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Felix Gold Ltd. ( (AU:FXG) ) just unveiled an announcement.
Felix Gold has reported strong gold assay results from drilling at the NW Array prospect within its Treasure Creek project in Alaska, including broad mineralised intervals grading up to 3.90 g/t gold, confirming an extensive gold system in the same structural corridor that hosts high-grade antimony. With gold prices at record highs and NW Array located just 30km by road from Kinross Gold’s Fort Knox mill, management is highlighting the strategic potential for toll treatment of gold-bearing material alongside its emerging antimony production plans, presenting a dual-commodity platform that could leverage existing regional infrastructure and Kinross’s stated strategy of sourcing third-party ore to supplement Fort Knox throughput.
The most recent analyst rating on (AU:FXG) stock is a Hold with a A$0.40 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 Limited is an ASX-listed explorer focused on gold and antimony in Alaska’s Fairbanks Gold Mining District, where it holds the largest land position with 388,000+ acres and JORC resources of 831,000 ounces of gold. Its projects sit near Kinross Gold’s Fort Knox Tier 1 mill, positioning the company to target both conventional gold opportunities and a proposed fully integrated U.S. mine-to-metal antimony operation aimed at addressing critical mineral supply and defence-sector needs.
Average Trading Volume: 1,690,715
Technical Sentiment Signal: Buy
Current Market Cap: A$191.9M
For detailed information about FXG stock, go to TipRanks’ Stock Analysis page.