Felix Gold (ASX: FXG) has unearthed new high-grade antimony assays from past drilling at the historic Scrafford mine within the Treasure Creek project in Alaska. These findings have amplified the company's focus on antimony production, showcasing the project's significant potential. The results, derived from a review of a 2022 drilling campaign, reveal compelling antimony intercepts, adding to the already impressive high-grade antimony results from the 2023 drilling campaign. These recent discoveries have put the Treasure Creek project firmly in the spotlight, positioning it as a potential hub for high-grade antimony production.

The Significance of High-Grade Antimony Intercepts

The recent assays have unveiled significant antimony intercepts, adding to the existing data and strengthening the case for the Treasure Creek project's economic viability. Some of the notable intercepts include:

• 3m at 14.24% from 7.62m
• 1.5m at 15.99% from 86.87m
• 7.5m at 3.3% from 141.7m, including 1.5m at 7.43% These intercepts bolster the previously reported high-grade antimony results from 2023 drilling, further substantiating the project's potential for high-grade antimony production.

A Comprehensive Antimony Strategy

Felix Gold is not only focusing on high-grade antimony production but is actively pursuing a multifaceted strategy to capitalize on this strategic metal's growing importance. The company's plans include:

• Near-term antimony production: Felix Gold is currently evaluating the feasibility of near-term antimony production as a value creation pathway, complementing their existing plans for expanding the Treasure Creek's gold resource.
• Collaboration with US government agencies: The company is exploring collaboration with US government agencies to support the security of the critical metal supply chain.

Treasure Creek: A Promising Gold-Antimony System

The Treasure Creek project holds a promising future as a large-scale gold-antimony system. The identification of high-grade antimony mineralization in multiple locations has been confirmed at various prospects, including the historic Scrafford and Goodwin mines. Notably, the project boasts numerous prospects with substantial grades, indicating significant potential for multiple high-grade feeder zones that can support Felix Gold's immediate initiatives for antimony production. The project's history of gold production further adds to its allure, with the Scrafford mine showcasing a proven record of production, achieving grades of up to 58% antimony.

A Focus on Efficiency and Cost-Effectiveness

Felix Gold is committed to optimizing the project's efficiency and cost-effectiveness. The high-grade nature of the deposit presents a compelling opportunity to reduce the complexities and costs associated with processing, potentially paving the way for a low-cost operation. Past success with a straightforward gravity separation method suggests that a relatively simple and cost-effective processing plant could be implemented for future operations, minimizing capital expenditure and technical risks. Additionally, the presence of accessible high-grade ore near the surface reinforces the possibility of swift production.

A Look at the Future of Treasure Creek

Felix Gold is moving forward with a clear vision for the future of the Treasure Creek project. The company is actively pursuing opportunities for near-term antimony production, recognizing the strategic importance of this critical metal. The project's significant potential for both gold and antimony production coupled with the company's commitment to efficiency and cost-effectiveness makes Treasure Creek a promising prospect for the future.

A Catalyst for Growth

The new high-grade antimony assays and Felix Gold's strategic approach to antimony production have positioned Treasure Creek as a compelling investment opportunity. The project's strong fundamentals and the growing demand for antimony indicate a promising future for Felix Gold and the Treasure Creek project.