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Felix Gold Limited (ASX:FXG)

ALERT: Price-sensitive ASX Announcement for FXG
Current share price for FXG : $0.180 -0.075 (-29.41%)+
Announcement
Release
19 Aug 2026 8:12AM
Price at Release
$0.255
Full Release
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Summary
Felix Gold Limited, trading as FXG on the ASX, announced that its wholly owned U.S. subsidiary, Felix Gold Alaska Treasure Creek Inc., has been selected by the U.S. Department of Energy (DOE) for an antimony funding award of up to US$18 million. This selection is part of a broader US$162 million federal program focused on critical minerals. The funding, which will not dilute shareholders, is for the Treasure Creek Antimony Pilot Processing Facility in Alaska. This project, under the DOE's Office of Critical Minerals and Energy Innovation, aims to establish a domestic antimony processing facility in the U.S. Felix Gold's strategy involves advancing the Treasure Creek project towards pre-commercial demonstration and establishing a U.S. smelter by 2027. The company is also focusing on gold mineralization in Alaska's Fairbanks Mining District.
Key Points
  • Felix Gold selected for DOE antimony funding
  • US$18 million non-dilutive capital for Treasure Creek
  • DOE program aims to establish U.S. antimony supply chain
  • Felix Gold's Alaska subsidiary involved
  • Plans for a U.S. smelter by end-2027
  • Project part of US$162 million DOE program
  • Focus on critical minerals and energy innovation
  • Funding under DOE's Infrastructure Investment and Jobs Act
  • Treasure Creek project to advance from prototype to demonstration
  • Felix Gold's broader strategy includes gold mineralization in Alaska
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.