Running Fox Completes Geochem on Brett Gold Project; Assay Results Are Expected to Be Received during August


VANCOUVER, British Columbia, Aug. 10, 2004 (PRIMEZONE) -- Steven Schurman, CEO, Professional Geologist reports: Running Fox Resource Corp. (TSXV:RUN) (Pink Sheets:RFXRF) is pleased to announce that the field portion of the 2004 Geochemical Sampling Program on the Brett Gold Project located in southeastern British Columbia has been completed. The 4,000 soil and rock samples are being shipped to ACME Assay Laboratory, an independent analytical lab located in Vancouver, B.C. Initial geochemical assay results are expected to be received during August.

At the Company's AGM, on August 2nd, the following were elected as Directors, and thereafter at a Director's Meeting, appointed as Officers of the Company:


 Steven Schurman, Director, Chief Executive Officer, member of Audit 
   Committee
 Michael Meyers, Director, President, member of Audit Committee
 Christopher Loosley, Director, Chief Financial Officer, Secretary
 Wayne Waters, Director, member of Audit Committee

Running Fox and Mosquito Consolidated Gold Mines are actively developing the Brett Gold Project, with further details regarding the 2004 Diamond Drilling Program to follow.

About Running Fox Resource Corp.

Running Fox Resource Corp., is a Vancouver, Canada based resource exploration company which is developing the Brett Project in British Columbia, Canada. The Company reviews other Projects and determines their potential to be advanced with rational amounts of development, and for their ability to add value to shareholder equity and to the corporate entity. Certain significant projects are under review. As reported in the independent NP 43-101 Technical Report (available at www.foxgold.ca) "The last hole drilled on the property Hole 93-19, a reverse circulation hole, returned an intersection of 16.76m grading 35.79 gms Au/tonne (1.045 oz Au/ton) including 3.048 m grading 57.88 gms Au/tonne (1.69 oz Au/ton) and 4.57 m grading 107.88 gms Au/tonne (3.15 oz Au/ton) within the Main Shear Zone."

The Brett Gold Property has 157 drill holes, mostly on the Bonanza Zone which covers only 700 feet of the 4,500 foot Main Shear Zone (traced strike length). To date there are five mineralized gold zones identified on the Brett Gold Property, with an additional untested 25 gold anomalies.

Running Fox is the featured Gold Stock on: Investorideas.com industry research pages for investors following Gold Stocks, Mining Stocks, Precious Metals Stocks, Mineral Exploration/Development and Industry Research at: http://www.investorideas.com/Research/Industries/Gold.asp (# 3 Yahoo Placement for Gold stocks)

For full details click here: www.InvestorIdeas.com/Companies/Running_Fox/NewsReleases.asp

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.

Running Fox Resource Corp. Vancouver Office 604.725.8868 or Gord Zelko, Corporate Development 1.866.580.2032

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



            

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