Argonaut Exploration Inc. (the "Company") (TSX VENTURE:AGA), a company engaged
in the exploration and development of precious and base metals near Terrace
British Columbia, is pleased to announce that it has added Guillermo Salazar and
Dale Vitone to the Company's board of directors.


Guillermo (Gui) Salazar, B.A.Sc., M.A., P. Eng., is well known to the Canadian
and International mineral exploration industry in his capacity as a Professional
Engineer and geologist. Mr. Salazar received his M.A. at Harvard and has over 40
years of experience in evaluating hundreds of mineral exploration projects in
North, Central and South America. Gui is currently a director with Angkor Gold
Corp. and was a past director of TSX-V listed Orogrande Resources Inc., since
renamed Energy Fuels Inc. Mr. Salazar was a founder, director, past President
and C.E.O. of public company Copper Fox Metals Inc. from 2003 to 2009. Mr.
Salazar remains President and C.E.O. of G. Salazar S. & Associates Ltd. a
private consulting company created in 1980. Guillermo is a registered member of
APEGGA Alberta and of the Association of Professional Engineers, Geophysicists
and Geoscientists of British Columbia.


Dale Vitone, P. Eng. has extensive mining and process engineering, operation,
construction, and project management experience throughout Canada and overseas.
His overseas assignments in South America and China provide an international
knowledge base. Mr. Vitone's distinguished career has included; Senior Mining
Engineer with Bechtel's development of Echo Bay's Lupin gold mine in the NWT
Territories; Senior Project Engineer for the development of Hudson Bay's Trout
Lake mine near Flin Flon, Manitoba; Manager of a 1,000 t/day gold mine in the
NWT; Manager of the talc mining and manufacturing operation in SE Ontario;
Director of Mining Health and Safety for the Northwest Territorial Government;
Senior Engineer and Research Engineer for Inco and Falconbridge nickel mines as
well as numerous other mining companies. Dale has more than 45 years of industry
related experience and is currently a director with TSX-V listed Teras Resources
Inc. Mr. Vitone graduated from both Michigan Technological University and the
Haileybury School of Mines. Dale continues to consult and stay engaged in
corporate responsibilities for various major international EPCM corporations.
Mr. Vitone is a registered Professional Mining Engineer with the Ontario,
Alberta and Northwest Territories Professional Engineering Associations.


Ray Cook, President and C.E.O. of Argonaut states: "The addition of new
directors Gui Salazar and Dale Vitone will collectively add more than 80 years
of exploration and mine development experience to the Company. Both of these
gentlemen have had stellar technical careers in the advancement of mining
projects from the earliest phase of exploration to advanced mine production. The
future growth and development of the Company has taken a significant step
forward with these new directors on the board."


About Argonaut Exploration Inc.

Argonaut is a junior mineral exploration company focused on the acquisition,
exploration and development of gold, silver and copper bearing mineral
properties. For more information on the Corporation visit its website at
www.argonautexploration.com.


This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, are
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the Company's disclosure documents on the SEDAR website at
www.sedar.com. The Company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


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