Felix Gold Limited (ASX:FXG), a company focused on advancing potential near-term antimony production and additional gold mineralisation in Alaska’s Fairbanks Mining District, today announced its first gold assay results from the 2026 reverse circulation (RC) drilling program at its Treasure Creek Project. The initial seven holes, part of an 80-hole program, have yielded encouraging gold and antimony intersections, notably a high-grade gold result from step-out drilling north of the NW Array prospect. This drilling aimed to test immediate extensions to 2025 mineralisation and begin wider step-out exploration along an interpreted north-northeast gold trend.
A highlight from the northern step-out line, approximately 1.2 kilometres north-northeast of NW Array, is hole 26TCRC023, which intersected 12.19 metres at 2.84 grams per tonne gold from 36.58 metres downhole, including a high-grade section of 1.52 metres at 17.31 grams per tonne gold. Other significant results from this area include 22.86 metres at 0.68 g/t gold from 4.57 metres in the same hole and 6.10 metres at 1.16 g/t gold alongside 3.05 metres at 1.04% antimony from 6.10 metres in hole 26TCRC019. Drilling in the southwest of NW Array also confirmed mineralisation, with hole 26TCRC031 returning 15.24 metres at 0.59 g/t gold from 32.00 metres.
Felix Gold’s Executive Director, Joseph Webb, noted that these initial assays begin to test whether gold mineralisation repeats along the broader north-northeast trend. While the company’s priority remains building “America’s Antimony Solution” and a draft Plan of Operations for a mine permit has been prepared, gold exploration continues strategically given the project’s proximity to Kinross’s Fort Knox mill. The remaining 73 RC and diamond drill hole assays are pending, with the geology team integrating all 2025 and 2026 drilling data into an updated NW Array Mineral Resource estimate and working towards a maiden antimony Mineral Resource.
