Felix Gold offers near-term exposure to high-grade U.S. antimony, one of the world’s most strategic and supply-constrained critical minerals, backed by exceptional surface grades and a fast, low-capex pathway to production and a growing 830koz gold inventory.
Felix Gold Limited (ASX:FXG)
FXG
Lead Manager
Contact - Jake Grbavac
0474 484 982
jake@liquidity.com.au
Offer Price
A$0.360
per share
Offer Size
A$18,000,000
Offer Details
Issue Price (Per Share)
A$0.360
Discount
5.26%
Offer Size
A$18,000,000
Shares Available
50,000,000
A$18m placement, with the ability to accept overs. Offer Price: A$0.36 per share.
Discount
- Last Close: 13.3%
- 5 day VWAP: 12.1%
- 10 day VWAP: 13.8%
Documents & Downloads
Company Overview
Felix Gold Limited is advancing a strategic portfolio of antimony and gold assets across the high-grade Fairbanks Mining District in Alaska, supported by exceptional local infrastructure and 100% ownership of extensive landholdings. The Company’s gold assets include the 364koz Grant Mine resource and 467koz at NW Array, located just 30km from Kinross’s Fort Knox mill.
Felix is rapidly progressing toward potential near-term antimony production, with surface high-grade stibnite zones (up to 50.26% Sb) and fully mobilised bulk-sampling infrastructure targeting first output in Q4 2025–Q1 2026, subject to permitting. Funds from the A$18m placement at A$0.36/share will support exploration, feasibility work and operational expansion as the Company accelerates development of its critical minerals and gold projects.
Extensive landholdings in prolific Fairbanks Mining District, Alaska (100%)
- Fairbanks city a 20 mins drive – workforce, power, water, accommodation, airport, roads.
- Antimony Projects – NW Array & Scrafford Mine.
- Gold Projects – NW Array, Grant Mine & NE Fairbanks
Targeting potential near term Antimony production
Start small, start fast – targeting Q4 2025 to Q1 2026 initial production from bulk sampling, subject to permitting.
- Bulk sample operation – site fully mobilised.
- High grade mineralisation at surface – up to 3m @ 50.26% Sb, open along strike & at depth.
- Potential low-capex, modular approach – crushing, screening and concentration.
- Accelerated pathway – small-scale surface mining.
- Bulk sampling permit amendment lodged, multi-year permit targeting Q1 2026 submission.
National attention – U.S. Federal Agencies undertook site visit to inspect Treasure Creek in Sep 25.
World-class grades – 5 of 7 best intercepts globally occurring from
Gold Assets
- Grant Mine – 5.8Mt @ 1.95 g/t for 364koz Au including underground 136koz @ 6.2g/t Au.
- NW Array – 25Mt @ 0.58g/t for 467Koz Au. 30km from Kinross’s Fort Knox Mill and heap leach.
Use of Funds
Use of Funds
1.
Exploration
2.
Feasibility Studies
3.
Operational Expansion
4.
Working Capital
Disclaimer
This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Felix Gold Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.
Disclosure of Interest: Liquidity receives commission from dealing in securities and its introducers of business may directly share in this commission. Liquidity and its associates may hold shares in Felix Gold Limited.
