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Felix Gold Limited (ASX:FXG)

ALERT: Price-sensitive ASX Announcement for FXG
Current share price for FXG : $0.260 0.005 (1.96%)+
Announcement
Release
30 Apr 2026 3:48PM
Price at Release
$0.255
Full Release
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Summary
Felix Gold Limited's quarterly activities and cashflow report for March 2026 highlights significant progress in their mineral exploration and production activities. The company secured the only active antimony bulk-sample permit in the U.S., allowing extraction of high-grade stibnite material. They confirmed military-grade ore quality for antimony, supporting a low-cost processing pathway. Extensive drilling has expanded high-grade antimony and gold mineralization zones. Plans are in motion for a fully integrated U.S.-domiciled ore-to-metal supply chain, with opportunities for early revenue via toll treatment. Felix Gold is also engaging with U.S. government entities to secure support for domestic antimony supply. To support these endeavors, two senior executives were appointed to strengthen the company's operational leadership.
Key Points
  • Bulk Sample Permit approved for extraction of antimony in the United States.
  • High-grade antimony ore assays confirm military-grade specifications.
  • Exploration and drilling activities expand high-grade gold and antimony mineralization.
  • Plans for a U.S.-domiciled ore-to-metal supply chain are underway.
  • Potential for early revenue through toll treatment of antimony metal.
  • Strategic engagements with U.S. government for antimony supply support.
  • Senior executive appointments strengthen operational leadership.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.