Fox Tungsten expands mineralized zones in British Columbia drilling program

Fox Tungsten Ltd ( TSX-V:FOXT OTC:HPYCF ) View Price & Profile Fox Tungsten expands mineralized zones in British Columbia drilling program Published: 09:14 28 Jul 2026 EDT Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) said drilling at its fully funded 20,000 metre program at the Fox project in British Columbia has intersected visible scheelite mineralization in multiple target areas, including several previously unrecognized parallel mineralized zones at Fox North. Analytical results have not yet been received, but visual observations from drilling completed to date indicate the exploration program is successfully expanding the mineralized system, the company said. At Fox North, drilling intersected multiple new parallel mineralized zones located between 375 metres and 675 metres west of the BK Zone. Scheelite was observed in all three exploration holes completed at Fox North and in all seven RC resource expansion holes drilled to date. Two diamond drill rigs are operating, and the program is progressing on schedule, with initial assay results expected in the coming weeks. Fox Tungsten is home to one of the highest-grade tungsten resources in the western world across a 12-by-5-kilometre mineral system. The company said the new zones strengthen its geological model of the Fox deposit as a series of stacked, parallel tungsten-bearing zones and support the potential for significant expansion of the current mineral resource. Fox Tungsten CEO Steve Gray said the results were “very encouraging.” "Early drilling continues to validate our geological model, with new parallel mineralized zones identified at Fox North and continued expansion of the RC Zone,” Gray said in a statement...