Felix Gold Ltd. · ASX:FXG
Felix Gold — Investor Presentation (December 2024)
32 slides from Felix Gold's investor presentation, Dec 6, 2024
Slide 1: ASX Announcement: Felix Gold Update – Investor Briefing
bsite ASX Announcement 6 December 2024 Felix Gold Update – Investor Briefing Felix Gold Limited (ASX:FXG) will be holding a live and online investor briefing on Friday, the 6th of December at 12pm (AEDT). Executive Director of Felix Gold, Joe Webb, will provide an overview of the company and discuss
Slide 2: ASX Announcement (continued)
bsite ASX Announcement 6 December 2024 workforce and long history of gold production. It allows us to explore year-round and delivers genuine potential development pathways for our assets. Our key projects are located along the main Fairbanks gold trend and contain dozens of identified prospects, ex
Slide 3: Targeting Near-term Antimony Production in the U.S.
For personal use only Targeting Near-term Antimony Production in the U.S. INVESTOR PRESENTATION Dec 2024 ASX: FXG 1
Slide 4: Important Notices
Important Notices The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restriction
Slide 5: About Felix Gold
For personal use only ABOUT FELIX GOLD ASX: FXG 3
Slide 6: Felix Gold: A Globally Significant Opportunity
Felix Gold: A Globally Significant Opportunity FELIX ANTIMONY ASSETS FELIX GOLD ASSETS For personal use only ANTIMONY UP ~300% YTD 2024 GOLD UP 36% YTD 2024 One of Alaska's largest historic Antimony producers Two Gold Projects Production grades up to 58% Sb JORC Resources of 831koz Au Two brownfield
Slide 7: Our Assets
Our Assets: Our Assets NORTH EAST FAIRBANKS Next to a Major NE Fairbanks Mining Centre, Project 159 Auger holes sampled Scrafford Fairbanks City Peak gold values of Antimony Mine 568 ppb Au (0.57 g/t Au) Production grades up to 58% Sb Golden TREASURE For personal use only Historic high-grade mine Su
Slide 8: Corporate Structure
Corporate Structure Top 10 41% Highlights 15% Tight capital structure - Top 10 41% MDF Global 5% Strongly supportive shareholder base For personal use only Management & Directors CAPITAL STRUCTURE Shares on Issue* 328.7 M 7% Listed Options (expiring 19/6/26 at $0.15) 16.2 M 1832 Unlisted Options (se
Slide 9: Antimony Backdrop
For personal use only ANTIMONY BACKDROP ASX: FXG 7
Slide 10: Antimony: Why is it important?
Antimony: Why is it important? UNIQUE PROPERTIES ESSENTIAL FOR SUPPLY CRISIS (Difficult/Impossible to Substitute) High flame retardancy China has Banned Antimony Exports (Dec ‘24) For personal use only Ammunition Primers Strength and hardness enhancement ~85% of Global Supply from China & Allies Fir
Slide 11: The Antimony Squeeze
The Antimony Squeeze Dec 3rd: China Bans Antimony Exports to U.S Making Headlines Supply Crisis Escalates For personal use only 9
Slide 12: Antimony: A National Security Imperative
Antimony: A National Security Imperative U.S. Scrambles for Domestic Supply as Global Tensions Rise For personal use only 2025 2020-2023 2024 2026 STORM BREWING CRISIS POINT FELIX SOLUTION OUTLOOK ~85% of Global Antimony supply from China & Russia/Allies Global Antimony Supply Declining 2 x US histo
Slide 13: Felix Antimony Assets
For personal use only FELIX ANTIMONY ASSETS ASX: FXG 11
Slide 14: Scrafford Antimony Mine at Treasure Creek
Scrafford Antimony Mine at Treasure Creek One of Alaska's largest historic producers of antimony with Scrafford NORTH EAST FAIRBANKS Antimony Mine production grades up to 58% sb Production grades up to 58% Sb Historic high-grade mine For personal use only Highlights TREASURE CREEK Intermittent opera
Slide 15: Antimony at Treasure Creek
Antimony at Treasure Creek For personal use only 13
Slide 16: Our Fast-Tracked Antimony Strategy
Our Fast-Tracked Antimony Strategy Felix Gold Antimony Production Justification for a fast-tracked approach For personal use only Brownfields Fast-Tracked Strategic Production Plan Advantages Value Targeting antimony Small-scale brownfields Aligns with U.S. domestic production by 2025 operation enab
Slide 17: Extensive Antimony Exploration Upside
Extensive Antimony Exploration Upside Treasure Creek is a gold-antimony Scrafford Goodwin Antimony Mine Antimony Mine system with two past-producing mines and several multiple km of 23TCRC155 Operated intermittently 26m (85’) decline and from 1915 to 1977, achieving 18m (60’) tunnel. Lenses of struc
Slide 18: Indicative Key Milestones
Indicative Key Milestones WE ARE Our roadmap HERE 2025 > For personal use only Late Sept Oct Nov Dec/Jan Feb ✓ Trenching ✓ Commence wetlands studies Trenching assay results Submit government funding application ✓ $4.8m Placement ✓ Collect Metalurgical Samples ✓ Commence feasibility studies Metallurg
Slide 19: Scrafford Antimony Investment Highlights
Scrafford Antimony Investment Highlights For personal use only PLAN NEAR-TERM U.S. LOCATION IN TO PRODUCE PRODUCTION BY THE CENTER OF 5,000 T / YEAR END OF 2025 SUPPLY CHAIN CRISIS 17
Slide 20: Gold Assets
For personal use only GOLD ASSETS ASX: FXG 18
Slide 21: Our Gold Assets
Our Gold Assets FELIX GOLD TENURE NE Fairbanks One of Alaska's largest gold portfolios with Project 831koz gold resources in a proven mining district 159 Auger holes sampled NW Array Peak gold values of NORTH EAST Gold Project 568 ppb Au (0.57 g/t Au) FAIRBANKS Grant Mine 25Mt @ 0.58 g/t Au for 467k
Slide 22: Grant Mine: Value Propositions
Grant Mine: Value Propositions High-Grade Gold Brownfields Resource Expansion ✓ High-grade gold ECONOMIC Average underground grade of 6.2 g/t Au ✓ Brownfields resource expansion POTENTIAL For personal use only Only ~30km from Fort Knox* ✓ Historic 98% recoveries ✓ Positioned for growth High-Grade Go
Slide 23: NW Array: Value Propositions
NW Array: Value Propositions Gold mineralisation at surface and amenable to bulk mining ECONOMIC JORC 2012 Inferred MR 25Mt @ 0.58g/t Au totalling 467koz gold Similar size and grade to the Gil Sourdough deposit which has been POTENTIAL For personal use only Using 0.25g/t Au cut-off @ US$2,000/oz pit
Slide 24: NE Fairbanks: Surrounded by Major Mines
NE Fairbanks: Surrounded by Major Mines For personal use only 22
Slide 25: For personal use only
Kinross Gold drilling are on traverses directly in line with Felix Gold’s Tenure 3 Drill traverses show promising geological continuity towards Felix Gold's tenure FXG For personal use only ~160m 1 FXG ~210m FXG 2 ~150m FXG ~400m 1423
Slide 26: Environment, Community and Governance
Environment, Community and Governance Sustainable Practices & Commitments Stakeholder Engagement We acknowledge and respect the presence of community Best-in-Class Regulatory Approach and industry stakeholders. We work closely with industry bodies, For personal use only We are dedicated to surpassin
Slide 27: The Team to Deliver
The Team to Deliver The technical, operational & commercial expertise is geared towards metals exploration success For personal use only Ronnie Beevor Joseph Webb Mark Strizek Andy Browne Craig McPherson Non-Executive Chairman Executive Director Non-Executive Director Non-Executive Director CFO & Co
Slide 28: Value Creation Summary
Value Creation Summary GOLD STRATEGIC ANTIMONY For personal use only COMMERCIALISATION LOCATION PRODUCTION 12-months 831koz gold resources U.S. assets surrounded commencement near hungry Tier-1 by infrastructure of production mill target AIMING FOR NEAR TERM ANTIMONY PRODUCTION GOLD COMMERCIALISATIO
Slide 29: Key Risks
Key Risks The future performance of Investors should consider the following risks: Felix Gold Limited may be influenced by a range of factors. Legislation changes/Government Policy and approvals: Tenement compliance: Failure of Project Owners to Some of these factors can be Changes in government reg
Slide 30: Targeting Near-term Antimony Production in the U.S.
For personal use only Targeting Near-term Antimony Production in the U.S. For further Joe Webb information, joe.webb@felixgold.com.au please contact: +61 422 955 411 28
Slide 31: Appendix cont.: Previous Disclosure – 2012 JORC Code
Additional information in this presentation has Appendix 1 cont. been extracted from ASX announcements previously released by Felix Gold Limited, which are available at www.felixgold.com.au Previous Disclosure – 2012 JORC Code Grant Mine – Mineral Resource Estimate Grant Mine – Exploration Target An
Slide 32: Appendix: Previous Disclosure – 2012 JORC Code
Appendix 2 Previous Disclosure – 2012 JORC Code The information in this release that relates to Exploration Results, Mineral Resources and Exploration Targets for Felix’s Fairbanks Gold Projects was extracted from the following ASX Announcements and Prospectus: For personal use only 28 August 2024 H