Silvore Fox Minerals Corp.
TSX VENTURE : SFX

Silvore Fox Minerals Corp.

October 07, 2010 14:02 ET

Silvore Fox Minerals Announces Completion of Airborne Survey at the Coxheath Property

HALIFAX, NOVA SCOTIA--(Marketwire - Oct. 7, 2010) - Silvore Fox Minerals Corp. (TSX VENTURE:SFX) (the "Corporation") is pleased to announce the completion of a 436 line-kilometre survey of high resolution AeroTEM IV TDEM, Magnetics and Radiometrics, over the Corporation's 100% owned mineral rights, flagship, Coxheath property.

Aeroquest International Ltd. (Aeroquest), conducted the airborne survey to develop a property-wide, up-to-date geophysical database and to provide additional information regarding several 'zones of interest' in highly prospective, underexplored areas of the property. High priority stockwork style targets are located in the Copper Brook and Mountain Zones, in close proximity to the historical mine workings, while porphyry style (Copper/Moly/Gold) targets are located in the south central (Deep pit, Aquitaine and Central Zones) portion of the Coxheath Property.

The survey also covered previously unexplored 'zones of interest' between the north-eastern section of the property and the main Coxheath deposit area – a distance of 2.5 – 4 km. Additional areas of interest are located in the eastern and southern portion of the property, where the Corporation recently doubled its mineral claim holdings . In the north eastern area, it has been postulated that the combination of the regional geological setting, structural geology, and alteration patterns, may represent a potential epithermal gold system.

According to SFX's geophysical consultant, preliminary results from the survey show good quality, high resolution data which will be used for ongoing interpretation and understanding of the regional geology and structural systems within the Coxheath project area. Upon completion of data processing by Aeroquest, the data will be further analyzed and interpreted by the Corporation's geological team and geophysical consultant.

Harry Cabrita, President and CEO states" I am hopeful that the information from this geophysical survey will further enhance our knowledge of the Coxheath property and that the results, once fully interpreted, should play a significant role in the identification of additional copper/gold/moly targets."

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 recently assembled a world class 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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