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Fox Resources Director Steps Down

Fox Resources (ASX: FXR) non-director James Cooper has stepped down from his position with immediate effect.

The company has recently defined an Inferred Resource of 101.2 million tonnes of coking coal at its Bundaberg Project in the Maryborough Basin in Queensland.

This is nearly three times larger than International Coal's coal resource in the adjacent EPC2196 and considerably higher than sections of the market may have first thought, enabling discussions with potential offtake parties.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.