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Goldman Strong near-surface results reinforce continuity across NW Array corridor
Felix Gold Limited (ASX:FXG) has reported further gold assay results from its 2025 drilling program at the NW Array prospect within the Treasure Creek Project, confirming multiple zones of near-surface mineralisation across both diamond and RC drilling.
The results highlight consistent gold mineralisation within the same structural corridor that hosts the company’s high-grade antimony system, reinforcing the dual-commodity potential of the project.
Key standout drill intercepts include:
- 37.65m @ 2.02 g/t Au from 48.55m, including 9.76m @ 2.99 g/t Au
- 25.91m @ 1.84 g/t Au from 16.76m, including 16.76m @ 2.66 g/t Au
- 24.38m @ 1.66 g/t Au from 41.15m, including 6.10m @ 3.60 g/t Au
- 15.24m @ 2.17 g/t Au from 39.62m, including 3.04m @ 7.25 g/t Au
- 11.00m @ 4.44 g/t Au from surface, with grades conservatively reported due to core loss
Drilling confirms that gold mineralisation is hosted within fault breccias and fractured felsic zones, with higher grades associated with increased brecciation, silicification, and proximity to antimony mineralisation.
Geological interpretation indicates the mineralised breccia zone changes orientation from ENE to NE in the northern section of the prospect, improving the understanding of system geometry and supporting further targeting.
The company notes that gold mineralisation aligns with the same structural setting as its high-grade antimony zones, strengthening the broader exploration model at NW Array and across the Treasure Creek Project.
Felix Gold’s Executive Director, Joseph Webb, commented:
These gold results demonstrate the consistency of gold mineralisation within the NW Array system. We are now seeing continuous zones of gold mineralisation, including intervals exceeding 30 metres, hosted within the same structural corridor that delivers our high-grade antimony. This is the same geological system that draws value from two commodities, and drilling continues to improve our understanding of its geometry.
From a strategic perspective, these results reinforce the decision to secure 100% ownership of the Treasure Creek mining claims. We have exercised our option to acquire the claims and are progressing toward completion¹. This positions the Company to control an asset that hosts both high-grade antimony ore – proven to exceed military-grade concentrate specifications – and additional gold mineralisation, located 30 kilometres by road from Kinross’s Fort Knox mill.
Importantly, these results do not change our current development approach, which remains focused on a small-scale, targeted antimony operation with a minimal surface footprint.
Gold results provide additional geological context to the NW Array system alongside our primary focus on establishing America’s first integrated domestic antimony supply chain. With bulk sample ore extraction now permitted² and processing pathways demonstrated³, the antimony track is advancing rapidly. In parallel, these gold results continue to support the ongoing assessment of the NW Array mineralisation, providing strategic optionality and potential toll-treatment pathways that complement the broader Treasure Creek development.
