Running Fox TSX-V “RUN” 100% Gold and Silver Acquisition

Running Fox Resource Corp. now owns 100% of the advanced and developing Brett Gold and Silver Project in British Columbia, over 50 square kilometres, the majority is royalty free.

Cash on hand to start drill programs. 54 Million shares outstanding.

The Company also has cash flow from non-core oil and gas project in Alberta.

Company geologists are preparing drilling plans to follow-up on the following gold intersections:

DH 87-29 interval- 8.62 meters grading 25 grams per tonne gold;

DH 83-16 interval - 33.5 meters grading 2.53 grams per tonne gold;

DH 87-42 interval - 2.74 meters grading 33.94 grams per tonne gold;

DH 87-46 interval - 15.55 meters grading 2.53 grams per tonne gold;

DH 88-02 interval - 25.92 meters grading 1.68 grams per tonne gold;

DH 88-16 interval - 33.53 meters grading 2.53 grams per tonne gold;

DH 88-17 interval - 6.10 meters grading 15.82 grams per tonne gold;

DH 88-22 interval - 27.74 meters grading 2.88 grams per tonne gold;

DH 88-32 interval - 16.76 meters grading 4.66 grams per tonne gold;

DH 93-12 interval - 10.67 meters grading 3.87 grams per tonne gold;

DH 93-17 interval - 3.05 meters grading 56.16 grams per tonne gold;

DH 93-19 interval - 16.76 meters grading 35.79 grams per tonne gold;

DH 04-01 interval- 10.2 meters grading 5.28 grams per tonne gold;

DH 04-02 interval- 11.6 meters grading 10.39 grams per tonne gold; and,

Importantly DH 04-12 interval 1.3 meters of 176 grams per tonne gold in a new shear zone.

These drill intercepts include the gold only, but there is also SILVER.

Successful Bulk Sample

Silver and Gold Bulk Sample Processed by Teck Cominco in Canada, smelter receipts:

averaged 28 grams per tonne gold plus 64 grams per tonne silver

See website 3D Geological drillhole movie, 3D Footwall, complete maps, geochem, and drilling.

Significant early stage block calculations on a small portion of one shear zone-- and there are numerous shear zones, running under large undrilled geochem zones with good gold values.

The 2004 soil geochemical survey identified numerous and as yet untested gold in soil anomalies as much as 2,000 meters north of the Main Shear Zone drilling which appear to trend in the same northeast and northwest direction as the gold mineralization found in the shear zones around the Main Shear Zone.

Gold mineralization found in a road cut 3,000 meters north of the Main Shear Zone drilling assayed 9.5 grams per tonne gold.

Running Fox geologists conclude that the Brett Gold and Silver Project has many untested soil anomalies representing significant exploration targets that are similar in geology and grade of gold mineralization to that found around the Main Shear Zone, which is also open along strike and depth.

Running Fox is planning a 2011 exploration campaign at the Brett property that will also include drilling and trenching of soil anomalies, as the prior program opened up large areas for exploration and the development of additional gold bearing zones.

Also See “Top 40 Gold Intercepts” on website. In management's opinion, Running Fox is very undervalued and a strategic marketing campaign will be endorsed along with upcoming drilling.

Steven Schurman, Director, Professional Geologist (US), Qualified Person for technical content. Note: source for intercepts are 43-101 Technical Report, and Brett Gold Assessment Report on website and SEDAR.


With gold prices rising, the Project offers significant upside. Industry veterans will be taking notice of the property as the gold project consolidation in the industry continues. 


 

 


see Top 40 Drillholes under Gold tab http://www.foxgold.ca/images/40holes.jpg


Cash Flow with Mineral Discovery Upside: revenue from oilfield services and secondarily from natural gas production. Combining natural gas sales and its energy sector field service revenues, means that Running Fox has a strong platform for growth. (past results are not indicative of future results)


Running Fox is seeking more experienced personnel/professionals, if you have resource industry skills and knowledge, or mineral exploration experience and education, P.Geology etc., please email your cv/resume to info@foxgold.ca Only those applicants with suitable skills will be contacted.
If you have a resource project and want to advance it, call to discuss and/or email.

Running Fox owns other Non-Core Assets including:

 

Alberta Natural Gas Producing Project

Running Fox Alberta Natural Gas Production in SouthWest Alberta
interest in up to 28 Sections or up to approx. 17,500 acres, 28 Square Miles of the well-known Pincher Creek Gas Field.
The first well in the Project is a horizontal directional drilling well and has been drilled and completed. The Company plans to drill and complete further wells this season on its Pincher Creek Gas Field Project (28 Square Miles) with numerous 3D seismic defined downspacing drill targets, severaldevelopment targets, recompletion opportunities, and exploration targets.

These can be very long-life wells with a possible productive capacity of over 40 years, during which gas prices will rise significantly. Further wells will add to the project value, especially some inexpensive Blairmore frac completions for sweet gas and 38 degree API oil. That prospective Blairmore zone is under all of 28 Sections of land in SouthWest Alberta. The Pincher Creek Gas Field project is located 10 miles from the Montana, U.S. border.

The area is prospective for the Bakken formation which has been identified to the East and South.

Shale: a new black shale, natural gas production opportunity appears to be developing in southwest Alberta where Running Fox has an interest in the 28 square mile Pincher Creek Natural Gas Project.

BRITISH COLUMBIA, BRETT GOLD PROJECT

DISCLAIMER
This Website may contain certain forward-looking statements. Forward-looking statements include but are not limited to those with respect to the price of commodities, the estimation of mineral resources and reserves, the timing and amount of estimated future cash flows, costs of production, capital expenditures, costs and timing of the development of new projects, success of exploration activities, permitting time lines, currency fluctuations, requirements for additional capital, Government regulation of Company operations, environmental risks, unanticipated expenses, title disputes or claims and limitations on insurance coverage and the timing and possible outcome of possible litigation.  Accordingly, readers should not place undue reliance on forward-looking statements. Additionally, past results are not indicative of future results.

Gold Development- Brett Gold Project, Okanagan Valley, British Columbia. Canada Gold Mining Canada Silver Mining Gold Concentrator

 

 




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