# DOE selects Felix for $18M antimony grant

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/doe-selects-felix-for-18m-antimony-grant--c12d3464-7b19-4db0-b808-4c3be2c4e8d1

Original source: https://www.miningnewsnorth.com/story/2026/08/21/news/doe-selects-felix-for-18m-antimony-grant/9822.html

Publisher: miningnewsnorth

Original announcement: 2026-08-21T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-18T19:36:08.234Z

Atlas analysis updated: 2026-09-18T19:36:08.234Z

- Company: Felix Gold Corp.

- Ticker: Unavailable

- Exchange: Unavailable

- Region: Alaska

- Primary commodity: Antimony

- Secondary commodities: Gold

- Document categories: Agreement transaction, Metallurgy

- Extracted: 2026-09-18 19:36:09 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Felix Gold Corp. has been selected by the U.S. Department of Energy to receive up to $18 million in funding to develop a pilot-scale antimony processing facility at its Treasure Creek project in Alaska. The funding aims to accelerate the transition from prototype to pre-commercial demonstration of antimony recovery technologies. Recent testing confirmed high-grade stibnite \(71.9% Sb\) and strong metallurgical recovery rates.

Reasoning: The selection for a major DOE grant to fund a pilot processing plant significantly de-risks the commercialization of the Treasure Creek antimony project.

- Positive factor: Significant $18M federal grant from DOE

- Positive factor: High-grade antimony \(71.9%\) confirmed in samples

- Positive factor: Strong metallurgical recovery \(98%\) reported

- Positive factor: Strategic positioning in U.S. critical minerals supply chain

Facts used in scoring: 2

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Story-specific tag

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 71.9% antimony grade is exceptionally high.

Evidence · text

> assayed 71.9% antimony

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98% antimony recovery is in the exceptional band.

Evidence · text

> recovered 98% of the contained antimony

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("concentrate"\)

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### alkaline sulfide leaching

[Link to this fact](https://atlas-staging.minestarters.com/news/doe-selects-felix-for-18m-antimony-grant--c12d3464-7b19-4db0-b808-4c3be2c4e8d1#fact-metallurgical-facts-1)

Treasure Creek · antimony

#### Identity

- Project: Treasure Creek
- Commodity: antimony
- Region: usa\_ak
- Reported Region: Alaska

#### Test Work

- Test Type: alkaline sulfide leaching
- Sample: hand-sorted massive stibnite from NW Array

#### Recovery

- Recovery: 98 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-21T00:00:00.000Z

Reasoning: 98% recovery via alkaline sulfide leaching is an exceptional result for antimony.

- Positive factor: Exceptional recovery rate

Evidence · text

> alkaline sulfide leaching recovered 98% of the contained antimony

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
