Felix Gold Limited advises of assay results for a further seven holes at its Treasure Creek Project in the world-class Fairbanks Gold Mining District of Alaska, U.S. Felix's initial drill program at Treasure Creek 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 zones. The assay results contained in this release are from reconnaissance drilling across previously untested areas between the Eastgate and Scrafford Shear prospects at Treasure Creek.

These results open another gold mineralised zone several kilometres to the east of the NW Array prospect, and suggest connectivity in this area with previously disclosed results approximately 1km to the west on Reconnaissance Line 1. These results are a further step in substantiating Felix's expectations of the occurrence of potential substantial bulk tonnage and high-grade shallow gold deposits within the Treasure Creek Project. Follow- up and extensional drill testing is being planned to focus on the zones of gold mineralisation with the highest potential for encompassing significant verifiable gold resources.