Fox leaps on Ayshia drill results

The West Australian August 2, 2012, 12:10 pm

Fox leaps on Ayshia drill results

Shares in Fox Resources shot up after the company announced encouraging drill results from its Ayshia copper-zinc project in the West Pilbara.

The company reported intersections of 35.7 metres at 1.66 per cent copper and 17 metres at 2.86 per cent copper after a five-hole program covering 1610.8 metres.

Fox chief executive Laurie Chew said the exploration program demonstrates the potential of Ayshia, which was close to the company's Radio Hill and Sholl Projects.

Fox shares were up two cents, or 44.44 per cent, to 6.5 cents at 12.05pm.

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