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Felix Gold Ltd. ( (AU:FXG) ) has shared an update.
Felix Gold Ltd. has reported promising drilling results at the NW Array antimony-gold prospect in Alaska, confirming high-grade stibnite vein structures and identifying additional parallel veins and breccia-style mineralization. The results enhance the company’s mineralization inventory as it advances toward bulk sampling and near-term production, while pending gold assays add upside potential. Additionally, Felix Gold has engaged Worley to accelerate downstream processing plans, including site selection for a U.S. processing facility and toll-treatment options, aiming to address U.S. antimony supply-chain gaps critical for military-grade materials. With advancing engineering, permitting, and metallurgical efforts, Felix is positioning itself as a strategic solution for critical mineral supply in the U.S., with significant near-term catalysts anticipated for stakeholders.
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., an Australian Stock Exchange-listed company, operates in the mining industry with a primary focus on antimony and gold exploration and production. The company is strategically positioned within the Fairbanks Mining District, Alaska, and is dedicated to supplying critical minerals, including military-grade antimony, to support U.S. domestic and national security needs.
Average Trading Volume: 2,535,145
Technical Sentiment Signal: Buy
Current Market Cap: A$155M
For a thorough assessment of FXG stock, go to TipRanks’ Stock Analysis page.