Steve Grey
CEO | Fox Tungsten (TSX-V:FOXT) | Critical Minerals Executive
"Leading development of the Fox Tungsten Project, one of the world's highest-grade tungsten resources in British Columbia"
Biography
Stephen (Steve) Gray is a mining executive and the CEO of Fox Tungsten (formerly Happy Creek Minerals), a company focused on advancing what is considered one of the world's highest-grade tungsten resources located in British Columbia, Canada. Under Gray's leadership, the company has positioned itself at the forefront of critical minerals development at a time when Western nations are increasingly seeking secure, non-Chinese sources of tungsten—a metal essential for defense, aerospace, industrial cutting tools, and electronics manufacturing.
Gray has overseen the Fox Tungsten Project through multiple successful drill campaigns, consistently delivering assays that confirm continuity of high-grade mineralization and demonstrate that the deposit remains open along strike and at depth. His approach to resource development is methodical and aggressive in equal measure: following a modest but successful drill program that incrementally extended mineralization, Gray announced plans for an ambitious 20,000-meter drilling campaign aimed at substantially expanding the resource base.
Beyond tungsten, Gray has guided the company's portfolio to include exposure to other critical and precious metals. The company holds the Silverboss molybdenum-copper-gold-silver project adjacent to Glencore's historically significant Boss Mountain molybdenum mine, as well as the Hen-Art-DL gold and silver project. This diversified approach within the critical minerals space reflects Gray's understanding of both commodity fundamentals and the strategic importance of mineral tenure in proven mining districts.
Gray has also led the company through a strategic rebranding from Happy Creek Minerals to Fox Tungsten, a move designed to better communicate the company's primary focus to investors during a period of surging interest in critical minerals. His public commentary emphasizes capital discipline, noting the company's treasury position while being transparent about the need for additional financing to support aggressive exploration programs—a straightforwardness that resource investors typically appreciate.
Key Quotes
"We currently have about four million dollars in the bank. But we're planning a very aggressive program this summer — about 20,000 meters of drilling — so we'll be raising additional capital to support that."
— InvestorNews interview on Fox Tungsten Project
"A modest drill campaign this past summer was successful in incrementally extending mineralization, with assays confirming continuity of high-grade zones and demonstrating that the deposit remains open along strike and at depth."
— InvestorNews interview on 2024 drill results
Key Works
Announced aggressive 20,000-meter drilling campaign to expand the world's highest-grade tungsten resource in British Columbia
Led strategic rebranding from Happy Creek Minerals to Fox Tungsten to align corporate identity with critical minerals focus
Specializations
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