FXG – Felix Gold | Aussie Stock Forums

Felix Gold is an Australian exploration company with an interest in gold projects within the highly prospective Fairbanks District of the Tintina Gold Province in Alaska. The Fairbanks District has been the source of more than 16 million oz of past production of gold, with Kinross’s Fort Knox the current main producing mine.

The Felix group of companies have an interest (mining claims or an exclusive right to explore and option to acquire mining claims) in:

  • Treasure Creek Project: consists of land of 11,573 hectares, where immediate drill targets are defined. New exploration geophysics and geochemistry and historical soil geochemistry, shallow drill holes and trenches have highlighted broad areas of low to moderate grade gold mineralisation at surface believed to be indicative of a significant mineralising system.
  • NE Fairbanks Project: consists of land of 14,638 hectares close to known gold mines and gold deposits and where new soil geochemical samples have highlighted a broad zone of anomalous gold-in-soil at surface.
  • Grant-Ester Project: consists of land of 3,397 hectares that includes the Grant mine which has mineral resources (JORC 2012) in Inferred category of 5.807 Mt grading 1.95 g/t Au for 364,000.
  • Liberty Bell Project: consists of land of 9,623 hectares that is a site of a historical gold mine within a larger poorly explored area of anomalous gold-in-soil and gold in rock samples. An Exploration Target (JORC, 2012) for the gold skarn deposit is from 1.2 Mt to 1.83 Mt grading between 2.3 g/t Au and 2.66 g/t Au for 93,500 ounces to 156,700 ounces of gold.

It is anticipated that FXG will list on the ASX during January 2022.

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