Felix Gold (ASX:FXG) has reported new drill results, confirming the continuity of high-grade stibnite veining, from the NW Array antimony-gold prospect at the Treasure Creek Project in Alaska.
Multiple holes confirm this veining, which was exposed in trenching done earlier in 2025. Key highlights include hole 25TCRC029 with 3.04m @ 6.3% antimony from 36.58m, hole 25TCRC016 with 6.09m @ 2.59% antimony from 21.34m, and hole 25TCRC026 with 3.05m @ 2.54% antimony from 15.24m.
The company has engaged Worley as a partner to help advance the site selection for Felix’s US processing facility as well as to assess potential toll-treatment options as a way to create parallel pathways to first metal production.
Executive Director Joe Webb notes the company’s strategic moves as it works toward first metal.
“Felix Gold is making rapid, coordinated progress across all critical workstreams as it advances toward first metal, with multiple near-term catalysts spanning drilling results, bulk sampling readiness, metallurgy, downstream processing, and permitting. Extensive gold and antimony assays are pending, baseline and engineering programs are well advanced, and metallurgical work continues to confirm the ability to produce military-grade concentrate through simple processing,” Webb says.
“Together, these initiatives position the company as a leading, near-term solution to a critical US military-grade antimony supply-chain gap, while maintaining the commercial flexibility required to maximise long-term value from a scarce, high-grade asset.”
Felix is focused on a path to production for military-grade antimony that can be a strategic part of the US supply chain.
Write to Amy Rotman at Mining.com.au
Images: Felix Gold
