TORONTO, ONTARIO -- (Marketwire) -- 10/17/12 -- Silvore Fox Minerals Corp. (the "Corporation")(TSX VENTURE:SFX) announces that it has granted to its directors, officers, employees, consultants and directors and a consultant of its subsidiaries options to purchase in the aggregate 4,150,000 Common Shares at an exercise price of $0.12 1/2 per share, which options will expire on October 16, 2017.

About Silvore Fox Minerals Corp.

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

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDED (as that term is defined in the Policies of the TSX Venture Exchange) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts:
Wenshan Zhang, Interim President & CEO
(905) 968-1153
[email protected]