Axe Exploration Inc.
TSX VENTURE : AXQ

Axe Exploration Inc.

June 25, 2014 09:30 ET

Axe Exploration Announces the Beginning of Exploration Work on GoldPeak

LAVAL, QUEBEC--(Marketwired - June 25, 2014) - Axe Exploration Inc. (TSX VENTURE:AXQ) (the "Corporation") announces that it has begun exploration work on its 100%-owned GoldPeak Property.

Highlights and Results:

In December of 2013, line cutting, a GPS magnetometer survey and OreVision survey (Dipole-Dipole) were carried out ΓÇïΓÇïon the GoldPeak Property. Several induced polarization anomalies were defined and geological reconnaissance work was recommended on these anomalies. These anomalous zones appear to correspond with the discontinuity between two magnetic domains (high and low Mag). The most significant anomaly seems to coincide with what could be a hinge of a fold, of which the axis is oriented NW-SE with a noticeable dip to the NW.

To implement these recommendations, prospecting and geological reconnaissance work, with veins, structures and mineralization sampling has begun on cut lines mainly within the anomalous areas from the OreVision survey.

QUALIFIED PERSON

Mr. Daniel Gaudreault, Ing., Geo. (OIQ), of Géologica Groupe-Conseil, is the Qualified Person as defined by National Instrument 43-101, to supervise the preparation of this press release.

TSX VENTURE:AXQ

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