
businessJul 29, 20263:08pending
Fox Tungsten intersects visible Scheelite across multiple drill targets at Fox project
About this episode
Fox Tungsten CEO Steve Gray joined Steve Darling from Proactive to provide an update on the company's fully funded 20,000-metre diamond drill program at the Fox Project in British Columbia, where drilling has intersected visible scheelite mineralization across multiple target areas.
Gray said that while analytical assay results are still pending, visual observations from the drilling campaign are encouraging and suggest the exploration program is successfully expanding the project's mineralized footprint. The company has also identified several previously unrecognized parallel mineralized zones at the Fox North target.
Visible scheelite has been observed in 100% of the exploration holes completed at Fox North, as well as in all seven reverse circulation resource expansion holes drilled to date, providing further confidence in the continuity of mineralization.
Fox Tungsten continues to operate two diamond drill rigs as part of the ongoing 20,000-metre program. Initial assay results are expected in the coming weeks and will provide further insight into the grade and extent of the mineralized zones.
Management believes the early drilling results reinforce the potential to expand the Fox Project's tungsten resource and further define one of North America's emerging critical minerals assets.
#proactiveinvestors #happycreekmineralsltd #tsxv #foxt #Tungsten #FoxTungsten #TungstenProject #Mining #CriticalMinerals #Tungsten #BritishColumbia #Drilling #ResourceDevelopment #MiningNews #Scheelite
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