Fairbanks Gold District

Treasure Creek

Treasure Creek is a large tenure package of 116 km2 surrounded by infrastructure located only 20 km from Fairbanks City.

There is evidence of gold from multiple sources:

  • Placer mining production from creeks draining from claims
  • Multiple large-scale soil anomalies with scale in excess of 1km
  • Historical drilling with intersections of Fort Knox grade profile characteristics. These drill intercepts are open.

Two key target areas are Eastgate-Scrafford Zone and NW Array. Felix have defined multiple drill ready targets and consider there is evidence of near surface bulk tonnage gold systems.

At Eastgate-Scrafford, Felix undertook a Pole-Dipole IP Survey and identified several geophysical anomalies adjacent to known mineralisation indicating a potential large-scale gold mineralisation system.

Treasure Creek gold in soil results
Eastgate-Scrafford Pole-Dipole IP (October 2021)

Grant-Ester

The historical Grant gold mine lies on 34 km2 tenure. Grant has four separate gold-bearing quartz veins, open to depth and open along strike.

The Inferred Mineral Resource estimate (JORC 2012) for Grant Mine of 5.8Mt @ 1.95 g/t Au for 364 koz gold (includes underground resource of 136 koz gold @ 6.2 g/t Au).

Felix has also established an Exploration Target (exclusive of the Mineral Resource) for the Grant Mine.

Felix is focussed on extensional drilling of identified high-grade gold zones and untested areas in the corridor. Selected significant intercepts include:

  • 18m @ 11 g/t Au
  • 6m @ 17 g/t Au
  • 6m @ 13 g/t Au
Grant Mine Cross Section Looking 030°

NE Fairbanks

NE Fairbanks comprises 146 km2 of tenure adjacent to extensive historical placers and within 10 km of Kinross’s Fort Knox  and Gil gold operation and Freegold Ventures Golden Summit project.

Soil sampling carried out by Felix in 2021 identified broad gold-in-soil anomalies.

NE Fairbanks near mine location and gold in soil results

Felix Mineral Resources

View our updated Mineral Resource Statement.

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