Fox Tungsten launches fully funded 20,000-metre drill program at British Columbia Project

Fox Tungsten CEO Steve Gray joined Steve Darling from Proactive to discuss the start of the company’s fully funded 20,000-metre drill program at the Fox Project in south-central British Columbia, marking a major step in advancing the company’s flagship tungsten asset. Gray said the first of two planned diamond drill rigs has now been mobilized to site and drilling is underway at the project, located about 75 kilometres northeast of 100 Mile House. A second rig is expected to arrive in early July, allowing the company to ramp up activity across multiple targets during the 2026 field season. Approximately 60% of the drill program will focus on expanding the existing Fox mineral resource in support of an updated mineral resource estimate and Preliminary Economic Assessment (PEA) targeted for the first half of 2027. Key priorities include testing the continuity of mineralization between the BN, RC, and BK zones along strike, as well as drilling down-dip extensions of the BN and RC zones. Another 30% of the drilling will target high-priority exploration opportunities across the broader Fox property with the goal of identifying new tungsten-bearing zones and increasing the project’s long-term growth potential. This work will include testing deeper extensions of known resource areas as well as new targets at Fox North and the August Showing. The remaining 10% of drilling will be directed toward the nearby Silverboss property, where Fox plans to evaluate prospective copper and molybdenum targets. Planned targets include potential molybdenum mineralization northwest of Glencore’s former Boss Mountain mine at the 10 Mile Creek target, along with the Gus Zone copper soil anomaly. Drilling is expected to continue through October 2026, with assay results to be released periodically as they become available. Management believes the program has the potential to both grow the existing Fox resource and unlock additional exploration upside across the company’s broader land package. #proactiveinvestors #happycreekmineralsltd #tsxv #foxt #Tungsten #FoxTungsten #TungstenProject #Mining #CriticalMinerals #Tungsten #Exploration #BritishColumbia #ResourceDevelopment #Commodities #Drilling #Investing #PEA #CopperExploration #Molybdenum