AML Akwaaba Mining Ltd

Argus Metals Corp. (the "Company" or "Argus") (TSX VENTURE:AML), expands CUZ
discovery with two additional drill holes 80 metres and 240 metres from
discovery hole HY-11-37, on the Hyland Gold Project, Selwyn Basin, Yukon.
Additional assay results are pending for regional exploration and the Main Zone
and will be announced as they are received.


CUZ Zone Discovery:

Drillhole HY-11-36:



--  6 m grading 1.38 g/t gold from 9.0 to 15.0 m 
--  and 1.5 m grading 1.52 g/t gold from 25.50 m to 27.0 m
    (i)80m northwest of discovery hole HY-11-36
     See map at http://www.argusmetalscorp.com/s/Hyland.asp



Drillhole HY-11-38:



--  3.6 m grading 1.12 g/t gold from 16.4 to 20.0 m
    (i)240m northwest of discovery hole HY-11-36



Exploration drilling on the CUZ Zone intersected 4.5 m of 1.93 g/t Au in quartz
stockwork mineralization in the discovery hole: DDH HY-11-37. Drillholes
HY-11-36 and HY-11-38 were collared 80 metres and 240 metres northwest of
drillhole HY-11-37, respectively, and highlight gold mineralization continuity
on-strike of the mineralized vein. (See map at
http://www.argusmetalscorp.com/s/Hyland.asp). The CUZ Zone gold discovery is 4
kilometer south of the Main Zone, where the Company recently announced results
expanding the known mineralization (see news release dated November 28th, 2011).


The three 2011 CUZ Zone diamond drillholes intersected stockwork hosted gold
mineralization over a strike length of 240 metres within the CUZ Zone
gold-in-soil anomaly. This stockwork zone is interpreted as a secondary
(cross-cutting) east-west trending structure with potential for expansion where
it intersects the primary north-south Quartz Lake Lineament and also
carbonaceous siltstone host rocks.


President Michael Collins comments, "We are extremely pleased to see the
exploration model validated with the CUZ Zone gold discovery which demonstrates
that the Hyland Gold Project has the potential to be a significant gold camp
with district scale. Management looks forward to the drill results on the Main
Zone, exploration drilling, as well as results from our extensive regional
programs."


Table 1: Selected Assay Results from Hyland Gold Project, CUZ Zone 2011 Diamond
Drilling Program 




---------------------------------------------------------------------------
                                     Weighted                         
                                      Average   Total                     
           Hole  From    To  Length        Au   depth                    
Zone     Number    (m)   (m)     (m)     (g/t)     (m)   Notes             
---------------------------------------------------------------------------
                                                         CUZ Zone, Soil    
CUZ    HY-11-36     9    15       6     1.376     316    Anomaly. 80m NW of
                                                         Discovery hole    
            and  25.5    27     1.5      1.52            HY-11-37         
---------------------------------------------------------------------------
                                                         CUZ Zone, Soil    
CUZ    HY-11-38  16.4    20     3.6      1.12     231    Anomaly. 240m NW of
                                                         Discovery hole    
         within   8.9    20    11.1      0.44            HY-11-37       
---------------------------------------------------------------------------



The 2001 CUZ diamond drilling results have:



1.  Identified a vein-hosted source for the gold-in-soil geochemical anomaly
    at the CUZ Zone - similar to the 3ACE project of Northern Tiger in the
    northern portion of the Hyland Gold District, Selwyn Basin. 
2.  Proved mineralization continuity on-strike of the CUZ Zone mineralized
    structure



Assays remain pending for drillholes HY-11-35 (exploration) and HY-11-43 (Main
Zone).


The Company also awaits the analyses of soil (945 samples pending), stream
sediment (117 samples pending) and rock (198 samples pending) samples from the
Hyland, Tina and Ike Projects which have been submitted to the lab for analysis.
Upon receipt of these samples, the results will be compiled and a news release
issued on the entirety of the Hyland and Hyland Regional summer 2011 exploration
programs.


All drill core from the Hyland Gold 2011 drilling program was analyzed at Acme
Analytical Labs of Vancouver, B.C. utilizing a 1EX ICP 44-element analytical
package with G6 Fire Assay finish for gold on all samples. All core samples were
split on-site at the Hyland exploration camp and shipped to Acme Analytical Labs
preparation facility in Whitehorse where samples were sorted and crushed to
appropriate particle size (pulp) and representatively split to a smaller size
for shipment to Acme's Vancouver analysis facility. A comprehensive system of
standards, blanks and field duplicates was implemented in the 2011 exploration
program (regional/diamond drilling) and is analyzed as chemical assay data
becomes available. Paul D. Gray, P.Geo. is the Company's Qualified Person with
respect to the Company's Hyland Gold Project and has reviewed and approved this
press release.


ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, President and CEO

We seek safe harbour.

Certain statements set out in this news release constitute forward-looking
statements. Forward-looking statements (i) are often, but not always, identified
by the use of words such as "expect", "may", "could", "anticipate", or "will",
and similar expressions; (ii) may describe expectations, opinions or guidance
that are not statements of fact and which may be based upon information provided
by third parties, or upon the opinions, expectations and estimates of management
of the Company as at the date the statements are made; (iii) are subject to a
variety of known and unknown risks and uncertainties and other factors that
could cause actual events or outcomes to differ materially from those
anticipated or implied by such forward-looking statements, including, but are
not limited to risks, uncertainties and other factors that are beyond the
control of the Company, risks associated with the industry in general, commodity
prices and exchange rate changes, operational risks associated with exploration,
development and production operations, delays or changes in plans, risks
associated with the uncertainty of reserve estimates, health and safety risks
and the uncertainty of estimates and projections of production, costs and
expenses. In light of the risks and uncertainties associated with
forward-looking statements, readers are cautioned not to place undue reliance
upon forward-looking information. In particular, there is no assurance that (i)
mineralization on the Hyland Gold Project will be as projected; (ii) the 2011
work program will proceed as projected, (iii) that any positive results will
result from such program, (iv) that the Company will be able to complete its
work program prior to weather causing the close of the season, or (v) that any
new resource estimate of the Main Zone will be better than historic estimates.
Although the Company believes that the expectations reflected in the
forward-looking statements set out in this press release or incorporated herein
by reference are reasonable, it can give no assurance that such expectations
will prove to have been correct. The forward-looking statements of the Company
contained in this press release, or incorporated herein by reference, are
expressly qualified, in their entirety, by this cautionary statement.

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