If you read the whole announcement you will find this under "about fox resources"
"This license covers a newly discovered alluvial field, from which prospectors have removed a significant amount of gold prior to the tenement being granted. Work will now focus on identifying the source of the mineralization through a campaign of geological mapping and geochemical sampling."
So it appears, in fairness to the company, that they have not had the gold stolen from under their noses, as has been suggested in above posts, it was prospected before they got the lease - maybe they took the lease based on what they knew had been found there. Good move if they did.
FXR Price at posting:
28.7¢ Sentiment: None Disclosure: Held