Felix Gold

Joe Webb

Executive Director

Why Invest in Felix Gold | ASX: FXG

Technical and scientific information on this website relating to exploration results, mineral resource estimates, ore reserve estimates, metallurgical test work, and mining projects is extracted from ASX announcements available via the Announcements section of this website.

Felix Gold confirms that it is not aware of any new information or data that materially affects the information included in those announcements. In the case of estimates of mineral resources or ore reserves, all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.

Full Competent Person statements and JORC Code Table 1 disclosures are included in the original ASX announcements.

Forward-looking statements on this website are based on current expectations and involve known and unknown risks and uncertainties. Actual results may differ materially from those expressed or implied.

Near-Term Treasure Creek Antimony Project

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Treasure Creek Antimony Project | Felix Gold Ltd (ASX: FXG)

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Roboto

Welcome to Felix Gold

A Rare Convergence: Strategic Commodity, Proven Geology, Government Alignment

Felix Gold offers investors exposure to one of the most compelling opportunities in the critical minerals space: a high-grade antimony discovery in Alaska, positioned to support domestic U.S. supply of a defense-critical metal in severe supply deficit—backed by established gold resources in a world-class mining district.

This is not a junior exploration story. This is a company advancing real solutions to a national security problem, with proven geology, exceptional infrastructure, and strong government support.

Exposure to a critical mineral in structural deficit

, with prices rising significantly as Western governments race to secure supply

A high-grade, near-surface antimony discovery

 enabling precision-scale operations with a small footprint

 via low-capex, modular development pathway

Established gold resources (831 koz JORC)

 providing diversification and long-term value

Strategic alignment with U.S. government priorities

 and potential funding pathways under federal actions

 in Alaska with proven mining history and clear regulatory framework

 with track record of technical execution

This is a rare opportunity to invest in a company advancing solutions to a national security imperative—with proven geology, strong government support, and clear pathways to production.

Felix is pursuing a development model designed for speed, efficiency, and scalability:

Direct Access to High-Grade Mineralisation


Stibnite veins exposed at surface with existing road infrastructure enable low-cost, rapid-access mining potential.

Felix is assessing the viability of simple crushing, screening, and concentration processes rather than large capital-intensive builds. This approach allows for a smaller environmental footprint, faster permitting, and early cashflow potential.

By focusing on surface mining rather than underground development, the company can advance toward conceptual small-scale production while continuing exploration to define long-term growth opportunities.

This approach offers a small-scale solution to a large-scale supply gap, supporting U.S. supply chain security while creating first-mover advantage in a tightening global market.

Treasure Creek hosts extensive high-grade stibnite (antimony) mineralisation at the NW Array prospect. The system features:

; massive crystallized stibnite with visual estimates up to 

: 25-metre outcropping stibnite vein, with additional massive stibnite zones up to 1 metre wide discovered during drill pad construction in October 2025—expanding the known system 35 metres east and 75 metres west

: Over 90 drillholes have extended mineralisation across approximately 200 m × 125 m to >150 m vertical depth

: Multiple structural orientations indicate the antimony system extends well beyond current drill coverage and remains open in all directions

The combination of near-pure stibnite at surface, thick continuous zones at depth, and expanding system scale confirms Treasure Creek as a globally significant antimony discovery with the potential to support the U.S. defense industrial base with secure, high-purity antimony feedstock.

Metallurgical test work produced approximately 

 using conventional gravity and flotation methods—validating a straightforward processing pathway and confirming commercial viability.

Precision-scale Operations with a Small Footprint

Felix Gold is exploring the potential for a targeted development strategy at their Treasure Creek Antimony Project, beginning with high-grade antimony mineralisation located close to surface. These near-surface zones support 

without the need for large-scale excavation.

By focusing on high-density mineralised zones rather than broad, low-grade areas, Felix can extract more metal from less ground. This 

precision-based approach reduces environmental disturbance

, limits waste movement, and keeps the overall site footprint compact.

It’s an efficient, responsible way to begin producing a critical mineral that plays a key role in national security, technology, and clean energy.

The Trump Administration has declared a national energy emergency and invoked the Defense Production Act to prioritise domestic critical mineral production. Key Executive Orders include:

Executive Order 14156 — Declaring a National Energy Emergency (January 20, 2025)

: Formal emergency declaration with streamlined processes and emergency authorities

Executive Order 14241 — Immediate Measures to Increase American Mineral Production (March 20, 2025)

: Invokes Defense Production Act for critical minerals, directing agencies to accelerate capacity with expedited timelines

Felix's antimony development aligns directly with these federal priorities, creating potential pathways to:

 under federal critical minerals initiatives

 similar to Department of Defense rare earth contracts

Alaska's mining-friendly regulatory environment and clear permitting framework further de-risk project advancement.

Advanced semiconductors for surveillance and aerospace

Solar panel glass production (fastest-growing antimony market)

Yet the U.S. faces a critical vulnerability:

China banned antimony exports to the U.S.

 on December 3, 2024, intensifying the supply shortfall

: from approximately US$11,000/tonne in early 2024 to over US$60,000/tonne in 2025

The U.S. has not produced antimony domestically in over 30 years. The Department of War has identified antimony as a critical shortfall requiring urgent action.

Felix Gold is advancing drilling, metallurgical studies, and permitting toward near-term production. Backed by disciplined technical execution and proactive regulatory engagement, Felix’s staged development approach minimises risk while fast-tracking early cash flow potential. Supported by U.S. policy incentives and strategic interest, the company is building a foundation for long-term supply into defense, energy, and technology sectors.

While antimony drives near-term focus, Felix's 

: projects located approximately 20–30 kilometres from Kinross Gold's Fort Knox Mill

This dual-commodity approach balances near-term critical mineral development with long-term precious metal upside—providing resilience across commodity cycles.

"What makes Treasure Creek unique isn't just the grade—it's that we have near-pure stibnite at surface with the infrastructure to move fast. While other projects are years away just on permitting and access, we're engineering a low-capex pathway to production. The U.S. antimony supply challenge requires immediate solutions. Treasure Creek is built to deliver them."

—Alaska's established mining hub. This location delivers critical advantages that competing remote projects simply don't have:

 via major industrial highway—no ice roads, no seasonal shutdowns

—low-cost electricity already connected

—existing infrastructure, not future capital

—century of mining expertise, no fly-in/fly-out costs

—experienced regulators, predictable timelines

 While other antimony projects face years and tens of millions just on infrastructure, Treasure Creek can focus capital on production. This enables Felix's 

Government Alignment and Funding Pathways

Felix is progressing Treasure Creek through systematic drilling, metallurgical validation, engineering studies, and regulatory engagement:

 across RC and diamond drilling, with results confirming high-grade continuity and ongoing drilling to expand the footprint

 commercial-grade concentrate production (approximately 69% Sb at approximately 85% recovery)

; multi-year operational permit in preparation

 to further define high-grade zones and expand resource footprint

 following completion of drilling program

"We're advancing each stage methodically—drilling, metallurgy, and design—to establish a U.S. antimony supply chain capable of delivering strategic independence."


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