Felix Gold Ltd. (AU:FXG) has provided an update on its ongoing efforts to advance its gold projects.
Focus on Resource Expansion and Economic Studies
The company is concentrating on expanding resources and conducting economic studies, particularly at the Grant Mine and NW Array projects. The Grant Mine has a high-grade JORC compliant Inferred Resource and a history of high recoveries, indicating strong potential for future success. On the other hand, NW Array is showing promising results with a ~90% recovery rate in metallurgical tests and is awaiting the release of its maiden JORC Inferred Resource.
Discovery of High-Grade Antimony
In addition to the progress in gold projects, Felix Gold Ltd. has made a significant discovery of high-grade antimony. This finding not only adds value to the company’s portfolio but also highlights the potential for domestic supply of this critical metal, further diversifying its resource base.
Stay Informed
To stay updated on the latest developments regarding AU:FXG stock, investors can visit TipRanks’ Stock Analysis page for further insights.
