Felix Gold Secures Government Permit to Bulk Sample Antimony Ore Material at Alaska Project; Shares Up 13%
MT Newswires Live
Mar 23
Felix Gold (ASX:FXG) secured approval from the Alaska Department of Natural Resources for a bulk sampling trench of about 1,600 tons of antimony ore material at the NW Array prospect within the Treasure Creek project, according to a Monday filing with the Australian bourse.
The bulk sample targets the massive stibnite veins, where previous test work confirmed 89% antimony-bearing minerals before processing, the filing said.
Ore extraction operations are expected to begin in the near term, per the filing.
Shares rose 13% in morning trade on Monday.
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