Appleton Exploration Inc. Remains 1c Higher, But Off Day High on Mali Update

By Midnight Trader,  July 15, 2010, 02:42:39 PM EDT

Appleton Exploration Inc. (AEX.V) remains up 1 cent to 10.5 cents, but off a day high of 12 cents struck late morning, after announcing results from a further thirteen reverse circulation ( RC ) holes focused on the southern segment of the Dialafara Prospect on the Manalo Gold Project, Mali, West Africa.

It said these new results, in conjunction with previous drilling to date, now define a minimum 450 metre strikelength trend of encouraging gold mineralization. The latest results include: 61 metres of 1.45 grams per tonne (g/t) Au, 27 metres of 1.50 g/t Au and 3 metres of 26.88 g/t Au.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: RC



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