Felix Gold (ASX:FXG) has announced a significant westward extension of the NW Array mineralised corridor at its Treasure Creek Project, marking a pivotal milestone in its dual-commodity strategy.
Recent trenching has exposed 67m of gold mineralisation across a 90m trench, located roughly 130m west of the primary 2025 drilling zone.
High-grade highlights from this expansion include 12m at 2.86 g/t Au within a broader 26m interval.
The results underscore the substantial scale of the Fairbanks district, where Felix Gold remains the largest landholder, boasting a JORC inferred resource of 831,000 oz.
The discovery reinforces the company’s "dual-track" approach: advancing its gold assets while accelerating toward near-term antimony production.
Management confirmed that gold mineralisation at NW Array forms "halos" around high-grade antimony veins, allowing for synergistic development.
To facilitate this, Felix Gold has secured exclusive rights to the Albion Process and is currently conducting a pilot plant program with 300kg of stibnite ore to produce military-grade antimony concentrate.
Supported by an $18 million placement and seeking over $80 million in US Department of Energy funding, the company is on track to submit its plan of operations by Q2 2026.
At the time of reporting, Felix Gold's share price was $0.34.