Fox River Resources Corp C.FOX

Alternate Symbol(s): FXRVF

Metals & Mining Industrial Metals & Minerals

Fox River Resources Corporation is engaged in the advancement of the Martison Phosphate Project located near Hearst, Ontario. The Martison Phosphate Project hosts the Anomaly A deposit. The Martison phosphate project (the Project) is located approximately 70 kilometers northeast of the town of Hearst, in north-central Ontario and is close to rail, power, highway and other infrastructure. The Project contains a carbonatite (igneous carbonate-rich) pipe capped by a residual deposit (Residuum) enriched in phosphate and niobium minerals. The Project mining leases and claims cover a contiguous area of approximately 8,256 hectares. The Company has one wholly owned subsidiary: Baltic Resources Inc. (Baltic).

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Fox River Resources Corp

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Post by Betteryear2on Apr 21, 2022 8:21am

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Post# 34619411

Fox River Announces Positive PEA

TORONTO, April 21, 2022 (GLOBE NEWSWIRE) -- Fox River Resources Corporation (the “Company” or “Fox River”) (CSE: FOX) is pleased to announce the positive results of a Preliminary Economic Assessment (“PEA”) and updated Mineral Resource Estimate (“MRE”) for its 100%-owned Martison Phosphate Project (the “Project”), located near Hearst, Ontario. All currency figures are shown in United States dollars, unless otherwise noted.

Fox River Announces Positive PEA for Martison Phosphate Project with After-tax NPV8% of USD$2.5B and IRR of 23.1% at Current Commodity Prices

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