TSX.V: CCC

Appleton Clarifies High Grade Intercept on Manalo

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.


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.