Royal Fox Reports Preliminary 2021 Drill Results Including 1… – MENAFN.COM

Royal Fox Reports Preliminary 2021 Drill Results Including 1… – MENAFN.COM

Toronto, Ontario--(Newsfile Corp. - October 19, 2021) - Royal Fox Gold Inc. (TSXV: FOXG) ("Royal Fox" or the "Company") is pleased to report assay results from historically drilled core not previously sampled, as well as results from the 2021 diamond drilling campaign on the Philibert deposit, Chibougamau, Quebec. Simon Marcotte, President and CEO of Royal Fox, commented : "We are excited to unlock the value of this project, as the new context dictates a different and systematic approach, allowing us to deliver results from extensive historical drilling never previously assayed. As we aim to deliver a maiden NI 43-101 resource calculation on the deposit in 2022, this data will be combined with historical figures along with the results of a drilling campaign of more than 10, 000 metres currently being planned for the upcoming winter. We see the Philibert deposit becoming a pillar in the camp of Chibougamau." Adree DeLazzer, Vice-President Exploration of Royal Fox, commented : "The results released today show both high grade intercepts and broad lower grade intercepts, which is key to building the deposit into an open pit resource. We are pleased with the results released today and the continuity we see with gold along strike.