Appleton Exploration Inc. Intersects 192 gpt Au (6.17 opt) over 10 metres at Manalo
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
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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.
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