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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.

Phenom (as First Vanadium Corp.) was recognized as a Venture 50 company in 2019.
The Venture 50 logo is a trademark of TSX Inc. and is used under license.