Attached please find a press release on: Fox Resources Limited (ASX: FXR) today announced that it is in negotiations with strategic partner Jinchuan Group Limited (Jinchuan) regarding the development of the Company's heap leaching operation at Radio Hill in the Pilbara of Western Australia.

Following on from the announcement on Tuesday that Fox's two largest shareholders would be taking up their full entitlements of the current rights issue, Jinchuan has now resolved to negotiate potential extensions to the current offtake
agreement with the Company as well as consider project financing.