Argo Exploration Limited

Asian Activities Report for May 12, 2011 includes: South American Iron & Steel Corporation Limited (ASX:SAY) is to purchase multi-mineral exploration interests in China; Gullewa Limited (ASX:GUL) is in the final preparation stage to float its coal interests in Queensland; Argo Exploration Limited (ASX:AXT) has commenced drilling at Oak Dam South Prospect; Aquila Resources Limited (ASX:AQA) announced positive results from the Pre-Feasibility Study for the development of the Hardey Iron Ore Deposit.

Asian Activities Report for May 6, 2011 includes: Globe Metals & Mining Limited (ASX:GBE) has discovered the first ever rare earth and specialty metal mineralisation at Mount Salambidwe in southern Malawi; Argo Exploration Limited (ASX:AXT) will commence drilling at the Oak Dam South prospect and the Winjabbie East prospect in mid May; Alkane Resources Limited (ASX:ALK) has discovered extended resource at the Galwadgere copper-gold deposit in New South Wales; Sentosa Mining Limited (ASX:SEO) has commenced a sampling program at its Jaurdi Hills Gold Project in Western Australia.

Argo Exploration Ltd (ASX: AXT) announced today it has received partial analyses of basement iron oxide copper-gold (IOCG) mineralization intersected by vertical diamond drill hole, IHAD 5, at Intercept Hill. The present release deals with copper and gold data and is based on analysis of sawn half NQ2 core; analyses for silver, uranium, cobalt, lanthanum and cerium are pending.