What's Happening?
Felix Gold is progressing towards antimony production at its Treasure Creek Project in Alaska, with production expected to begin between Q4 2025 and Q1 2026. Recent assay results have supported a favorable assessment of near-term production, with high-grade antimony intervals reported. The company is preparing a 1,600-tonne bulk sample for zones with over 80% stibnite content, aiming for direct-ship concentrate production.
Why It's Important?
The advancement of Felix Gold's antimony project is significant given the strategic importance of antimony, a critical mineral used in various industrial applications, including flame retardants and batteries. With China controlling a large portion of the global antimony supply, Felix Gold's project could enhance U.S. supply chain security and reduce dependency on foreign sources. This development aligns with broader efforts to secure critical mineral resources domestically.
What's Next?
Felix Gold plans to continue drilling and environmental studies to support sustained operations. The company aims to submit a multi-year permit application by early Q1 2026, which, if approved, could lead to long-term production and supply of antimony, benefiting U.S. industries reliant on this critical mineral.
