Felix Gold (ASX:FXG) said drilling results continue to confirm the presence of broad zones of gold mineralization within its Treasure Creek project in Alaska, according to a Friday filing with the Australian bourse.
Drilling exposed 67 meters of gold mineralization across 90 meters, including 12 meters at 2.86 grams per tonne gold, the filing said.
Results also confirmed that the mineralization remains open along strike and depth, the filing added.
Shares of the company fell 9% in recent Friday trade.