Projected Mining Methods: Open pit and underground
Operators: Felix Gold
Total Acres Leased: 20,185, all state mining leases
Exploration Results: Layer 3 below shows the soil sample results of the 2021 exploration season. Two areas of interest are being drilled this summer, the NW Array and the Eastgate-Scrafford Zone (2022). The drilling program so far
“...demonstrates the existence of a thick, shallow body of gold mineralisation of robust open pit tenor at what is only the southern end of the NW Array prospect. It is these very systems, at scale, that the Fairbanks District holds and that we are seeking to delineate and commercialise.” - Felix Gold, August 1, 2022
Exploration Plans: Felix Gold has taken over exploration operations and plans on drilling 7,000 meters between these targets and their NE Fairbanks location. The drillholes are going to average less than 100 meters deep and be 6 inches wide. They will be capped. Trenches dug down to bedrock will be backfilled after samples are taken.
