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Message: Argus Metals updates investors on Diamond Drilling at Hyland Gold Project

VANCOUVER, BRITISH COLUMBIA, Aug 11, 2011 (MARKETWIRE via COMTEX) -- Argus Metals Corp. (the "Company" or "Argus") CA:AML 0.00% , reports that the $CDN 1.7 million diamond drilling program on the Hyland Gold Project, located in the Selwyn Basin, Yukon Territory is underway with 3 drill holes currently in for assay as drilling continues on the SE Zone. Assays will be reported as they are received.

President Michael Collins comments, "Argus is pleased with the progress at the Hyland project to date; with a new structural model, focused exploration of historic anomalies and development of new targets on a daily basis. We are confident that we have the tools to address the full potential of the 24km strike length of the Quartz Lake Fault and the look alike IKE and TINA project."

Current drilling is testing the new structural interpretation of the mineralization in the Main Zone, a new conductor identified in this summer's Abitibi TEM geophysical survey, and is currently focused on the SE Zone soil anomaly target. Upon completion of this first phase of drilling at the SE Zone, the drill will be moved to test the newly identified THAS Zone. Further drilling this season includes the untested historic CUZ zone and the newly identified CUZ SUR targets.

The regional program in the Yukon continues to advance while assay results are pending with over 1800 soil samples and 185 stream sediment samples collected to date. The Company is using XRF technology to advance the delineation of soil and stream anomalies as an effective use of newer technology to advance subsequent targets quickly. An infill sampling program is being effected midseason to map out potential drill programs for the early fall.

Paul D. Gray, P.Geo. is the Company's Qualified Person with respect to the Hyland Gold Project and has reviewed and approved this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, President and CEO

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