Felix Gold Limited announced that assay results for a further six holes at its Treasure Creek Project in the world-class Fairbanks Gold Mining District of Alaska, U.S. Further results from NW Array prospect at Treasure Creek: Felix's initial drill program targeted 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 project areas in the Fairbanks Gold Mining District. Four orientated diamond core drill holes have tested the depth extent of key significant gold intercepts at NW Array and Eastgate Prospects.

The first phase of drilling at the Treasure Creek Project was focussed on the NW Array prospect. This area is related to Cretaceous intrusive into Palaeozoic metasedimentary schist (Fairbanks Schist), controlled by a variety of inter-related structural events. These results are from a traverse drilled north and south of previously reported 22TCRC008.

Broad zones of bulk tonnage mineralisation have been intercepted along the entire traverse, and these are open in all directions and to depth. In addition, the zones of bulk potential contain substantial intercepts of high-grade gold mineralisation. The reported drillholes are located at the southern end of the NW Array prospect in an area of approximately 400m x 600m.

The targeted gold-in-soil anomaly in this zone of NW Array is 2.5km x 2.5km, with the mineralisation target open to the north, south, east and at depth (with the deepest hole at NW Array only 115m true vertical depth). These results continue to substantiate prospectus's expectations of the occurrence of potential bulk tonnage shallow gold resources in the Treasure Creek Project. Follow-up and extensional drill testing is being planned for 2023 to focus on the zones of gold mineralisation with the highest potential for encompassing verifiable gold resources.