Fox Tungsten Ltd ( TSX-V:FOXT , OTC:FOXTF , FRA:1HC0 ) reported high-grade tungsten intercepts from the first 18 holes of its 2026 drill program at the Fox Tungsten Project in British Columbia, including 0.4 metres grading 9.63% tungsten.
The assays are from resource expansion drilling at the RC South zone, part of the company's fully funded 20,000-metre program.
The company said the results confirm multiple zones of tungsten mineralization.
Other highlights include 7.9 metres grading 0.48% WO from 84 metres in hole F26-012, which contains the 9.63% interval. Hole F26-005 returned 8.8 metres grading 0.33% WO from 43.6 metres, including 1 metre grading 1.94% WO.
Hole F26-003 intersected 2.1 metres grading 1.43% WO from 34.6 metres, while hole F26-006 returned 1.2 metres grading 1.97% WO from 18.4 metres. Hole F26-020 encountered multiple zones of mineralization, including 0.6 metres grading 2.35% WO from 226.5 metres.
The company said the results show broader mineralized intervals containing higher-grade zones at RC South, supporting a strong geological connection between the BN and RC zones.
At Fox North, an emerging target west of the BK Zone, initial assays did not return significant tungsten grades. Previous drilling there identified multiple intervals containing visible scheelite, including several previously unrecognized parallel zones.
The company said the drilling provided geological information that will help refine future exploration targeting in the underexplored area.
"Today's results provide an important early indication of the potential of the RC South area, with multiple broader mineralized intervals containing higher-grade tungsten zones," said Steve Gray, Fox Tungsten's CEO. "These results confirm that the visible scheelite observed during drilling at RC South was associated with significant tungsten mineralization and provide further support for our resource expansion strategy."
About 52 holes have been completed so far, and drilling is expected to continue to late October.
Assays are pending for more than 30 completed holes, and the company is mobilizing a fourth drill to Silverboss.
