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(41) stories found containing 'felix gold'


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  • Map of Felix Gold’s Treasure Creek property and newly opened claims.

    Felix Gold opens new NW Array potential

    Shane Lasley, Mining News|Updated May 16, 2024

    Secures right to explore prospective gold expansion targets to the west of pending NW Array resource. Felix Gold Ltd. May 16 announced that it now has the ability to explore expansion targets adjacent to the Northwest Array (NW Array) gold target on its Treasure Creek project about 12 miles north of Fairbanks, Alaska. Felix began assembling a large land package covering gold prospects in the Fairbanks Mining District during 2020. A compilation of historical data and...

  • Mineshaft outlined by Alaska on a background of mineral periodic table entries.

    AIDEA for Alaska critical mineral funding

    Shane Lasley, Mining News|Updated May 8, 2024

    HB122 would authorize AIDEA to issue up to $300 million in bonds and leverage federal funding for critical mineral infrastructure projects in Alaska. Home to 49 out of the 50 minerals deemed critical to the United States, Alaska has the potential to be a reliable domestic source of the mined materials vital to high-tech, clean energy, and national defense. America's Last Frontier, however, is often lacking when it comes to the infrastructure needed to fully unlock the state's... Full story

  • A driller tests for gold as the snow melts on a spring day in Alaska.

    Felix Gold preps for NW Array resource

    Shane Lasley, Mining News|Updated May 8, 2024

    With metallurgical tests returning an average of 90% gold recoveries, Felix looks ahead to first resource calculation for emerging gold deposit. Felix Gold Ltd. April 10 reported that recent metallurgical test work returned strong gold recoveries for the oxidized material within the Northwest Array (NW Array) target at Treasure Creek, which lays the groundwork for calculating a maiden resource for this gold-antimony project about 12 miles west of Kinross Gold Corp.'s Fort...

  • Map showing Felix Gold properties in relation to Fairbanks and Fort Knox Mine.

    Felix Gold takes fresh look at Grant Mine

    Shane Lasley, Mining News|Updated Mar 21, 2024

    Plans to carry out drilling to expand high-grade gold resource; primary focus remains on NW Array gold. Felix Gold Ltd. March 15 announced that it is taking a fresh look at a potential pathway to establishing a mine at the historical Grant gold mine a few miles northwest of Fairbanks, Alaska. A high-grade deposit was discovered at Grant in 1926 and small-scale mining was carried out there until 1942. Interest in the high-grade gold deposit was renewed in the 1970s and mining...

  • Mining executive and Alaska governor on a ridge overlooking the Skwentna River.

    Critical year for Alaska mineral exploration

    Shane Lasley, Data Mine North|Updated Feb 1, 2024

    With Donlin Gold reentering the feasibility study stage, Ambler Metals waiting on the reevaluation of the permit needed for a road to the Ambler Mining District, and an overall lack of investment capital, mineral exploration spending in Alaska dropped during 2023. While the overall sector was down, there continued to be some bright spots – most notably, a growing interest in Alaska's critical minerals potential. In July, the U.S. Department of Defense awarded Graphite One I... Full story

  • Drill tests gold and antimony mineralization north of Fairbanks, Alaska.

    Group behind Felix excited about Alaska

    Shane Lasley, Data Mine North|Updated Jan 17, 2024

    Since emerging on the Alaska mineral exploration scene in 2021, Felix Gold Ltd. has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District and is working toward establishing an inaugural resource at one of the most prospective gold targets discovered so far on this enormous land package. As Felix carries out systematic drilling to outline an at-surface gold-antimony resource at the NW Array target on its Treasure Creek property about... Full story

  • Chess board underlain by China and US flags representing strategic positioning.

    AMA gathering abuzz with critical minerals

    Shane Lasley, Mining News|Updated Nov 30, 2023

    From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought... Full story

  • Map of Felix Gold exploration project in the Fairbanks Mining District, Alaska.

    High-grade antimony at Treasure Creek

    Shane Lasley, Mining News|Updated Oct 19, 2023

    Felix Gold drills up to 28% antimony, including 6.1m of 13% Sb at project near Fairbanks, AK Felix Gold Ltd. Oct. 19 reported that assays from the 2023 drill program at the NW Array target returned high-grade antimony that elevates the criticality of the company's Treasure Creek project in Alaska. Since its emergence on the Alaska mining scene in 2021, Australia-based Felix has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District of...

  • A driller tests for gold during a spring program near Fairbanks, Alaska.

    NW Array gold-antimony trend unfolding

    Shane Lasley, Mining News|Updated Jul 26, 2023

    Felix Gold Ltd. July 24 reported another batch of assay results that show its 2023 drill program at Treasure Creek is outlining a trend of strong near-surface gold and antimony at the NW Array target on this exploration property about 20 miles north of Fairbanks, Alaska. The Australia-based company completed 4,695 meters of drilling in 50 holes during an early season program at Treasure Creek. This drilling included 4,278 meters of resource delineation drilling in 45 holes at...

  • Drill outline multi-million-ounce gold resource north of Fairbanks, Alaska.

    Group behind Felix excited about Alaska

    Shane Lasley, Mining News|Updated Jul 20, 2023

    Australia-based Mine Discovery Fund launches Wiseman Metals to explore Doyon-owned copper & critical minerals properties; more deals to come. Since emerging on the Alaska mineral exploration scene in 2021, Felix Gold Ltd. has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District and is working toward establishing an inaugural resource at one of the most prospective gold targets discovered so far on this enormous land package. As Felix...

  • A driller tests for gold during a spring program near Fairbanks, Alaska.

    Felix strikes gold at NW Array target

    Shane Lasley, Mining News|Updated Jul 6, 2023

    Felix Gold Ltd. July 3 reported that initial assay results from the 2023 program at Treasure Creek show that the drilling is beginning to define a trend of strong near-surface gold mineralization at NW Array, the initial exploration target on this property about 20 miles north of Fairbanks, Alaska. In May, Felix launched a drill program that was slated to involve 3,500 meters of drilling in 30 to 40 reverse circulation holes focused on establishing a near-surface resource at...

  • Map showing Felix Gold’s Fairbanks Mining District landholdings.

    Felix Gold begins NW Array infill drilling

    Shane Lasley, Mining News|Updated Jun 15, 2023

    Felix Gold Ltd. May 30 announced the start of an infill drill program aimed at establishing a maiden resource for the NW Array target on the company's Treasure Creek gold-antimony project about 20 miles north of Fairbanks, Alaska. After completing an A$10 million (roughly US$7 million) initial public offering and listing on the Australian Securities Exchange at the beginning of 2022, Felix launched its first drilling at Treasure Creek with shallow reverse circulation holes at...

  • Once located on the shores of the Tanana River, Chena became a ghost town.

    Rediscovering the gold rush town of Chena

    A.J. Roan, Mining News|Updated Mar 2, 2023

    In the days before Fairbanks' rise to prominence as the economic and transportation hub of Interior Alaska, a small trade camp about five miles downriver was already attracting all the attention. The town, dubbed "Chena," served as the port and resupply point for the multitudes of stampeders traveling up the Yukon and Tanana Rivers in search of riches in Alaska's gold-rich streams. As the fervor of the Klondike Gold Rush began to cool, news spread of gold being discovered on... Full story

  • Stack of large gold bars from the Gil deposit at the Fort Knox Mine in Alaska.

    Golden potential, critical opportunities

    Shane Lasley, Data Mine North|Updated Feb 2, 2023

    Gold dominates Alaska mineral exploration, but a critical shift arises. Since the discovery of gold in what is now the Alaska capital city of Juneau, prospectors, geologists, and fortune seekers have spent more than 140 consecutive summer seasons exploring The Last Frontier's golden potential. With these endeavors turning up rich aurum lodes in every corner of the state, except for the oil-rich North Slope, the nearly century-and-a-half tradition of seeking and discovering wor... Full story

  • Aerial photo of the Nikolai project with an overlay depicting the Eureka zone.

    Millrock generates Alaska project interest

    Shane Lasley|Updated Jan 18, 2023

    As a project-generating exploration company, Millrock Resources Inc. identifies and secures grassroots mineral projects and brings on partners to fund the high-risk early stages of exploration. During 2022, two Australian companies had drills turning on large gold properties Millrock assembled in Alaska's Fairbanks and Goodpaster mining districts. The largest of these programs was carried out by Felix Gold Corp. on the Treasure Creek property in the Fairbanks District, a... Full story

  • A crew of three operates a reverse circulation drill testing for gold in Alaska.

    Felix Gold discovers Treasure in Alaska

    Shane Lasley|Updated Jan 18, 2023

    With the January completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange, Felix Gold Ltd. went into 2022 well-positioned to begin drilling the large package of gold exploration properties it had assembled in Alaska's Fairbanks Mining District. As a private company, Felix entered into a strategic alliance with Millrock Resources Inc. in 2021 on several Interior Alaska gold exploration projects – Treasure Creek a...

  • A crew of three operates a reverse circulation drill testing for gold in Alaska.

    Felix Gold grows Treasure Creek discoveries

    Shane Lasley, Mining News|Updated Dec 2, 2022

    Millrock Resources Inc. Nov. 21 reported that the 2022 drilling being carried out by Felix Gold Ltd. continues to cut significant near-surface gold mineralization in multiple zones on the Treasure Creek property in Alaska's Fairbanks Mining District. As a private company, Felix entered into a strategic alliance with Millrock in 2021 on several Interior Alaska gold exploration projects – Treasure Creek and Ester Dome near the city of Fairbanks, plus the Liberty Bell project abo...

  • Drill crews begin the first hole at Felix Gold Treasure Creek property in AK.

    Millrock partners drill AK gold projects

    Shane Lasley, Mining News|Updated Sep 22, 2022

    Felix hits gold at Treasure Creek; Resolution awaits more assays from Tourmaline Ridge Australian mineral exploration companies have been busy this summer with drill programs targeting gold prospects on the Treasure Creek and 64North projects that Millrock Resources Inc. has generated in Alaska's Fairbanks and Goodpaster mining districts. Treasure Creek is one property that makes up an enormous land package that Millrock and Felix Gold Ltd. have accumulated in the Fairbanks...

  • A fall view of the True North and Fort Knox gold mines in the distance.

    Felix drills more Treasure Creek gold

    Shane Lasley, Mining News|Updated Aug 11, 2022

    Felix Gold Ltd. Aug. 1 announced additional near surface gold intercepts from the 15,000-meter drill program being carried out this year on the Treasure Creek project about 20 miles north of Fairbanks, Alaska. Situated about 13 miles west of Kinross Gold Corp.'s Fort Knox Mine, Treasure Creek hosts numerous prospects with interesting drill intersections reported by previous explorers on the property. Roughly 2,000 soil samples collected last year identified two key targets...

  • Drill rig being prepared to test for gold on Treasure Creek property in Alaska.

    Felix strikes gold in second Alaska hole

    Shane Lasley, Mining News|Updated Jun 23, 2022

    Cutting 28.9 meters averaging 1.43 grams per metric ton gold in its second hole, Felix Gold Ltd. is off to a strong start at its Treasure Creek project a few miles north of Fairbanks, Alaska. Felix is an Australian mineral exploration company that was founded specifically to explore for gold in the Fairbanks Mining District, which was discovered by the company's namesake, Felix Pedro, in 1902. Early in 2022, Felix entered into a strategic alliance with Millrock Resources Inc....

  • A map of Felix Gold’s exploration properties north of Fairbanks, Alaska.

    Felix Gold claims more Fairbanks ground

    Shane Lasley, Mining News|Updated May 26, 2022

    Felix Gold Ltd. May 25 announced that it has leased 6,203 acres of gold prospective properties in the Fairbanks Mining District from the Alaska Mental Health Trust Land Office. Lying between Felix' Northeast Fairbanks and Treasure Creek claim packages, this newly leased MHT group of claims lies within 400 meters of the mill at Kinross Gold Corp.'s Fort Knox Mine and roughly 200 meters from the Dolphin deposit on Freegold Ventures Ltd.'s Golden Summit project. Felix says the...

  • Geologists explore Treasure Creek gold property north of Fairbanks, Alaska.

    Felix Gold begins 2022 Alaska drilling

    Shane Lasley, Mining News|Updated May 12, 2022

    Millrock Resources Inc. May 4 announced that Felix Gold Ltd. has begun drilling on the Treasure Creek gold project north of Fairbanks, Alaska. Early in 2021, Felix entered into an alliance with Millrock on several Interior Alaska gold exploration projects – Treasure Creek and Ester Grant near Fairbanks, plus the Liberty Bell project about 70 miles to the southwest. Earlier this year, Felix completed a A$10 million (U$7.1 million) initial public offering and listed on the A...

  • Felix Gold Millrock Resources Fairbanks Mining District project generator 2022

    Busy 2022 on Millrock's Alaska projects

    Shane Lasley, Mining News|Updated Mar 4, 2022

    From an expected multimillion-dollar exploration program on the hardrock sources of the placer gold discovered by Felix Pedro in the Fairbanks Mining District 120 years ago to preliminary investigations of the Nikolai nickel-copper-cobalt-chromium-platinum group element project recently added to its portfolio, Millrock Resources Inc. is looking forward to a busy year of exploration on the properties it has generated in Alaska. "Millrock is looking forward to a very active...

  • Exploring Alaska's golden mining future

    Shane Lasley, Data Mine North|Updated Feb 24, 2022

    While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from... Full story

  • Felix Gold Pedro Fairbanks Mining District map Millrock Resources Treasure Creek

    Felix Gold completes A$10 million IPO

    Shane Lasley, Mining News|Updated Feb 10, 2022

    Felix Gold Ltd. Jan. 31 announced the completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange under the ASX symbol FXG. "This is a significant milestone for your company and the board of Felix would like to thank all shareholders for their strong support," Felix Gold Managing Director and CEO Kylie Prendergast penned in a Jan. 31 letter to shareholders. "Listed or unlisted, our overarching objective of becoming a...

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