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Felix Gold Ltd. ( (AU:FXG) ) has provided an update.
Felix Gold Limited has reported promising high-grade antimony assay results from its NW Array prospect, confirming the down-dip extensions of surface mineralization and showcasing strong grades at shallow depths. This development aligns with the U.S. government’s push for domestic antimony production amid global supply shortages, positioning Felix Gold to potentially capitalize on high antimony prices and geopolitical dynamics. The company is advancing its project with ongoing drilling, environmental studies, and a permit amendment for bulk sampling, targeting near-term production and long-term strategic operations.
More about Felix Gold Ltd.
Felix Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold and antimony resources. The company is strategically positioned to support the U.S.-aligned critical mineral strategy, especially in light of global supply chain challenges.
Average Trading Volume: 2,291,327
Technical Sentiment Signal: Buy
Current Market Cap: A$270.4M
For an in-depth examination of FXG stock, go to TipRanks’ Overview page.