VANCOUVER, British Columbia, Feb. 1, 2007 (PRIME NEWSWIRE) -- Running Fox (Pink Sheets:RFXRF) (TSX-V:RUN) has acquired 200 mineral claims in the Central Mineral Belt of Labrador. Each of the 100%-owned Running Fox staked claims is half a kilometer long by half a kilometer wide. Data assessment and technical analysis will be followed by mapping and preparation for a spring exploration season. Property maps will soon be available on the website at www.foxgold.ca
The Central Mineral Belt (CMB) of Labrador, Canada, has a long history of uranium and base metals exploration since the 1950s, and several uranium deposits were discovered in the 1960s and 1970s including the Kitts, the Michelin, the Inda, the Nash, the Rainbow and the Moran Lake uranium deposits. Property maps will be available on the website at www.foxgold.ca
Several other uranium properties and projects are being targeted by Running Fox.
Running Fox is a Canadian exploration and production company with three divisions:
1. Oil and Natural Gas Exploration and Production;
2. Energy Sector Oilfield Services, Construction and Technology; and
3. Mineral Exploration: Uranium and an Advanced High-Grade Gold Project
in British Columbia.
First nine months consolidated revenues were $5.150 million, with more cash-flowing acquisitions and developments targeted, including new technologies.
On behalf of the Board of Directors: Steven Schurman, CEO, P.Geol (US)
The Company relies on legislation for forward looking statements, seeking safe harbour.