Sheltered Oak Resources Corp. ("OAK" or "the Company") (TSX VENTURE:OAK)
announced drilling results today from the first six holes completed on the Kerrs
Gold Deposit located on its 100% controlled Kerrs Property and the adjacent
property in the East Timmins Gold Camp.


Highlights from these results in the Kerrs Gold Deposit are:

SECTION 1200N: 



--  DDH K - 11 - 44: KBX ZONE: 5.64 m averaging 3.37 g/t Au 
--  DDH K - 11 - 45 : KBX ZONE : 5.00 m averaging 4.69 g/t Au 



SECTION 1100N: 



--  DDH K - 11 - 46 : KBX ZONE : 4.92 m averaging 4.11 g/t Au 



SECTION 1400N: 



--  DDH K - 11 - 47 : ALTERATION ZONE : 4.7 m averaging 1.54 g/t Au 



EXPLORATION DRILLING SUMMARY

From June 29, 2011, to September 1, 2011, a total of fifteen (15) holes have
been drilled totalling 6,117 metres. Nine definition holes have been targeted
for in-filling to improve the spacing distance between intercepts on higher
grade sections of the Kerrs Quartz Carbonate Breccia Zone (KBX Zone) hosted in
the Kerrs Gold Deposit. Drill holes K-11-44, 45, 46 and 47 focused on sections
1100N, 1200N and 1400N; and their assay composite results are reported in the
table below which includes adjacent historical holes on each section for grade
continuity purposes. 


Reconnaissance Holes K-11-53 and 54 tested a 1,699 m long parallel structure
supported by MMI geochemical anomalies. A quartz-carbonate shear zone was
intersected in both holes confirming the geophysical and geochemical
interpretation, however, no mineralization was encountered.


Four holes have been completed on the adjoining property under option from
Goldcorp Canada Ltd. and Goldcorp Inc. targeting the extension of the Kerrs Gold
deposit hosted in similar volcanic stratigraphy observed as an arc-shaped fold
geometry which is interpreted from regional airborne magnetic surveys. Assays
are pending for these holes.


Five extensional drill holes have been completed on sections 1500N, 1600N and
1700N and have successfully extended the KBX Zone along strike and to depth.
Assays are pending for these holes. 




The exploration drilling results for K-11-44, 45, 46 and 47 are outlined as 
 follows:                                                                   
                                                                            
----------------------------------------------------------------------------
                                                             Comp. Intercept
Drill         Drill     From       To  Interval           Grade Au   Spacing
Section        Hole      (m)      (m)       (i)  Tr_Thick    (g/t)       (m)
----------------------------------------------------------------------------
1100N       K-87-16    304.8    333.1     28.35      9.60     1.17        67
----------------------------------------------------------------------------
1100N       K-05-01    372.0    385.7     13.70      4.80     4.02       104
----------------------------------------------------------------------------
1100N       K-11-46    327.0    333.0      6.00      4.92     4.11       125
----------------------------------------------------------------------------
1100N      K-09-22B    441.6    447.2      5.60      5.10     2.45       185
----------------------------------------------------------------------------
1100N       K-09-25    372.5      383     10.50      9.60     0.88          
----------------------------------------------------------------------------
1200N       K-05-02   254.12   260.21      6.09      6.09     1.52         7
----------------------------------------------------------------------------
1200N       K-05-04   249.00   254.25      5.25      4.36     0.69        36
----------------------------------------------------------------------------
1200N       K-08-18    276.4    288.0     11.60      9.05     1.43        84
----------------------------------------------------------------------------
1200N       K-08-17    353.0    361.0      8.00      7.52     2.80        75
----------------------------------------------------------------------------
1200N       K-11-44    380.0    386.0      6.00      5.64     3.37        78
----------------------------------------------------------------------------
1200N       K-05-07    421.0    431.3     10.30     10.09     2.90        92
----------------------------------------------------------------------------
1200N       K-11-45    401.8    407.1      5.30      5.00     4.69        90
----------------------------------------------------------------------------
1200N       K-06-08    430.6    436.2      5.60      5.26     0.64          
----------------------------------------------------------------------------
1400N       K-10-36    301.8    308.4      6.60      5.87     0.85        98
----------------------------------------------------------------------------
1400N       K-10-35    324.0    330.0      6.00      5.52     2.28        87
----------------------------------------------------------------------------
1400N      K-06-12B    428.2    436.0      7.80      7.18     2.67       126
----------------------------------------------------------------------------
1400N       K-11-47    358.0    362.7      4.70      3.90     1.54   186(ii)
----------------------------------------------------------------------------
1400N       K-06-10    511.3    518.0      6.70      6.16     2.19          
----------------------------------------------------------------------------
(i) All intervals are represented as down-hole core lengths. True widths(TW)
 are corrected by 35% to 95% of core length. The intercept spacing is the   
 distance between the drill hole pierce points in the KBX Zone measured from
 the midpoint of each composite grade interval in the downdip Azimuth       
 direction of 130 degrees.                                                  
                                                                            
                                                                            
(ii) The intercept in K-11-47 may be a secondary zone overlying the KBX     
 Zone; the drill hole will be deepened to a depth of 550 to 600 metres to   
 test for the KBX Zone which is interpreted to be steeper dipping on this   
 section.                                                                   



Quality Assurance and Quality Control 

The Phase 6 diamond drilling program involving geological core logging, sampling
and drilling logistics is supervised by Peter Hubacheck, P.Geo. (APGO) providing
geological management via Hubacheck Consulting Geologists (HCG), an affiliate of
W. A. Hubacheck Consultants Ltd. Peter Hubacheck is a Qualified Person as
defined by NI 43-101 and has reviewed and authorized the geotechnical material
in this news release. Drill core processing includes descriptive logging,
geotech logging, photographing and selection of drill core intervals to be cut
assay samples and geochemical analyses. The NQ-size core was cut in two halves
using stationary rock saws at a secure core processing facility located on the
Wahgoshig First Nations IR70 Reserve on Abitibi Lake, Ontario. One-half of the
core was delivered to the sample preparation lab of AGAT Laboratory in Sudbury
where each 5 kg sample was crushed to 75% passing 2 mm, split to 250g and
pulverized to 85% passing -230 mesh. These pulps were then shipped to AGAT
Laboratory in Mississauga, Ontario for analyses. The gold assaying method uses a
standard Fire Assay with AAS finish on a 50-gram pulp material taken from a 250
g split from the submitted sample as well as duplicate assays performed on a
separate 250 g split for every ten samples for lab quality control. Each pulp
was also analysed for 43 trace elements using Aqua Regia Digest with ICP-OES
finish. In addition, specific gravity determinations for each pulp employed the
pychnometer method. Commercially prepared standards and blanks were inserted by
the project QP every 10 samples to insure precision of the results. Levert
Drilling from Sudbury and Crites Drilling from Timmins are the contracted
drillers for the Kerrs Property with drill logistics management sub-contracted
to Abitibi 70 Exploration Services from Matheson.


ABOUT SHELTERED OAK RESOURCES CORP.

Sheltered Oak Resources Corp. is focused on mineral exploration opportunities
within Canada and owns a 100% interest in 27 mining claims including 12 mining
lease totaling 4,176 hectares which comprise the Kerrs Gold Property, located
east of Matheson in the prolific area of the Abitibi Greenstone Belt in
northeastern Ontario. The Company has also acquired an option to earn a 60%
interest in 46 mining leases comprising the adjacent property from Goldcorp
Canada Ltd. and Goldcorp Inc.


Should you wish to receive informational updates on Sheltered Oak Resources
Corp. please contact jennie@chfir.com. 


Some statements contained in this news 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 timely disclosure of the results of a diamond drilling
program. Factors that could cause delays in reporting the exploration drilling
results include: verifying and validating the geological logging, modelling and
assay lab QA/QC protocols, verifying and validating the drill hole location
co-ordinates and downhole surveys. Although OAK has attempted to identify
important factors that could cause actual actions, events or results may differ
materially from those described in forward-looking statements, there may be
other factors that cause actions, events or results not to be as anticipated,
estimated or intended. Readers should not place undue reliance on any
forward-looking statements. OAK disclaims any obligation to update
forward-looking statements unless required by law.
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