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Felix Gold Ltd. ( (AU:FXG) ) has shared an update.
Felix Gold Limited has completed its trenching program at the Treasure Creek Project, revealing significant high-grade antimony and gold mineralization. The results, including intersections exceeding 35% antimony and 5.29 g/t gold, bolster the company’s production potential and strategic positioning as a critical supplier amid global supply chain concerns. The project is expected to become a vital source of antimony, essential for national security and industrial applications, particularly as geopolitical factors influence supply dynamics.
More about Felix Gold Ltd.
Felix Gold Limited (ASX:FXG) is an exploration company focusing on mineral resources, primarily antimony and gold. The company operates within the mining industry, with a market focus on developing high-grade mineral projects in strategic locations to address supply chain challenges.
YTD Price Performance: 56.25%
Average Trading Volume: 749,839
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$41.11M
For a thorough assessment of FXG stock, go to TipRanks’ Stock Analysis page.