
Fox Tungsten CEO provides update on drill program at British Columbia project - ICYMI
Proactive Investors
Published: Aug 02, 2026, 02:14 AM GMT+9
Sentiment Analysis
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) CEO Steve Gray talked with Proactive about the company's fully funded 20,000-metre drill program at the Fox Project in British Columbia's Cariboo region, providing an update on encouraging early-stage drilling observations before assay results are available.
Fox is the highest grade tungsten asset in the world and is located in the Cariboo region of British Columbia. We have a high-grade asset in a great location, and our focus is on growing it. We have a 20,000-metre drill program underway, and although it's still early, we're excited enough by what we're seeing to provide an update.
You have two diamond drill rigs operating. This is a visual update rather than assay results? That's right. We don't have assays yet, but scheelite, the tungsten-bearing mineral, glows under UV light. We don't know the grades yet, but we know the mineralisation is there. We're seeing it consistently in every hole drilled in both the RC Zone and Fox North. It's exciting because it shows the program is working and we've got promising results in the pipelin...
Source: Proactive Investors
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