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BEDFORD, NOVA SCOTIA, Apr 11, 2011 (MARKETWIRE via COMTEX News Network) --
Silvore Fox Minerals Corp. (the "Corporation" or "Silvore Fox")(TSX VENTURE: SFX) is pleased to announce that is has successfully completed staking operations in the available areas surrounding, and/or contiguous to, the
propertiespreviously optioned from Orebot Inc. ("Orebot") as announced through Stockwatch on February 8, 2011.
At this time Silvore Fox has registered 543 units, or 8,688 hectares, of claims in the Winston
Lake area near Schreiber, ON. Some claims were registered directly into Silvore Fox`s name while others had to temporarily be registered by a third party on behalf of Silvore Fox prior to the Corporation receiving its own Ontario claims number. Silvore Fox is in the process of having claims for all 543 units registered in its name. Including the 848 ha optioned from Orebot, Silvore Fox now controls 9,536 ha of claims in the area, all with 100% interest and no NSR (net smelter royalty).
A map is available at the following address: http://media3.marketwire.com/docs/silvorefox0411_big.jpg
Map: Silvore Fox's new claim area (light blue) surrounds the previously optioned Orebot/SFX claim area (purple) and Inmet Mining's current claims (pink), over which Inmet retains control.
Existing geological and geophysical data was used to determine possible trends and high priority target areas surrounding the optioned Orebot properties over the past two months.
Vice President of Exploration for Silvore Fox Minerals, Dr. "Oliver" Zhenquan Gao described the motivation behind the additional claim staking in the area as follows: "VMS systems such as exists in the Winston Lake area can typically produce clusters of deposits in relatively close proximity to each other. Our goal is to find the primary, or source deposit, for the Pick Lake deposit within our claims area, or to discover other large tonnage deposits of a similarly high grade. Our review of the existing data available identified several high priority claims in the area that have now been staked by Silvore Fox. The size of the land package we have staked is indicative of the potential we see in this area."
Mr. Dave Owens P.Geo, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
According to Mr. Cabrita the significance of the Winston Lake transaction goes beyond the land package itself: "The
option agreement for Winston Lake is the first transaction we have closed since the signing of a strategic partnership agreement with Beijing Donia Resource Co. Ltd ("Donia") on November 17, 2010. It marks an important time in our company's history as we begin the transition from a provincial organization to what we expect will become a multi-property company with operations in Canada and internationally."
Beijing Donia becomes Largest Single Shareholder of Silvore Fox Minerals
In other corporate news Silvore Fox Minerals Corp has been notified by its largest shareholder, Sino Minerals Corp, that it has distributed all of its shares of Silvore Fox to its shareholders, and that as result Beijing Donia Resources Co. Ltd will take direct ownership of 39,853,772 shares of Silvore Fox currently held by Sino Minerals Corp and will subsequently become the single largest shareholder of Silvore Fox with total holdings of 30.2%.
Harry Cabrita
President and CEO
Dr. Jingbin Wang
Chairman

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