Focused on mineral exploration opportunities within Canada and the United States

100% interest in Kerrs gold property; Phase 5 drill program in Q2 2010; NI 43-101 resource estimate Q3 2010; along strike EXS-v recent high-grade (16.6 g/t Au over 12m) discovery

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Message: SHELTERED OAK RESOURCES CORP. UPDATE ON

KERRS GOLD PROPERTY NI 43-101

cnw




Trading Symbol: TSX-V OAK




TORONTO, Feb. 3 /CNW/ - Sheltered Oak Resources Corp. (OAK or the Company) (TSXV: OAK) announced that the Company expects to file the NI 43-101 Resource
Estimate on the Kerrs Gold Property before the end of February, 2011.


Phase 5 drilling of the Kerrs Gold Property, located on the western
shore of Lake Abitibi, northeast of Matheson, Ontario was reported in
November 2010 (see November 29, 2010 news release for more
information).


JJ Elkin, President and CEO will be available for meetings on February
22nd in Montreal, February 23rd and 24th in Toronto and February 25th in Vancouver.


Please contact Jennie Guay at [email protected] if you wish to attend a presentation.


ABOUT SHELTERED OAK RESOURCES CORP.


Sheltered Oak Resources Corp. is focused on mineral exploration
opportunities within Canada and owns a 100% interest in 42 mining
claims including one mining lease totaling 4,672 hectares which
comprise the Kerrs Gold Property, located in the prolific area of the
Abitibi Greenstone Belt in northeastern Ontario.


There are 71,387,235 issued and outstanding common shares of Sheltered
Oak Resources Corp.


Should you wish to receive informational updates on Sheltered Oak
Resources Corp. please contact [email protected]chfir.com


Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.


Some statements contained in this release are forward-looking and,
therefore, involve uncertainties or risks that could cause actual
results to differ materially. Such forward-looking statements include
comments regarding the expectation and timing of the first mineral
resource estimate. Factors that could cause delays in the computation
of the resource estimate include: obtaining first order survey control
on drill hole collars, verifying and validating the geological and
assay database, availability of independent Qualified Persons to
execute geometric polygonal and geostatistical estimation methods and
approvals from regulatory agencies during the NI 43-101 review process
in advance of public disclosure. OAK disclaims any obligation to update
forward-looking statements unless required by law.




For further information: Sheltered Oak Resources Corp. J.J Elkin President and CEO (T) 416-628-5802 (F) 416-628-5051 (E) [email protected] Sheltered Oak Resources Corp. Art Hampson Chief Financial Officer (T) 416-628-5802 (F) 416-628-5051 (E)[email protected] CHF Investor Relations Jeanny So Director of Operations (T)416 868 1079 ext. 225 (F)416 868 6198 (E)[email protected]

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