Appleton Exploration Inc. Intersects 10 Metres of 5.03 gpt Au at the Manalo Gold Project in Mali
03 Juin 2009 - 3:01PM
Marketwired Canada
Appleton Exploration Inc. (TSX VENTURE:AEX) 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
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Dialafara Drill Highlights - Northern Segment
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DH Sample m from m to m length gpt Au
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DL-09-041 RC 48.0 49.0 1.0 36.40
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Core 108.5 109.5 1.0 1.21
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Core 118.2 121.3 3.1 0.88
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DL-09-042 Core 125.7 126.7 1.0 5.48
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Core 132.2 139.7 7.5 2.55
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Including 136.7 137.7 1.0 10.92
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DL-09-043 RC 33.0 38.0 5.0 1.09
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Including 35.0 36.0 1.0 4.85
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DL-09-044 RC 43.0 46.0 3.0 0.90
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DL-09-045 RC 27.0 28.0 1.0 0.65
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DL-09-046 RC 94.0 95.0 1.0 1.18
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RC 139.0 144.0 5.0 1.34
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DL-09-047 RC 51.0 54.0 3.0 0.31
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DL-09-048 RC 43.0 49.0 6.0 0.67
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RC 70.0 71.0 1.0 1.12
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RC 95.0 96.0 1.0 1.30
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DL-09-049 RC 66.0 77.0 11.0 1.14
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DL-09-050 RC 58.0 62.0 4.0 0.61
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DL-09-051 RC 25.0 26.0 1.0 0.32
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DL-09-052 RC 21.0 24.0 3.0 1.89
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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.
Southern Segment Drilling
-------------------------
Dialafara Drill Highlights - Southern Segment
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DH Sample m from m to m length gpt Au
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DL-09-053 RC 43.0 53.0 10.0 1.58
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DL-09-054 RC 36.0 54.0 18.0 3.32
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Including 36.0 46.0 10.0 5.03
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Including 36.0 39.0 3.0 10.37
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DL-09-055 RC 13.0 14.0 1.0 1.18
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RC 18.0 19.0 1.0 1.40
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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,
428 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. (TSX VENTURE:RGT).
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, P.Geo., President and CEO
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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