TORONTO, ONTARIO -- Pelangio Exploration Inc. (TSX VENTURE:PX)(OTCBB:PGXPF) ("Pelangio" or the "Company") is pleased to announce that it has commenced drilling with a second rig and expanded the ongoing drilling program at the Company's Manfo Property in Ghana, the site of four near-surface discoveries since the property was optioned in September 2010.

"With four near surface discoveries at Manfo in less than a year that we continue to expand on strike and at depth, we are now moving to significantly expand our drilling program on the property," stated Warren Bates, Senior Vice President Exploration. "Recent geophysical surveying has also greatly increased the property's discovery potential by identifying priority drill-ready targets in areas where cover masks geochemical indicators. Going forward, we are focused on making more discoveries as we further define identified zones with the second drill, and we intend to add a third rig to the property in the coming months."

To view a plan view of drilling and exploration targets on the Manfo Property, see: http://media3.marketwire.com/docs/pgxpf0721fig1.pdf.

Details of the expanded diamond drilling program and its targets include:

• planned second phase program expanded by an additional 55 drill holes totaling 12,000 metres (with a combined total of 75 holes totaling 12,539 metres completed in the first phase and ongoing second phase programs to date), with planning for a further 12,000+ metres of drilling underway;

Pokukrom East Bulk Tonnage Zone

• previously reported drill results include 1.78 g/t gold over 53 metres (cut to 30 g/t) including 24.7 g/t gold over 5 metres (uncut); 1.50 g/t gold over 51 metres; 1.36 g/t gold over 33 metres; and 1.53 g/t gold over 42 metres;
• only the northern half of 1,200 metre geochemical anomaly has been drilled;
• open on strike and at depth – 660 metres strike and 175 metres depth;
• drilling to test strike beyond geochemical anomaly and at 50 metre spacing to below 200 metres depth;

Pokukrom West High Grade Zone

• previously reported drill results include 36.21 g/t gold over 9 metres; 8.6 g/t gold over 12 metres; and 14.10 g/t gold over 7 metres;
• surface strike of over 150 metres and open at depth below 130 metres;
• drilling to test strike at depth and to below 300 metres depth;

Nfante West Bulk Tonnage Zone

• previously reported drill results include 1.50 g/t gold over 61 metres; 1.11 g/t gold over 43 metres; and 0.91 g/t gold over 40 metres;
• open on strike and at depth – 280 metres strike and 76 metres depth;
• drilling to test strike to the north east at 50 metres spacing to below 200 metres depth;

Nfante East Discovery

• previously reported drill results include 0.95 g/t gold over 33 metres;
• limited drilling to date on second largest geochemical anomaly on the property;
• ongoing drilling to test potential zone identified in the discovery hole;

Newly Developing, Drill-Ready Targets

• induced polarization surveying ("IP") coupled with magnetics along the Nfante-Pokukrom trend confirms continuation of structures hosting gold mineralization beyond the currently identified geochemical anomalies into areas of cover.
• IP identifies parallel structures and further targets adjacent to mineralized zones;
• drilling currently underway on these new targets;
• IP to be extended beyond current work areas to identify yet further drill-ready targets.

Drilling Progress and Exploration Outlook

Pelangio completed 16 holes totaling 2,381 metres on the Manfo Property during the first phase drilling program completed in September 2010. To date, Pelangio has completed 59 drill holes totaling 10,158 metres (including two holes abandoned for 114 metres) in the ongoing second phase program, of which 48 drill holes have been reported to date. Drilling is currently ongoing at Pokukrom East and Nfante East. Assay results will be released in due course.

Pelangio has contracted Burwash Contract Drilling of British Columbia and Geodrill Limited of Ghana to conduct diamond-drilling program on the Manfo Property using portable drill rigs.

Pelangio's exploration focus on the Manfo Property is to identify near-surface, drill ready targets through geochemical sampling and to test and extend such targets with drilling and geophysical surveying. The Company's aim during 2011 is to discover and delineate as many gold mineralized zones on the Manfo Property as possible.

Quality Assurance/Quality Control and Qualified Person