Delving into Alaska’s prolific Fairbanks mining district, Felix Gold looks ripe for the picking
Special Report: Felix Gold is positioning itself as a low-capex miner in Alaska’s Tier 1 Fairbanks gold mining district as gold prices shoot through all-time highs.
ANZ recently stated it expects gold to trade near US$2,500/oz by the end of 2024 and Goldman Sachs has a US$2,700/oz price target by year-end, up from US$2,300/oz in its previous analysis. Both are bullish on a gold run past then too.
This could be music to the ears of investors and near-term developers such as Felix Gold (ASX:FXG) alike – a resources player which has snapped up the 364,000oz (including 126,000oz @ 6.2g/t gold underground) Grant mine and the highly prospective Treasure Creek project.
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