Felix Gold (ASX:FXG) has made notable strides towards commencing antimony production at the historic Scrafford Antimony Mine by the end of 2025. The company has collected metallurgical samples, started metallurgical studies, and initiated permitting processes with hydrology studies. Surface stibnite mineralization has been identified at the NW Array Prospect, and historical production data is being utilized alongside new exploration efforts.
Felix Gold is actively progressing towards starting antimony production at the Scrafford Mine by the end of 2025. Recent developments include surface mineralization findings and the commencement of critical metallurgical and hydrology studies. The company is focusing on optimizing historical mining methods for modern use while conducting studies to support future exploration and development. Felix Gold aims to become a leading gold and critical minerals exploration company in Alaska, leveraging historical data and new discoveries to ensure efficient production. The strategic importance of antimony, especially for the U.S., underscores the potential economic and strategic benefits of Felix Gold's initiatives.
We are excited about the progress made at Scrafford Mine, which positions us to advance towards antimony production. Our efforts to verify and enhance historical data with modern exploration and metallurgical studies are crucial steps towards our goal.