Silvore Fox Minerals Corp.
TSX VENTURE : SFX

Silvore Fox Minerals Corp.

August 20, 2010 09:07 ET

Silvore Fox Minerals Announces Airborne Geophysical Survey of Coxheath Property

HALIFAX, NOVA SCOTIA--(Marketwire - Aug. 20, 2010) - Silvore Fox Minerals Corp. (TSX VENTURE: SFX) (the "Corporation") is pleased to report that it has entered into a contract with Aeroquest International Ltd. ("Aeroquest") to conduct a comprehensive airborne geophysical survey over the Corporation's flagship Coxheath copper porphyry property in Nova Scotia, Canada. Aeroquest will fly a 462 line-kilometre survey of high resolution Aero TEM IV MAG-TDEM and Radiometrics over areas of interest encompassing the Corporation's mineral claims at Coxheath. 

In addition, the Corporation has also contracted CGI Controlled Geophysics Inc. ("CGI") to manage this airborne program on behalf of the Corporation. CGI has extensive experience with modern geophysical techniques, data processing, project management and geophysical interpretation. 

This phase of the exploration program, as per the Corporation's Press Release dated May 28th, 2010, is designed to provide new geoscientific information to help further the understanding of the mineral potential of the property. The results of the survey will aid in delineating the potential size and scope of the property's structural framework and associated copper, gold, silver and molybdenum mineralization. In addition, the survey will provide important information on highly prospective and underexplored areas of the property, including the newly expanded, contiguous mineral rights. Follow-up field-work will focus on ground-truthing the results of this survey and the integrated data will be applied to develop a diamond drilling program that is anticipated to begin in September 2010. The details of the diamond drill program will be released at a later date. 

"I am optimistic that the results of this survey will greatly advance our understanding of the geology and mineralization at Coxheath," states Harry Cabrita, President and CEO. "It will further enhance the efficiency of the exploration program that will have the assessment of economic significance as its primary objective." 

Fred Bonner, P.Geo, Vice President – Operations, is the qualified person as defined by National Instrument 43-101, who has reviewed and approved the technical information presented above.

About Silvore Fox Minerals Corp.

Silvore Fox Minerals Corp. ("SFX") is a Bedford, Nova Scotia, Canada based public mineral exploration company with 100% mineral rights to the claims at Coxheath, Cape Breton Island, Nova Scotia (known as the 'Coxheath Deposit'). SFX has an experienced management and geological team.

The Coxheath deposit model is believed to be analogous to Pacific Rim volcanogenic porphyry copper deposits. Alteration patterns in association with the regional geological setting further suggest a possible model linking the diorite‐hosted porphyry‐style mineralization at Coxheath and an epithermal system approximately 4 km to the east. SFX's option and joint venture agreements for the 'Oceanview', 'Nictaux' and 'Shortliff' properties, strengthens SFX's position as a regional mineral exploration company.

NEITHER THE 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.

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