Felix Gold Limited (Felix or the Company) advises of assay results for a further twenty-three (23) holes at its Treasure Creek Project in the world-class Fairbanks Gold Mining District of Alaska, U.S. These results continue to substantiate Felix's expectations of shallow, thick gold deposition of robust grades across the Treasure Creek Project. Follow-up and extensional drill testing is planned to focus on the zones of gold mineralisation with the highest potential for encompassing delineated gold resources. Felix's initial program at Treasure Creek saw shallow Reverse Circulation (RC) drilling to test large-scale, high-grade (+100 ppb Au) soil geochemical anomalies at multiple prospects.

Drilling targeted multiple near surface mineralisation targets across numerous zones. The results in this release are from: A traverse at the southern end of the NW Array prospect drilled east of previously reported Hole 22TCRC008 (which included 89.9m @ 1.20 g/t Au from 32m; see ASX release dated 1 August 2022); and A line of reconnaissance drilling in the eastern part of the Scrafford-Eastgate zone (Recon Line 3). As demonstrated by these results, and those in earlier releases, broad zones of bulk tonnage gold mineralisation have been intercepted.

In addition, zones of bulk tonnage mineralisation also regularly contain substantial thicknesses of high-grade gold mineralisation. At NW Array, the newly reported drillholes have expanded the Southern Zone mineralisation to an area of approximately 750m x 400m. The targeted gold-in-soil anomaly in this zone of NW Array is 2.5km x 2.5km, with the mineralisation target remaining open to the north, south, east and at depth (with the deepest hole at NW Array currently only 115m true vertical depth).