Felix Gold (ASX:FXG) has reported gold assay results from the 2025 drilling program at the NW Array, part of the Treasure Creek Project in Alaska, US, confirming multiple zones of near-surface gold mineralisation within the same structural corridor of its antimony system to the southwest.
A key result from the drilling include 37.65m @ 2.02 grams per tonne gold from 48.55m, including 9.76m @ 2.99g/t gold within the black breccia fault zone.
Other results include 25.91m @ 1.84g/t gold from 16.76m, including 16.76m @ 2.66g/t gold; 24.38m @ 1.66g/t gold from 41.15m, including 6.10m @ 3.60g/t gold; and 15.24m @ 2.17g/t gold from 39.62m, including 3.04m @ 7.25g/t gold.
The gold mineralisation confirms the dual-commodity nature of the NW Array structural corridor, as the same fault breccia zone carries the ‘high-grade’ antimony as well.
The breccia zone has now been interpreted to change from east-northeast to northeast in the northern part of the prospect, further refining Felix’s understanding of the mineralised system.
Executive Director Joseph Webb says that these results showcase the consistent gold mineralisation at the NW Array.
“We are now seeing continuous zones of gold mineralisation, including intervals exceeding 30 metres, hosted within the same structural corridor that delivers our high-grade antimony,” Webb says.
“This is the same geological system that draws value from two commodities, and drilling continues to improve our understanding of its geometry.
“From a strategic perspective, these results reinforce the decision to secure 100% ownership of the Treasure Creek mining claims.
“This positions the company to control an asset that hosts both high-grade antimony ore – proven to exceed military-grade concentrate specifications – and additional gold mineralisation, located 30km by road from Kinross’ Fort Knox mill.
“Importantly, these results do not change our current development approach, which remains focused on a small-scale, targeted antimony operation with a minimal surface footprint.”
On 30 March 2026, Felix exercised its option to fully acquire the Treasure Creek Project from Goldstone Resources and Oro Grande Mining Claims, as previously reported.
The acquisition consolidates Felix Gold’s position as the largest landholder in Alaska’s Fairbanks Mining District, with more than 388,000 acres of land.
Felix Gold is an exploration company focused on the Treasure Creek gold and antimony project in Fairbanks, Alaska.
Write to Amy Rotman at Mining.com.au
Images: Felix Gold
