AEX AEX Gold Inc

Appleton Exploration Inc. (TSX VENTURE: AEX) is pleased to announce the remaining results from recent reverse circulation (RC) and aircore (AC) drilling on the southern segment of the Dialafara Prospect on the Manalo Gold Project, Republic of Mali, West Africa. Highlights include 10 metres of 3.68 grams per tonne (g/t) gold and 10 metres of 0.75 g/t Au. These new results, in conjunction with previous drilling to date, now define a minimum 625 metre strikelength trend of encouraging gold mineralization.

Appleton's president Tim Henneberry stated, "Appleton management continues to be very excited with the drill results from our Manalo Gold Project. We are getting a better handle on the geology controlling the gold mineralization, now have a considerable strikelength of gold mineralization in the Dialafara South Segment target and have many untested anomalies and targets throughout the Manalo Permit that warrant our attention."

New results are from the last 11 RC holes, MDL-10-100 to MDL-10-110 on the Dialafara South Segment and aircore drilling along its northwest projection, part of the 37 hole 4,300-metre RC drill program and 67 hole 3,771-metre AC drill program conducted during March and April, 2010. Appleton is earning a 100% interest in the Manalo project from Rockgate Capital Corp.

Table 1 Highlights

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Drill Hole      From (m)       To (m)   Length (m)      Au g/t
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MDL-10-100           77           78            1         3.17
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MDL-10-102           49           59           10         0.75
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      incl           49           53            4         1.45
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MDL-10-103           86           87            1         2.83
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       and           91           92            1         0.47
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MDL-10-104           23           24            1         0.32
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       and           44           47            3         1.00
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       and           58           62            4         0.20
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       and          103          105            2         0.79
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MDL-10-108           46           47            1        47.40
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       and           70           72            2         4.01
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MDL-10-109           50           51            1         0.70
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MDL-10-110            3            5            2         0.63
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       and           82           90            8         0.67
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       and          108          118           10         3.68
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Six RC holes, MDL-10-100, 101, and 107 to 110, explored 100 to 280 metres to the northwest of MDL-10-099 which intersected 1.45 g/t Au across 61 metres, as reported in our news release dated July 15, 2010. Many of the best gold intercepts in the Dialafara South Segment, like that in MDL-10-099, occur within a trend of quartz veining along and proximal to the northwest-trending sandstone-mudstone contact. MDL-10-107 to 110 encountered significant quartz veining in the coarse sandstone unit adjacent to the contact. MDL-10-110 intersected 3.68 g/t Au over 10 metres. Hole MDL-10-110 is 200 metres northwest of hole MDL-10-099. More drilling is proposed for this area. MDL-10-100 and 101 did not reach the key sandstone-mudstone contact but explored veining in the mudstones, encountering weak veining with sporadic gold values.

Five RC holes, MDL-10-102 to 106, tested the 300 metres between the central Dialafara artisanal workings (MDL-10-086 and 099) and the southeast workings (MDL-09-073). All 5 holes tested quartz veining in the mudstones immediately northeast of the key sandstone-mudstone contact, intersecting quartz veining and sporadic gold values. The drilling did not reach the key sandstone-mudstone contact. Drill testing of the key contact zone in this area is planned.

The northwest projection of the Dialafara Southern Segment was explored by four widely spaced lines of aircore drilling. This drilling identified several gold-bearing structures associated with mudstone-sandstone contacts. Near MDL-10-017, aircore hole MAC-10-125 intersected 15 metres assaying 0.55 g/t Au and MAC-10-126 intersected 5 metres of 0.43 g/t Au (by 50g Fire Assay). Almost 200 metres west, MAC-10-133 and 134 intersected 9.0 metres of 0.20 g/t Au and 6.0 metres of 0.18 g/t Au, respectively, in a new significant quartz vein trend associated with a sandstone-mudstone contact. That quartz veining is traceable to the northwest for over 300 metres, and may represent the fold-repeated contact found at the Dialafara Southern Segment. Drilling is proposed for this potential repetition of the mineralized structure.

Quality Control and Assurance

The widths and grades reported are drill intercept widths and may not represent the true width of mineralization. Individual gold assays have not been cut but high grade samples have been separately reported in the table above. Reverse circulation and aircore cuttings collected used a cyclone in 1 metre intervals that are riffle split at the drill site. All samples were initially analyzed by 50 gram fire assay. Samples identified in potentially mineralized zones or that returned anomalous (greater than 0.10 g/t) gold values were reassayed by screen metallics analysis in order identify the presence and significance of coarse gold in samples. All reported assays in this report are by screen metallics methods unless otherwise stated. Previous work suggests than Manalo hosts moderate coarse gold. The primary laboratory is ALS Chemex in Bamako, an ISO 17025 certified laboratory. Standard, blank, and duplicate samples were inserted throughout the sample sequence as quality control checks. Both Chris Wild, P.Eng. and Paul Cowley, P.Geo., director of Appleton, are qualified persons for the drilling campaign.

Appleton is awaiting results from aircore drilling completed in June 2010 on the Sirabada and Mansaya Prospects approximately 8 kilometres south and southeast of Dialafara South.

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

Paul Cowley, P.Geo., 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.

Forward-Looking Statements

This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

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.

Contacts: Appleton Exploration Inc. Tim Henneberry (604) 694-0741 www.appletonexploration.com Contact Financial Corp. - Investor Relations Information 604.689.7422 or Toll Free: 1.877.689.7411