In this Company Update, we are joined by Steve Grey, 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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