TSX.V: CCC

Appleton Exploration Inc. Encouraged by First Trench Assay Results from its Spences Bridge Gold Project

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.

This website includes certain "forward-looking statements" such as estimates and statements that describe Cornerstone Metal Inc.’s property, future plans, objectives or goals. All statements in this website, other than statements of historical facts, that address future production, resource potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance or developments to differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, market prices, environmental conditions, judicial, regulatory and political developments, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions.