Felix Gold Hosts U.S. Federal Officials, Boosting Treasure Creek’s Antimony Prospects
Felix Gold Limited recently hosted senior U.S. federal officials at its Treasure Creek Antimony Project, highlighting its strategic role in addressing America’s critical mineral supply challenges amid China’s export ban.
- Senior U.S. EPA and Permitting Council officials visit Treasure Creek site
- Project positioned as a key domestic antimony supply solution post-China export ban
- Treasure Creek boasts top-tier antimony grades and strong infrastructure
- Felix Gold targets near-term production with drilling and permitting underway
- Federal agencies recognize project’s readiness and potential national security impact
Federal Spotlight on Treasure Creek
Felix Gold Limited (ASX – FXG) has taken a significant step forward in its quest to become a cornerstone of the U.S. critical minerals supply chain. The company recently welcomed senior representatives from the U.S. Environmental Protection Agency (EPA) and the Federal Permitting Improvement Steering Council to its flagship Treasure Creek Antimony Project in Alaska. This high-level visit underscores the project’s strategic importance amid growing concerns over antimony supply security in the United States.
Antimony Supply Crisis and Strategic Opportunity
The timing of the visit is critical. Following China’s complete ban on antimony exports to the U.S. earlier this year, the country faces a severe supply crunch. With China, Russia, and Tajikistan controlling over 90% of global production, the U.S. is urgently seeking domestic sources to reduce reliance on foreign suppliers. Antimony prices have skyrocketed by over 300% since early 2024, reflecting the tightening market. Felix Gold’s Treasure Creek project, with its exceptional grades and historical production pedigree, is emerging as a promising solution.
Project Readiness and Infrastructure Advantages
Treasure Creek stands out not only for its high-grade antimony; ranking among the top globally; but also for its brownfield advantages. The site is located near the historic Scrafford Antimony Mine, Alaska’s second-largest producer, and benefits from existing infrastructure including road access, power, and a skilled local workforce. Felix Gold’s Executive Director Joe Webb highlighted the project’s advanced stage, describing it as “infrastructure-ready and near shovel-ready,” a rare status that has impressed federal officials.
Progress and Next Steps
Felix Gold is actively advancing drilling programs, environmental baseline studies, and engineering designs aimed at a potential development decision by the end of 2025. The company is also engaging with community stakeholders and pursuing U.S. government support mechanisms aligned with recent executive orders prioritizing critical mineral supply chains. The federal visit provided valuable feedback and may accelerate permitting and funding pathways.
Broader Implications for U.S. Critical Minerals
The engagement of senior federal agencies signals a broader shift in U.S. policy towards securing domestic sources of strategic minerals. As antimony is essential for military and industrial applications, projects like Treasure Creek could play a pivotal role in reshaping supply chains and reducing geopolitical risks. Felix Gold’s progress will be closely watched by investors and policymakers alike as the U.S. seeks to bolster its critical minerals independence.
Bottom Line?
Felix Gold’s federal-backed momentum at Treasure Creek positions it at the forefront of America’s critical minerals resurgence.
Questions in the middle?
- What specific federal support or funding might Felix Gold secure following this visit?
- How will pending drill results impact the project’s development timeline and scale?
- What are the key permitting hurdles that could affect near-term production targets?
