Wednesday, June 15, 2011

What Investors Need to Know about Junior Gold Stock, Running Fox Resources (TSX-V- RUN)

POINT ROBERTS, Washington, June15, 2011 - www.InvestorIdeas.com, a leader in sector research for investors including gold and mining stocks, issues an investor update for Running Fox Resources, (TSX-V: RUN), (OTC.PK: RFXRF), (FRANKFURT: C8Q).
Running Fox Resources (TSX-V: RUN) was trading at $0.19, up 0.01 (5.56%) at the close of trading June 14 th. Gold closed at $ 1,525.20 up 2.50 +0.16%.
Building the case for gold stocks, a report from Standard Chartered: " Three Factors Will Drive Gold To $5,000″, was circulated on mass online today.
According to the report, "We believe that these factors - limited gold production, buying by central banks and increasing demand from India and China - can potentially drive the gold price to US$5,000/oz, as highlighted in our commodity team’s earlier report, Gold - Super-cycle to extend above US$2,100/oz (17 April 2011). "
Junior gold company Running Fox Resources, (TSX-V: RUN) is betting on its Okanagan Batholith play. The Company’s main property is the Brett Gold Project, situated in the North Okanagan region of Southwest British Columbia. The property is located approximately 29 kilometers West of Vernon in south-central British Columbia on the west side of Okanagan Lake. Vernon is approximately 400 km northeast of the city of Vancouver.
In 1996 a small (291 tonne) bulk sample, from the RW vein and Main Shear Zone, was shipped to Trail and returned an average grade 27.74 gms Au/tonne and 63.7 gms Ag /tonne. Work was stopped in late 1996 and the property was tied up in litigation for several years.
Running Fox Resource Corp. now owns 100% of the advanced and developing Brett Gold and Silver Project in British Columbia, over 50 square kilometers, the majority is royalty free.
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.
Running Fox Resources, (TSX-V: RUN) recently presented in the online mining conference, Follow the Money in Mining and Metals and offered investors a comprehensive overview. The presentation is still archived and free for investors with registration.
Free Investor Sign-Up
http://www.smallcapvoice.com/ii_scv/investor-signup.html
Investors - once you have registered and signed up below - login here
http://www.smallcapvoice.com/mining-conference/
Investor Highlights: What Investors should know about Running Fox Resources (TSX-V- RUN)
Running Fox TSX-V "RUN" 100% Gold and Silver Acquisition
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;
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, s melter receipts:
averaged 28 grams per tonne gold plus64 grams per tonne silver
See website 3D Geological drill hole 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.
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.
Contact the company
Steven Schurman, CEO,
Running Fox Resource Corp.
604 725 8868 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, Learn more: http://www.investorideas.com/MSS/Conference.asp
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Disclosure: The following news is paid for and /or published as information only for our readers. Running Fox Resource Corp. (TSX.V: RUN) averaging $500 per release.
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