Felix Gold Limited (ASX:FXG) Hits High-Grade Antimony and Gold at Treasure Creek Project
12 February 2023
Price Sensitive Announcement $
Highlights:
● At NW Array, high-grade antimony and gold intersections from continuous trenching
sampling demonstrate significant mineralisation:
○ Peak value of 65.40% Sb (NWTR004)
○ 3m at 50.26% Sb and 5.29 g/t Au (NWTR004)
● At Scrafford Shear, systematic sampling returned six samples between 37.5% and 43.7% Sb
● Metallurgical testwork for both NW Array and Scrafford Shear is pending
Overview:
Felix Gold Limited has announced exceptional high-grade antimony results from the recent trenching and face sampling program at the Treasure Creek Project with the initial results having been reported in ASX Announcement of 23 January 2025 “High-grade antimony and gold results from trenching, including 3m at 35%Sb* and 5.29 g/t Au”. The new results being reported today are the nine samples that exceeded the initial analytical upper detection limit and were sent for specialized testing.
Company Notes:
Felix Gold’s Executive Director, Joe Webb, commented:
“Our trenching program has delivered outstanding results across both target areas at Treasure Creek, headlined by exceptional grades up to 65.4% Sb at NW Array. The consistency of high-grade mineralization is remarkable – with continuous trench sampling on true widths at NW Array averaging 3m @ 50.26% Sb and 5.29 g/t gold, while systematic sampling at the Scrafford Shear returned six samples grading between 37.5% and 43.7% Sb, alongside multiple samples above 1 g/t Au.
These results further demonstrate the potential for two high-grade antimony production centers at Treasure Creek, providing optionality and further confidence of our goal of small scale near-term production.
With China’s recent antimony export restrictions highlighting supply chain vulnerabilities, Treasure Creek is emerging as a strategically vital project capable of supporting domestic U.S. antimony supply for critical defense and industrial applications.”
Full ASX Announcement: Felix Gold ASX Announcement