Felix Drills Thick Gold Zones at NW Array

2025 drilling cuts gold grades well above resource average alongside high-grade antimony at Treasure Creek

Apr. 3, 2026 at 12:00am

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A highly textured, abstract painting in muted earth tones of ochre, sage, and deep blue, featuring sweeping geometric arcs, concentric circles, and precise botanical spirals, conveying the complex natural forces and mineral deposits at the Treasure Creek project site.A conceptual illustration depicting the intricate geological forces and mineral deposits that have made the Treasure Creek project a strategic asset for critical mineral production.Fairbanks Today

Felix Gold Ltd. reported that its 2025 drilling at the NW Array deposit on its Treasure Creek project in Alaska cut multiple zones of strong gold mineralization alongside high-grade antimony. The company is focused on rapidly developing a small but high-grade antimony mine at NW Array, but the near-surface gold mineralization originally drew the company to the project.

Why it matters

The discovery of significant gold mineralization alongside the high-grade antimony at NW Array could provide Felix Gold with additional revenue streams and development options for the project. Antimony is a critical mineral used in military applications, and the company's ability to produce supply-chain-significant quantities of military-grade antimony is a key strategic focus.

The details

The 2025 drilling at NW Array cut thicker zones of gold mineralization with grades well above the average resource grade of 0.58 g/t. Highlights include 37.65 meters at 2.02 g/t gold, 11 meters at 4.44 g/t gold, and 25.91 meters at 1.84 g/t gold. The company also reported high-grade antimony intercepts, including 4.92 meters at 12.53% antimony. Felix plans to collect a 1,600-ton bulk sample of the high-grade antimony this year for processing.

  • The 2025 drilling program at NW Array was completed last year.
  • Felix plans to collect a 1,600-ton bulk sample of high-grade antimony later this year.

The players

Felix Gold Ltd.

An Australia-based mining company focused on developing the Treasure Creek project in Alaska, which hosts both high-grade antimony and gold mineralization.

Joseph Webb

Executive Director of Felix Gold Ltd.

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What they’re saying

“We are now seeing continuous zones of gold mineralization, including intervals exceeding 30 meters, hosted within the same structural corridor that delivers our high-grade antimony.”

— Joseph Webb, Executive Director

What’s next

Felix plans to collect a 1,600-ton bulk sample of the high-grade antimony at NW Array later this year and truck the material to a third-party facility for processing.

The takeaway

The discovery of significant gold mineralization alongside the high-grade antimony at the NW Array deposit provides Felix Gold with additional development options and potential revenue streams for the Treasure Creek project. The company's ability to produce supply-chain-significant quantities of military-grade antimony remains a key strategic focus.