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Fox Tungsten - High-Grade Tungsten In BC, ~20k Meter Drill Program This Summer To Grow The Resource

Episode 3389 Published 2 weeks, 5 days ago
Description

In this Company Update, we are joined by Steve Gray, President and CEO of Fox Tungsten (TSX.V: FOXT | OTC: HPYCF). Steve discusses the company’s flagship Fox Tungsten Project, in British Columbia, which currently hosts a high-grade tungsten resource. Following a rebranding and fresh capital injection, the company is moving into a summer drilling season aimed at significantly expanding its resource base.

Key Discussion Points:

  • World-Class Resource Grade: Steve explains the significance of their 1% tungsten grade.
  • Infrastructure and Accessibility: An overview of the project’s location near 100 Mile House, featuring year-round road access and proximity to existing power lines.
  • Summer Drill Program: Details on the upcoming 20,000-meter drill campaign designed to double the historical drilling and fill the gaps between known mineralized zones.
  • Resource and Economics: A look at the company’s timeline for a resource update and Preliminary Economic Assessment (PEA) targeted for early 2027.
  • Management and Financial Position: Steve shares his background with Rio Tinto and Kinross Gold, alongside the company’s $15 million cash position.

 

Click here to visit the Fox Tungsten website to learn more about the company and project - https://foxtungsten.com/ 

 

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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

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