... gold, copper, zinc, rare earths
... gold, copper, zinc
... gold, copper, zinc
... gold, copper, zinc
Red Fox Resources was founded on a strategy to acquire low cost, high-quality, advanced exploration targets with the potential to rapidly increase value.
We are focused on exploration for gold, copper and zinc, with fifteen, 100% owned tenements located in the highly mineralised Cloncurry, Selwyn and Georgetown districts of Queensland.
Project highlights include:
- Butchers Bore Project – high grade Gold in surface sampling – 10m @ 25.6g/t Au, never drilled. Recent sampling by Red Fox shows strike length of 3km and values of 17.7 and 10.8g/t Au returned (Cloncurry)
- Cloncurry North Project – three EPMs adjacent to Ernest Henry (IOCG) copper-gold mine with untested geophysical targets – Evolution Mining to spend $8M earning in.
- Selwyn Project – large Copper-Cobalt anomaly where rock chip samples average 0.22% Cu over 880m by 270m, with three previous drill holes, max depth only 29m.
- Eveleigh Project – BHT Zinc with mineralisation from surface and open at depth (Eveleigh). Drill intersections include 24m @ 2.5% Zn, including 1.3m @ 9.8% Zn
- Selwyn Project – untested zinc geochemistry over 13km strike at Mt Ulo hosted by black shale sequence (Selwyn)
Red Fox has signed an $8M Earn In agreement with Evolution Mining over the Cloncurry North Project, three Red Fox EPMs in close proximity to the Ernest Henry Mine.
Update on funding - Red Fox has been re-imbursed the full amount of the Eveleigh CEI Grant.
Red Fox has completed a diamond drilling program of 5 holes at the Eveleigh Zinc project. Four holes returned significant but sub-economic zinc mineralisation. Best result of 3m @ 3% Zn was intersected in EVDD2202. Zones of up to 21m of zinc mineralisation were intersected however the controls on mineralisation are not understood.
Red Fox is pleased to announce that activities for the Eveleigh Zinc diamond drill program have commenced. The drilling program is being supported by a Round 6 Collaborative Exploration Initiative (CEI) grant from the Queensland Government.
All tenements in the Red Fox Selwyn Project, located south of Cloncurry, have now been granted. The three newly granted tenements, along with the granted Mt Carol tenement (EPM 26571) increase Red Fox' holdings in the area from 108 sq km to 331.5 sq km.
Red Fox has returned significant gold results from recent field work at GW Gossan in the Cloncurry district of NW QLD. Gold values, in rock chip samples up to 17g/t Au with associated anomalous cobalt, bismuth, molybdenum and tungsten values were received. The work has extended the known mineralisation to at least 3km of strike. Soil values up to 1.05g/t Au were also returned.
Red Fox has commenced its 2022 field season with work at the Eveleigh Zinc-Lead-Silver and Butchers Bore Gold Projects. Field work will consist of mapping and geochemical sampling, ahead of proposed drilling due to commence in mid 2022.
Red Fox awarded two grants for drilling from the QLD Government under Round 6 of the Collaborative Exploration Initiative (CEI) Funding. At Eveleigh ($200,000 grant) drilling will test a potential silver-lead-zinc target and at Ernest Henry West ($120,000 grant) drilling will test an IOCG (copper-gold) target. Drilling is expected to be carried out in early to mid 2022.
14 February 2022
Red Fox has received results from a field program at Copper Creek carried out late last year. Work has identified copper anomalous soil anomaly over 2.2km with a strong central zone over 1km associated with probably sodic alteration. Previous rock samples from this zone returned up to 3.29% Cu and 0.32g/t Au.
3 February 2022
Red Fox has received results from a field program at Butchers Bore carried out late last year. Work has identified gold values up to 3.86g/t Au from a structure defined over 700m with soil anomalies open to the west, east and south.
16 December 2021
Red Fox has identified high priority target areas in the Ernest Henry West EPM 26010. A geophysical modelling exercise and structural interpretation indicates a direct comparison can be made between the Ernest Henry West area and the E1 Group of Deposits, mined by Glencore Ernest Henry Operations. Red Fox has identified drill targets at two prospects in the area.
15 November 2021
Red Fox has completed a gravity survey at Camel Bore Prospect in its Selwyn Project, northwest Queensland. The survey has defined a large gravity anomaly within the prospective stratigraphy. This is interpreted to represent a body of significant density contrast to the surrounding meta-sediments.
14 October 2021
Red Fox acquires additional EPMs in Selwyn district targeting Cu/Au and base metals. Highlighting the Jasper Ridge prospect where shallow intersections of copper-lead-zinc and cobalt mineralisation have been made by previous explorers in holes with maximum depth of 80m.
11 October 2021
Work program progressing at Butchers Bore project, Cloncurry district.
14 June 2021
Drilling results from the recently completed drilling at Gipsy Creek Project were disappointing. Results from all drill holes completed announced.
31 May 2021
Rio Tinto Exploration Pty Ltd have advised their withdrawal from the Ernest Henry South Farm-In effective 10 June 2021.
26 May 2021
Drilling has been completed at the Gipsy Creek project in the Ernest Henry area in northwest Queensland. Logging and sampling of the core is in progress. Results are expected in a couple of weeks.
26 April 2021
Drilling has commenced at Gipsy Creek project in the Ernest Henry area in northwest Queensland. Three holes are planned, funded by a QLD Government CEI grant. The program is expected to take several weeks to complete.
10 February 2021
Drilling results at Ernest Henry South disappointing. Results of seven hole program drilled by the joint venture partner Rio Tinto in late 2020
16 November 2020
Red Fox appoints new Director to the Board
3 November 2020
$600,000 placement by Chase Mining Corporation Limited
Portfolio Update here
Red Fox and its joint venture partner Rio Tinto Exploration will soon commence drilling at Ernest Henry South Project in the Cloncurry district
Red Fox awarded $190,000 grant from the Queensland Government to fund drill testing at the Gipsy Creek Copper-Gold Project
Rio Tinto Exploration farms in to Red Fox's Ernest Henry South Project
CEI grant awarded for geophysics at Ernest Henry South
EPM 26872 (Gipsy Creek) granted
EPM 26397 (Butchers Bore) granted
EPM 26571 (Mt Carol) granted
EPM 26332 (Ernest Henry South) granted
EPM 26601 (Eveleigh) granted
Cloncurry Magneto-Tellurics data released, significant target at Gipsy Creek