News and Updates
Exploration Projects in the News
April 17, 2024
Felix Gold's Final 2023 Drill Assay Results
Freegold Ventures Ltd. recently reported that their final holes from the 2023 drill program results are in. According to their sampling, the Dolphin-Cleary deposit hosts 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per metric ton (12 million oz) gold, plus 282.3 million metric tons of open-pit inferred resource averaging 0.85 g/t (7.7 million oz) gold. You can read more in the Mining News North article here.
April 10, 2024
Felix Gold preps for NW Assay resource
Felix Gold reported strong gold recoveries for material within the NW Array at Treasure Creek, laying the groundwork to calculate the resource at the project. They expect to finalize the maiden resource estimate by midyear 2024. Read more here.
March 25, 2024
Felix Gold takes a look at Grant Mine
Felix Gold Ltd. is taking another look at potentially establishing a mine at the historical Grant gold mine, off St. Patrick Road on Ester Dome. In 2021, an exploration target was identified at Grant Mine with the potential for approximately 500,000 oz of gold in around 6 million metric tons of resources averaging around 2 g/t gold.
Felix says its current focus at Grant is on drilling to grow the resource. Read more here.
March 13, 2024
Investors back continued exploration at Freegold's Golden Summit
Investors are funneling resources to Freegold Venture's Golden Summit project, located on Cleary Summit outside Fairbanks. The increased investments will enable further exploration and expansion of the gold resources being identified at the exploration site. Read more here.
This hearing will give all interested parties the opportunity to voice their concerns regarding the bill and provide legislators input on how to move forward with this legislation. The hearing will be streamed live on AKL.tv (click on the Live Now tab). There will be public and invited testimony, so anyone who wishes to speak on the issue is welcome. Letters of support are requested by Monday, March 11, and can be sent to Senator Scott Kawasaki’s email Senator.Scott.Kawasaki@akleg.gov. If you have questions, need further information or would like to testify, contact Riley von Borstel or Joe Hayes in Senator Kawasaki’s office at (907) 465-3466.
March 5th, 2024
Manh Choh's World Class Value
Contango brags about Manh Choh's rich potential, full capitalization, immanent production schedule and expected longevity, calling it "one of the world's highest grade, open pit gold mines."
February 7th, 2024
Freegold Lets Potential Investors Know There's Even More Gold at Golden Summit
Freegold has released additional results from their 2023 drill program reporting "higher grade mineralization" from western expansion exploration at Willow Creek near Golden Summit.
For more information, click here to read the drill report from Freegold.
January 31st, 2024
Letter to the Editor: The Outsized Impacts of Industrial Scale Mining
Read Lou Brown's opinion piece about how the economic, ecologic, and residential landscape in Fairbanks has changed since the town was first established, and so too should our attitudes towards gold extraction and industrial scale mine development. The article can be found in the Fairbanks Daily NewsMiner, linked here.
January 25th, 2024
Save Our Domes on KUAC Morning News
KUAC Morning News included a segment discussing the recent consideration by the Department of Natural Resources (DNR) to re-open 720 acres of lands, which have been under Mineral Closure Orders since the 1980s, to exploration. Felix Gold requested the re-classification to expand their exploration project along Old Murphy Dome Road. In the segment, our resident geologist, Sarah Heinchon, echoed concerns that were submitted to the DNR about the proximity of the MCOs to residential areas such as the Hattie Creek Subdivision.
Discussion starts at the 4:20 minute mark and can be found here.
January 2024
DNR facilitating transfer of federal land to University of Alaska Fairbanks
October 2023
Freegold Ventures Limited seeks further investment in their corporate presentation
Freegold Ventures Limited shared major updates to their exploration project at Golden Summit, outside Fairbanks. The exploration company is seeking investors to finance expanded exploration and resource identification.
September 6th, 2023
Felix Gold's "Open Pit Potential"
CEO Anthony Reilly speaks with Proactive soon after the company completed an RC drill program at the NW Array and Scrafford targets at its Treasure Creek project. Felix is the largest minerals claim owner in the Fairbanks Gold Mining District in Alaska and the company aims to develop a commercial resource at Treasure Creek, potentially providing additional ore supply to Kinross Gold's Fort Knox.
October 28, 2022
Save Our Domes on KUAC's Morning News
Save Our Domes is hosting a meeting to provide an update on Freegold, Avidian, & Felix Gold exploration projects. Freegold's Golden Summit project is the farthest along in the exploration and development stages, while Felix Gold holds the most leases in the Fairbanks area. The group will be sharing information about these projects and hosting discussion on the potential conflicts between mine development and residential and recreational areas. Members Sarah Heinchon and Deb Ryan are featured. The interview starts at 3:28.
April 2023
Felix Gold asks DNR to rescind Mineral Closing Orders along Old Murphy Dome Road
DNR has issued Mineral Order (MO) 1266 in the area just north of Old Murphy Dome Road near Fairbanks. This mineral order reopens lands previously closed under Mineral Closing Order (MCO) 228 and MCO 67A03, and more. These re-opened areas will enable expansion of the Treasure Creek exploration toward the Hattie Creek Subdivision and dozens of other homes. This mineral order affects approximately 720 acres of state-owned lands.
To see the full announcement from DNR, click here.
