Wedoany.com Report on Feb 14th, Felix Gold has announced the latest drilling and trenching data from the Northwest Array at its Treasure Creek property in the Fairbanks mining district, Alaska. This drilling focused on testing "high-grade" antimony mineralization within a smaller area, while also confirming significant gold mineralization zones that form a halo structure surrounding the antimony veins.
Gold mineralization results revealed 67 meters of gold mineralization within a 90-meter trench, located approximately 130 meters west of the main 2025 drilling area. This includes 26 meters grading 1.86 g/t Au, with 12 meters reaching 2.86 g/t Au. These discoveries extend the mineralization corridor of the Northwest Array into newly acquired ground from the May 2024 acquisition. Key drilling results include 47.36 meters grading 1.34 g/t Au from 19.5 meters, including 7.8 meters grading 1.79 g/t Au from 29.24 meters, and 7.09 meters grading 2.27 g/t Au from 59.77 meters, with mineralization remaining open along strike and at depth.
Executive Director Joseph Webb stated: "Following the previously reported results of 47 meters grading 2.45 g/t Au and 29 meters grading 3.90 g/t Au, today's data significantly expands the mineralized system, exposing 67 meters of gold mineralization within a 90-meter trench. Gold built this company, but our current focus remains on establishing America's first fully integrated, mine-to-metal antimony supply chain, on US soil."
Webb added: "Our 831,000-ounce JORC gold resource provides significant strategic optionality, and we are advancing related work in parallel. Today's results enhance the value of our gold assets. The Northwest Array hosts both resources within the same structural corridor, with gold forming a broader halo around the antimony mineralization structures, which are the target for near-term development. Infrastructure, permitting, and baseline studies support both antimony and gold projects concurrently, with drilling generating data for both commodities, creating a complementary value-creation platform."
Felix Gold noted that gold assay results are still pending from 44 diamond drill holes and 18 reverse circulation holes, and antimony and multi-element assay results are awaited from 45 diamond drill holes and 6 reverse circulation holes. The company is focused on gold and critical mineral exploration in Alaska's Tintina Gold Province, USA. This drilling further confirms the existence of the gold-antimony mineralization halo, enhancing the resource potential.
