Running Fox Resource Corp.
TSX VENTURE : RUN
FRANKFURT : C8Q
PINK SHEETS : RFXRF

Running Fox Resource Corp.

March 23, 2011 12:15 ET

Running Fox Resource Corp. New Mexico Project Drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 23, 2011) -

Steve Schurman, CEO, Director, reports:

Running Fox Resources, (TSX VENTURE:RUN) (PINK SHEETS:RFXRF) (FRANKFURT:C8Q)

The Company reports that diamond drilling has now started on a multi-hole drill program on Running Fox's 100 % owned New Mexico project located south of Grants, New Mexico. Strategic Resources has optioned the property and is drilling to earn a 50 % interest, and may earn up to a 60 % interest upon delivery of a bankable mine feasibility study.

Running Fox also reports that its acquisition of the remaining 50 % of the Brett Gold and Silver Project is being finalized and Company plans to announce completion soon.

On Behalf of the Board of Directors

Steven Schurman

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