Felix Gold Confirms Broad Gold Zones at Treasure Creek as Prices Hit Record High


Felix Gold Limited (ASX: FXG) has reported significant assay results from drilling at the NW Array prospect within the Treasure Creek Project in Alaska. The new results demonstrate broad zones of gold mineralisation in the same structural corridor that hosts high grade antimony, reinforcing the project's scale and potential.

Key intercepts include:

  • 47.43 meters at 2.45 grams per tonne gold from 29.35 meters, including 20.27 meters at 3.35 grams per tonne

  • 29.41 meters at 3.90 grams per tonne gold from 49.25 meters

  • 41.14 meters at 0.96 grams per tonne gold from 21.34 meters, including 10.67 meters at 2.19 grams per tonne

  • 22.86 meters at 0.65 grams per tonne gold from 28.96 meters

  • 16.76 meters at 0.60 grams per tonne gold from 22.86 meters, including 1.53 meters at 1.78 grams per tonne

The mineralisation is associated with a major fault structure containing black breccia and remains open along strike and at depth. Results also confirm that gold extends into hanging wall zones known to host antimony.

The announcement comes as the price of gold surpasses USD 5000 per ounce, reaching an all time high. Felix Gold is the largest landholder in the Fairbanks Gold Mining District, and the NW Array prospect lies only 30 kilometres from Kinross Gold’s Fort Knox mill, which is currently seeking additional ore sources.

With over 16 million ounces of historical production and established infrastructure in the district, Felix Gold is positioned to capitalise on these high grade gold intercepts and favourable market timing.


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