Natural Resource Stocks
Natural Resource Stocks
Fox Tungsten’s Resource Is Still Open for Major Expansion
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Recorded on July 28 2026 at NRS Studios

TSX Venture: FOXT
OTC Pink: FOXTF

Steve Yang interviews Stephen Gray, President and CEO of Fox Tungsten Ltd., about the company’s high-grade Fox Tungsten Project in south-central British Columbia. Gray explains the current mineral resource, the infrastructure near 100 Mile House and why Fox is pursuing a relatively compact underground development concept. The discussion covers the fully funded 20,000-metre drill program, two active drill rigs and the company’s efforts to expand mineralization laterally, vertically and across newly recognized parallel zones at Fox North. Gray also outlines the expected assay flow, updated mineral resource estimate and planned preliminary economic assessment.

The interview examines the Nightcrawler Zone discovery, the use of ultraviolet light to identify scheelite and the company’s Silverboss molybdenum-copper-gold-silver project near the former Boss Mountain mine. Steve and Stephen also discuss the company’s balance sheet, share structure, cornerstone shareholders, management rebuild and the factors Gray believes distinguish Fox Tungsten from its peers.

Key topics
Fox Tungsten Project and current resource
20,000-metre drill program
Fox North and RC Zone expansion
Upcoming assays and resource update
Preliminary economic assessment
British Columbia infrastructure and permitting
Tsq’éscen First Nation relationship
Nightcrawler Zone and scheelite
Silverboss project
Financial position and share structure
Management team and valuation

Fox Tungsten
Website https://foxtungsten.com/
X https://x.com/FoxTungsten
LinkedIn https://www.linkedin.com/company/fox-tungsten/
YouTube https://www.youtube.com/@FoxTungstenLtd
Instagram https://www.instagram.com/foxtungsten/

Host Steve Yang | Natural Resource Stocks
Website https://www.NaturalResourceStocks.net
YouTube https://www.youtube.com/@naturalresourcestocks
X https://x.com/JustSteveYang
NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/
NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/
NRS TikTok https://www.tiktok.com/@natural.resource.stocks
NRS Instagram https://www.instagram.com/naturalresourcestocks/

Chapters
00:00 Resource growth cold open
00:56 Steve Gray introduction
01:20 FOXT and FOXTF
01:49 Fox Tungsten resource and grade
02:33 Why tungsten matters
04:37 Resource expansion and drilling
05:45 Fox North update
06:18 Assays, resource update and PEA
07:45 Infrastructure and permitting
10:11 Nightcrawler discovery story
11:43 Silverboss project
12:53 Financials and share structure
14:44 Cornerstone shareholders
15:32 Steve Gray and the rebuilt team
17:13 Valuation and peer comparison
19:20 Growth potential and catalysts
20:36 Due diligence and contact

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