Felix Gold (FXG) has reported that Joseph Webb will assume operational oversight and management of the Company as Executive Director, with Anthony Reilly resigning as Managing Director and CEO with immediate effect. The Company has announced the appointment of experienced and accomplished Non-Executive Director to the Board, Mark Strizek. Joseph Webb to assume operational oversight and management of Felix Gold as Executive Director, providing a seamless transition upon the resignation of Anthony Reilly.

Appointment of Mark Strizek to the Board as a Non-Executive Director bringing invaluable geological, development and commercialization expertise to Felix Gold. As Managing Director of the Mine Discovery Fund, Joe Webb was instrumental in the formation of Felix Gold and has held the CEO role previously. Joe was responsible for the establishment of Felix's operations in Fairbanks and has remained heavily involved in Felix Gold's operations and strategy since listing, providing a seamless transition to the managerial oversight of the company.

Joe has more than 20 years' international experience in the resources industry. He is a founder and Director of Mine Discovery Fund which spans precious and base metals assets globally. Joe has held previous commercial roles in Rio Tinto and executive and operations roles across the full mining life cycle.

He is experienced across multiple commodities including gold, copper, iron-ore and nickel as well as M&A, capital raising and IPOs. Mark Strizek joins the Board with more than 27 years' experience in the resource industry having worked as a geologist on various gold, base and technology metal projects. Mark brings invaluable geological, technical, and development expertise to Felix, recently overseeing Tietto Minerals's transition from IPO to first gold production at the Abujar Gold Project in West Africa.

Mark has worked as an executive with management and Board responsibilities in exploration, feasibility, finance and development-ready assets across Australia, West Africa, Asia and Europe. The Board would like to thank Mr. Reilly for his contribution to the Company and wish him well in future endeavours.