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Felix Gold Extends High-Grade Antimony System at Alaska’s Treasure Creek

Story Highlights
  • Felix Gold’s latest drilling at Treasure Creek extends the shallow, high-grade antimony and gold system west and south, with mineralisation remaining open.
  • Exceptional antimony grades and clean ore character support Felix Gold’s push to position Treasure Creek as a strategic future U.S. antimony supply source, pending further studies.
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Felix Gold Extends High-Grade Antimony System at Alaska’s Treasure Creek

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The latest update is out from Felix Gold Ltd. ( (AU:FXG) ).

Felix Gold reported a new set of shallow, high-grade antimony and associated gold drill results from the NW Array prospect at its Treasure Creek project in Alaska, extending the mineralised system to the west and south while remaining open in both directions. The latest intersections, including very high antimony grades interpreted as part of a massive stibnite vein system with broader gold halos, reinforce the project’s scale and support Felix Gold’s strategy to advance drilling, permitting, metallurgy and commercial talks in parallel to position Treasure Creek as a future key antimony supply source for the United States, although no mineral resources or reserves have yet been declared.

The company highlighted that Treasure Creek’s ‘clean’ high-grade antimony mineralisation could meet military-grade specifications, differentiating it from most projects outside China and enhancing its strategic relevance amid U.S. efforts to secure long-term critical mineral feedstock. With substantial infrastructure already nearby, including road access and power, the pending assay results from additional diamond and RC holes, together with ongoing technical and regulatory evaluation, will be closely watched by stakeholders as Felix seeks to de-risk and potentially accelerate a development pathway despite the absence of JORC-compliant economic studies.

The most recent analyst rating on (AU:FXG) stock is a Sell with a A$0.26 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 Securities Exchange-listed mineral exploration company focused on precious and strategic metals, particularly gold and antimony, at its Treasure Creek project near Fairbanks, Alaska. The company is positioning Treasure Creek as a potential secure, high-grade antimony supply source for the U.S. market, where domestic production is currently absent.

Average Trading Volume: 1,521,158

Technical Sentiment Signal: Hold

Current Market Cap: A$152.5M

For detailed information about FXG stock, go to TipRanks’ Stock Analysis page.

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