$SRNG .0149 Shelron Group Targets Argentina for Gold Exploration

Company Expands Its South American Map of Promising Gold Exploration Opportunities

NEW YORK, Oct 26, 2012 (GlobeNewswire via COMTEX) -- Shelron Group , Inc. (OTC:SRNG) or (the "Company), is pleased to announce that the Company has launched new efforts in finding gold exploration opportunities in Argentina.

This decision comes after Shelron Group secured an agreement to acquire 4,450 acres for gold exploration in Chile.

"This is an important milestone in our business strategy," notes Eliron Yaron, Chairman of Shelron Group. "Following our recent efforts in Chile, where we signed an exploration agreement having estimated resources of gold in excess of 740,000 Oz , we are hoping to find equally viable business opportunities in Argentina."

About Shelron Group

Shelron Group, Inc. (OTC:SRNG) is a New York based mineral exploration and development company focused on acquisition, exploration, evaluation, and development of mineral resource properties in Africa and South America. The Company incorporated in Delaware and is headquartered in New York.

Additional information is available at http://www.Shelron-Group.com.