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The latest announcement is out from Felix Gold Ltd. ( (AU:FXG) ).
Felix Gold Ltd. is progressing with its Treasure Creek Project, targeting the first domestic production of antimony concentrate by late 2025 or early 2026. The project is strategically significant due to its potential to become the first U.S. antimony producer in over 30 years, amid global supply challenges. The company has completed significant drilling activities and is engaging with U.S. state and federal agencies, including the Department of Defense, to reinforce the project’s importance. With substantial cash reserves, Felix Gold is well-positioned to assess the viability of its staged development strategy, aiming for rapid deployment and long-term supply sustainability.
More about Felix Gold Ltd.
Felix Gold Ltd. is a company focused on advancing its dual commodity strategy in critical antimony and gold. Its flagship project, Treasure Creek, is located in Alaska, a region highly ranked for investment attractiveness. The company aims to become a leading domestic producer of antimony, a critical mineral for defense and technology, and holds a strong position in Alaska’s Fairbanks Gold District.
Average Trading Volume: 1,445,243
Technical Sentiment Signal: Buy
Current Market Cap: A$70.22M
See more data about FXG stock on TipRanks’ Stock Analysis page.
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