Felix Gold Limited (ASX:FXG) Announces High-Grade Antimony Results
Antimony Results
Felix Gold Limited (ASX:FXG) has reported exceptional high-grade antimony results from its Treasure Creek Project. Notable findings include a 3-meter true width intercept at 50.26% Sb and 5.29 g/t Au from continuous trench sampling at the NW Array. Additionally, six samples from the Scrafford Shear returned antimony grades between 37.5% and 43.7% Sb. Metallurgical testwork for both NW Array and Scrafford Shear is pending, further supporting the project’s potential.
Executive Comments
Executive Director Joe Webb stated, “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 mineralisation 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.”
Future Outlook
Felix Gold plans to undertake further trenching and resource drilling in 2025 to expand its high-grade antimony production potential. Additionally, the company invites investors to join an online briefing hosted by Joe Webb on Thursday, 13th February at 1 PM AEDT.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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