Investorideas.com newswire, commentary for mining sector

Friday, May 20, 2011

Gold Stock Profile for Running Fox Resources (TSX-V: RUN); Brett Gold and Silver Project Update

Point Roberts WA - May 20 , 2011 (Investorideas.com Mining Newswire) - www.Investorideas.com a leader in sector research for investors including gold and mining stocks, issues a company snapshot for Canadian mining company Running Fox Resources, (TSX-V: RUN) (TSX VENTURE: RUN; PINK SHEETS: RFXRF; FRANKFURT: C8Q).
Running Fox Resource Corp. (TSX-V: RUN) (US OTC:RFXRF) (FRANKFURT:C8Q) is a Canadian growth-oriented resource company with mineral projects including US uranium and Canadian gold properties, oil and gas assets, and oilfield service operations.www.foxgold.ca
Running Fox (TSX-V:RUN) will be presenting at the upcoming online investor conference hosted by Investorideas.com and SmallCapvoice.com May 25.26 th, ‘Follow the Money in Mining and Metals’
Learn more: http://www.investorideas.com/MSS/Conference.asp
Key Investor Highlights
High grade drill results, strong potential for multi-million ounce gold and silver;
Small market capitalization;
Low outstanding shares;
Low fully diluted shares;
Owns 100 % of gold and silver project;
Canada project, a stable, secure jurisdiction;
Large land package, 54 square kilometres;
Excellent access, road is paved except for 20 kilometres of gravel road;
Bulk sample very successful processed by Teck Cominco, is high grade;
Very good metallurgy, high recovery ratios, .82 ounce gold, 2.2 ounce silver/ton;
Running Fox has no debt with (very small debt in subsidiary);
Running Fox also owns other non-core assets, Alberta oil and gas production, some cash flow;
Running Fox has 53 million outstanding and fully diluted, no warrants/options/no convertibles, just 53 million out and 53 full diluted
RUNNING FOX 100% GOLD AND SILVER ACQUISITION
Running Fox now owns 100% of the Brett Gold and Silver Project, over 50 square kilometres, the majority is royalty free. Cash on hand to start drill programs, the Company also owns other assets. Company geologists are preparing drilling plans to follow-up on the following 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. SILVER AND GOLD BULK SAMPLE PROCESSED BY TECK COMINCO: smelter receipts averaged approx. 28 grams per tonne gold plus 64 grams per tonne silver. 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. Steven Schurman, CEO, 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.
Contact the company
Steven Schurman, CEO,
Running Fox Resource Corp.
604 725 8868 www.foxgold.ca
The Company relies on legislation applicable to forward looking statements, seeking safe harbour.
Published at Investorideas.com and www.Gold-MiningStocks.comand www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including energy and mining stocks, in addition to global markets including China, India, the Middle East and Australia. Investorideas.com is known for its comprehensive stock directories in each sector and sector specific newswires.
Sign up for the free investor news letter and get stock alerts in leading sectors! http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. Running Fox Resource Corp. (TSX.V: RUN) for month of press release services (one thousand five hundred) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
For Additional Information about Investorideas.com energy portals: 800-665-0411 or cvanzant@investorideas.com
Post a Comment

Investorideas.com mining stocks newswire