TORONTO, ONTARIO--(Marketwire - Dec. 9, 2011) - Silvore Fox Minerals Corp. 
(the "Corporation" or "Silvore Fox")(TSX VENTURE:SFX) announces the first 
assay results from due diligence drilling in Chile.
 
                As part of its due diligence process before finalizing the 
purchase from Sinotech Mineral Exploration Chile Limitada ("Sinotech)"of the 
100% interest in two Gold with Copper exploration properties in Chile, 
Silvore Fox has continued the programs initiated by Sinotech and performed 
the following geological work on the two properties:
 
                  Totora Property:
 
 
                A test drill program was designed to test targets within two 
prominent vein systems in a shear structure traceable for approximately five 
kilometers. These were identified by mapping and geophysical work carried 
out earlier by Sinotech. The June magnetic survey covering a large portion 
of the mapped vein systems suggests the presence of buried extensions of the 
quartz diorite intrusive at shallow depths below the prominent shear 
structures. The margins of the intrusions appear to be controlled by 
faulting. Two IP profiles across the area suggested five target anomalies of 
which 4 coincide with known veins. On surface these vary from 2 to 50 meters 
in width around some of the old surface workings.
 
                Silvore Fox has completed one drill hole testing one of 
these structures and has received encouraging assay results with highlights 
as follows:
 
                The hole intersected two veins. One from 65.35 to 66.75m 
graded 1.3 g/t gold and 1.49% copper over the 1.4m.
 
 
The second zone, of 9.4 meters from 147.4m to 156.8m, graded 0.84 g/t gold 
and 0.35% copper and represents three distinct mineralized portions 
including narrow waste bands. The higher grade central core of this vein 
system from 150.4m to 153.25m graded 2.28g/t gold and 0.90% copper over 2.85 
meters. Values within the mineralized portions ranged from 0.11 to 4.73g/t 
gold and 0.07 to 2.16% copper.
 
 
The true thickness of the above material is not as yet determined and the 
minimum sample size was 1meter.
 
 
Sample preparation and assaying was carried out by the accredited Santiago 
based branch of Acme Analytical Labs.
 
 
 
                  Harvest Property:
 
 
 
 
The pole-dipole IP coverage along lines spaced at 200 meters over a 3600m by 
120m grid is completed. This covers target areas within the gold and copper 
vein systems earlier outlined through mapping and ground magnetics by 
Sinotech. Interpretation of the results is in progress and to date has 
determined three drill targets.
 
 
Roscoe Postle and Associates of Toronto have been retained Silvore Fox to 
prepare a NI43-101 report on the two properties and to assess the valuation 
being used in the acquisition transaction.
 
 
 
                  Management Comments
 
 
 
 
"To the best our knowledge, this was the first hole ever drilled on the 
Totora Property. The drill location is in the north part of a possible five 
kilometers long alteration zone. We expected to hit gold and copper and we 
did. Further drilling is designed and planned to delineate the grade, 
vertical and lateral extent of the veins and other prime target areas on 
both the Totora and Harvest properties.
 
 
An additional permit was required to continue the drilling program on the 
Totora Property and we expect to receive this in due course. Additionally we 
wish to form agreements with surface owners for continued access and road 
construction arrangements. We will make an announcement about the start up 
of further drilling upon the completion of the above."
 
 
- Mr. Harold Cabrita, President and CEO
 
 
Ian Chisholm, PEng, a qualified person as defined by National Instrument 
43-101, has reviewed and approved the technical information contained in 
this news release.
 
 
 
                  About Silvore Fox Minerals Corp.
 
 
 
 
Silvore Fox Minerals Corp. is a Canadian public mineral exploration company 
based in Toronto. We are focused on both base and precious metal exploration 
projects within a diversified portfolio of properties that attempts to 
minimize political risk without limiting potential returns for our 
shareholders.
 
 
Harry Cabrita, President and CEO