Red Fox Resources was founded on a strategy to acquire high-quality, advanced exploration targets with the potential to rapidly increase value. For Red Fox this means:
- Working in areas that are known to be mineralised, with existing significant deposits. This decreases the geological risk, and also increases the proximity to infrastructure.
- Leveraging historical data to select projects with well-defined targets. These targets have not been followed up due to market conditions and company collapse, or there have been advances in geological understanding that allow us to re-interpret the data.
- All of our projects are either drill-ready or need a small amount of low-cost ground work to be advanced. This means there is the potential to rapidly increase value, without spending years on early stage exploration.
We have assets located in the highly mineralised Georgetown area (EPM 26601 and EPM 26024) and the Cloncurry district (EPM 26010, EPM 26332, EPM 26397, EPM 26571, and EPM 26872). All projects have now been granted and are 100% owned by Red Fox.