(NewsDirect)
Felix Gold Ltd(ASX:FXG) CEO Anthony Reilly speaks with Proactive soon after thecompany completed an RC drill program at the NW Array and Scraffordtargets at its Treasure Creek project. Felix is the largest mineralsclaim owner in the Fairbanks Gold Mining District in Alaska and thecompany aims to delineate a near surface commercial resource atTreasure Creek which potentially could provide additional ore supplyto Kinross Gold's Fort Knox. With all 45 assay results for goldand antimony from the recent drilling now received Felix is advancingtowards a maiden resource for the NW Array Southern Zone in Q4 thisyear.
Reilly saidof already released assays,
“We are delighted with the assay results from 17additional holes at our Treasure Creek Project within the esteemedFairbanks Gold Mining District in Alaska, USA, from the NW ArrayProspect. These results carry substantial weight as they havedefinitively delineated the NNE orientation of mineralised gold zones,including zones rich in high-grade antimony. Notably, drill hole23TCRC177 was strategically placed along pre-existing access tracks toexplore the potential for NE-trending mineralization. This drill holeyielded expansive mineralised zones located hundreds of meters awayfrom the established primary gold zone which remains open. "Thisachievement marks a significant milestone, opening a more extensivepotential strike length and revealing the potential for paralleltrends supported by soil anomalies. Notably, primary goldmineralisation remains open at varying depths and directions. Thestrategic drilling approach is concentrated on targeting near-surfaceoxide gold mineralisation, displaying grades comparable to, orsurpassing, the current head grades of nearby Kinross’s Fort KnoxMine, a local Tier 1 gold mine searching for additional oresupply."
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
jonathan@proactiveinvestors.com
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