Axe Exploration Inc. (TSX VENTURE:AXQ) (the "Corporation") announces an
exploration program on its GoldPeak (100%-owned by Axe Exploration Inc.) and
Destorbelle (50%-owned by Typhon Exploration Inc. / 50%-owned by Axe Exploration
Inc.) properties, consisting mainly of geological reconnaissance work and
sampling.


The GoldPeak Property comprises 50 mining claims and covers 2,184 hectares.
GoldPeak is in a great geological position, in one of the most world-renowned
regions for gold potential, along the Destor-Porcupine Fault ("80 million ounces
of gold) and the Cadillac Fault ("180 million ounces of gold) sector, which have
produced approximately 260 million ounces of gold to date. Furthermore, it is
located amongst Abitibi's mining projects, such as; Westwood from Iamgold,
Fayolle from Typhoon, Goldex-Laronde and Lapa from Agnico-Eagle as well as
Canadian Malartic from Osisko, just to name a few. (See map)


The Destorbelle Property comprises 24 mining claims located in the Rouyn-Noranda
mining camp, straddles the Destor, Aiguebelle and Clericy Townships and covers a
surface of 953.1 hectares. Furthermore, it is adjacent to the Fayolle Property
and shows a high similarity with the structural context type and geologic
environment as the one of the Fayolle Deposit, which contains to date more than
188,000 ounces of gold in the indicated category (43-101 Standard - September
2012).


Due to its strategic location, the Destorbelle Property allows Axe, in
collaboration with its partner Typhoon Exploration Inc., to control several
kilometres of favourable ground along the Destor-Porcupine Fault ("80 million
ounces of gold). Short term, the company is confident to define some interesting
gold-bearing mineralization.


ABOUT AXE EXPLORATION INC.

Axe Exploration's mission is to explore and discover significant mineral
resources by using the latest exploration technologies, all while minimizing its
impact on the environment.


Axe is in an excellent financial position and carries no debts.

For more information, visit the company's website at www.axeexploration.com or
SEDAR's website at www.sedar.com.


QUALIFIED PERSON

Mr. Daniel Gaudreault, Ing., Geo. (OIQ), of Geologica Groupe-Conseil, is the
Qualified Person as defined by 

National Instrument 43-101, to supervise the preparation of this press release.

The common shares of Axe Exploration Inc. are listed on the Venture Stock
Exchange under the symbol "AXQ".




Head Office                                                                 
255, Cure-Labelle Blvd.                                                     
Suite 204                                                                   
Laval, QC H7L 2Z9                                                           
Tel : 450.622.5785                                                          
Fax : 450.622.4337                                                          
info@axeexploration.com                                                     
                                                                            
Exploration Office                                                          
10759, Route d'Aiguebelle                                                   
Rouyn-Noranda (Mont-Brun), QC                                               
J0Z 2Y0                                                                     
Tel : 819.637.2096                                                          
Fax : 819.637.2076                                                          
                                                                            
http://www.axeexploration.com/                                              



Forward-Looking Statements

This news release contains statements that constitute "forward-looking
information" or "forward-looking statements" within the meaning of applicable
securities legislation. This forward-looking information is subject to numerous
risks and uncertainties, certain of which are beyond the control of Axe
Exploration. Actual results or achievements may differ materially from those
expressed in, or implied by, this forward-looking information. No assurance can
be given that any events anticipated by the forward-looking information will
transpire or occur, or if any of them do so, what benefits that Axe Exploration
will derive therefrom. Forward-looking information is based on the estimates and
opinions of Axe Exploration at the time the information is released and Axe
Exploration does not undertake any obligation to update publicly or to revise
any of the forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by applicable securities
laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


A map is available at the following address:
http://media3.marketwire.com/docs/1022AXE_EN.pdf


FOR FURTHER INFORMATION PLEASE CONTACT: 
David Mc Donald
President and CEO
450.622.5785
450.622.4337 (FAX)
info@axeexploration.com
www.axeexploration.com
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