August 13, 2012 - 10:22 AM EDT

SFX:CA 0.055 0.00 Today 5d 1m 3m 1y 5y 10y

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TORONTO, ONTARIO -- (Marketwire) -- 08/13/12 -- Silvore Fox Minerals Corp. (the "Corporation" or "Silvore Fox") (TSX VENTURE:SFX) reports results from its Annual General Meeting ("AGM") held August 8, 2012 in Toronto.

The Silvore Fox AGM had 45.49% of shareholders voting represented in person or by proxy. The motion to fix the number of directors of the Corporation at four for the next year was passed, as was the motion to re-appoint KPMG LLP (Canada) as auditors of the Corporation. Voters also elected all four Board of Director nominees set forth in the management information circular. Other business included the approval of the Corporation's stock option plan as required annually by the TSX Venture Exchange.

Two former directors, Dr. Jingbin Wang and Mr. Ronald Goguen, decided to retire from the board this year. Silvore Fox would like to acknowledge their considerable efforts and thank both for their respective valuable contribution to the Corporation.

Silvore Fox President & CEO Harold Cabrita said, "On behalf of Silvore Fox I thank all our shareholders for their continued confidence and patience during these challenging economic conditions for junior exploration companies."

Project Updates

--  The Corporation is currently performing ground checks on the geophysical
    anomalies from the VTEM survey at its Pick Lake high grade zinc
    property.  
    
--  Beijing Donia continues to perform research on the Coxheath property in
    Nova Scotia.  
    
--  Work programs for the 2 copper/gold properties being acquired in Chile
    are still in the development stage as we await formal closure of the
    acquisitions. 

About Silvore Fox Minerals Corp.

Silvore Fox Minerals Corp. is a Canadian public mineral exploration company based in Toronto. We focus on developing base and precious metal exploration projects within our diversified portfolio of properties.

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.

Contacts:
Harry Cabrita
President and CEO
(902) 832-1060
[email protected]