The Company is generating excellent cashflow from the West Whundo copper-zinc mine which is being used to fund a pipeline of projects within the Pilbara region of Western Australia. Fox sells all of its copper via an off-take agreement with China's largest producer of nickel, Jinchuan Group Limited.

Exploration over Fox's highly prospective 1,000 square kilometres of regional ground has been focussed within the 15 kilometre radius of the Radio Hill plant. The Company has proven up numerous deposits within this area, lowering the threshold for development of these projects. The projects include Ayshia (zinc-copper), Shelby (copper), Austin (copper-zinc), and Sholl (nickel-copper-cobalt).

Fox has an excellent opportunity to maximise production opportunities through its recently upgraded and centralised treatment facility at Radio Hill, which until now Fox had used specifically for nickel production. The expansion of the Radio Hill processing plant's capacity from 200,000 up to 500,000 tonnes a year is expected to significantly boost the Company's net profit over the next two years.