Silvore Fox Minerals Corp.
TSX VENTURE : SFX

Silvore Fox Minerals Corp.

September 09, 2010 09:38 ET

Silvore Fox Minerals Announces Drill Program at Coxheath Property

HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 9, 2010) - Silvore Fox Minerals Corp. (TSX VENTURE:SFX) (the "Corporation") is pleased to announce the commencement of an extensive diamond drilling program at the Corporation's wholly-owned mineral rights at the Coxheath property. Logan Drilling Ltd. has been contracted to drill 1,500 metres (NQ wireline) of diamond drill core in five to seven holes during this program. Drilling is planned to begin September 11th, 2010. 

A number of drill targets have been generated at the Coxheath Porphyry Copper-Molybdenum Deposit after an extensive reinterpretation of historical data, trenching and re-mapping of mineralized zones this summer. The objective of the 2010 drill program is to test these new targets which are associated with historical mineralized zones drilled during the 1960's by Mariner Mines Ltd. in the Central Zone.

Five drill holes are planned in the newly identified 'Moly Sub-zone' (Central Zone) to drill test copper-molybdenum mineralization and to confirm the orientation of these zones. Up to two additional drill holes are planned to drill test nearby copper-gold mineralization and the orientation of these zones as proposed by the reinterpretation of historical data.

"The recent field visit to Coxheath by our Board of directors was a good opportunity for the newly appointed team to meet and discuss the expansion plans of Silvore Fox," stated Harry Cabrita, President and CEO. "We were able to review the recent exploration efforts to date, and to discuss this next phase of exploration work. These discussions have marked an important step in the Board's understanding of the potential of the property and our strategy to develop it." 

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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