Felix Gold Limited (ASX:FXG) has discovered gold mineralization exists at depth and presents itself as a feeder zone to the shallower, more disseminated gold mineralization at its Treasure Creek Project in Alaska.
- Final assay results returned closing out the 2022 programme.
- Returned results from the four oriented diamond drill holes (1,080m) drilled in the North West Array Southern Zone and East Gate target areas of the Treasure Creek Project.
- Assay results from NWA Southern Zone continue to show significant shallow as well as deeper “feeder” mineralized zones; key intercepts returned include: 26.3m @0.22g/t Au from 185.4m 3.0m @1.12g/t Au from 112.8m 1.8m @1.06g/t Au from 190.4m 5.2m @0.5g/t Au from 196.6m 9.1m @0.75 g/t Au from 211.8m 1.5m @1.03 g/t Au from EOH 48.8m @0.20 g/t Au from15.2m 9.3m @2.23g/t Au from 68.6m
- Oriented diamond drilling has delivered critical structural measurements in understanding the structural architecture of the large gold mineralized hydrothermal system.
“The receipt of final assays for oriented diamond drill holes wraps up the 2022 exploration programme which, in total, has significantly exceeded our expectations and is a credit to our Alaskan based geology team,” Managing Director, Anthony Reilly, said.
“Work is now underway to analyse the full suite of results and feed them into a very precise 2023 exploration programme where our primary objective is to deliver an initial resource on the NW Array target. I look forward to updating investors on our 2023 programme in more detail in due course.”
For further information please visit: https://www.felixgold.com.au/