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 properties previously
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

This announcement contains forward-looking information and forward-looking
statements (collectively "forward-looking information") under applicable
securities laws, relating, but not limited to the Corporation's expectations,
intensions, plans and beliefs. Forward-looking information can often be
identified by forward-looking words such as 'anticipate', 'believe', 'expect',
'goal', 'plan', 'intend', 'estimate', 'may' and 'will' or similar words
suggesting future outcomes or other expectations including future operations and
relations to Winston lake and Pick lake properties and future international
operations. Such forward-looking information is based on current expectations
that involve a number of known and unknown risks and uncertainties that may
cause actual results to differ materially from those expressed or implied by the
forward-looking information. Factors that could cause actual results to differ
materially from any forward-looking information include, but are not limited to,
capital and operating costs varying significantly from estimates, delays in
obtaining or failures to obtain required governmental, environmental or other
project approvals, inflation, delays in the development of projects,
uncertainties relating to the interpretation of the geology, and unanticipated
operational or technical difficulties and other factors. Such forward-looking
information is based on a number of assumptions, including but not limited to,
the availability of skilled labour, availability of equipment, and future
capital and operating costs. Should one or more risks and uncertainties
materialize or should any assumptions prove incorrect, then actual results could
vary materially from those expressed or implied in the forward-looking
information and accordingly, readers are cautioned not to place undue reliance
on this forward-looking information. The Corporation does not assume the
obligation to revise or update this forward-looking information after the date
of this announcement or to revise such information to reflect the occurrence of
future unanticipated events, except as may be required under applicable
securities laws.
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