Felix Gold advances high-grade U.S. antimony project with key permit and processing plans

Felix Gold Ltd. ( (AU:FXG) ) has issued an announcement.

Felix Gold has secured what it believes is the only active antimony bulk-sample permit in the U.S., allowing extraction of up to 1,600 tons of high-grade stibnite at its NW Array prospect in Alaska under a streamlined state-only permitting regime through 2029. Independent assays confirm ore grading 71.9% antimony, exceeding U.S. military specifications with exceptionally low impurities, supporting a small-footprint, low-waste operation that can use either hydrometallurgical or pyrometallurgical processing with relatively low capital and operating costs.

Multiple laboratories have validated high antimony recoveries and direct smelting potential, while drilling has extended the high-grade antimony system and outlined strong associated gold mineralisation. The company is advancing site selection for a dedicated U.S. processing facility targeting first metal in 2027, pursuing toll treatment and DOE funding exceeding US$80 million, and strengthening its executive team to transition from exploration to development, potentially enhancing its position in the critical minerals and defense supply chain markets.

The most recent analyst rating on (AU:FXG) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Felix Gold Ltd. stock, see the AU:FXG Stock Forecast page.

More about Felix Gold Ltd.

Felix Gold Ltd. is an Australian-listed exploration and development company focused on antimony and gold, with a key project at the NW Array prospect in Alaska. The company is targeting high-grade, surface-accessible stibnite mineralisation and aims to establish a U.S.-based antimony supply chain serving strategic and military markets.

Average Trading Volume: 1,214,714

Technical Sentiment Signal: Sell

Current Market Cap: A$133.6M

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