Running Fox Resource Corp.
TSX VENTURE : RUN
PINK SHEETS : RFXRF

Running Fox Resource Corp.

July 27, 2011 11:53 ET

Running Fox Brett Project Drilling Contract

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 27, 2011) - Steven Schurman, P. Geol. (US), CEO, Director, reports:

Running Fox Resources (TSX VENTURE:RUN) (PINK SHEETS:RFXRF) reports that it has signed a contract with an accomplished diamond drilling company, in preparation for its upcoming drilling program on the north portion of its high grade Brett Gold Project in southwestern BC.

This area has significant gold anomalies but has not yet been drill tested. The target will be the continuation of shear zones that are contiguous to the south which have returned high grade gold intercepts (generally near surface):

DH 87-29 interval- 8.62 meters grading 25 grams per tonne gold;

DH 83-16 interval - 33.5 meters grading 2.53 grams per tonne gold;

DH 87-42 interval - 2.74 meters grading 33.94 grams per tonne gold;

DH 87-46 interval - 15.55 meters grading 2.53 grams per tonne gold;

DH 88-02 interval - 25.92 meters grading 1.68 grams per tonne gold;

DH 88-16 interval - 33.53 meters grading 2.53 grams per tonne gold;

DH 88-17 interval - 6.10 meters grading 15.82 grams per tonne gold;

DH 88-22 interval - 27.74 meters grading 2.88 grams per tonne gold;

DH 88-32 interval - 16.76 meters grading 4.66 grams per tonne gold;

DH 93-12 interval - 10.67 meters grading 3.87 grams per tonne gold;

DH 93-17 interval - 3.05 meters grading 56.16 grams per tonne gold;

DH 93-19 interval - 16.76 meters grading 35.79 grams per tonne gold;

DH 04-01 interval- 10.2 meters grading 5.28 grams per tonne gold;

DH 04-02 interval- 11.6 meters grading 10.39 grams per tonne gold; and,

Importantly DH 04-12 interval 1.3 meters of 176 grams per tonne gold in a new shear zone.

Note: Source for all intercepts are 43-101 Technical Report, and Brett Gold Assessment Report available at www.foxgold.ca and on SEDAR.

Successful Bulk Sample:

Previous Silver and Gold Bulk Sample Processed by Teck Cominco in Canada, smelter receipts averaged 28 grams per tonne gold, plus 64 grams per tonne silver.

See website 3D Geological drillhole movie, 3D Footwall, maps, geochem, and drilling.

Drilling is planned to start the second week of August, after the drilling contractor finishes its existing drill program.

On behalf of the Board of Directors: Steven Schurman, P. Geol (US), CEO, Director, and the named Qualified Person for the technical contents of this news release.

The Company relies on legislation applicable to forward looking statements, seeking safe harbour.

Contact Information

  • Running Fox Resource Corp.
    Steven Schurman, P. Geol (US)
    CEO, Director
    604 725 8868
    www.foxgold.ca