SHELTERED OAK RESOURCES CORP. UPDATE ON KERRS GOLD PROPERTY NI 43-101

TORONTO, Feb. 3 /CNW/ -- 
Trading Symbol: TSX-V OAK


TORONTO, Feb. 3 /CNW/ - Sheltered Oak Resources Corp. (OAK or the Company) (TSXV: OAK) announced that the Company expects to file the NI 43-101 Resource
 Estimate on the Kerrs Gold Property before the end of February, 2011.


Phase 5 drilling of the Kerrs Gold Property, located on the western
 shore of Lake Abitibi, northeast of Matheson, Ontario was reported in
 November 2010 (see November 29, 2010 news release for more
 information).


JJ Elkin, President and CEO will be available for meetings on February
 22(nd) in Montreal, February 23(rd) and 24(th) in Toronto and February 25(th) in Vancouver.


Please contact Jennie Guay at [e-mail] if you wish to attend a presentation.


ABOUT SHELTERED OAK RESOURCES CORP.


Sheltered Oak Resources Corp. is focused on mineral exploration
 opportunities within Canada and owns a 100% interest in 42 mining
 claims including one mining lease totaling 4,672 hectares which
 comprise the Kerrs Gold Property, located in the prolific area of the
 Abitibi Greenstone Belt in northeastern Ontario.


There are 71,387,235 issued and outstanding common shares of Sheltered
 Oak Resources Corp.


Should you wish to receive informational updates on Sheltered Oak
 Resources Corp. please contact [e-mail] 


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.


Some statements contained in this release are forward-looking and,
 therefore, involve uncertainties or risks that could cause actual
 results to differ materially.  Such forward-looking statements include
 comments regarding the expectation and timing of the first mineral
 resource estimate. Factors that could cause delays in the computation
 of the resource estimate include: obtaining first order survey control
 on drill hole collars, verifying and validating the geological and
 assay database, availability of independent Qualified Persons to
 execute geometric polygonal and geostatistical estimation methods and
 approvals from regulatory agencies during the NI 43-101 review process
 in advance of public disclosure. OAK disclaims any obligation to update
 forward-looking statements unless required by law.


To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2011/03/c7456.html



table border="1" cellspacing="0" class="cnwBorderedTable"tr valign="top"td align="center"bSheltered Oak Resources Corp./bbr/ J.J Elkinbr/ President and CEObr/ (T) 416-628-5802br/ (F) 416-628-5051br/ (E) a href="mailto:[e-mail]"[e-mail]/a/td td align="center"bSheltered Oak Resources Corp/b.br/ Art Hampsonbr/ Chief Financial Officerbr/ (T) 416-628-5802br/ (F) 416-628-5051br/ (E)a href="mailto:[e-mail]"[e-mail]/a/td td align="center"bCHF Investor Relations/bbr/ Jeanny Sobr/ Director of Operationsbr/ (T)416 868 1079 ext. 225br/ (F)416 868 6198br/ (E)a href="mailto:[e-mail]"[e-mail]/a/td/tr/table

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