Halifax, Nova Scotia -- Silvore Fox Minerals Corp. (TSXV: SFX) (the "Corporation") is pleased to announce the appointment of Andrew Lee Smith, B.Sc., P.Geo., as a director of the Corporation; bringing the total number of Board members to six. Mr. Smith is currently President and Chief Executive Officer of Canaco Resource Inc. (TSXV:CAN) and a Director and Co-Founder of True North Gems (TSXV:TGX).
Mr. Smith has over 20 years of experience in exploring, developing and operating North American base and precious metal mining and gem projects. While working with Aurizon Mines Ltd., between 1985 and 1998, Mr. Smith rose from a supervisory role to becoming the Vice-President of exploration. He was awarded the '1994 Mining Entrepreneur of the Year Award' from the Quebec Prospector's Association for his work overseeing the exploration and development of the Beaufor Gold Project and also received in 2009 a 'Distinguished Alumni' Award from the University of Waterloo, Faculty of Science. Mr. Smith has considerable expertise derived from his experience in exploration, acquisitions, joint ventures and mine development.
Mr. Smith holds a BSc and is a professional geologist as well as a member of the Association of Professional Engineers and Geoscientists of British Columbia.
"The addition of Mr. Smith to our Board of directors further enhances our balance of geological, financial, operational, and strategic skill sets. We believe this will greatly assist the Corporation in the development of our flagship Coxheath Copper/Gold/Moly Porphyry project and with the Corporation's future acquisitions," stated Harry Cabrita, President and CEO of Silvore Fox Minerals Corp. "We welcome Mr. Smith to the team and look forward to his contributions."
The Corporation has granted options to Mr. Smith to acquire 300,000 common shares of the Corporation at an exercise price of 10 cents per common share, which will expire June 8th, 2015.
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 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 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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