Silvore Fox Minerals Corp (TSX VENTURE: SFX.). Mr. Harold Cabrita, President & CEO of Silvore Fox Minerals Corp. (SFX or the Corporation), is pleased to announce an update at the Corporation's 100% owned mineral rights at Coxheath and at the Corporation's Joint Venture Property at Oceanview, Cape Breton Island, Nova Scotia.

The objectives of the limited 2009 winter drilling were to meet 2009 Flow-through commitments and earn-in commitments at the Oceanview Property. At Coxheath, the focus of the drill program was to drill test the continuity of mineralization extending below Shaft #3 (Mountain Zone) to extend a zone of mineralization cut in MM35 (45 to 100m vertical depth) that ran 0.64% copper over 19.8m (Mountain Zone) and to extend known mineralized zones in the Copper Brook Area. At Oceanview, one significant IP anomaly was selected to be drill tested that occurred beneath a mineralized zone at the Copper Lake Shaft.
   
Two distinct styles of mineralization occur on the Coxheath Property; high-grade quartz-tourmaline veins/stockwork in structurally controlled zones (Copper Brook & Mountain Zones) and low-grade disseminated sheeted-vein systems that are typical of copper-molybdenum-gold porphyry deposits (Deep Pit, Central and Argyle/Aquitaine Zones). While most historical work focussed on the high-grade zones, SFX is evaluating both of these complementary styles of mineralization as part of their overall exploration strategy.
A historical non 43-101 compliant resource potential estimate was calculated by Bayne in 1963 (see website for more details), for a small area of the Copper Brook Zone. His "indicated" estimate was ~100,000 tons of ore @ 3.145% with a "resource potential" of ~400,000 tons for this zone based on geological mapping, sampling and limited drilling. Results from underground sampling by the Nova Scotia Department of Mines in 1947 (selection of results in following table) were also used in the calculation of the resource estimate by Bayne.


Sample Num.    Length (inches)              Cu (%)    Mine Level    
    93                 48                       2.24               120    
    96                 48                       0.78               120    
    101                 42                       1.93              120    
    102                 42                       2.48               120    
    98                 36                       0.87               120
    99                  42                       1.18               120
    100                 30                       0.93               120
    94                 42                       3.11               140
    95                 48                       3.21               140      
    97                 66                       1.99               140        
    104                 72                       5.38               140    
    92                 36                       1.09               140
    86               54                    2.15            190
    87               54                    0.81            190
    89               54                    1.09            190
    90               42                    3.58            190
    85               36                    0.96            190
    66               41                    3.11            260
    21               36                    6.0             260
    52               53                    1.34            260
    68               48                    1.93            260
    69               48                    1.1             260
    8                24                    8.76            260
    9                36                    0.44            260
    73               54                    4.95            260
    82               54                    3.02            260
    69               48                    1.10            260
    22               36                    10.0            340
    25               42                    1.72            340
    26               48                    2.83            340
    28               48                    3.58            340
    30               45                    4.74            340
    33               48                    1.37            340
    38               36                    3.98            340
    27               36                    1.31            340
    37               54                    0.28            340


Coxheath Drilling
To further explore the potential of these high-grade zones, SFX proposed drilling at two areas: 1) the Mountain Zone where stockwork mineralization occurs around Shaft #3; and 2) the south eastern boundary of the Copper brook Zone. A bulk sample from the Shaft #3 dump material returned 1.15% Cu, 8 g Ag and 0.05% Zn. Chargeability anomalies in the vicinity of Shaft #3, Shaft #4 and Shaft #5 (Mountain Zone) were targeted for drilling to test the nature of IP anomalies, to better understand the mineralogical/alteration relationships as they relate to IP response and to try to unravel the complex structural controls of stockwork mineralization in the Mountain Zone. Approximately 800 metres of NQ core were drilled in four holes in the Mountain Zone by Maritime Diamond Drilling Limited of Hilden, Nova Scotia. While all holes intersected various amounts of mineralization, factors such as extensive dyking and faulting may have affected the drilling results.
A further three holes, totalling 730m were drilled on the south eastern boundary of the Copper Brook Zone to test a deep chargeability anomaly, the continuity of mineralized zones and to map geological contacts/structure at depth. A tourmaline /sulphide bearing zone within the volcanics was intersected in CR 70, which is postulated to be the upper level of the 'C Zone'. CR 71 was drilled to test the continuity of the E Zone cut in CR 57 and CR72 was drilled to test a zone of mineralization encountered south east of Shaft #2 where a ~30m long trench was excavated during the bulk sampling of the C Zone, exposing multiple zones of copper mineralization. It is clear that there is considerable variability in the distribution of the stockwork-style mineralization in the Mountain Zone. While high grade, these zones are elusive and require further detailed study to identify additional economic potential that could add to the overall potential of the Coxheath Deposit. An ongoing refinement of the understanding of the structural geology coupled with a new interpretation of IP and associated magnetic data and drilling data will enhance exploration efforts in this area. Selected results include:


CR 66

From(m)    To(m)    Width(m)  Incl    Cu%    Ag(ppm)    Au(ppm)    Co(ppm)
107.3    108.3    1         0.30    1.50    0.008    21
137.2    139.2    2        0.06    0.55    Trace    43.60
159.2    164.2    5        0.07    1.41    0.0100    31.04
194    195    1        0.14    3.30    0.008    32

CR 67
From(m)    To(m)    Width(m)  Incl    Cu%    Ag(ppm)    Au(ppm)    Co(ppm)
111.9    113.9    2         0.12    2.435    0.0075    17.52
161    163    2         0.08    0.715    0.0075    35.85
165    167    2         0.07    0.415    0.0065    33.15

CR 68
From(m)    To(m)    Width(m) Incl    Cu%    Ag(ppm)    Au(ppm)    Co(ppm)
83.3    84.3    1        0.11    0.4    0.006    39
99.2    100.2    1        0.06    0.3    0.005    32

CR 70
From(m)    To(m) Width(m)    Incl    Cu%    Ag(ppm)    Au(ppm)    Co(ppm)
66    69    3        0.12    12.06    0.0477    70.57
66    68    2    Incl    0.15    17.48    0.0715    72.15
148    155    7        0.39    1.06    Trace    65.89
152    154    2    Incl    1.05    2.19    0.2025    153.80

CR72
From(m)    To(m) Width(m)    Incl    Cu%    Ag(ppm)    Au(ppm)    Co(ppm)
20    26    6        0.25    13.44    0.0365    111.43
20    23    3    Incl    0.32    9.44    0.0440    153.17
35    44    9        0.27    1.76    0.0180    33.81
35    41    6    Incl    0.37    2.49    0.0255    43.65
36    41    5    Incl    0.41    2.49    0.0276    44.68
*Note: Samples not analyzed yet for CR 69 or CR 71.


Oceanview Drilling
Approximately 494m of NQ core were drilled in two holes at Oceanview by Maritime Diamond Drilling Limited of Hilden, Nova Scotia to meet Joint Venture earn in commitments.  A chargeability anomaly associated with mineralization at the Copper Lake Shaft was the target. Grab samples from the ore dump ran 3-6% Cu, with one recent analysis returning 6% Cu, 40g Ag, elevated Co and Au.
Problems drilling CL 1 led to the abandoning of the hole at 88m before reaching the IP target. Subsequently, CL 2 was drilled at the same target and cut through a strong chargeability anomaly that extends to at least 500m depth (limit of survey). Selected intersections include:

From(m)    To(m)    Incl  Width(m)   Cu%    Ag(ppm)    Au(ppm)    Zn%    Pb%
31.5    74         42.5    0.21%    3.24     Trace    0.05    0.010
33.5    48.1    Incl    14.6    0.36%    4.79    Trace    0.07    0.017
33.5    38.5    Incl    5    0.60%    7.04    0.022    0.08    0.026
34.5    37.5    Incl    3    0.91%    10.43    0.027    0.12    0.040
43.1    48.1    Incl    5    0.38%    2.74    0.011    0.038    0.002
52    58    Incl    6    0.11%    1.65    0.011    0.016    0.002
60    64    Incl    4    0.39%    5.92    0.009    0.038    0.002
71    74    Incl    3    0.40%    8.46    0.015    0.046    0.024
79    84         5    0.15%    2.42    Trace    0.024    0.003
95.8    99.8         4    0.10%    1.84    Trace    0.018    0.001
100.5    109.2         8.7    0.22%    5.10    Trace    0.074    0.007
344    346         2    0.04%    0.19    Trace    0.012    0.002

SFX is encouraged that these drilling results may potentially be indicators of significant mineralized zones being outlined here.  Historic deeper drilling in the Copper Lake area has shown increases in Au, Co and Sn at depth.  

The Oceanview Property is a base-metal skarn deposit (with silver, tin, cobalt and gold). The property is situated among major geological features that make this property very attractive for further work. Geophysical work conducted in 2007 identified several significant IP anomalies.

Fred Bonner, P. Geo., is the qualified person as defined by National Instrument 43-101 who has reviewed and approved the technical information of this news release.


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 internationally 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 further recent option and joint venture agreements for the 'Oceanview', 'Nictaux' and 'Shortliff' properties, strengthens SFX's position as a regional mineral exploration company.

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