address is being protected from spambots. You need JavaScript enabled to view it.

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

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.

Forward-Looking Statements
This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance.
Forward-looking statements are generally identifiable by the use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. All such forward-looking information and statements are based on certain assumptions and analyses made by the Company’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forwardlooking information or statements. Important factors that could cause actual results to differ from these forwardlooking statements include but are not limited to: risks related to the exploration and potential development of the Company’s projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company’s MD&A filed on SEDAR.
There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

 

Vancouver, B.C. - December 22, 2011. Appleton Exploration Inc. ("the Company") (TSXV: AEX) announces the appointment of Courtney Shearer, B.Sc., MBA as interim CEO, interim President, and director effective immediately.  Mr. Shearer replaces Mr. Tim Henneberry, who has resigned as CEO, President, and director.  The Company wishes to thank Mr. Henneberry for his services to the Company for the past five years.

Over a career spanning 31 years, Mr. Shearer has been involved in natural resources businesses, primarily in various capacities in the mining sector.  He has been President, CFO, Corporate Secretary and director for several public, exploration and mining companies since 2000.  He was a director of San Gold Corporation 2005 to 2010 while that company grew from an exploration company to a producing, junior mining company.

Mr. Fred Sveinson, director, said, "The current objective for the Company is to find new exploration or development-stage projects to grow the Company.  We look forward to exciting developments in 2012."

On behalf of the Board of Directors

Frederick J. Sveinson, Director

For further information, please contact:

 

Fred Sveinson (604) 230-1070

 


Neither the TSX Venture Exchange nor its Regulations 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.

 

September  26, 2011 - Vancouver, British Columbia.    Appleton Exploration Inc. (TSX-V: AEX) (the "Company") announces that it has entered into an assignment agreement with Northrock Resources Inc. for the Manalo gold project in the Republic of Mali, West Africa. Appleton has agreed to assign its interest in Manalo to Northrock for US$250,000 and 1,000,000 shares of Northrock Resources Inc., subject to approval of the TSX Venture Exchange.

Appleton continues to aggressively pursue additional opportunities.

In an unrelated matter, the Company has granted 200,000 stock options to a director of the Company. The options, which are subject to the terms and conditions of the Company's stock option plan, are exercisable prior to September 26, 2016, at an exercise price of $0.10 per share.

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

 


 

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

June 29, 2011 - Vancouver, British Columbia.  Appleton Exploration Inc. (the "Company") (AEX - TSX.V) announces that at its annual general meeting of shareholders scheduled to be held on Tuesday, July 19, 2011 (the "Meeting"), the Company will be seeking shareholder approval for a resolution authorizing the board of directors, at their discretion, to consolidate the Company's common shares on a basis up to 5 pre?consolidation shares to 1 post consolidation share, the final ratio to also be determined by the directors.  The board of directors believes that it may be in the best interests of the Company to consolidate its share capital in order to provide increased flexibility in seeking additional financing opportunities, pursuing strategic business acquisitions, and to improve the market's perception of the Company.  The directors also believe it is in the best interests of the Company for the board to have the flexibility in effecting such a consolidation on the basis of up to five (5) pre?consolidation for one (1) post?consolidation common share.  Completion of the consolidation is subject to the approval of the Company's shareholders by ordinary resolution at the Meeting as well as approval of the TSX Venture Exchange.  There is currently an aggregate of 49,357,671 common shares issued and outstanding.  It is expected, that upon completion of a 5 for 1 consolidation, there would be an aggregate of approximately 9,871,534 common shares issued and outstanding.  If a consolidation is ultimately implemented, the Company will not be changing its name. 

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

 

 Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. 

Forward-Looking Statements 

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance. 

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual activity, of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in plans as they continue to be refined, future prices of gold, as well as various other factors discussed in the sections relating to risk factors of the Company set out in the Company's MD& A filed on SED AR. 

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

May 5, 2011 - Vancouver, British Columbia.  Appleton Exploration Inc. (AEX - TSX.V) reports that pursuant to an agreement dated February 20, 2009, whereby the Company may acquire up to a 100% interest in the Manalo Gold Project in Mali, the Company has issued 500,000 units to Delta Exploration Inc., being the second anniversary option payment.  Each unit is comprised of one common share and one share purchase warrant entitling the holder to acquire one additional common share of Appleton at an exercise price of $0.14 per share on or before March 18, 2013.  The securities are subject to a four month hold until July 19, 2011.  

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO 

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

 Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

 



 

January 24, 2011 Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) is pleased to provide a summary of the 2010 drill programs completed on the Manalo Gold Project, Mali, West Africa. Appleton completed two drill programs in 2010; the 8,071 metre March program at Dialafara and the 4,372 metre May program at Sirabada and Mansaya. The Company's ultimate goal in the area is to establish a mineable gold mineral deposit or deposits.

A total of seven known gold zones occur on the 15,000 hectare Manalo property. In addition, a totally new area of gold mineralization is being worked by orpailleurs or local miners, where up to 400 have been searching for and recovering gold.


Dialafara Summary

Drilling at Dialafara concentrated in two areas; the Northern Segment and the Southern Segment. A total of 37 reverse circulation drill holes totaling 4,300 metres and 67 air core reverse circulation drill holes totaling 3,771 metres were completed at Dialafara.

The Northern Segment is a 700 metre long zone of mineralization, centred on a zone of artisanal workings, and currently open to the northwest. The Northern Segment appears to consist of multiple sub parallel zones across a 55 metre wide northwest trend. Drilling to date has returned several intervals between 0.30 grams per tonne (gpt) Au to 2.5 gpt Au over widths from 7 to 16 metres. In the past, the drilling has identified higher grade intercepts within the Northern Segment, including 640 gpt Au over 3 metres, 15.64 gpt Au over 16 metres and 35.67 gpt Au over 7 metres.

The Southern Segment is a 900 metre long zone of mineralization containing three areas of artisanal workings. The Southern Segment consists of a dominant northwest trending mineralized zone with multiple subsidiary northeast trending zones. Drilling to date has returned several long, continuously mineralized intervals within a 450 metre long by 120 metre deep segment. Drilling has returned several intervals between 0.30 gpt Au to 6.27 gpt Au over widths from 5 to 61 metres, including 1.45 gpt Au over 61 metres, 1.62 gpt Au over 61 metres and 6.27 gpt Au over 25 metres. In the past, the drilling has identified higher grade intercepts within the Southern Segment, including 29.07 gpt Au over 6 metres and 9.57 gpt Au over 9 metres.

Table 1. Highlights of 2010 Dialafara Drill Program

Drill Hole
Zone
From (m)
To (m)
Length (m)
Fire Assays Au g/t
Screen Metallic Assays Au g/t
MDL-10-074
Dialafara South
70
84
14
0.2
0.33
and
108
116
8
0.32
0.47
MDL-10-076
Dialafara South
33
39
6
0.28
0.54
and
69
70
1
1.81
5.43
MDL-10-079
Dialafara North
114
124
10
6.54
2.32
including
118
124
6
10.75
3.82
including
119
120
1
50.8
13.90
MDL-10-081
Dialafara North
62
69
7
0.43
0.17
MDL-10-082
Dialafara North
50
57
7
0.65
0.61
MDL-10-084
Dialafara North
97
100
3
0.94
0.88
MDL-10-086
Dialafara South
47
108
61
1.62
0.95
including
47
65
18
0.65
0.73
including
65
77
12
0.17
0.11
including
77
108
31
2.79
1.43
including
102
108
6
12.93
4.73
including
106
107
1
57.3
2.29
MDL-10-088
Dialafara South
0
12
12

 

0.32
Dialafara South
93
120
27

 

1.50
MDL-10-089
Dialafara South
0
9
9

 

0.35
and
64
77
13

 

0.97
and
86
102
16

 

0.29
MDL-10-091
Dialafara South
0
8
8

 

2.97
MDL-10-093
Dialafara South
78
81
3

 

2.24
and
99
101
2

 

2.22
MDL-10-096
Dialafara South
96
120
24

 

0.22
MDL-10-097
Dialafara South
50
67
17

 

0.60
and
94
97
3

 

26.88
including
94
95
1

 

78.00
MDL-10-098
Dialafara South
95
108
13

 

0.30
MDL-10-099
Dialafara South
24
85
61

 

1.45
MDL-10-100
Dialafara South
77
78
1
3.17
MDL-10-102
Dialafara South
49
59
10
0.75

including
49
53
4
1.45
MDL-10-103
Dialafara South
86
87
1
2.83

and
91
92
1
0.47
MDL-10-104
Dialafara South
23
24
1
0.32
and
44
47
3
1.00
and
58
62
4
0.20
and
103
105
2
0.79
MDL-10-108
Dialafara South
46
47
1
47.40
and
70
72
2
4.01
MDL-10-109
Dialafara South
50
51
1
0.70
MDL-10-110
Dialafara South
3
5
2
0.63
and
82
90
8
0.67
and
108
118
10
3.68

Sirabada Summary

Drilling in 2010 at Sirabada consisted of 5 air core reverse circulation drill holes totaling 485 metres testing the main structure and 34 air core drill holes totaling 2,103 metres in three drill fences crossing the broad gold soil anomaly west of the main structure.

The Sirabada main structure is an intensely altered and bleached northwest-trending clay-quartz zone. The zone is marked by an extensive area of artisanal mine workings within a broad 2500 metre by 200 to 600 metre gold-in-soil anomaly. Drilling to date across the main structure has located only scattered areas of anomalous gold, including a best value of 5.60 gpt Au over 1 metre.

The subparallel Hilltop structure was identified from aircore drilling approximately 200 metres west of the main structure. Drill intersections across the Hilltop zone include: 2.29 gpt Au over 4 metres and 0.88 gpt Au over 10 metres.


Table 2. Highlights of 2010 Hilltop Structure Drill Program

Drill Hole
from (m)
to (m)
length (m)
Au (gpt)
MSAC-10-009
0
10
10
0.88
MSAC-10-019
55
59
4
2.29
MSAC-10-020
6
14
8
0.77
and
24
33
9
0.79

Mansaya Summary

Drilling at Mansaya consisted of 52 air core reverse circulation drill holes totaling 1,784 metres in three drill fences. The program was curtailed by the onset of the rainy season. The drilling tested some of the soil geochemistry anomalies in the southeastern section of the Mansaya anomaly. Nothing of significance was noted in the drilling.


New Artisanal Workings on Manalo

There is a new area of artisanal workings developing on the Manalo property. The workings lie approximately 3.35 kilometres southeast of the Dialafara Zone and 2.8 kilometres west of the Manalo Nord Est Zone. The workings cover an area of approximately 175 metres by 120 metres where up to 400 local miners have been at work. Coarse grained gold was being recovered by the locals. This area represents a completely new area of gold mineralization.

Now that all assay results have been received and in light of the newly discovered artisanal workings, Appleton's technical team is reviewing the data in detail to determine the next phase of exploration on the Manalo project.

Appleton is earning a 100% interest in the Manalo project from Delta Exploration Inc., a wholly-owned subsidiary of Rockgate Capital Corp.


Quality Control and Assurance

The widths and grades reported are drill intercept widths and may not represent the true width of mineralization. Individual gold assays have not been cut but high grade samples have been separately reported in the table above. Samples are reverse circulation cuttings collected using a cyclone in 1 metre intervals that are riffle split at the drill site. Samples are assayed by fire assay (50 gram charge). Zones of quartz veining and limonite were submitted for check assays by the screen metallic method in order identify the presence and significance of coarse gold in samples. The primary laboratory is ALS Chemex in Bamako, an ISO 17025 certified laboratory. Standard, blank and duplicate samples were inserted throughout the sample sequence as quality control checks.


Appointment of Director

The Board of Directors is pleased to announce the appointment of Willis W. Osborne as a director. Mr. Osborne received his B.Sc. in Geology from the University of Minnesota in 1961 and his M.Sc. in Geology from the University of British Columbia in 1966. Since beginning his career as an exploration geologist for Noranda Exploration, he has been active in precious and base metal exploration for over 30 years and has served on the boards of several junior exploration companies. Mr. Osborne acted as President and CEO of Great Quest Metals, a TSX Venture company, until late in 2010. As such, he led the team that established an historical mineral resource on the copper-gold Taseko property in British Columbia. In Mali he assembled a group of geologists that acquired several gold and phosphate concessions in that country. This group also defined a 43-101 compliant mineral resource on the Kenieba gold concession in western Mali.

The Board of Directors also announces the resignation of James Walchuck. Jim departs to concentrate on another company of which he is President and CEO. The Board wishes to thank Jim for his contributions to Appleton since its inception. Jim will remain on the Advisory Board where management can still utilize his African mining and development experience.


About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"
R.Tim Henneberry, P.Geo.
President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry: (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, exploration programs, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.



 

October 26, 2010.  Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) is pleased to announce the discovery of a new mineralized zone (Hilltop Structure) during recent aircore (AC) drilling at the Sirabada Prospect on the Manalo Gold Project.

Highlights include:

  • 0.88 grams per tonne (g/t) gold over 10 metres in MSAC-10-009
  • 2.29 g/t gold over the bottom 4 metres in MSAC-10-019
  • Up-dip extension of mineralization in MSAC-10-020 displays 2 intervals (Table 1).
  • Drill holes MSAC-10-009 and 019/020 are 220 metres apart along strike.
  • The new trend lies 200 metres west of and parallel to the main Sirabada structure.
  • Sirabada hosts an extensive hard rock artisanal mine site, covering an area more than 200 x 400 metres

Table 1           Highlights from Hilltop Structure

Drill Hole

From

(m)

To

(m)

Length

(m)

Au g/t

MSAC-10-009

0

10

10

0.88

MSAC-10-019

55

59

4

2.29

MSAC-10-020

6

14

8

0.77

and

24

33

9

0.79

All reported assays are by screen metallics method.

Aircore drilling tested several targets on the Sirabada and Mansaya Prospects.  At Sirabada, 34 drill holes totalling 2103 metres cut 3 fences across the western side of the extensive soil geochemical anomaly.  Five holes also tested under the main Sirabada structure, returning several low-grade intervals (see Table 2).

Table 2           Highlights from Sirabada Main Structure

Drill Hole

From

(m)

To

(m)

Length

(m)

Au g/t

MSB-10-022

31

33

2

0.96

and

57

63

6

0.30

MSB-10-023

39

45

6

0.73

and

65

68

3

0.80

All reported assays are by screen metallics method.

At Mansaya, 52 aircore drill holes totalling 1784 metres were completed in 3 fences across a broad soil geochemical anomaly.  Results are pending.

Dialafara Southern Segment

The 2009/10 drill campaign on the Dialafara Southern Segment returned numerous significant intervals.  Recent re-interpretation of those results and the host structures suggests that mineralization is controlled by a series of northeast-trending extension veins intersecting a northwest-trending contact between a coarse sandstone unit and fine mudstone units.  These structural intersections host long intervals of gold mineralization perhaps in an en echelon and stacked arrangement.  Table 3 highlights the previously released results from the Dialafara Southern Segment.

Table 3           Highlights from Dialafara Southern Segment

Drill Hole

From

(m)

To

(m)

Length

(m)

Au g/t

MDL-07-001

71.0

80.0

9.0

*9.57

MDL-07-002

87.0

93.0

6.0

*29.07

MDL-07-011

53.0

66.0

13.0

*2.43

MDL-09-053

39.0

51.0

12.0

0.55

MDL-09-054

37.0

54.0

17.0

0.95

MDL-09-058

14.0

26.0

12.0

0.89

MDL-09-068

86.0

112.0

26.0

0.51

MDL-09-072

60.0

73.0

13.0

0.44

MDL-09-073

68.0

82.0

14.0

2.06

and

93.0

124.0

31.0

3.76

MDL-10-086

47.0

108.0

61.0

0.95

MDL-10-088

93.0

119.0

26.0

1.04

MDL-10-089

64.0

76.0

12.0

1.03

MDL-10-097

51.0

65.0

14.0

0.68

MDL-09-099

27.0

80.0

53.0

1.62

MDL-10-108

70.0

72.0

2.0

4.01

MDL-10-110

108.0

118.0

10.0

3.68

*   Assayed by 30g FA/AA finish

All samples were initially analyzed by 50 gram fire assay.  Samples identified in potentially mineralized zones or than returned anomalous (>0.10 g/t) gold values were re-assayed by screen metallics analysis.  Previous work suggests that Manalo hosts moderate coarse gold.

Quality Control and Assurance

The widths and grades reported are drill intercept widths and may not represent the true width of mineralization.  Individual gold assays have not been cut but high grade samples have been separately reported in the table above.  Samples are reverse circulation cuttings collected using a cyclone in 1 metre intervals that are riffle split at the drill site. All samples are assayed by fire assay (50 gram charge).  Zones of quartz veining and limonite were submitted for check assays by the screen metallic method in order identify the presence and significance of coarse gold in samples. The primary laboratory is ALS Chemex in Bamako, an ISO 17025 certified laboratory. Standard, blank, and duplicate samples were inserted throughout the sample sequence as quality control checks.  Both Christopher J. Wild, P.Eng. and Paul Cowley, P.Geo., director of Appleton, are qualified persons for the drilling campaign.

About Mali

Mali is the fastest grow ing gold produc ing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

August 11, 2010 Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) is pleased to announce the remaining results from recent reverse circulation (RC) and aircore (AC) drilling on the southern segment of the Dialafara Prospect on the Manalo Gold Project, Republic of Mali, West Africa.  Highlights include 10 metres of 3.68 grams per tonne (g/t) gold and 10 metres of 0.75 g/t Au.  These new results, in conjunction with previous drilling to date, now define a minimum 625 metre strikelength trend of encouraging gold mineralization.

Appleton's president Tim Henneberry stated "Appleton management continues to be very excited with the drill results from our Manalo Gold Project. We are getting a better handle on the geology controlling the gold mineralization, now have a considerable strikelength of gold mineralization in the Dialafara South Segment target and have many untested anomalies and targets throughout the Manalo Permit that warrant our attention. "

New results are from the last 11 RC holes, MDL-10-100 to MDL-10-110 on the Dialafara South Segment and aircore drilling along its northwest projection, part of the 37 hole 4,300-metre RC drill program and 67 hole 3,771-metre AC drill program conducted during March and April, 2010. Appleton is earning a 100% interest in the Manalo project from Rockgate Capital Corp.

Table 1           Highlights

Drill Hole

From

(m)

To

(m)

Length

(m)

Au g/t

MDL-10-100

77

78

1

3.17

MDL-10-102

49

59

10

0.75

incl

49

53

4

1.45

MDL-10-103

86

87

1

2.83

and

91

92

1

0.47

MDL-10-104

23

24

1

0.32

and

44

47

3

1.00

and

58

62

4

0.20

and

103

105

2

0.79

MDL-10-108

46

47

1

47.40

and

70

72

2

4.01

MDL-10-109

50

51

1

0.70

MDL-10-110

3

5

2

0.63

and

82

90

8

0.67

and

108

118

10

3.68

Six RC holes, MDL-10-100, 101, and 107 to 110, explored 100 to 280 metres to the northwest of MDL-10-099 which intersected 1.45 g/t Au across 61 metres, as reported in our news release dated July 15, 2010.  Many of the best gold intercepts in the Dialafara South Segment, like that in MDL-10-099, occur within a trend of quartz veining along and proximal to the northwest-trending sandstone-mudstone contact.  MDL-10-107 to 110 encountered significant quartz veining in the coarse sandstone unit adjacent to the contact.  MDL-10-110 intersected 3.68 g/t Au over 10 metres. Hole MDL-10-110 is 200 metres northwest of hole MDL-10-099. More drilling is proposed for this area. MDL-10-100 and 101 did not reach the key sandstone-mudstone contact but explored veining in the mudstones, encountering weak veining with sporadic gold values.

Five RC holes, MDL-10-102 to 106, tested the 300 metres between the central Dialafara artisanal workings (MDL-10-086 and 099) and the southeast workings (MDL-09-073).  All 5 holes tested quartz veining in the mudstones immediately northeast of the key sandstone-mudstone contact, intersecting quartz veining and sporadic gold values.  The drilling did not reach the key sandstone-mudstone contact. Drill testing of the key contact zone in this area is planned.

The northwest projection of the Dialafara Southern Segment was explored by four widely spaced lines of aircore drilling. This drilling identified several gold-bearing structures associated with mudstone-sandstone contacts.  Near MDL-10-017, aircore hole MAC-10-125 intersected 15 metres assaying 0.55 g/t Au and MAC-10-126 intersected 5 metres of 0.43 g/t Au (by 50g Fire Assay).  Almost 200 metres west, MAC-10-133 and 134 intersected 9.0 metres of 0.20 g/t Au and 6.0 metres of 0.18 g/t Au, respectively, in a new significant quartz vein trend associated with a sandstone-mudstone contact.  That quartz veining is traceable to the northwest for over 300 metres, and may represent the fold-repeated contact found at the Dialafara Southern Segment. Drilling is proposed for this potential repetition of the mineralized structure.

Quality Control and Assurance

The widths and grades reported are drill intercept widths and may not represent the true width of mineralization.  Individual gold assays have not been cut but high grade samples have been separately reported in the table above.  Reverse circulation and aircore cuttings collected used a cyclone in 1 metre intervals that are riffle split at the drill site. All samples were initially analyzed by 50 gram fire assay.  Samples identified in potentially mineralized zones or that returned anomalous (>0.10 g/t) gold values were reassayed by screen metallics analysis in order identify the presence and significance of coarse gold in samples. All reported assays in this report are by screen metallics methods unless otherwise stated.  Previous work suggests than Manalo hosts moderate coarse gold. The primary laboratory is ALS Chemex in Bamako, an ISO 17025 certified laboratory. Standard, blank, and duplicate samples were inserted throughout the sample sequence as quality control checks.  Both Chris Wild, P.Eng. and Paul Cowley, P.Geo., director of Appleton, are qualified persons for the drilling campaign.

Appleton is awaiting results from aircore drilling completed in June 2010 on the Sirabada and Mansaya Prospects approximately 8 kilometres south and southeast of Dialafara South.

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

July 15, 2010 Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) is pleased to announce results from a further thirteen reverse circulation (RC) holes focused on the southern segment of the Dialafara Prospect on the Manalo Gold Project, Mali, West Africa.  These new results, in conjunction with previous drilling to date, now define a minimum 450 metre strikelength trend of encouraging gold mineralization. The latest results include: 61 metres of 1.45 grams per tonne (g/t) Au, 27 metres of 1.50 g/t Au and 3 metres of 26.88 g/t Au.

Table 1           New Highlights from Dialafara Southern Segment

Hole Number

Zone

From (m)

To (m)

Length (m)

g/t Au

MDL-10-088

Dialafara South

0

12

12

0.32

 

Dialafara South

93

120

27

1.50

MDL-10-089

Dialafara South

0

9

9

0.35

 

and

64

77

13

0.97

 

and

86

102

16

0.29

MDL-10-091

Dialafara South

0

8

8

2.97

MDL-10-093

Dialafara South

78

81

3

2.24

 

and

99

101

2

2.22

MDL-10-096

Dialafara South

96

120

24

0.22

MDL-10-097

Dialafara South

50

67

17

0.60

 

and

94

97

3

26.88

 

including

94

95

1

78.00

MDL-10-098

Dialafara South

95

108

13

0.30

MDL-10-099

Dialafara South

24

85

61

1.45

Note:  All assays presented above are screen metallic assays

Drill results last reported on June 15, 2010 focused on testing the northwesternmost 250 metre strikelength of the Dialafara Southern Segment. The drill results reported in this release with holes MDL-10-087 through MDL-10-099 tested a 700 metre strikelength of the Dialafara Southern Segment, overlapping 150 metres with the previous reporting. These new results, in conjunction with previous drilling to date, now show good signs of lateral and downdip continuity to gold mineralization along a minimum 450 metre strikelength. Other drilling previously reported along this 450 metre strikelength include hole MDL-10-086 with 61 metres of 1.62 g/t Au hole and hole MDL-09-54 with 18 metres of 3.32 g/t Au.

The drill results above are part of the 4,300 metre, 37 hole RC drill program and 3,771 metre, 67 hole AC drill program conducted during March and April 2010.  Maps showing drill collar locations and tables of metre by metre results for each of the intervals tabled in this news release are available on the Manalo Current Exploration Page on the Company's website: www.appletonexploration.com. There are still 10 holes pending results from this campaign, all on the Dialafara Southern Segment.

The Company also wishes to announce that it has completed 39 aircore holes totaling 2,586 metres on its Sirabada target and 52 aircore holes totaling 1,784 metres on its Mansaya target, both of which are part of the Manalo Project. Results are pending from this program.

Appleton is earning a 100% interest from Delta Exploration Inc., a wholly-owned subsidiary of Rockgate Capital Corp.

Quality Control and Assurance

All samples were initially analyzed by 50 gram fire assay.  Samples in high quartz intervals or those returning anomalous (>0.10 g/t Au) gold values were analyzed by screen metallic assay method, in order to identify the presence and significance of coarse gold in samples. All intercepts presented in this news release are screen metallic assay. The widths and grades reported are drill intercept widths and may not represent the true width of mineralization. Individual gold assays have not been cut, but high grade samples have been separately reported in the table above. Samples are reverse circulation cuttings collected using a cyclone in 1 metre intervals that are riffle split at the drill site. The primary laboratory is ALS Chemex in Bamako, an ISO 17025 certified laboratory. Standard, blank and duplicate samples were inserted throughout the sample sequence as quality control checks.  Both Chris Wild, P.Eng. and Paul Cowley, P.Geo., director of Appleton, are qualified persons for the drilling campaign.

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, exploration programs, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

June 15, 2010 Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) is pleased to announce initial results from its spring 2010 reverse circulation (RC) and aircore (AC) drill campaign on the northern and southern segments of the Dialafara Prospect on the Manalo Gold Project, Mali, West Africa.  Highlights include 31 metres of 2.79 grams per tonne (g/t) gold (uncut) in a broader interval of 61 metres of 1.62 grams per tonne gold (uncut).  Follow-up analysis by screen metallics methods returned 1.43 g/t Au over the 31 metre interval and 0.95 g/t  Au over the 61 metre interval, confirming gold mineralization.

Table 1           Highlights from MDL-10-086, Dialafara South Segment

Drill Hole

From

(m)

To

(m)

Length

(m)

Fire

Assays

Au g/t

Check Screen Metallic Assays

Au g/t

MDL09-086

47

108

61

1.62

0.95

incl

47

65

18

0.65

0.73

incl

65

77

12

0.17

0.11

incl

77

108

31

2.79

1.43

incl

102

108

6

12.93

4.73

incl

106

107

1

57.30

2.29

The drill results above are part of the 4,300 metre, 37 hole RC drill program and 3,771 metre, 67 hole AC drill program conducted during March and April 2010.  Maps showing drill collars locations and tables of metre by metre results for each of the intervals tabled in this news release are available on the Manalo Current Exploration Page on the Company's website: www.appletonexploration.com.

Appleton is earning a 100% interest from Delta Exploration Inc., a wholly-owned subsidiary of Rockgate Capital Corp.

Dialafara South Segment

Twenty-nine RC drill holes totalling 3,328 metres tested along approximately 900 metres of the Dialafara South structure.  To date, results have been received for 5 holes from this area.  MDL-10-086, reported above, was collared under the central artisanal workings where mapping indicates the presence of northeast and northwest trending quartz veins in a stockwork.  MDL-10-086 is situated between holes MDL-09-053 and MDL-09-054, which returned 1.58 g/t Au over 10 metres and 3.32 g/t Au over 18 metres, respectively, in a west-northwest-trending quartz-rich structure.  Significantly, gold mineralization in MDL-10-086 extends 10 metres into rock without quartz veining.

In addition, four holes, MDL-10-074 to MDL-10-077, located about 150 metres northwest of MDL-10-086 in the northwest artisanal workings on the Dialafara South structure intersected weakly mineralized quartz veining proximal to the main structure. Their highlights are tabled below. These four holes are in the vicinity of previous drilling, which included 27 metres averaging 0.50 g/t Au from MDL-09-068.

Table 2           Other Highlights from Dialafara South Segment

Drill Hole

From

(m)

To

(m)

Length

(m)

Fire

Assays

Au g/t

Check Screen Metallic Assays

Au g/t

MDL09-074

70

84

14

0.20

0.33

and

108

116

8

0.32

0.47

MDL09-076

33

39

6

0.28

0.54

and

69

70

1

1.81

5.43

Dialafara North Segment

MDL-10-079 intersected high-grade gold mineralization associated with quartz veining at the bottom of the hole. MDL-10-079 returned 6.54 g/t Au across 10 metres by fire assay and 2.30 g/t Au by screen metallics methods.  MDL-10-079 was collared 50 metres northwest of section MDL-09-046 and MDL-09-062, which intersected 2.80 g/t Au over 11 metres and 1.03 g/t Au over 9 metres, respectively.  MDL-10-080 was collared too far to the southwest so failed to reach the mineralized structure.  Thus, this mineralized zone remains open to the northwest, heading toward mineralization identified some 750 metres to the northwest.

MDL-10-081 to 085 tested 400 to 700 metres southeast of MDL-10-079, southeast of the Dialafara north artisanal workings.  MDL-10-081 was collared approximately 60 metres southeast of MDL-09-065, which intersected 7 metres of 34.97 g/t Au.

Table 3           Highlights from Dialafara North Segment

Drill Hole

From

(m)

To

(m)

Length

(m)

Fire

Assays

Au g/t

Check Screen Metallic Assays

Au g/t

MDL-10-079

114

124

10

6.54

2.32

incl

118

124

6

10.75

3.82

incl

119

120

1

50.80

13.90

MDL-10-081

62

69

7

0.43

0.17

MDL-10-082

50

57

7

0.65

0.61

MDL-10-084

97

100

3

0.94

0.88

Dialafara North Segment - NW Step-out

One RC hole, MDL-10-078, was drilled to test low-grade mineralization intersected in aircore drilling in 2009.  MAC-09-001 intersected 0.17 g/t Au across 30 metres.  MDL-10-078 intersected anomalous gold values between 95 and 116 metres downhole, including 1.28 g/t Au over 2 metres.  A new fence of aircore drilling comprising 8 holes stepped 100 metres to the south, intersecting an 8 metre interval averaging 0.73 g/t Au in MAC-10-099.  This structure is on strike with Dialafara north segment mineralization.  MAC-10-096 also intersected 10.65 g/t Au over 1 metre in a 4-metre moderately quartz-rich structure.

All samples were analyzed by 50 gram fire assay.  Samples identified in potentially mineralized zones or that returned anomalous (>0.10 g/t) gold values were checked with screen metallics analysis.  Previous work suggests that Manalo hosts moderate coarse gold.

Quality Control and Assurance

The widths and grades reported are drill intercept widths and may not represent the true width of mineralization. Individual gold assays have not been cut but high grade samples have been separately reported in the table above. Samples are reverse circulation cuttings collected using a cyclone in 1 metre intervals that are riffle split at the drill site. Samples are assayed by fire assay (50 gram charge). Zones of quartz veining and limonite were submitted for check assays by the screen metallic method in order identify the presence and significance of coarse gold in samples. The primary laboratory is ALS Chemex in Bamako, an ISO 17025 certified laboratory. Standard, blank and duplicate samples were inserted throughout the sample sequence as quality control checks.  Both Chris Wild, P.Eng. and Paul Cowley, P.Geo., director of Appleton, are qualified persons for the drilling campaign.

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, exploration programs, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.



June 9, 2010 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has commenced a new drilling program at its Manalo Gold Project in the Republic of Mali, West Africa. This program will focus on the Sirabada and Mansaya gold targets and will be Appleton's first drilling pass on these targets.

The Sirabada target is a 1500 metre long by 200 to 500 metre wide gold-in-soil anomaly.  The geochemical anomaly appears to represent multiple northwest trending linears associated with extensive artisanal workings. The strongest set of workings, which is currently 500 metres long and 50 metres wide, is associated with intense white clay-quartz alteration. This large target has received 2,335 metres of reverse circulation drilling in 21 holes by the previous operator, however, Appleton geologists believe that only two of those holes were properly oriented to test mineralization. The best intercepts from previous drilling were from MSB-08-013 with 0.49 gpt Au across 14 metres, 0.50 gpt Au across 8 metres and 0.54 gpt Au across 7 metres.

The Mansaya target consists of two gold-in-soil anomalous areas. The southern anomaly is 1200 metres long by 300 to 450 metres wide and has received eight reverse circulation holes totalling 774 metres by the previous operator. Hole MMS-08-018 returned 10.71 gpt Au over 3 metres. The northern anomaly is 1600 metre long by 200 metre wide. A total of 905 metres of reverse circulation were completed in 9 holes in this area. Holes MMS-08-007 through MMS-08-012 intersected a mineralized trend with the best results from MMS-08-008 with 0.80 gpt Au across 20 metres.

The drilling program will comprise approximately 2000 metres in the Sirabada target and 2700 metres in the Mansaya target. The Sirabada program will consist of 4 drill fences of air core drilling across the full width of the zone. The Mansaya program will consist of 6 drill fences of air core drilling focused on the southern gold anomaly.

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's planned drilling programs and strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

June 1, 2010 Vancouver, British Columbia. Appleton Exploration Inc. (AEX – TSX.V) has commenced a follow up surface trenching program at its Manalo Gold Project in the Republic of Mali, West Africa. This program will focus on the northern and southern segments of the Dialafara Z one and on the Mansaya Zone. Key trenching at this stage will expose the corridors of mineralization in strategic parts of these zones for added grade continuity and structural data to solidify interpretations of drill intercepts.

The trenching program will comprise of approximately 400 metres for the Dialafara Zone; 200 metres in the Northern Segment and 200 metres in the Southern Segment. The Mansaya trenching program will be approximately 200 metres.

Appleton completed 37 reverse circulation (RC) holes totaling 4,300 metres and 67 air core holes totaling 3,771 metres at Dialafara in March and April 2010. Assay results are pending. The last drill program completed at Mansaya was the spring 2008 program conducted by Delta Exploration Inc.

Drilling to date on the Manalo Property totals over 32,000 metres. Delta Exploration completed 15,474 metres in 159 holes over the entire property between 2006 and 2008. Appleton has completed three drill campaigns totaling 16,672 metres of Reverse Circulation and Aircore drilling in 232 holes, concentrating in the Dialafara Zone since May of 2009.

About Mali
Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

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

For further information, please contact: For Investor Relations Information contact:
Tim Henneberry:  (604) 694-0741 Contact Financial Corp. 604.689.7422 Toll Free 1.877.689.741

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements
This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's planned drilling programs and strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

April 29, 2010 Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has completed the first phase of the spring 2010 drilling program at its Manalo Gold Project in the Republic of Mali, West Africa. This phase focused on the northern and southern segments of the Dialafara Zone. Thirty seven reverse circulation (RC) holes totaling 4,300 metres and 67 air core holes totaling 3,771 metres were completed. Samples were shipped to ALS Chemex in Bamako, Mali at regular intervals throughout the program. Assay results are pending and expected before the end of May.

Dialafara Zone

The Dialafara Zone consists of a 3.7 kilometre long gold soil anomaly. The zone appears to be fault off-set, resulting in a 2 kilometre long northern segment and a 1.7 kilometre long southern segment.

Dialafara Northern Segment

Of the 2 kilometre long gold soil anomaly, drilling has defined gold mineralization in the Dialafara Northern Segment for a strikelength of over 600 metres to date, which locally occurs as multiple sub parallel zones across a 55 metre wide northwest trend. The Northern Segment is centred on a 200 metre long zone of artisanal workings. Previously reported drilling has returned several intervals between 0.30 gpt Au to 2.5 gpt Au over widths from 7 to 16 metres. In addition, higher grade drill intercepts had been encountered within the Northern Segment, including 640 gpt Au over 3 metres, 15.64 gpt Au over 16 metres and 35.67 gpt Au over 7 metres.

During the 2010 Phase 1 program seven reverse circulation holes totalling 852 metres were completed in the Northern Segment. An additional 16 air core holes totalling 938 metres were completed on the "32 Zone" immediately to the southeast of the Northern Segment, testing for a parallel structure.

Dialafara Southern Segment

Of the 1.7 kilometres long soil anomaly, drilling to date in the Dialafara Southern Segment has been focused on a 700 metre strikelength of the anomaly. There are three separate zones of artisanal workings along this 700 metre trend. The Southern Segment consists of a dominant northwest trending mineralized zone with multiple subsidiary northeast trending zones. The artisanal workings appear to extend up to 100 metres in a northeast direction. Previously reported drilling has returned several intervals between 0.30 gpt Au to 6.27 gpt Au over widths from 5 to 25 metres. In addition, higher grade drill intercepts had been encountered within the Southern Segment, including 29.07 gpt Au over 6 metres and 9.57 gpt Au over 9 metres.

During the 2010 Phase 1 program twenty-nine reverse circulation holes totalling 3,328 metres were completed in the Southern Segment. In addition, 43 air core holes totalling 2,361 metres were completed in the Southern Segment to test for strikelength expansion of the zone.

Quality Control and Assurance

All samples were sent to ALS Chemex in Bamako, an ISO 17025 certified laboratory, for assay. Standard, blank and duplicate samples were inserted throughout the sample sequence as quality control checks. Both Chris Wild, P.Eng. and Paul Cowley, P.Geo. are qualified persons for the drilling campaign.

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's planned drilling programs and strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

April 5, 2010 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) reports that pursuant to the agreement dated February 20, 2009, whereby the Company may acquire up to a 100% interest in the Manalo Gold Project in Mali, the Company has issued 500,000 units to Delta Exploration Inc., being the first anniversary option payment.  Each unit is comprised of one common share and one share purchase warrant entitling the holder to acquire one additional common share of Appleton at an exercise price of $0.32 per share, on or before April 1, 2012.  The securities are subject to a four month hold until August 2, 2010.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

March 22, 2010 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has commenced the spring 2010 drilling program at its Manalo Gold Project in the Republic of Mali, West Africa. This phase of the drilling program will focus on the northern and southern segments of the Dialafara Zone. The total proposed drill program will consist of approximately 2,700 metres of reverse circulation drilling and 2,200 metres of air core drilling.

Dialafara Zone

The Dialafara Zone consists of a 3.7 kilometre long gold soil anomaly. The zone appears to be fault off-set, resulting in a 2 kilometre long northern segment and a 1.7 kilometre long southern segment.

Dialafara Northern Segment

Of the 2 kilometre long gold soil anomaly, drilling has defined gold mineralization in the Dialafara Northern Segment for a strikelength of over 600 metres to date, which locally occurs as multiple sub parallel zones across a 55 metre wide northwest trend. The Northern Segment is centred on a 200 metre long zone of artisanal workings. The drilling has returned several intervals between 0.30 gpt Au to 2.5 gpt Au over widths from 7 to 16 metres. In addition, the drilling has identified higher grade intercepts within the Northern Segment, including 640 gpt Au over 3 metres, 15.64 gpt Au over 16 metres and 35.67 gpt Au over 7 metres.

Approximately 800 metres of reverse circulation drilling is currently planned on this target.

Dialafara Southern Segment

Of the 1.7 kilometres long soil anomaly, drilling to date in the Dialafara Southern Segment has been focused on a 700 metre strikelength of the anomaly. There are three separate zones of artisanal workings along this 700 metre trend. The Southern Segment consists of a dominant northwest trending mineralized zone with multiple subsidiary northeast trending zones. The artisanal workings appear to stretch up to 100 metres in a northeast direction. Drilling to date has returned several intervals between 0.30 gpt Au to 6.27 gpt Au over widths from 5 to 25 metres. In addition, the drilling has identified higher grade intercepts within the Southern Segment, including 29.07 gpt Au over 6 metres and 9.57 gpt Au over 9 metres.

Approximately 1900 metres of reverse circulation drilling is currently planned on this target.

Additionally, approximately 2,200 metres of air core drilling is planned within the Dialafara Zone in efforts of extending strikelengths of mineralization.

Quality Control and Assurance

All samples will be sent to ALS Chemex in Bamako an ISO 17025 certified laboratory for assay. Standard, blank and duplicate samples will be inserted throughout the sample sequence as quality control checks. Both Chris Wild, P.Eng. and Paul Cowley, P.Geo. are qualified persons for the drilling campaign.

About Mali

Mali is the fastest growing gold producing country in Africa.  Production in 2007 amounted to 2 million ounces of gold, making Mali Africa's third-largest gold producer after South Africa and Ghana.  AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

Grant of Stock Options

The Company also reports that it has granted 1,100,000 stock options to directors, officers, and consultants of the Company, at an exercise price of $0.20 per share, expiring on March 22, 2015, subject to the terms and conditions of the Company's stock option plan.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's planned drilling programs and strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

February 11, 2010 Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) reports that pursuant to a letter of intent dated February 10, 2010, it has granted an option to Resource Hunter Capital Corp. ("Resource Hunter") to acquire an undivided interest of a minimum of 51% or a maximum of 75% in the Dora Gold Project, subject to a third-party 1.5% net smelter return royalty.  The 12,067 hectare Dora Gold Project is located in the Spences Bridge Gold Belt, approximately 20 kilometres south of Merritt, British Columbia.

To acquire the minimum 51% undivided interest in the Dora Project, Resource Hunter will pay $25,000 to Appleton on or before the date of closing of Resource Hunter's Qualifying Transaction (the "effective date"); will issue an aggregate of 1,200,000 Units (each comprised of one common share and one warrant) on or before two years from the effective date; and complete expenditures on the Dora property in the aggregate of $1,100,000 on or before three years from the effective date.

To acquire the maximum 75% undivided interest in the Dora Project, Resource Hunter must fulfill the above requirements; issue to Appleton 500,000 additional Units; and make additional expenditures of $1,000,000 on or before four years from the effective date.

The proposed transaction is subject to (1) the approval by the Exchange, (2) Resource Hunter obtaining a legal opinion on title to the Property, (3) Appleton receiving third party consent from the original owner of the Property, and (4) the negotiation, execution and delivery of a definitive agreement.

Appleton completed over $750,000 in exploration on the Dora Project from 2006 through 2008, on programs of geochemical soil sampling, airborne geophysics, and excavator trenching. The property has several drill ready targets.

Appleton's president Tim Henneberry stated "Appleton management is pleased to put the Dora property to work through the option with Resource Hunter Capital Corp. This allows Appleton to continue to concentrate all of its efforts on our exciting Manalo Gold Project."

Appleton's main focus is the Manalo Gold Project in Mali, West Africa. The latest drill results (see News Release 10-01 dated February 8, 2009) included highlights of 25 metres grading 6.27 grams per metric tonne in hole MDL09-073 and 7 metres grading 34.97 grams per metric tonne gold in hole MDL09-065.

Apple ton has sufficient working capital on hand to fund its planned 2010 exploration programs. The next phase of drilling on the Manalo Gold Project is slated to begin in March.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:                (604) 694-0741         (604) 694-0741

Contact Financial Corp.

              604.689.7422         604.689.7422 Toll Free               1.877.689.7411         1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of th is news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

February 8, 2010 Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) is pleased to announce that drilling in the area of high grade gold mineralization in the Dialafara southern segment has discovered a zone of continuous gold mineralization with drill hole MDL09-073 intersecting 25 metres of 6.27 grams per metric tonne (g/t) gold at a vertical depth of 88 metres. Check screen metallic assays of the same interval returned 25 metres of 4.56 g/t Au.

MDL09-073 was drilled on the same drill section line below three other holes.  MDL07-001 and MDL07-002, drilled in 2007, returned 9.57 g/t Au across 9.0 metres and 29.07 g/t Au across 6.0 metres, respectively, and MDL09-072 returned 0.44 g/t Au across 13 metres. The four intercepts align and form a moderately dipping zone of continuous gold mineralization. The drill results suggest the gold zone is thickening with depth. Link to a cross-section on our website with: http://www.appletonexploration.com/index.php/projects/manalo/113.html

Drill Section Highlights

Drill Hole

From

(m)

To

(m)

Length

(m)

Fire

Assays

Au g/t

Check Screen Metallic Assays

Au g/t

MDL09-073

68

82

14

0.81

2.06

96

121

25

6.27

4.56

MDL09-072

60

73

13

0.06

0.44

MDL07-001*

71

80

9

9.57

NA

MDL07-002*

87

93

6

29.07

NA

* Historic data;  NA = Not available

It should be noted that hole MDL07-002 stopped in mineralization due to technical problems so does not represent a complete pass through the zone. The surface projection of the zone corresponds to an area of artisanal workings where multiple sub parallel veins have been shallowly mined within a 35 metre wide northeast trend.

Hole MDL09-073 also contains a 14 metre wide gold intercept, which is interpreted to be the start of an additional sub parallel zone on this section.

Appleton's president Tim Henneberry stated "Appleton management is very pleased with the drill results from our Manalo Gold Project. We are now seeing continuity in an impressive gold zone, thickening with depth. This success is the key to building resources and ounces of gold on the property. Furthermore, the medium and high grade intervals dispersed through the many large lower grade intervals on the Manalo property are common to mines in this region."

The drill results above are part of the 1,806 metre, 15 hole reverse circulation drill program conducted in Fall 2009 focused on the Dialafara target, Manalo Gold Project, Republic of Mali, West Africa where Appleton is earning a 100% interest from Delta Exploration Inc., a wholly-owned subsidiary of Rockgate Capital Corp.

Highlights for the Fall 2009 program include:

Drill Hole

From

(m)

To

(m)

Length

(m)

Fire Assays Au g/t

Check Screen Metallic Assays

Au g/t

MDL-09-059

24

27

3

0.07

0.51

82

87

5

0.05

0.54

116

131

15

0.17

0.47*

 

MDL-09-060

44

51

7

0.10

0.48

 

MDL-09-061

23

28

5

0.11

0.53

 

38

47

9

0.52

0.77*

 

 

 

 

MDL-09-062

39

48

9

1.35

1.03

 

 

 

 

 

 

MDL-09-065

67

74

7

34.97

9.95

including

69

70

1

190.00**

26.51

 

 

 

 

 

 

MDL-09-066

36

40

4

0.50

0.45

 

 

 

 

 

 

MDL-09-067

25

38

13

0.15

0.52

 

 

 

 

 

 

MDL-09-068

18

19

1

3.28

3.44

 

47

48

1

0.48

0.54

 

54

58

4

0.46

0.65

 

86

112

26

0.53

0.51

 

 

 

 

 

 

MDL-09-072

60

73

13

0.06

0.44

 

102

104

2

3.63

2.84

 

 

 

 

 

 

MDL-09-073

68

81

14

0.81

2.06

 

96

121

25

6.27

4.56

including

96

111

15

8.57

4.45

including

104

105

1

99.30***

28.38

including

116

121

5

5.35

5.27

*    intercept correlated to high grade intercept in MDL09-056 reported in NR 09-11 August 11, 2009

**  two fire re-assays of this sample both returned >100 g/t Au

*** two fire re-assays of this sample returned 32.6 and 35.9 g/t Au

Note: Compositing used 0.3 g/t Au cut-off and <3m internal dilution

Drill collar location maps and two cross-sections, all with preliminary zone interpretations, are posted on the Company's website using the following link - http://www.appletonexploration.com/index.php/projects/manalo/113.html

Within the Dialafara northern segment, drill holes MDL09-059, MDL09-061 and MDL09-063 were focused around the high grade intercept in MDL09-056. The drilling helped extend the zone laterally and vertically albeit with low grade values. Holes MDL09-060, MDL09-062 and MDL09-067 were drilled to help define sub parallel gold zones adjacent to the two intercepts in MDL08-036. Multiple sub parallel gold-bearing zones are apparent across a 55 metre wide northwest trend in this area. Holes MDL09-064 through MDL09-066 were drilled under the centre of a 200 metre long northwest trending zone of artisanal workings. Hole MDL09-065 returned a grade of 34.97 g/t Au across 7 metres at a vertical depth of 65 metres. Check screen metallic assays of this same interval returned 7 metres of 9.95 g/t Au. The mineralized trend has been intercepted to date in 6 holes over a strike length of 175 metres with the best intercept from MDL09-065.  MDL09-065 is the southernmost hole of these 6 holes.

Within the Dialafara southern segment, drilling was conducted in three areas of artisanal workings along a strike length of 700 metres. The multiple veins at these sites demonstrate blow-out clusters of northeast trending gold-bearing veins linked by a northwest trending dominant mineralized structure. MDL09-068 explored one area under a series of northeast trending sub parallel veins that have been shallowly mined at surface across a 67 metre wide trend and returned a drill intercept of 26 metres of 0.53 g/t Au. Hole MDL09-069 was drilled below the 18 metres of 3.36 g/t Au intersected in MDL09-054 corresponding to the dominant mineralized structure in that area. Holes MDL09-070 through MDL09-073 were drilled under artisanal workings covering a 130 metre by 90 metre area dominated by a series of northeast trending shallowly mined veins where the continuous gold zone has been discovered.

Quality Control and Assurance

The widths and grades reported are drill intercept widths and may not represent the true width of mineralization. Individual gold assays have not been cut but high grade samples have been separately reported in the table above. Samples are reverse circulation cuttings collected using a cyclone in 1 metre intervals that are riffle split at the drill site. Samples are assayed by fire assay (50 gram charge). Zones of quartz veining and limonite were submitted for check assays by the screen metallic method in order identify the presence and significance of coarse gold in samples. The primary laboratory is ALS Chemex in Bamako, an ISO 17025 certified laboratory. Standard, blank and duplicate samples were inserted throughout the sample sequence as quality control checks. The three highest fire assay values between 46.2 and 190 g/t Au show good reproducibility from 2 subsequent fire assay checks. Both Chris Wild, P.Eng. and Paul Cowley, P.Geo., director of Appleton, are qualified persons for the drilling campaign.

Screen Metallic Comparisons

Screen metallic assaying of lower and intermediate grade fire assayed samples showed similar to better values than original fire assay values. Frequently, screen metallic assaying identified low grade zones undetected by original fire assaying. The three original high grade fire assay samples between 46.2 g/t Au and 190 g/t Au returned 28.38 g/t Au and 26.51 g/t Au, respectively, by screen metallic assay methods, demonstrating the local affects of coarse nuggety gold on the property.

The Company has begun preparation for a follow up drill program expected to commence before the end of March.

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.


November 12, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has commenced the second phase of drilling at the Manalo Gold Project in the Republic of Mali, West Africa. The reverse circulation drill program will initially focus on the Northern and Southern Segments of the Dialafara Zone in areas of high grade gold drill intercepts with the aim to establish zone continuity.

Appleton is earning a 100% interest in the Manalo Gold Project, subject to a 2% Net Smelter Return (NSR) Royalty, from Delta Exploration Inc. ("Delta") a wholly-owned subsidiary of Rockgate Capital Corp. (RGT - TSX.V).

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Paul Cowley, P.Geo., Director of Appleton Exploration Inc., 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.

October 19, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has begun final preparations for the next phase of drilling at the Mali Gold Project in the Republic of Mali, West Africa. The rainy season in Mali has been longer than normal, delaying start-up of the program. Drilling is scheduled to commence within the first two weeks of November, weather permitting.

Initial reverse circulation drilling will concentrate in the Northern Segment of the Dialafara Zone in the area where high grade gold intercepts were encountered in 2008 and spring 2009 drill programs. The Company also plans to drill other targets on the property.

Appleton currently has working capital of approximately $1.6 million, sufficient funds to carry out this drill program and at least one follow up drill program.

Appleton is earning a 100% interest in the Manalo Gold Project, subject to a 2% Net Smelter Return (NSR) Royalty, from Delta Exploration Inc. ("Delta") a wholly-owned subsidiary of Rockgate Capital Corp. (RGT - TSX.V).

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

R. Tim Henneberry, P.Geo., President and Director of Appleton Exploration Inc., 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.

August 12, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has entered into an Advisory Services Agreement with Byron Capital Markets, a division of Byron Securities Ltd. of Toronto. Pursuant to the terms of the agreement, Byron will act as a nonexclusive business advisor for an initial 4 month term, renewable on monthly basis after the initial term, at a fee of $10,000 per month. The agreement may be terminated by either party upon 30 days written notice.

Byron Capital Markets, a division of Byron Securities Limited, is a Toronto-based institutional investment dealer focused on small and mid market capitalization companies primarily in the energy and mining sectors.  Byron is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and provides companies with a full range of investment banking and advisory services to assist them through their various stages of development and growth.

Under the terms of the agreement, Byron will introduce Appleton to capital market participants  and other strategic investors; provide strategic advice to maximize shareholder value; assist with advice on Appleton's strategic external growth initiatives; make introductions and structure relationships with strategic business partners; assist Appleton with structuring any potential transactions; and assist with any potential financing.

Appleton President Tim Henneberry states "We are very pleased to enter into this advisory business relationship with Byron to assist us in moving our Manalo Gold Project in the Republic of Mali, West Africa forward." Information on the Manalo Gold Project can be found on the Company's website: www.appletonexploration.com.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility f or the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD& A filed on SED AR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

June 24, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) provides clarification on the high grade intercept in MDL-09-056 on Manalo reported in news release 09-07 dated June 15, 2009.

The reported 10 metre intercept is composed of 4 metres of abundant quartz, followed by 3 metres of metasediment followed by a further 3 metres of abundant quartz from the interval of 53 to 63 metres. The 10 metre interval stands out from the surrounding rock out as a distinct geological zone of alteration and concentration of quartz veining. The individual one metre descriptions and assays are as follows:

 

Metre
from
Metre
to
Rock
type
Quartz vein
fragments
Description
Sample
number
gpt
Au
gpt Au
check
53
54
SSI*
90%
Oxidized, coarse qtz fragments
720428
0.80
54
55
SSI
90%
Oxidized, coarse qtz fragments
720429
0.06
55
56
SSI
50%
Oxidized, coarse qtz fragments
720430
0.14
56
57
SSI
60%
Oxidized, coarse qtz fragments
720431
0.01
57
58
SSI
/
720432
0.01
57
58
Duplicate
720433
0.01
58
59
SSI
/
720434
0.03
59
60
SSI
/
720435
0.05
60
61
SSI
95%
White, coarse qtz fragments, trace of oxidation
720436
1895
1455
61
62
SSI
1%
720437
0.47
0.46
62
63
SSI
90%
Coarse qtz fragments, trace of oxidation
720438
25.1
Three metre interval
640.19
493.89
Ten metre interval
192.17
148.17

*Rock Type SSI is a meta siltstone; qtz is quartz

As part of the QA/QC protocols from ALS Chemex in Bamako samples 720436 and 720437 were re-assayed. Sample 720433 was a duplicate of sample 720432 and forms part of Appleton's internal QA/QC protocols.

The entire 10 metre section is included within the 455 metallic screen check assays currently underway as reported in news release 09-09.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo., President and CEO

 

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

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

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.


June 24, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has received gold assay results from the final drill holes of its spring 2009 drilling program on the Manalo Gold Project in the Republic of Mali, West Africa.  The final drill holes principally focused on the southern segment of the 3 kilometre long Dialafara gold soil anomaly.

The Company conducted reconnaissance level aircore drilling to step back and broadly test the southern segment of the Dialafara gold soil anomaly, which covers an area of 1.8 kilometres x 300 metres. To date the southern segment has received only limited and selective cluster drilling. Five 200 metre long transects of multiple shallow, angled aircore drill holes prospected for additional gold-bearing structures to those discovered by previous drilling. The transects were spaced 200 to 500m apart to cover a strike length of 1.5km of the anomaly and totaled 54 holes. The drilling has been successful in identifying corridors of  quartz veining on the southernmost four transects and provides a framework for follow-up closer spaced drilling. Highlights include: AC-09-93 on Transect 5 with 1.50 gpt Au across 8.0 metres, AC-09-61 on Transect 2 intersecting 7.53 gpt Au over 1 metre and AC-09-75 on Transect 4 intersecting 0.72 gpt Au over 3 metres.

Also within the southern segment of the Dialafara gold anomaly two additional RC holes were drilled to test the southeast projection of holes MDL-09-053 and MDL-09-054, which encountered 10 metres of 1.53 gpt Au and 10 metres of 5.03 gpt Au, respectively, reported in NR 09-06. Holes MDL-09-057 and MDL-09-058 encountered abundant quartz throughout their lengths. Hole MDL-09-057 was abandoned at 51 metres due to poor ground conditions. Hole MDL-09-058 was collared immediately behind Hole MDL-09-057 and was completed to a depth of 87 metres. Hole MDL-09-057 returned a 3.0 metre interval of 0.81 gpt Au. Hole MDL-09-058 returned a 9.0 metre interval grading 0.72 gpt Au. Further drilling will be required before estimates of true thickness can be made.

Results from the lower core segment of Hole MDL-09-056, the upper part of which was reported in NR 09-07 last week have been received. The drill core section of this hole tested the down dip extension in MDL-08-036, which was 16 metres of 15.64 gpt Au. The interpreted down dip extension in MDL-09-056 returned 11.5 metres grading 1.27 gpt Au from 138.2 to 149.7 metres in the hole.

Appleton President Tim Henneberry states "We have made great progress on Manalo's evaluation in terms of new significant gold intercepts and geological understanding from our spring 2009 drill program. Once the rainy season is over in Mali we plan to return for a fall 2009 drill program on the Dialafara anomaly as well as the other large gold anomalies on the Manalo permit."

The Company has instructed Mr. Christopher J. Wild, P.Eng., the project QP, to initiate a check assay program on all significant mineralized zones encountered during the spring 2009 drilling program, including MDL-09-056, to verify anomalous results.  ALS Chemex in Bamako, Mali will complete metallic assays on approximately 455 individual samples from the program with final results expected to be provided to the Company in mid July. At that time the Company intends to provide a complete summary of the program.

Maps of the current exploration program are available for viewing on the Company's website at www.appletonexploration.com.

The drilling program was conducted under the supervision of Mr. Christopher J. Wild, P. Eng., a Qualified Person as defined in National Instrument 43-101.  QA/QC protocols of standards, duplicates and blanks were incorporated in the sampling program. Assaying is being completed by ALS Chemex in Bamako, Mali.

Appleton is earning a 100% interest in the Manalo Gold Project, subject to a 2% Net Smelter Return (NSR) Royalty, from Delta Exploration Inc. ("Delta") a wholly-owned subsidiary of Rockgate Capital Corp. (RGT - TSX.V).

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

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

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology.  All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.



 

June 16, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) reports that Karl Kottmeier has stepped down as a director of the Company.   The Board of Directors would like to thank him for his services to the Company.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.,

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

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

June 15, 2009- Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has received fur ther gold assay results from the 2009 reverse circulation drilling program on the Manalo Gold Project in the Republic of Mali, West Africa. MDL-09-056 has returned 192 grams per tonnes Au (6.17oz/t) over a 10 metre quartz rich zone including 640 gpt Au (20.58oz/t) over 3 metres. These values were confirmed in the lab QA/QC checks, which gave values of 148 gpt Au over 10 metres, including 493 gpt Au over 3 metres. Appleton has requested a second re-assay of the pulps, a resplit of the coarse rejects and also has submitted a second split from the original reverse circulation field samples for the 3 metre interval.

The intercept appears to be a new zone 50 metres to the east of the intercept in previously reported drill hole DL-36 of 15.64 gpt over 16.0 metres. The azimuth of MDL-09-056 was drilled perpendicular to the interpreted trend of mineralization in this sector of the permit and at a dip of -55o. The intercept is near surface, between 53.0 and 63.0 metres down hole. Company geologists are working on interpretations and correlations with other holes. Assays for the remaining holes for the 2009 reverse circulation program are pending.

"With such a spectacular near surface intercept, the Manalo project is looking extremely encouraging" states Appleton President Tim Henneberry.

The drilling program is being conducted under the supervision of Mr. Christopher J. Wild, P. Eng., a Qualified Person as def ined in National Instrument 43-101. QA/QC protocols of standards, duplicates and blanks are being incorporated in the sampling program. Assaying is being completed by ALS Chemex in Bamako, Mali.

Appleton is earning a 100% interest in the Manalo Gold Project, subject to a 2% Net Smelter Return (NSR) Royalty, from Delta Exploration Inc. ("Delta") a wholly-owned subsidiary of Rockgate Capital Corp. (RGT - TSX.V).

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold, making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo., President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry: (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

R. Tim Henneberry, P.Geo., President and Director of Appleton Exploration Inc., 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.


June 3, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX - TSX.V) has received its first gold assay results from the 2009 drilling program on the Manalo Gold Project in the Republic of Mali, West Africa. The first fifteen reverse circulation holes with selective coring all intersected gold mineralization. DL-09-041 returned 36.4 gpt Au over 1 metre; DL-09-042 returned 2.55 gpt Au over 7.5 metres; and DL-09-054 returned 5.03 gpt Au over 10 metres. The 2009 drill program continues.

The main thrust of the 2009 drilling program has been to further evaluate the large (3km x 0.5km) Dialafara gold soil anomaly, which has previously produced drill intercepts such as 15.64 gpt Au across 16.0m and 29.07 gpt Au across 6.0m. Additional reconnaissance footage has been allocated to test previously untested sub-parallel gold soil anomalies.

The drilling has focused on the northern and southern segments of the Dialafara Anomaly. Holes DL-09-041 to DL-09-052 concentrated on the 700 metre long northern segment to follow up drill intercepts of 15.64 gpt Au across 16.0m, 1.61 gpt Au across 16.0m and 2.26 gpt Au across 10.0m. These twelve angled holes encompassed 1272 metres of reverse circulation drilling and 264 metres of core drilling. Holes DL-09-053 to DL-09-055 concentrated in the southern segment of the Dialafara Anomaly to follow up drill intercepts of 29.07 gpt Au across 6.0m, 9.57 gpt Au across 9.0m and 1.71 gpt Au across 19.0m.

Northern Segment Drilling

Dialafara Drill Highlights - Northern Segment

DH
Sample From (m) To (m) Length (m) Au (gpt)
DL-09-041
RC 48.0 49.0 1.0 36.40

Core 108.5 109.5 1.0 1.21

Core 118.2 121.3 3.1 0.88
DL-09-042
Core 125.7 126.7 1.0 5.48

Core 132.2 139.7 7.5 2.55

Including 136.7 137.7 1.0 10.92
DL-09-043
RC 33.0 38.0 5.0 1.09

Including 35.0 36.0 1.0 4.85
DL-09-044
RC 43.0 46.0 3.0 0.90
DL-09-045
RC 27.0 28.0 1.0 0.65
DL-09-046
RC 94.0 95.0 1.0 1.18

RC 139.0 144.0 5.0 1.34
DL-09-047
RC 51.0 54.0 3.0 0.31
DL-09-048
RC 43.0 49.0 6.0 0.67

RC 70.0 71.0 1.0 1.12

RC 95.0 96.0 1.0 1.30
DL-09-049
RC 66.0 77.0 11.0 1.14
DL-09-050
RC 58.0 62.0 4.0 0.61
DL-09-051
RC 25.0 26.0 1.0 0.32
DL-09-052 RC 21.0 24.0 3.0 1.89

The drilling in the northern segment of the Dialafara Anomaly demonstrates the presence of multiple steeply dipping northwest trending quartz-gold bearing structures for an approximate strike length of 700m within Birimian sediments.  The drill results correlate well with the previous two intersections of 1.61 gpt Au over 16 metres in DL-08-032 and 2.26 gpt Au over 10 metres in DL-08-036. Drilling in the area of the deeper silicified zone mineralization in DL-08-036 (15.64 gpt Au over 16 metres) intersected 2.55 gpt Au over 7.5 metres in DL-09-042. All holes were drilled at -55 suggesting the widths reported are approximately 70% to 75% of true width. The grades intercepted are comparable to grades at producing gold mines in Birimian rocks of Western Africa.

03-June-2009_NR

 

Southern Segment Drilling

Dialafara Drill Highlights - Southern Segment

DH Sample From (m) To (m) Length (m) Au (gpt)
DL-09-053 RC 43.0 53.0 10.0 1.58
DL-09-054 RC 36.0 54.0 18.0 3.32
Including 36.0 46.0 10.0 5.03
Including 36.0 39.0 3.0 10.37
DL-09-055 RC 13.0 14.0 1.0 1.18
RC 18.0 19.0 1.0 1.40

Three reverse circulation holes were completed in the southern segment of Dialafara Anomaly with highlights shown above. Preliminary mapping has shown that the Dialafara South Area exhibits two dominant trends: the dominant NNW trend and a secondary NE trend. Previous drilling concentrated on the secondary structural trend. Holes DL-09-053 and DL-09-054 were drilled to the south and DL-09-055 was drilled to the north to intersect both the NNW and NE structures. All three holes intersected abundant quartz throughout their length. DL-09-053 intersected 1.58 gpt Au over 10 metres and DL-09-054 intersected 5.03 gpt Au over 10 metres. Further drilling will be required before estimates of true thickness can be made.

Drilling in the Dialafara southern segment is still in progress. Five transects of angled reverse circulation drilling  will be completed across the full width of the 1700 metre long by 400 to 600 metre wide gold-in-soil anomaly to prospect for additional quartz-gold bearing structures and assist in correlating mineralized intercepts in this wide gold soil anomaly.

Reconnaissance RC Drilling

The reconnaissance RC program consisted of a number of lines or fences consisting of a continuous series of angle holes across the width of the gold-in-soil anomaly. The objective of the program is to prospect for gold bearing quartz structures that may be the source of the gold anomaly. Results have been received for three lines.

Drill Transect Line NW 1 consisted of 11 angled holes totaling 582 metres located 800 metres north of the Dialafara Zone where soil values reach  +1 gpt Au. Holes AC-09-01 through AC-09-06 intersected gold with hole AC-09-01 encountering a 29.0 m zone of mineralization with values to 0.82 gpt Au over individual 1 metre samples. Hole AC-09-03 intersected 1.25 gpt Au and 1.23 gpt Au each over 1m. Further drilling is required to follow up on these excellent results.

Drill Transect Lines NE 1 and NE 2 tested the Dialafara East Anomaly, a 1.0km long gold soil sub-parallel anomaly located 2.2km northeast of the Dialafara Zone. Two lines, spaced 450 metres apart were completed; Line NE 1 - 16 holes, 4 28 metres and Line NE 2 - 14 holes, 374 metres. The last two holes on Line NE 2 intersected gold mineralization of 3.04 gpt Au across 2.0 m and 0.25 gpt across 7.0m.

The drilling program is being conducted under the supervision of Mr. Chris Wilde, P. Eng., a Qualified Person as defined in National Instrument 43-101.  QA/QC protocols of standards, duplicates and blanks are being incorporated in the sampling program. Assaying is being completed by ALS Chemex in Bamako, Mali.

The assay results from the northern and southern segments of the Dialafara Anomaly are very encouraging and demonstrate multiple gold bearing quartz structures that have gold grades similar to those from producing Western African Birimian gold mines. Additional drilling will be required to establish zone correlation and grade continuity.

Appleton is earning a 100% interest in the Manalo Gold Project, subject to a 2% Net Smelter Return (NSR) Royalty, from Delta Exploration Inc. ("Delta") a wholly-owned subsidiary of Rockgate Capital Corp. (RGT - TSX.V).

About Mali

Mali is the fastest growing gold producing country in Africa. Production in 2007 amounted to 2 million ounces of gold making Mali Africa's third-largest gold producer after South Africa and Ghana. AngloGold Ashanti Limited, one of the largest gold mining companies in the world, has interests in three operating mines in Mali: Sadiola, Yatela and Morila.

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

R. Tim Henneberry, P.Geo., President and Director of Appleton Exploration Inc., 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.


April 3, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX – TSX.V) reports that Karl Kottmeier has been appointed to the Board of Directors of the Company effective immediately. Mr. Kottmeier has over 15 years of experience in the junior equities markets in both Corporate Finance and Investment Advisor roles with McDermid St. Lawrence/Raymond James and Leede Financial Markets, directly participating in raising over $100 million in equity capital for public companies. He is currently President and director of Rockgate Capital Corp., Northrock Resources Inc., Falkirk Resources Inc., Durango Capital Corp., and Rockridge
Capital Corp.

The Company also reports that it has granted 1,125,000 stock options to directors, officers, and consultants of the Company, at an exercise price of $0.14 per share, expiring on April 3, 2014, subject to the terms and conditions of the Company’s stock option plan.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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

April 2, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX – TSX.V) reports that pursuant to an agreement whereby the Company may acquire up to a 100% interest in the Manalo Gold Project in Mali (news release dated February 20, 2009), the Company has paid the initial cash payment of US$25,000 and has issued 500,000 units to Delta Exploration Inc. Each unit is comprised of one common share and one share purchase warrant entitling the holder to acquire one additional common share of Appleton at an exercise price of $0.27 per share, prior to April 1, 2011. The securities are subject to a four month hold until August 2, 2009.

The Company also reports that it has closed a non-brokered private placement of 10,010,654 units, priced at $0.07 per unit for gross proceeds of $700,746. Each unit is comprised of one common share and one share purchase warrant entitling the holder to acquire one additional common share of Appleton, at an exercise price of $0.10 per share, prior to April 1, 2010. Securities issued pursuant to the private placement are subject to a four month hold until August 2, 2009. Finders’ fees totalling $65,575 have been paid in conjunction with the private placement. Proceeds of the private placement will be used for general working capital and for acquisition and exploration expenditures on the Manalo Gold Project.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

March 24, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX – TSX.V) reports that the Company has amended the non-brokered private placement offering previously announced on February 20, 2009, to increase the number of units offered from 10,000,000 units to 10,010,655 units, priced at $0.07 per unit, for gross proceeds of $700,746, subject to acceptance for filing by the TSX Venture Exchange.

All other terms and conditions of the offering remain the same, with each unit being comprised of one common share and one warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of $0.10 per share for 12 months. Finders’ fees and/or commissions may be paid in accordance with TSX Venture Exchange policies.

Securities issued pursuant to the private placement are subject to a four month hold period.

Proceeds of the private placement will be used for general working capital, acquisition and exploration expenditures on the Manalo gold project.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

February 20, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX – TSX.V) has signed a Letter of Intent to earn a 100% interest, subject to a 2% Net Smelter Return (NSR) Royalty, from Delta Exploration Inc. (“Delta”) a wholly-owned subsidiary of Rockgate Capital Corp. (RGT – TSX.V) in the Manalo Gold Project in the Republic of Mali, Africa. The agreement is subject to TSX Venture Exchange approval.

Appleton may earn an initial 65% interest by making cash payments of US$50,000 over the next six months, issuing 1.5 million units over the next two years and completing US$2,500,000 in exploration over the next three years. The units are to be issued in three equal tranches and will consist of one common share of Appleton and one 24 month warrant, with each warrant being exercisable at 200% of the 10-day average closing price of the shares ending on the trading day preceding the date of issuance of the units, subject to any minimum price requirements of the TSX Venture Exchange. The first year exploration commitment is US$500,000.

Appleton may earn the remaining 35% interest by making a one time cash payment of CDN$1,500,000 to Delta. At Delta’s sole discretion, Delta may elect to receive the payment in the equivalent value of Appleton units. Appleton must also deliver an independent feasibility study or arrange for production financing prior to the 8th anniversary of TSX Venture Exchange acceptance.

Appleton also has the option to purchase one half of the NSR (1%) for CDN $1,000,000 within the first 12 months of production.

The road accessible Manalo project lies within the Archean Birimain Greenstone Belt of western Africa and consists of three exploration permits totalling 150 square kilometres. The main Manalo permit totalling 75 square kilometres has just been renewed and the other two permits Block 1 and Block 2 are awaiting confirmation of renewal by the government of Mali. The project lies 100 kilometres southwest of Bamako, the capitol, in southwestern Mali.

Delta Exploration Inc. has been exploring the Manalo project since 2004. Property wide airborne geophysics, property wide soil geochemistry and follow up ground geophysics has been conducted, which resulted in the discovery of six gold mineralized areas: Dialafara, Dialafara Nord, Manalo Nord E, Manalo Sud E, Mansaya and Siribada. A total of 15,115 metres of aircore and reverse circulation drilling (156 holes) and 363 metres of diamond drilling (3 holes) has been completed on the property to date.

The following exploration results have been reported by Delta Exploration Inc. in news releases dated January 15, 2008, April 17, 2008, and July 9, 2008.

Dialafara is a 3 kilometre, northwest trending zone consisting of two, steeply dipping quartz vein zones based on 40 drill holes totalling 4,469 metres. The southernmost section has been drill tested along a length of 1,300 metres and to depth of approximately 85 metres. The northernmost zone is offset approximately 500 metres to the east and has been drill tested along a length of 520 metres to depth of 110 metres. Drill intersections to 29.1 gpt Au over 6 metres have been recorded from the vein zones.

Of particular interest is MDL-08-036 which intersected 15.64 gpt Au over the bottom 16 metres in a silicified meta-psammite, mineralized with 2-3% fine grained pyrite.

A strong and persistent, northwesterly striking quartz vein system has been traced by quartz vein rubble crop for approximately 2 kilometres at Dialafara Nord. A total of 974.3 metres were drilled in a series of 8 holes. Drill intersections to 18.65 gpt Au over 1 metre have been recorded from this zone.

Manalo Nord Est consists of a northwesterly striking steep westerly dipping quartz vein zone that has been traced for a length of 500 metres before it trends off the Manalo property to the north. A total of 4,614 metres in 57 holes have tested the zone. Drill intersection highlights include: 18.48 gpt Au over 11 metres in MMN-06-029 and 12.06 gpt Au over 6 metres in MMN-07-012.

The northwesterly striking Manalo Sud Est quartz vein system has been traced 600 metres. Eleven holes totaling 1,057 metres were completed. The best intersection was 0.73 gpt Au over 5 metres from MSE-08-005.

The Mansaya area consists of two gold-in-soil anomalous areas. A total of 905 metres in 9 holes were completed in the north zone. A meta-psammite horizon shows consistent quartz sericite alteration and 1-2% pyrite. Holes MMS-08-007 through MMS-08-012 intersected this horizon with the best intersection of 0.80 gpt Au over 20 metres in MMS-08-008, suggesting a possible bulk tonnage target. Eight holes totaling 774 metres were completed in the southern area, which is more a vein zone. MMS-08-018 returned 10.71 gpt Au over 3 metres, the best value from the 8 holes.

The Sirabada zone consists of an area of extensive artisanal mine workings associated with intense clay alteration. Quartz veins and a pervasively seriticitized psammitic unit were intersected. A total of 2,335 metres were drilled in 21 holes to test gold-in-soil and chargeability anomalies. The results to date indicate gold is erratically distributed throughout the Sirabada zone. The best intersection was 2.61 gpt Au over 2 metres in MSB-08-013.

Appleton also announces that it has arranged a non-brokered private placement of up to 10,000,000 units, priced at $0.07 per unit, for gross proceeds of up to $700,000, subject to acceptance for filing by the TSX Venture Exchange. Each unit is comprised of one common share and one warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of $0.10 per share for 12 months.

Finders fees and/or commissions may be paid in accordance with TSX Venture Exchange policies.

Securities issued pursuant to the private placement may be subject to a four month hold period. Proceeds of the private placement will be used for acquisition and exploration expenditures on the Manalo project.

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

December 22, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V : AEX) has completed the Phase I explor ation program of mapping, sampling and trenching at the Julia copper manto project northeast of Copiapo, Chile. Appleton had entered into an option agreement to earn a 100% interest in the property, subject to a 2% net smelter return royalty. The agreement has been terminated.

The Julia property was being explored for copper mantos hosted within a 10 kilometre long agglomerate – lapilli tuff unit. Mineralization consists primarily of the copper oxide mineral chyrsocolla locally accompanied by chalcocite. The mapping and sampling has identified three areas of bedrock copper mineralization on the Julia property: the Mariel area, the Central area
and the South area. The Phase I mapping and sampling program covered 7 kilometers of the 10 kilometre trend.

In the Mariel area, a single manto has been traced almost continuously for a strike length of 1300 metres. The north end appears to end in very weakly disseminated copper mineralization while the southern end is open to the south. The manto width varies from less than 1 metre to approximately 3.0 metres but averages about 1.5 metres. Mineralized contacts are sharp. Locally, structures (faults or shears) are present that may have had some control on the localization of mineralization. Thirteen hand trenches spaced roughly 60 to 200 metres apart were established across the manto in the Mariel area. Results are presented in the table below. All samples reported in the table are composited bedrock chip samples. Individual chip samples reached a high of 4.171% Cu over 0.50 metres.

 

Mariel Trenching Results
Trench
% Cu
Width ( m )
CH 08-01
0.298
4.0
CH 08-04
0.618
3.4
TR 08-01
0.006
5.0
TR 08-02
0.640
4.0
TR 08-03
0.022
8.0
TR EB-01
1.071
2.0
TR EB-02
0.872
5.1
TR EB-03
0.415
2.6
TR EB-04
0.401
2.5
TR EB-05
0.345
5.8
TR EB-06
0.371
3.0
TR EB-07
0.781
3.2
TR EB-08
1.196
3.4


In the Central area, two sub-parallel mantos, have been traced semi-continuously for at least 900 metres. The mantos appear to lie at the top of agglomerate – lapilli tuff unit. The manto widths vary from less than 1 metre to 3 metres. Four hand trenches roughly 400 metres apart crossed the west (Central W) and east (Central E) mantos in the Central area. Results are reported in the table below. All samples reported in the table are composited bedrock chip samples. Individual chip samples reached as high as 1.395% Cu across 1 metre.

Central Area Trenching Results
Trench
Zone
% Cu
Width (m)
TR 08-04
Central W
0.589
4.0
CH 08-06
Central W
1.107
2.0
TR 08-04b
Central E
0.866
2.0
CH 08-05
Central E
0.035
3.0

 

The mapping and sampling program was implemented and supervised by Steve Butrenchuk, P. Geol. with the assistance of Ed Balon, P.Geo. Both Mr. Butrenchuk and Mr. Balon are Qualified Persons as defined in National Instrument 43-101. QA/QC protocols of standards and blanks were incorporated in the sampling program. Assaying was completed by Acme Analytical Laboratories S.A. in Santiago, Chile.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

November 20, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) reports that Terry Kirby has stepped down as a director of the Company. The Board of Direc tors would like to thank him for his services to the Company.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

November 14, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V : AEX) reports that it has granted 620,000 stock options to directors, officers, and consultants of the Company, at an exercise price of $0.20 per share, expiring on November 14, 2013, subject to the terms and conditions of the Company’s stock option plan.

Further to the Company’s news release dated September 26, 2008 announcing the closing of the sale of 5,025,000 units of the Company, which comprised the first tranche of a brokered private placement with Canaccord Capital Corpo ration of up to 10,000,000 units at $0.20 per unit, the Company reports that there will be no additional closings.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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 f or the adequacy or accuracy of this release.

Vancouver, BC – September 26, 2008 – Appleton Exploration Inc. (AEX-TSX:V) (the "Company") is pleased to announce that it has closed the first tranche of a brokered private placement announced on July 14, 2008 with Canaccord Capital Corporation ("Canaccord" or the “Agent”) consisting of 5,025,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of $1,005,000 (the “Offering”). Each Unit consists of one common share and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to subscribe for one additional common share at a price of $0.30 for a period of 12 months from the date of closing. Subject to certain conditions, the Company is entitled to provide 30 day notice of an accelerated expiry date for the Warrants, should the 20 day weighted average trading price of the Company’s shares during the term of the Warrant exceed $0.60 per share.

As consideration to the Agent, the Company has paid a commission of 8% of the total proceeds raised and issued Agent's warrants ("Agent's Warrants") equal to 10.0% of the Units issued pursuant to this Offering. Each Agent's Warrant will be exercisable to acquire one common share at a price of $0.25 for a period of 24 months from the date of closing. In addition, C anaccord has been paid a corporate finance fee.

The securities are subject to a four month hold period from the date of closing.

The net proceeds raised from the Units will be used to fund exploration of its mineral properties in Chile.

For further information, please contact:
On Behalf of the Board of Directors,
R.Tim Henneberry, P.Geo.
President and CEO

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


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

August 21, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V : AEX) has uncovered three additional high priority low sulphidation epithermal precious metal targets from its 2008 excavator trenching program on its Dora epithermal gold property, part of its Spences Bridge Gold Project, south of Merritt, B.C. Bedrock chip sampling from the June 2008 trenching program has returned values of 2.54 grams per tonne (gpt) Au over two metres in the F1 Zone, 2.74 gpt Au over four metres in the F2 Zone and 0.622 gpt Au over three metres in the EB Zone, to compliment the previously reported 0.919 gpt Au over six metres in the G1 Zone from the 2007 program.

The Phase I 2008 exploration program concentrated on five areas, following up on gold-in-soil anomalies described in news release 08-04 dated February 28, 2008. The program consisted of detailed prospecting of the soil grid, continuous soil channel sampling and bedrock excavator trenching.

The F1 Zone was discovered by following up the grid soil geochemistry. Three excavator trenches and 5 bedrock chip lines were completed over an area of 180 metres by 25 metres. The sampling concentrated on a brecciated and intensely silicified rhyolite dome ranging from 1 to 25 metres in width. Sulphide content ranges from trace to 3%, predominantly pyrite. The centre part of the F1 Zone yielded bedrock gold values in excess of 1 gpt from three east-west sample lines 10 and 20 metres apart. Chip sampling returned 1.23 gpt over one metre, 2.54 gpt over two metres and 1.20 gpt over one metre.

Excavator trenching in the F2 Zone followed up on earlier continuous soil channel sampling that included 19 metres at 2993 ppb Au. Three trenches totalling 92 lineal metres were opened in 2008. Again, silicified and brecciated rhyolite and andesite bedrock was encountered. One trench identified a four metre section with individual one metre samples ranging from 243 ppb Au to 7.86 gpt Au, averaging 2.74 gpt Au, verifying the earlier continuous soil channel trenching results.

Prospecting of mid-level anomalous gold-in-soil values lead to the discovery of the EB Zone at the northern end of anomaly G by following up chalcedonic quartz float. Excavator trenching located a series of epithermal chalcedonic quartz veins, originally described in news release 08- 08 dated June 13, 2008. Twenty-one of the seventy-two continuous one metre bedrock chip samples returned values in excess of 100 ppb Au. One 3-metre interval averaged 0.622 gpt Au.

Two excavator trenches tested the A2 zone, an area of altered andesite. Continuous one metre bedrock chip sampling highlighted a six metre section averaging 0.329 gpt Au, including 0.708 gpt over 1.5 metres. This higher grade section contained thin quartz stringers.

The F1 Zone is roughly 400 metres north of the F2 Zone along linear soil anomaly F. The EB Zone is about 800 metres north of the G1 Zone along linear soil anomaly G. Linear soil anomalies F and G are sub-parallel and lie approximately 600 metres apart.

The success of the 2008 Phase I excavator trenching program in the F1, F2 and EB zones, combined with the earlier success of the 2007 Phase II excavator program in the G1 zone (see news release 08-02 dated January 15, 2008) has generated several high priority low sulphidation epithermal gold targets on the Dora Property. The Company plans to drill test the best zones
later in the fall.

The 2008 Spences Bridge Gold Belt project program was conducted by Steve Butrenchuk, P.Geol., under the supervision of R. Tim Henneberry, P.Geo. Mr. Butrenchuk and Mr. Henneberry are both Qualified Persons as defined in National Instrument 43-101. All assaying was conducted by Eco Tech Laboratories Ltd. in Kamloops, British Columbia. QA/QC protocols, including duplicates and standards, were employed.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

July 31, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSXV:AEX) reports the Company has closed the final tranche of a non-brokered private placement offering of 1,500,000 units, priced at $0.20 per unit, for gross proceeds of up to $300,000, previously announced on July 14, 2008. At the closing of the final tranche, the Company issued 150,000 units for proceeds of $30,000. Each unit is comprised of one common share and one warrant, with each whole warrant entitling the holder to acquire one additional common share at an exercise price of $0.30 per share, prior to July 30, 2009. If at any time during the period of the warrant the 20 day weighted average of the market price of the shares exceeds $0.60 per share, the Company may request the exercise of the warrants.

Securities issued pursuant to the final tranche of the private placement are subject to a four month hold period until December 1, 2008.

Proceeds of the private placement financing will be used for exploration expenditures on the Company’s British Columbia projects and for general working capital.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

July 25, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSXV:AEX) reports the Company has closed the first tranche of a non-brokered private placement offering of 1,500,000 units, priced at $0.20 per unit, for gross proceeds of up to $300,000, previously announced on July 14, 2008. In the first closing the Company has completed the issuance of 1,350,000 units for gross proceeds of $270,000. Each unit is comprised of one common share and one warrant, with each whole warrant entitling the holder to acquire one additional common share at an exercise price of $0.30 per share, prior to July 24, 2009. If at any time during the period of the warrant the 20 day weighted average of the market price of the shares exceeds $0.60 per share, the Company may request the exercise of the warrants.

Securities issued pursuant to the private placement are subject to a four month hold period until November 25, 2008.

Proceeds of the private placement financing will be used for exploration expenditures on the Company’s British Columbia projects and for general working capital.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

July 14, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSXV:AEX) reports the Company has amended the non-brokered private placement offering previously announced on July 2, 2008, to decrease the number of units offered from 5,000,000 units to 1,500,000 units, priced at $0.20 per unit, for gross proceeds of up to $300,000, subject to acceptance for filing by the TSX Venture Exchange. Each unit is comprised of one common share and one warrant, with each whole warrant entitling the holder to acquire one additional common share at an exercise price of $0.30 per share, for a period of one year from the date of closing. If at any time during the period of the warrant the 20 day weighted average of the market price of the shares exceeds $0.60 per share, the Company may request the exercise of the warrants.

Securities issued pursuant to the private placement are subject to a four month hold period.

Proceeds of the private placement financing will be used for exploration expenditures on the Company’s British Columbia projects and for general working capital.

In an unrelated matter, Terry Kirby has been appointed to the Board of Directors effective immediately. Mr. Kirby brings public company experience to the Board, having previously served as an officer and/or director of several mineral exploration companies with properties in British Columbia and Mexico. A Vancouver-based businessman, Mr. Kirby has also served as an executive officer of industrial service sector companies.

 

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:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

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.

Vancouver, BC – July 14, 2008 – Appleton Exploration Inc. (AEX:TSXV) (the “Company”) is pleased to announce that it has negotiated a private placement with Canaccord Capital Corporation (the “Agent”) of 10,000,000 units (the “Units”) at a price of $0.20 per Unit (the “Offering”). A Unit will consist of one common share and one common share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder to subscribe for one additional common share at a price of $0.30 for a period of 12 months from the date of closing. If at any time during the period of the warrant the 20 day weighted average of the market price of the shares exceeds $0.60 per share, the Company may request the exercise of the warrants.

As consideration to the Agent, the Company will pay a commission of 8.0% of the total proceeds raised upon closing and will issue Agent's warrants ("Agent's Warrants") equal to 10.0% of the Units issued pursuant to this Offering. Each Agent's Warrant will be exercisable to acquire one common share at a price of $0.25 for a period of 24 months from the date of closing. In addition, Canaccord will receive a corporate finance fee. Finders’ fees may be paid in accordance with TSX Venture Exchange policy.

The net proceeds raised from the Units will be used to fund exploration of its mineral properties in Chile and for general working capital. Completion of the placement is subject to the approval of the TSX Venture Exchange. Securities issued pursuant to the private placement are subject to a four month hold period.

 

For further information, please contact:
On Behalf of the Board of Directors,
R.Tim Henneberry, P.Geo.
President and CEO

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

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

 

July 2, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSXV:AEX) has arranged a non-brokered private placement offering of up to 5,000,000 units priced at $0.20 per unit, for gross proceeds of up to $1,000,000, subject to acceptance for filing by the TSX Venture Exchange. Each unit is comprised of one common share and one warrant, with each warrant entitling the holder to acquire one additional common share at an exercise price of $0.30 per share, for one year. If at any time during the period of the warrant the 20 day moving average of the market price of the shares exceeds $0.45 per share, the Company may request the exercise of the warrants.

Finder fees and/or commissions may be paid in accordance with TSX Venture Exchange policies.

Securities issued pursuant to the private placement are subject to a four month hold period.

Proceeds of the private placement financing will be used for exploration expenditures on the Company’s British Columbian and Chilean projects and for general working capital.

 

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:
Contact Financial Corp.
604.689.7422  |   Toll Free 1.877.689.7411

 

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.

June 30, 2008 - Vancouver, British Columbia. Further to its news release of March 4, 2008, whereby Appleton Exploration Inc. (TSX-V: AEX) announced that it had entered into a letter of intent for the purpose of acquiring the Chilean subsidiary of ProElement Resources Corp. (“ProElement”), Appleton has now entered into an assignment agreement (the “Agreement”) on the Julia and Perth/Caliza properties in Region III of Chile, terminating the original agreement dated March 4, 2008.

Under the terms of the Agreement, Appleton will earn a 100% interest, subject to 2% Net Smelter Return (NSR) royalties in the properties by making cash payments directly to the Chilean vendors of the respective properties totaling US$2,059,000 and by issuing 2,000,000 common shares to ProElement over two years under the following schedule, subject to TSX Venture Exchange approval:


Cash Payments:

  • $100,000 payable on or before the date of signing of this agreement;
  • $509,000 on or before the first anniversary of the Effective Date; and
  • $1,450,000 on or before the second anniversary of the Effective Date.


Share Payments:

  • 1,000,000 common shares of Appleton issuable on or before the date that is the later of 5 business days from the Effective Date or the date of TSX Venture Exchange Approval;
  • 500,000 additional common shares of Appleton issuable on or before the first anniversary of the Effective Date; and
  • 500,000 additional common shares of Appleton issuable on or before the second anniversary of the Effective Date.



The cash payments are directly tied to the various underlying property agreements negotiated by ProElement with the Chilean Vendors. Should any of the properties be dropped, the cash payments will be adjusted accordingly.

Two of the three parcels comprising the Julia property are subject to 2% NSR royalties. Appleton can purchase these royalties in their entirety for an aggregate consideration of $4 million at any time within the next 72 to 84 months from the date of the option agreement. The third Julia parcel has no NSR associated with it. The two Perth/Caliza parcels are subject to 2% NSR royalties. Appleton can purchase the entire royalty of one parcel for $100,000 at any time within the next 36 months. The NSR royalty on the sec ond parcel has no buyout provision.

The Agreement is subject to a title opinion in a form acceptable to Appleton confirming that ProElement has good and marketable title to the Properties.

Technical due diligence on the properties has been carried out under the direction and supervision of Steve Butrenchuk, P.Geol., an independent Qualified Person as defined in National Instrument 43-101. The due diligence program consisted of preliminary mapping and verification sampling. QA/QC protocols of standards and blanks were incorporated in the sampling program. Assaying was completed by Acme Analytical Laboratories S.A. in Santiago, Chile.

The Julia property hosts agglomerate-hosted copper mantos. Artisanal workings 4.5 kilometres apart are located on copper mantos within an 8 kilometre long continuous, agglomerate – lapilli tuff unit.

Enami (the exploration arm of Chile’s national copper company) examined the property in 1970, completing geological mapping and drainage and contour soil sampling. This soil sampling shows elevated copper values down slope of the agglomerate – lapilli tuff along the entire 8 kilometre length of the unit tested by Enami. This program also showed elevated copper soil values associated with additional agglomerate – lapilli tuff units higher in the volcanic sequence.

Historical chip and grab sampling returned values ranging from 1.37% to 5.19% total copper. Appleton verification rock chip and rock grab sampling of the mantos returned values ranging from 0.79% to 4.47% copper, with 21 of the 26 samples returning values in excess of 1% copper. Sampling concentrated on a 1 kilometre long manto near the northern end of the agglomerate –lapilli tuff and a 1.8 kilometre long manto in the central part of the property. Further exploration may show these two mantos are in fact one continuous manto.

The Perth/Caliza property hosts iron oxide copper-gold (IOCG) vein swarms within a metamorphic terrain proximal to a granite batholith. Artisanal workings are found throughout the area. Historic grab rock sampling returned values ranging from 0.01 to 10.7 grams per ton gold and 0.02% to 1.7% copper. Appleton verification rock chip and rock grab sampling returned values ranging from 0.04 gpt to 13.8 gpt gold and 86 ppm to 10,000 ppm copper (0.009% to 1%). One sample returned a value of 57.4 gpt gold. Fourteen of the 83 samples taken returned values greater than 10,000 ppm copper (> 1% Cu). Copper assays for these fourteen samples are pending. Cobalt values ranged from 20 to 2000 ppm.

 

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:
Contact Financial Corp.
604.689.7422 Toll Free 1.877.689.7411

 

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.

June 13, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V : AEX) has discovered epithermal quartz veining in its on-going excavator trenching program on its Dora epithermal gold property, as part of its Spences Bridge Gold Project, south of Merritt, B.C. Trench DO-08-12 at anomaly G1 north, unearthed a series of five parallel chalcedonic quartz veins across a width of 18 metres. The individual veins range in width from 0.5 to 2.1 metres. Two of the five veins display weak banding, a common characteristic of epithermal veins. Continuous rock chip sampling is in progress. Excavator trenching in anomaly G1 north
continues.

A total of 11 excavator trenches have been completed to date: two in anomaly G1 north, three in anomaly F1, three in anomaly F2, one in anomaly F3 and two in anomaly A2. These anomalies have been described in news release 08-04 dated February 28, 2008. Geological mapping and continuous rock chip sampling of the individual excavator trenches continues. Samples from a number of these trenches are now at the lab with assay results pending.

The trenching is expected to be completed by the end of June. It is anticipated that high priority targets generated in 2007 as well as those generated from this 2008 trenching program will be drill tested in the fall.

The 2008 Spences Bridge Gold Belt project is being conducted by Steve Butrenchuk, P.Geol., under the supervision of R. Tim Henneberry, P.Geo. Mr. Butrenchuk and Mr. Henneberry are both Qualified Persons as defined in National Instrument 43-101. All assaying will be conducted by Eco Tech Laboratories Ltd. in Kamloops, British Columbia. QA/QC protocols, including duplicates and standards, will be employed.

Expenditures for the Company’s Spences Bridge Gold Belt project continue to be partially funded through a private placement by the MineralFields Group, a Toronto-based fund. Information about the MineralFields Group is available at www.mineralfields.com.

In an unrelated matter, Rolland Menard has resigned as a director of the Company. Mr. Menard was one of the initial co-founders of Appleton and will remain as an Advisor to the Company.

 

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:
Contact Financial Corp.
604.689.7422 |  Toll Free 1.877.689.7411

 

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.

June 5, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V : AEX) ha s retained Contact Financial Corp. to provide investor relations services to the Company, effective June 1, 2008, subject to TSX Venture Exchange approval. Contact will be paid $8,000 per month for an initial term of six months, renewable month to month after the initial term, and will also be granted 200,000 incentive stock options at an exercise price of 30 cents per share. The options are valid for five years and will vest quarterly over a period of 12 months, pursuant to Appleton’s stock option plan.

Contact Financial is a Vancouver-based investor relations firm that enhances communication between clients and their existing shareholders, and also introduces potential new shareholders, both retail and professional.

Appleton has recently terminated its investor relations contract with Marketsmart Communications Inc.

Appleton Exploration Inc. is a Vancouver based mineral exploration company currently exploring the Dora and Stobart / Fame epithermal gold properties in the Spences Bridge Gold Belt of southern British Columbia. Further information on these projects can be found on the Company website: www.appletonexploration.com.

 

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.

March 4, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. has signed a Letter of Intent to acquire the Chilean subsidiary of ProElement Resources Corp. which contains three precious metal or base metal properties in Region III of Chile, located near the city of Copiapo.

Julia

Julia is a conglomerate hosted copper manto. The conglomerate has been traced for a distance of at least 6 kilometres and ranges from 1 metre to over 30 metres in width. Limited grab rock sampling conducted for ProElement returned values ranging from
1.37% to 5.19% total copper. The soluble or oxide portion of the copper ranged from 1.14% to 4.26% copper. Analyses for gold and silver were not included in the data provided.

Garin
Garin is a bulk tonnage silver- copper + lead +zinc stockwork and vein property. The property lies in the Garin Silver District, host to several old producers. Grab rock sampling conducted for ProElement returned values ranging from 1 to 1385 grams per tonne silver, 0.01% - 5.71% copper, 0.01% - 4.31% lead and 0.01% - 4.37% zinc.

Perth Caliza
Perth Caliza is an iron oxide copper-gold property. The property consists of intense vein swarms associated with a metamorphic terrain proximal to a granite batholith. This area also hosts a number of old workings. Grab rock sampling conducted for ProElement returned values ranging from 0.01 to 10.7 grams per ton gold and 0.02% to 1.7% copper.

The rock sampling undertaken and reported on the three projects was not completed by a Qualified Person as defined in NI 43-101, nor has the data been verified and should not be relied upon. Appleton’s in house and independent Qualified Persons will be travelling to Chile to commence the property due diligence review on March 6th. This review will include verification of the sampling completed for ProElement.

Under the terms of the agreement, Appleton will issue 3,000,000 common shares in the capital of the Company, at a deemed price of $0.15 per share, to ProElement for a 100% undivided interest in ProElement’s Chilean subsidiary company, which holds the exploration concessions and exploitation concessions comprising the three properties.

The agreement is subject to:

  1. A title opinion confirming ProElement ownership of the concessions;
  2. A successful conclusion to a 60 day due diligence review of the titles and property by Appleton and corporate review by ProElement;
  3. Completion of a minimum $500,000 financing by Appleton; and
  4. Approval and acceptance by the TSX Venture Exchange

 

 

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.

February 28, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. has now received all of its 2007 assay results from its Spences Bridge Gold Belt Project. The Company is reporting the Dora property soil channel trenching results, the Stobart property soil grid results and the Fame excavator trenching results. The Company is exploring the various properties of its Spences Bridge Gold Belt Project for low sulphidation epithermal gold.

Dora

Based on the earlier success of its hand soil channel trenching program on the gold-in-soil Anomaly G (see news release dated September 24, 2007), the Company employed the same technique on gold-in-soil anomalies D, E and F. Soil trenches through the “B” horizon were sampled in 1 metre continuous intervals. The purpose of the soil trenching was to optimize positioning and orientation of subsequent bedrock excavator trenching over strong gold-in-soil anomalies.

The late fall 2007 soil trenching outlined strong gold values on Anomalies E and F. Anomaly E was explored by placing two sets of 2 crossing soil trenches 70 metres apart centred on the anomaly. Trench 07-E-01A returned a 13 metre interval averaging 393 ppb Au. Trench 07-E-1B returned an 8 metre interval averaging 159 ppb Au and a second 6 metre interval averaging 310 ppb Au. Trench 07-E-02A returned a 14 metre interval averaging 1014 ppb Au and included a 4 metre section averaging 3110 ppb Au. Trench 07-E-02B returned a 14 metre interval averaging 714 ppb Au. The results have been interpreted to represent a north trending gold-bearing structure that is at least 10 metres wide and 70 metres long where elevated gold-in-soil average 666 ppb Au.

Two trenches cross each other and are centred over Anomaly F. Trench 07-F-2A returned a 19 metre interval averaging 2993 ppb Au and included a 6 metre interval averaging 7356 ppb Au. Trench 07-F-2B returned an 18 metre interval averaging 905 ppb Au and a second 17 metre interval averaging 633 ppb Au. These results have been interpreted to represent another north trending gold-bearing structure that is at least 11 metre wide and 25 metre long with elevated gold-in-soil averaging 1976 ppb Au.

Collectively, this new data supports 3 strong north trending parallel anomalies, which will be followed up by trenching and drilling this year.

Stobart

Appleton was successful in finding two sub-parallel epithermal quartz veins on its Stobart property as reported in a news release dated January 7, 2008. A 2.0 kilometre by 1.7 kilometre soil grid, established over the Hamm vein area successfully identified four parallel northeast trending gold-in-soil anomalies, A through D, one of which appears to be the Rob vein. These anomalies range in length from 300 metres to 1100 metres, with three of them lying in a 600 metre by 800 metre area in the northwest corner of the grid.

Fame
The Fame property was originally explored in the late 1980’s, with four showings located along the + 2 kilometre Kelsch Lineament: Twilight, Discovery, Double D and Kelsch. Along with bleaching and silicification, drusy quartz veins and veinlets exhibiting typical epithermal textures were noted at these showings. Appleton bedrock chip sampling from 2006 and early 2007 returned values from 35 ppb to 160 ppb Au on the Double D zone and 845 ppb Au and 1650 ppb Au from the Kelsch zone.

The Company completed a small soil survey and eight excavator trenches, concentrating on the Kelsch and Double D zones. None of the three trenches in the Kelsch zone reached bedrock. Bedrock exposure ranged from 45% to 86% in the 5 Double D zone trenches. Bedrock consisted of weakly to strongly bleached, oxidized and silicified volcaniclastics. Local quartz pods and veinlets were encountered. All samples consist of 1 metre continuous bedrock chips. Values ranged from 15 to 810 ppb Au. A continuous 4 metre interval averaged 400 ppb Au in one trench. A continuous 5 metre interval averaged 460 ppb Au in another trench. The results suggest the presence of epithermal gold mineralization in the Double D zone. Further work is required to zero in on zones of stronger mineralization within the zone.

Appleton has 100% ownership of the Dora and Stobart properties, subject to a 1.5% NSR royalty. Appleton is earning an undivided 100% interest, subject to a 2.5% NSR, in the Fame 1-3 claims.

The 2007 Spences Bridge Gold Belt project was directed by Steve Butrenchuk, P.Geol., under the supervision of R. Tim Henneberry, P.Geo. Mr. Butrenchuk and Mr. Henneberry are both Qualified Persons as defined in National Instrument 43-101. All assaying was conducted by Eco Tech Laboratories Ltd. in Kamloops, British Columbia. QA/QC protocols including duplicates and standards were employed by Appleton.

Expenditures for the Company’s Spences Bridge Gold Belt project were partially funded through a private placement by the MineralFields Group, a Toronto-based fund. Information about the MineralFields Group is available at www.mineralfields.com.

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.

February 7, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has entered into a business and financial advisory services agreement with Forest Hill Partners Ltd., of the Fraser Valley, British Columbia, subject to acceptance for filing by the TSX Venture Exchange. Pursuant to the terms of the agreement, Forest Hill will act as a nonexclusive business and financial advisor to the Company for an initial three month period, renewable for further two month terms, at a fee for services of $2,500 per month. The agreement may be terminated by either party upon 30 days written notice.

Forest Hill Partners, Ltd. is an employee-owned investment and merchant banking firm based in the Fraser Valley. Specializing in providing growth finance to growth companies, Forest Hill is experienced in corporate finance, shareholder and management buyouts, mergers and acquisitions, recapitalizations, divestitures and other special situations.

Forest Hill will advise and assist Appleton in locating one or more brokers to provide market support; advise and assist in the procurement of an investor relations firm to work with the Company; advise and assist as required in the arrangement of financings;
provide the Company with strategic advice with respect to marketing of any transactions to investors; and assist with the drafting of documentation including press releases as required.

Appleton will pay Forest Hill a success fee equal to five percent of the gross proceeds of each financing completed by Appleton, which results from an introduction by Forest Hill within the term of the agreement or at any time within 24 months of termination of the agreement. In addition, Appleton will pay a procurement fee of $12,500 and grant 50,000 stock options to Forest Hill in the event that Appleton enters into an agreement with an investor relations firm, which has resulted from an introduction by Forest Hill.

 

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.

January 7, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. has received the assay results for the bedrock sampling program on its Stobart property, part of its Spences Bridge Gold Belt Project. As reported in an October 10, 2007 news release, Appleton sampled two quartz veins displaying typical epithermal textures.

The northeast trending, 1-2 metre wide Hamm vein, discovered by previous operators, has been traced for 60 metres through four outcrop exposures. Each exposure was sampled in one metre chips and found to be consistently gold-bearing. The vein returned assay values of 380 parts per billion (ppb) gold, 5 ppb Au, 380 ppb Au and 1480 ppb Au, from southwest to the northeast, respectively. An additional sample 120 metres to the south returned a value of 1040 ppb Au from a vein that may be the faulted southern extension of the Hamm vein or may represent an additional vein.

The 1 metre wide parallel Rob vein, 150 metres to the northwest, has been traced for 15 metres through two outcrop exposures. Each exposure was sampled in one metre chips and found to be consistently gold-bearing. The two vein exposures reported 880 ppb Au and 1180 ppb Au.

The association of anomalous amounts of mercury and tellurium with the gold support an epithermal origin for these veins.

Expenditures for the Company’s Spences Bridge Gold Belt project were partially funded through a private placement by the MineralFields Group, a Toronto-based fund. Information about the MineralFields Group is available at www.mineralfields.com.

Appleton is awaiting additional assay results from its extensive 2007 Spence Bridge Gold Belt project that includes the Dora and Stobart properties.

A program of mechanical bedrock trenching and sampling is in the planning stages for spring 2008.

 

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.

December 6, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. is pleased to announce the first assay results from the 2007 excavator trenching program on the its wholly owned low sulphidation epithermal gold Dora exploration property in the Spences Bridge Gold Belt. A total of 554 lineal metres of excavation was completed resulting in 22 trenches. The 22 trenches explored 3 gold-in-soil anomalies reported in a November 14, 2007 news release. The trenches tested for the bedrock sources of epithermal mineralization underlying the gold-in-soil anomalies.

Complete assay results have been received from trenches 07-07 and 07-08, two of the 15 trenches testing gold-in-soil Anomaly “G” south, where earlier channel soil trenching returned continuous sections of 39 metres averaging 178 ppb Au from soil trench 1 and continuous sections of 38 metres averaging 378 ppb Au and 34 metres averaging 83 ppb Au from soil trench 2, as reported in a news release dated September 24, 2007.

Trench 07-07 was 38 metres long, cutting across the central section of soil grid anomaly “G” between the two soil channel trenches. One metre continuous chip samples were taken where bedrock was encountered (70% of the trench length). Sampling tested a weakly to strongly bleached, oxidized and silicified andesite with some quartz stringers. Gold values in the trench ranged from 9 ppb to 1.38 grams per tonne. Within the trench a 6 metre continuous interval averaged 0.919 grams per tonne gold. In addition, a one metre interval reported 1.02 grams per tonne.

Trench 07-08, was 25 metres long, lying immediately south of the eastern section of soil channel trench 2 on gold-in-soil anomaly “G”. Approximately 75% of the trench length reached bedrock. Sampling tested a weakly to strongly silicified andesite with some quartz stringers. Gold values in trench 07-08 ranged from 11 ppb to 761 ppb. Trench 07- 08 is located 50 metres southwest of Trench 07-07.

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

Expenditures for the Company’s Spences Bridge Gold Belt project were partially funded through a private placement by the MineralFields Group, a Toronto-based fund. Information about the MineralFields Group is available at www.mineralfields.com.

Appleton’s management continues to be encouraged with the 2007 exploration results in its quest for epithermal gold in the Spences Bridge Gold Belt. The Company expects to initiate a 1500 metre diamond drill program once all trench assays have been received and compiled.

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.

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.

October 23, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V.AEX) has received further encouraging geochemical assay results from its 4,600 hectare Sping coppersilver project, north of Smithers, British Columbia. The objectives of the 2007 exploration season were to substantiate the previously documented copper-silver rich limes tone and determine the potential of finding more. This was accomplished with six reconnaissance scale traverses (roughly 1 km apart) across the property, including one over the known area of mineralization. Each traverse involved mapping, prospecting and 100 metre spaced soil sampling.

Outcrops of disseminated silver-rich chalcopyrite (copper) bearing limestone were identified and grab sampled across an area 300 metres wide. Results confirmed documented levels of copper and silver with Appleton’s assays ranging from 0.28% to 1.06% Cu, and 1.1 to 30.0 grams per tonne Ag.

The reconnaissance traverses also identified several other areas of copper-silver anomalies in areas covered by overburden; the most notable fall within a general northwest trend of anomalies developing over 1.5 km with the outcropping mineralized limestone in the centre of that trend. The anomalies are expressed by copper values in soils between 80 and 104 ppm with accompanying silver values in soils between 0.4 and 2 ppm.

The reconnaissance traverses also identified an interesting east-west trending zinc-lead soil anomaly 100 - 150 metres wide and 800 metres long, with zinc values between 433 and 5,760 ppm and lead values between 29 and 318 ppm. This trend is 700 metres south of the silvercopper rich limestone outcrops.

The Company is very encouraged with the 2007 exploration results from the Sping property, which is under 100% option to the Company. Several interesting target areas have been identified and warrant further work to expand and delineate. Mapping, sampling, trenching and success-contingent diamond drilling will follow.

The 2007 Sping 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.

October 10, 2007 – Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has located two sub-parallel epithermal quartz veins on the Stobart / Fame property at the northern end of the Company’s Spences Bridge Gold Belt Project during its prospecting and soil geochemistry program.

The first vein, which had been explored by a previous operator, displays banding, chalcedonic textures, and brecciation. These are typical features of epithermal veins. This northeast trending vein is 1-2 metres wide and can be traced along strike for approximately 30 metres, though it has been interpreted to continue at least 60 metres based on on-trend subcropping and angular float quartz blocks. Previous sampling in 1993 returned values from 1 to 5060 parts per billion (ppb) gold.

A second parallel vein was discovered 150 metres to the west of the first vein. This second vein, one metre wide, was traced along strike for 15 metres before it disappeared under overburden. This vein displays chalcedonic quartz and adularia, again positive typical features of epithermal veins. Assay results are pending.

Appleton also completed a soil geochemistry grid over the Double D and Kelsch epithermal vein showings on the Fame Property option. Soil geochemistry assay results are pending. Grab rock sampling of the Double D veins in 2006 by the Company returned values from 35 to 160 ppb Au. Two grab rock samples from the Kelsch vein in 2007 returned values of 845 and 1650 ppb Au. A mechanical trenching program has commenced on the Double D and Kelsch epithermal veins.

Dora Property
Mechanical trenching is continuing on the Dora property at the south end of the Spences Bridge Gold Belt. A series of parallel trenches have uncovered wide zones (5 to 25 metres) of intense clay-quartz alteration beneath the continuous soil channel sample anomalies described in the news release dated September 24, 2007. Assay results are pending.

Expenditures for the Company’s Spences Bridge Gold Belt project were partially funded through a private placement by the MineralFields Group, a Toronto-based fund. Information about the MineralFields Group is available at www.mineralfields.com.

Appleton is planning a 1500 metre (5000 feet) NQ diamond drilling program on the Dora Property for early December.


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.

September 24, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has received assay results from the initial follow-up on two of the six substantial inear cross-cutting gold-in-soil anomalies identified earlier this summer on its wholly owned Dora property in the Spences Bridge Gold Belt. Appleton is exploring the Dora property for low-sulphidation epithermal precious metal mineralization.

The Company is employing a cost effective exploration technique found successful by other explorers in the Spences Bridge Gold Belt to focus and optimize its excavator trenching in finding epithermal gold mineralization. Upon defining a gold-in-soil anomaly from grid-based 25 metre by 50 metre point sampling, the Company conducted continuous 1 m long channel soil sampling across the full width of the goldin-soil linear anomaly. By doing so prior to excavator trenching to bedrock, the Company can anticipate and interpret detailed anomalies within the larger anomaly.

A total of 12 channel soil trenches were completed, varying from 10m to 104m long across parts of two linear gold-in-soil anomalies previously reported. Assay results from 6 channel soil trenches have been received.

Trenches 1 and 2 have returned significant numbers. These two trenches cross cut a north trending 100m wide buried structure where grid-based soil values of between 112 and 800 ppb Au were previously encountered. The east-west oriented trenches are 40m apart. Trench 1 identified a 38m wide gold anomaly where 38 consecutive one metre channel soil samples exceeded 10 ppb Au to a maximum of 951 ppb Au. The average value was 176 ppb Au. Trench 2 encountered a similar 38m wide anomaly where consecutive channel soil gold values exceeded 32 ppb Au to a maximum of 1726 ppb
Au. The average gold value was 377 ppb Au. The two 38m wide anomalies line up in a northern trend that appears to mimic the buried structure. The Company geologists consider these early results as significant in light of >10 ppb Au from soils being considered important by other successful explorers in the Spences Bridge Gold Belt.

Subsequent excavator trenching has encountered strong to intense clay alteration, bleaching, silicification and chalcedonic quartz in bedrock 50 metres north of Trenches 1 and 2. Excavator trenching will continue to evaluate this and other gold anomalies on the Company’s Dora Property through the fall.


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

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.

September 20, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSXV: AEX) is pleased to announce it has closed a non-brokered private placement of $500,000 through the sale of 1,666,666 flow-through units at $0.30 each to the MineralFields Group. Each unit is comprised of one flow-through common share in the capital of the Company and one-half (1/2) of one non-flow-through common share purchase warrant of the Company. Each whole warrant will entitle the holder thereof to purchase one common share in the capital of the Company at an exercise price of $0.50 per share until September 18, 2008; provided, however, that if the Company’s shares close on the TSX Venture Exchange for 20 consecutive trading days at $0.70 per share or higher during the exercise period, the Company may accelerate the expiry time to 20 calendar days from the date express written notice is provided by the Company to the holder.

The Company has paid a finder’s fee to First Canadian Securities ®, a division of Limited Market Dealer Inc. comprised of $25,000 and 166,666 broker options. Each broker option entitles the older to purchase one unit of the Company at a price of $0.30 per unit until September 18, 2008. each unit issued on exercise of the broker option will be comprised of one common share of the company and one non-transferable share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.50 per share until September 18, 2008; provided, however, that if the Company’s shares close on the TSX Venture Exchange for 20 consecutive trading days at $0.70 per share or higher during the exercise period, the Company may accelerate the expiry time to 20 calendar days from the date express written notice is provided by the Company to the holder. In addition, the Company has paid to Limited Market Dealer Inc. a due diligence fee of $15,000 (plus GST).

All of the securities issued pursuant to this offering and any securities acquired on exercise of any warrants or options are subject to a hold period expiring on January 19, 2008. “We are very pleased to be entering into this relationship with MineralFields Group”, said Tim Henneberry, President and CEO. “This is an important milestone in the growth of Appleton Exploration Inc. and we look forward to working with MineralFields Group as we develop our holdings in the Spences Bridge Gold Belt area.”

About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar) on competitive, effective and service-friendly terms, with investors both within and outside of MineralFields Group.

On Behalf of the Board of Directors,
“R. Timothy 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.

September 12, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has commenced a follow up excavator trenching program on the six substantial linear cross-cutting gold anomalies identified earlier this summer on its wholly owned Dora property. Appleton is exploring the Dora property in the Spences Bridge Gold Belt for low-sulphidation epithermal precious metal mineralization. The Dora property is contiguous to the west to Consolidated Spire Ventures Ltd.’ s Pro spect Valley project, where Spire announced in July the discovery of a large low grade bulk tonnage target.

As disclosed in a news release dated July 19th, the Company’s 2007 detailed grid soil geochemical sampling identified a large area (1000m x 2000m) of multiple linear east-west and north-south trending gold-in-soil anomalies. The linear anomalies are both long and wide, and cross-cut each other, which may suggest a new mineralized system. The anomalies are described in the table below.

Breccia/Fault Grid Summary of Gold-In-Soil Anomalies
Anomaly
Trend
Width (m)
Length (m)
Range (ppb Au)
A
E-W
50-100
1500
3 to 1050
B
E-W
50-150
1400
2 to 112
C
E-W
50-200
1900
2 to 800
D
E-W
50-150
500
2 to 875
E
N-S
50-100
1000
3 to 286
F
N-S
50-100
1300
3 to 297

The Company has now completed initial follow up prospecting as well as a series of cross-cutting soil hand trenches over several of the anomalies. Assay results are pending. each of the six linear anomalies will be tested by a series of cross cutting excavator trenches at regular intervals along strike. A success contingent diamond drilling program will follow.

 

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.

September 10, 2007 - Vancouver, British Columbia. The Company is pleased to announce that it has negotiated a private placement with MineralFields comprised of 1,666,666 units at a price of $0.30 per unit for total gross proceeds of $500,000. Each unit is comprised of one flow-through common share in the capital of the Company and one-half (1/2) of one non-flow-through common share purchase warrant of the Company. Each whole warrant will entitle the holder thereof to purchase one common share in the capital of the Company at an exercise price of $0.50 per share for a period of one year from the date of issuance; provided, however, that if the Company’s shares close on the TSX Venture Exchange for 20 consecutive trading days at $0.70 per share or higher during the exercise period, the Company may accelerate the expiry time to 20 calendar days from the date express written notice is provided by the Company to the holder.

The Company intends to pay a finder’s fee to First Canadian Securities ®, a division of Limited Market Dealer Inc. comprised of a combination of cash (5% of the subscription amount) and broker options (10% of the number units placed). Each broker option entitles the holder to purchase one unit of the Company at a price of $0.30 per unit for a period of one year from the date of issuance. Each unit issued on exercise of the broker option will be comprised of one common share of the Company and one non-transferable share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.50 per share for a period of one year from the date of issuance of the option. In addition, the Company has agreed to pay to Limited Market Dealer Inc. a due diligence fee of 3% of the gross proceeds, plus applicable taxes. All of the securities issued pursuant to this offering will have a hold period expiring four months after the closing date.

The net proceeds from the private placement will be used by the Company to finance exploration activities and to incur eligible exploration expenses. The private placement is subject to regulatory approval and to the price of the Company’s shares being not less than $0.25 per share on the date of closing.

About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar) on competitive, effective and service-friendly terms, with investors both within, and outside of MineralFields Group.

 

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.

September 6, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has completed its Phase I 2007 exploration on the Sping copper/silver project north of Smithers, British Columbia. The program consisted of geological mapping, and geochemical silt and soil sampling over the 4,600 hectare property. The mapp ing substantiated the location of previously known copper m ineralization in a limestone unit. Additional copper mineralization was discovered within faults or shear zones within Hazelton Group volcanic rocks at three other locations on the property.

Soil geochemical samples were collected along a series of 1.5 kilometre to 2 kilometre long north-south trending lines and along a 6 kilometre long east to southeast trending baseline. A 500 metre by 500 metre grid was also completed in the northeast corner of the property where new copper mineralization was discovered.

The Sping property is under 100% option to the Company as was previously disclosed in a news release dated May 29, 2007. In the mid-1970’s, Canadian Superior Exploration Inc.  identified a pre-NI 43-101 historical resource of 5,000,0000 tons grading 0.50% Cu and 11.9 grams per ton Ag in a limestone unit on the Sping property. Appleton has not prepared nor confirmed this resource estimation and as it pre-dates National Instrument 43-101, it does not
comply with NI 43-101 requirements for mineral resource estimation. No qualified person has done sufficient work to classify the historical estimate as a current resource.

The Company does not treat these numbers as a current resource on the property and the resource should not be relied upon, but remains an historic figure. The Company is pleased with the discovery of additional copper mineralization on the Sping property. Assay results are pending.

 

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.

July 19, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has now received all of the assay results from the 2007 Phase I program on its wholly owned Dora property in the Spences Bridge Gold Belt. Six substantial linear cross-cutting gold anomalies have been discovered by the Company in its search for epithermal mineralization in the active Spences Bridge Gold Belt. The anomalous area on the Company’s Dora property is 3 kilometres southeast of Consolidated Spire Ventures Ltd. Prospect Valley project where the discovery of a large low grade bulk tonnage target has recently been announced.

The 2007 Dora Phase I program consisted of two components: follow-up in-fill soil sampling and prospecting over the previously established anomalous Breccia/Fault and Silt grids and airborne tri-directional magnetics over the south western section of the property. The objective of the Breccia/Fault grid soil sampling was to better define broad previously identified anomalies by in-fill soil sampling as well as to expand the previously identified gold-in-soil
anomalies, located during the 2006 exploration program. A total of 2258 soil samples were taken on the Breccia/Fault Grid and a further 416 samples were taken over the Silt Grid. Eighteen grab bedrock samples were also taken from the grids. The objective of the airborne geophysical survey was to identify buried structures that might be mineralized. Aeroquest Limited flew the 784 line kilometres airborne geophysical survey. The maps and accompanying geophysical report are due in late August.

The 2007 assay results show a large area (1000m x 2000m) of multiple linear east-west and north-south trending anomalies. The linear anomalies are both long and wide, cross-cutting each other, which may suggest a new mineralized system. The anomalies are described in the table below.

 

Breccia/Fault Grid Summary of Gold-In-Soil Anomalies
Anomaly
Trend
Width (m)
Length (m)
Range (ppb Au)
A
E-W
50-100
1500
3 to 1050
B
E-W
50-150
1400
2 to 112
C
E-W
50-200
1900
2 to 800
D
E-W
50-150
500
2 to 875
E
N-S
50-100
1000
3 to 286
F
N-S
50-100
1300
3 to 297


A total of 18 rock sample were taken during prospecting of the grids. Thirteen of the samples returned anomalous gold results between 14 and 210 ppb Au, which are positive support for the anomalous grid areas to host epithermal mineralization.

The Company is very pleased with the results of the Phase I exploration program. Crews have been mobilized to commence the Phase II program of ground truthing the soil anomalies by soil and hand trenching and detailed prospecting. This will be followed by mechanical trenching.

All analyzes were completed by Eco-Tech Laboratory Ltd. of Kamloops, British Columbia.
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.

July 16, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has entered into an investor relations agreement with Marketsmart Communications Inc. of Vancouver, BC, subject to acceptance for filing by the TSX Venture Exchange. Pursuant to the
terms of the agreement, Marketsmart will provide investor relations services to the Company for a period of one year, at a fee for services of $3,500 per month. The agreement may be terminated by either party upon one month’s notice.

Marketsmart Communications Inc., wholly owned by Maria Da Silva, has provided investor relations services to various biotech, high tech and resource companies for the past five years. Services to be provided to the Company under the terms of the investor relations agreement will include: providing shareholder and investor communications services; assisting the Company in developing and coordinating presentations, brochures, advertising, and other
shareholder communications material; introducing and arranging contacts with underwriters, broker/dealers, potential investors, the media, and financial analysts; and assisting in the development of appropriate public disclosure documentation.

The Company has granted 160,000 stock options, pursuant to the terms and conditions of the investor relations agreement and the Company’s stock option plan, exercisable on or before July 16, 2012, at an exercise price of $0.30 per share.


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 at (604) 694-0741

 

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

 

Appleton Exploration Inc. Makes Initial Option Payment on Sping Property and Provides Update on Spences Bridge Gold Project Exploration

June 14, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has made an initial option payment of $25,000 and has issued 100,000 common shares to the Vendor of the Sping copper-silver property, pursuant to the option agreement previously announced on May 28, 2007. Securities issued pursuant to the agreement are subject to a four month hold until October 1, 2007.

The Company will complete an initial examination of the Sping Property in late June in preparation for a ground prospecting, mapping and sampling program to be conducted later in the summer.

The Company also reports it has completed the soil geochemical sampling component of the phase I 2007 exploration program on its Dora Property in the Spences Bridge Gold Belt. Prospecting and mapping by the company’s independent Qualified Person, Steve Butrenchuk, P.Geol., was successful in locating four separate zones of alteration in the Breccia/Fault Grid area. Assay results are pending.

Aeroquest Surveys has commenced a +750 line kilometre airborne tri-directional magnetometer survey on the southwest section of the Dora Property, including the Breccia/Fault and Silt Grids. The objective of the survey is to locate zones of alteration which should appear as magnetic lows. Low sulphidation epithermal precious metal systems commonly occur within these lows. Results of the airborne geophysical survey are pending.

 

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

 

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.

May 29, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has entered into an option agreement dated May 25, 2007 to acquire the Sping Copper-Silver property, located 160 kilometres north of Smithers, British Columbia, subject to acceptance for
filing by the TSX Venture Exchange. The Sping property is comprised of the Sping mineral claim (287.7 hectares). The Company has also staked an additional 11 mineral claims, which are contiguous with the Sping claim. The property package now totals 4,603 hectares.

Appleton may earn a 100% interest in the Sping claim, subject to a 2.5% net smelter return (“NSR”) royalty to the Vendor, by making cash payments totalling $170,000, issuing 200,000 common shares and completing $1,000,000 in exploration expenditures on or before the third anniversary date of acceptance for filing by the TSX Venture Exchange. Appleton has the option to purchase up to 1.5% (3/5) of the NSR, in increments of 0.5% for a total cost of $1,750,000.

The Sping property lies within volcanic and volcaniclastic with interbedded sedimentary rocks, of the Jurassic Hazelton Group on the eastern boundary of the Bowser Basin. Previous exploration has focussed on a dolomitic limestone that carries finely disseminated silver rich chalcopyrite. Drilling by Canadian Superior Exploration Limited in the early to mid 1970’s outlined a historical resource of 5,000,000 tons grading 0.5% copper and 11.9 grams/ton silver.
Appleton has not prepared nor confirmed this resource estimation and as it pre-dates National Instrument 43-101, it does not comply with NI 43-101 requirements for mineral resource estimation. No qualified person has done sufficient work to classify the historical estimate as a current resource. The Company does not treat these numbers as a current resource on the property and the resource should not be relied upon, but remains an historic figure.

A review of the assessment record shows programs of soil sampling and induced polarization (IP) geophysics were completed by Canadian Superior prior to drilling. There is no record of detailed mapping. Drilling concentrated on the mineralized dolomitic limestone. The IP survey located several additional unexplored anomalies in the area. Later prospecting during a 1993 property examination by Inco located a second occurrence of the mineralized dolomitic
limestone 200 metres to the south of the limestone drilled in 1973. This second occurrence returned copper and silver values from surface grab sampling that are similar to the surface values in the previously drilled limestone.

The persistency and consistency of copper grades between drill holes and its apparent coincidence with a dolomite unit suggests copper-silver mineralization on the Sping property represents sediment-hosted stratabound copper mineralization. This could suggest good potential for large tonnage. In addition, the Sping property has some similarities to the  geological setting at the Eskay Creek Mine. The Sping property is located on the eastern edge of the Bowser Basin, whereas Eskay Creek lies on the western edge of the basin. Some comparable rock types, stratigraphy and style of copper mineralization occur at both. Therefore, the Company will also evaluate the Sping property for Eskay Creek style mineralization.

The Company plans an initial program of soil geochemistry, prospecting and mapping followed by ground or airborne geophysics on the Sping property.


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

 

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.

May 14, 2007 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V: AEX) has commenced its 2007 exploration programs on its Spences Bridge Gold Belt Project. The Company’s Spences Bridge Gold Belt Project, comprised of five properties covering 74,000 hectares, lies within the Spences Bridge Gold Belt in south central British Columbia. The Spences Bridge Gold Belt is emerging as a new epithermal gold camp after recent discoveries by Almaden Minerals Ltd., Consolidated Spire Ventures Ltd. and Strongbow Exploration Inc.

Appleton is led by a seasoned team of explorationists and mining professionals. The Company was incorporated on June 23, 2006 as a private company in British Columbia, raising funds to complete a $350,000 exploration program on its Spences Bridge Gold Belt Project and to proceed with an initial public offering. The Company commenced trading on the TSX Venture
Exchange on May 14, 2007.

The Company’s 2006 exploration program was successful in locating gold-in-soil and/or goldin-bedrock anomalies on each of the properties in its Spences Bridge Gold Belt Project. A brief summary of the 2006 exploration results for each of the five properties follows.


Dora

Exploration was successful in locating the Breccia Vein, a 1 metre wide SE trending quartz breccia vein. Grid geochemical soil samples returned values ranging from 10 parts per billion (“ppb”) Au to 280 ppb Au. Soil geochemistry was successful in tracing the vein 1000 metres with gold-in-soil values from 5 ppb to 40 ppb. The west trending, 7-10 metre wide Fault Zone of alteration and shearing returned values from 5 ppb to 140 ppb Au from limonite gouge zones within the structure. This zone was traced approximately 600 metres by soil geochemistry. Two additional soil grids – the Silt and the Mare – were established. Gold-in-soil and/or goldin-silt anomalies were located on each of the Silt and Mare grids.


Clapperton

Exploration located a north trending, 30-40 metre wide zone of alteration and shearing hosting individual carbonate + quartz seams and veins range from 5-10 centimetres in width. Geochemical rock values from 15 ppb Au to 60 ppb Au were obtained from the individual seams and veins. The west edge of the Clapperton soil geochemical grid appears to have located the strike projection of the zone.


Spence

Road soil geochemistry located a 600 metre section ranging from 10 ppb Au to 20 ppb Au. A soil grid over the area was successful in confirming the anomalous area.


McKay
Road soil geochemistry identified two zones of continuous gold-in-soil anomalies along with individual values ranging from 10 ppb Au to 40 ppb Au. Soil geochemical grids confirmed and expanded the southern zone, but did not confirm the north zone.


Stobart / Fame

Road soil geochemistry identified two areas that were followed up with soil geochemical grids. Gold-in-soil anomalies were located on both grids, requiring further follow-up. Additional gold-in-soil anomalies found during the 2006 Phase I road soil sampling program will also require follow up.


Mineralization on the Fame Option consists of four main showings associated within northwest trending structural lineaments: Discovery, Kelsch, Double Diamond and Twilight. The zones are epithermal veins to veinlets and breccias. Historical grab sampling obtained values from 5 ppb to 14,800 ppb Au over narrow widths.

The Company completed a soil grid over the Twilight Zone where two linear gold-in-soil anomalies were identified. The Discovery, Kelsch and Twilight zones were also examined with preliminary grab sampling returning values from 5 ppb to 2270 ppb Au.

Appleton’s 2007 exploration program will follow the recommendations of the Company’s independent Qualified Person, Stephen Butrenchuk, P.Geol. in his technical report filed in support of the Company’s initial public offering. This program will concentrate on the Dora Property. Soil grids will be tightened and expanded over the Breccia and Fault Zones. The grids will be prospected and mapped in detail. A proton magnetometer survey will then be completed over the grids to assist in the tighter definition of anomalies. Upon completion of the geology, geochemistry and geophysics, a program of excavator trenching will be initiated to evaluate the geochemistry and geophysical anomalies.


On Behalf of the Board of Directors,
R.Tim Henneberry, P.Geo.
President

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.