Felix Gold

Felix Gold Ltd (ASX: FXG) is an ASX-listed gold explorer with two key brownfield projects in Alaska’s world-class and highly endowed Tintina Gold Province.

The company is on the cusp of value creation on two dimensions – expanding its resource and moving towards near-term low-capex production, with one pathway being a nearby 16Mtpa mill that is operating below capacity.

Key landholding in a world-class province

  • Strategic 392 km2 tenure in +16 Moz Fairbanks District adjacent to Fort Knox Mine and within 20 km of Fairbanks City mining and services hub.
  • Felix Gold’s focus projects
    • The Grant Mine contains 364koz @ 1.95g/t Au, including an underground resource of 136koz @ 6.2g/t Au. With a moderate amount of drilling, this could be taken to almost 1moz.
  • One pathway to near-term, low capex production is the nearby Fort Knox Mine’s 16Mtpa mill which is operating at 55% capacity, and whose owner Kinross is looking for new deposits to keep operating.

To stay up to date on Felix Gold’s corporate activity and announcements or to receive alerts on any company events, please register to our investor mailing list.

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Achievements to date

With the recently acquired exploration permits for Grant Mine and new ore transportation routes, Felix is excited to follow up on a wealth of rich exploration data with a targeted drill program that will add tonnage and grade to our already robust 364koz resource.

The Grant Mine is only 15 miles away from Fort Knox.

Exploration of NW Array throughout 2022 and 2023 produced numerous outstanding assays, such as 90m @ 1.2g/t Au from 32m, including 60m @ 1.6g/t Au from 42m, 70.1m @ 1.6g/t Au from 6.1m, including 7.6m @ 6.4g/t Au from 21.3m, and 54.9m @ 1.80g/t Au from 1.5m, including 30.5m @ 3.02g/t Au from 7.6m.

The campaign resulted in an initial exploration target of 76-92MT at 0.4-1.1g/t Au (Global estimate solely for the NW Array target), implying the potential to host up to 3.6Moz.

Driving value recognition in 2024

Key objectives for Grant Mine in 2024:

  • Launch a drilling campaign that builds on the Inferred JORC mineral resource of 364koz @ 1.95g/t Au, including an underground resource of 136koz @ 6.2g/t Au, that stems from a historical drilling database of 400 holes across 30,000m.
  • Follow up on the Grant Mine’s rich exploration history, with significant drill intercepts showcasing its immense potential including 18.29m @ 11.22 g/t Au from 10.67m, 6.07m @ 17.20 g/t Au from 188.21m (including 0.3m @ 208.25g/t Au), 4.57m @ 19.69 g/t Au from 59.44m, and 6.28m @ 14.00 g/t Au from 179.53m. 
  • Target the additional tonnage and grade that can come from the exploration target of 5.6Mt – 6.6Mt @ 1.9g/t Au – 2.1g/t Au for 338koz – 545koz, which is in addition to the existing resource.

Key objectives for NW Array in 2024

  • Initial Mineral Resource delineation at NW Array Southern Zone, followed by further infill drilling
  • Metallurgical test work to prove high recoveries of oxidised zones
  • Commence commercial development discussions with partners
  • Drill testing of other major target areas – Scrafford Shear(s), and East Gate
  • Delineate additional 1-2 Exploration Targets across Treasure Creek Project

Exploration newsflow pipeline

To stay up to date on Felix Gold’s corporate activity and announcements or to receive alerts on any company events, please register to our investor mailing list.

Our Team

Board
Management

Ronnie Beevor

Non-Executive Chairman

Ronnie Beevor

Non-Executive Chairman

Ronnie has over 40 years’ experience in investment banking and mining. He was Head of Investment Banking at Rothschild Australia between 1997 and 2002. Since then, he has been Chair or a Non-Executive director of a range of mining companies, both in Australia and internationally. Ronnie is currently Chair of Bannerman Energy, which holds the large Etango uranium deposit in Namibia.

Joseph Webb

Executive Director

Joseph Webb

Executive Director

Joe has more than 20 years’ international experience in the resources industry. He is a founder and Director of Mine Discovery Fund which spans precious and base metals assets globally. Joe has held previous commercial roles in Rio Tinto and executive and operations roles across the full mining life cycle. He is experienced across multiple commodities including gold, copper, iron-ore and nickel as well as M&A, capital raising and IPOs.

Mark Strizek

Non-Executive Director

Mark Strizek

Non-Executive Director

Mark Strizek has more than 27 years’ experience in the resource industry having worked as a geologist on various gold, base and technology metal projects. Mark brings invaluable geological, technical, and development expertise to Felix, recently overseeing Tietto Minerals’s transition from IPO to first gold production at the Abujar Gold Project in West Africa. Mark has worked as an executive with management and Board responsibilities in exploration, feasibility, finance and development-ready assets across Australia, West Africa, Asia and Europe.

Andy Browne

Non-Executive Director

Andy Browne

Non-Executive Director

Andy is a geologist with over 48 years of global experience in minerals exploration and evaluation. Andy was the team leader in discoveries of gold, mineral sands and uranium, including NexGen’s giant Arrow uranium deposit discovery in Canada. Andy brings proven ore body finding expertise to the Felix Board.

Craig McPherson

Company Secretary and Chief Financial Officer

Craig McPherson

Company Secretary and Chief Financial Officer

Craig has over 20 years of commercial and financial management experience including an extensive period within the mining and resources sector in Australia and Overseas.

Craig has held various executive roles with ASX and TSX listed companies within the resources sector over the past 15 years as Chief Financial Officer, Director and Company Secretary. These roles aided in the development of a comprehensive understanding of business and provided exposure to management and oversight of significant corporate transactions (M&A), acquisitions and divestments, financing initiatives, and stock exchange listings.

Rebecca Gower

Exploration Manager

Rebecca Gower

Exploration Manager

Rebecca has over 20 years of experience in the exploration industry across various locations including Canada, the USA, Uruguay, and Australia. Her involvement spans all aspects of exploration, ranging from grassroots exploration to resource definition, with a wealth of experience in gold, copper, nickel, and platinum. Rebecca brings her well-established exploration skills to the Felix operations team in Alaska.

Register for an upcoming investor briefing with Felix Gold’s Executive Director Joseph Webb to discuss the company’s competitive position and future goals.