Running Fox Resource Corp V.RUN.H

RE: More properties

[demaule]

In the news release issued February 1 about the 200 Prospective Uranium Claims there is the following statement. "Several other uranium properties and projects are being targeted by Running Fox." The answer to your question then is probably "Yes". Incidentally, since the news on the uranium front is a little scanty I thought I would snoop around the internet. On the NFLD & LBDR provincial website I found that the cost of staking 200 mineral claims in Labradour is $12,000 and you can do it over the internet without leaving your office. The carrying costs are relatively light. An additional expenditure of $150 per claim first year is sufficient to maintain the claims after which the claims can be grouped. In subsequent years the expenditure requirements on a group of 200 claims increases by about $10k a year. Note that compared to other junior uranium explorers operating in the Central Mineral Belt of Labradour 200 mineral claims is a tiny land holding. So, based on the information we have been given so far, the uranium play could be as little as that or it could be a lot more...no way to know until more info comes out.