Felix Gold data feeding dual strategy – Mining.com.au
June and July mark a pivotal period for Felix Gold (ASX:FXG) where a large volume of technical data has been arriving, enabling integration of all workstreams to define the optimal production pathway.
The company says this will feed into resource modelling, mine planning, and economic studies, forming the technical basis for its first mine permit application, targeted for H2 2025.
During the past quarter Felix completed a two-tranche placement to raise $17 million, closing Q2 2025 with $16.4 in cash reserves.
Felix Gold is advancing a dual commodity strategy across critical antimony and gold, with its flagship Treasure Creek Project in Alaska emerging as a near-term development opportunity in the US. Alaska has recently been ranked as third in the Fraser Institute Investment Attractiveness Index Globally.
The company is actively engaging with US state and federal agencies, including the Department of Defense, reinforcing the strategic importance of the antimony asset.
Felix is targeting first domestic antimony concentrate production by Q4 2025 or Q1 2026.
The company is assessing the viability of a staged development strategy at Treasure Creek designed to fast-track the first domestic antimony concentrate production at commercial scale in the US in over 30 years. At the same time it is building the foundation for sustained, long-term supply.
The immediate focus is on assessing the viability of a small-scale, high-grade production scenario for the first 18 months to two years of operation.
With antimony now subject to export bans from China and recognised as a critical mineral essential to defence, semiconductors, and energy, Felix says its project is well-positioned to become a US domestic antimony producer.
Write to Adam Orlando at Mining.com.au
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