Felix Gold has announced drilling and trenching results at the Northwest (NW) Array in Treasure Creek, which reveal notable extents of gold mineralization.
The Treasure Creek Project covers 11,687 hectares in the Fairbanks mining district of Alaska.
Focused on a confined target area, the program aimed to test high-grade antimony mineralization within a broader gold halo, confirming strong presences of both minerals.
Drilling focused on the orientation and continuity of the stibnite veins in various directions, as well as the north-northeast trending breccia unit.
This initiative also supports the characterization of waste rocks and provides the data necessary for short-term production studies.
Recently completed trenching about 130 m west of the main target has provided additional data.
Felix Gold reported high-grade gold finds, with surface trench 25NWTR001 uncovering 67m of gold mineralization in a 90m section located 130m west of the 2025 primary drilling area.
This extends the NW Array mineralized corridor into territory acquired by Felix in May 2024.
Drill results from the primary antimony target confirm extensive zones of gold surrounding the antimony vein areas.
Gold assay results are pending for 44 diamond holes and 18 reverse circulation (RC) holes, along with antimony and multi-element assay results for 45 diamond holes and six additional RC holes.
Drilling finds worth noting include hole 25TCDC020 which returned 47.36 m grading 1.34 grams per tonne (g/t) gold, hole 25TCDC004 recording 15.71 m grading 2.91 g/t gold and hole 25TCRC003 which recorded 13.72 m grading 2.83 g/t gold.
As the largest landowner in the Fairbanks gold mining district, Felix Gold oversees a region with 831,000 oz of Joint Mineral Reserve Committee gold resources and significant exploration potential spread over more than 1,500 km² in Alaska’s most productive gold mining area.
The district has historically produced over 16 moz of gold and includes Kinross Gold’s Fort Knox mine, a Tier 1 operation located 30 km from the NW Array.
Recent assay results from a total of 39 holes provide further insight into the geometry of low-grade and high-grade gold mineralization within areas densely drilled for narrow antimony veins.
Assay results are pending for 45 diamond holes and six RC holes for antimony/multi-element content, as well as for 44 diamond holes and 18 RC holes for gold content.
Felix Gold CEO Joseph Webb said: “Following our recent announcement of 47m at 2.45g/t and 29m at 3.90g/t gold from drilling, today’s excavation results show the mineralized system extends at least 130m further west along strike, with 67m of gold mineralization exposed along a 90m trench. The system remains open. in all directions.”
