Felix Gold Limited announced assay results from a further 17 holes at its Treasure Creek Project in the esteemed Fairbanks Gold Mining District in Alaska, USA from the NW Array Prospect. The significance of these findings is noteworthy: Geological reinterpretation of drilling information has effectively outlined a NNE orientation of mineralised gold zones, encompassing zones enriched with high-grade antimony. This development marks a significant milestone, as it unveils the potential for more extensive strike length and the prospect of additional parallel trends, supported by the continuation of soil anomalies.

The primary gold mineralisation is open at depth and in various directions. The drilling strategy is oriented towards the definition of near-surface oxide gold mineralisation, displaying grades that are comparable to or exceed the present head grades of the nearby Kinross's Fort Knox mine, which is actively pursuing ore supply. The NW Array Prospect latest results includes: Hole 23TCRC162: 9.1m @ 1.18g/t Au from 96m incl.

3.0m @ 2.16g/t Au from 96m; Hole 23TCRC169: 12.2m @ 0.75g/t Au from 58m incl. 3.0m @ 2.39g/t Au from 65.5m; Hole 23TCRC173: 21.3m @ 0.72g/t Au from 3.0m incl. 6.1m @ 1.67g/t Au from 15.2m; Hole 23TCRC176: 32.0m @ 0.69g/t Au from 3.0m incl.

4.6m @ 3.13g/t Au from 3.0m; Hole 23TCRC177: 53.3m @ 0.33g/t Au from 7.6m. Treasure Creek drilling program: Felix Gold, the largest minerals claim owner in the Fairbanks Gold Mining District, aims to delineate a near surface commercial resource at Treasure Creek project which potentially could provideadditional ore supply to Kinross Gold's Fort Knox, a Tier 1 gold mine with mineral reserves at 0.37 g/t Au. By exploring the near-surface and oxide resources, Felix Gold seeks to establish a low capex/opex open- pittable ore supply.

The RC (Reverse Circulation) Drilling program at NW Array and Scrafford has been successfully completed, comprising of a total of 4,695.4m in 50 holes. Infill drilling of 4,278m in 45 holes in the NW Array and target generation drilling of 419m in 5 holes in the Scrafford extension area. A total of 45 holes in NW Array have received Assay results for Gold and Antimony.

Assay results for 5 holes within Scrafford extension area are pending. Unveiling continuous mineralisation potential: Geological reinterpretation of the 2022 and 2023 drilling results has delineated the orientation of gold- enriched zones within NE-trending corridors, incorporating sections rich in high-grade antimony. Notably, drill hole 23TCRC177 was strategically placed along pre-existing access tracks to explore the potential for NE-trending mineralisation.

This drill hole yielded expansive mineralised zones located hundreds of meters away from the established primary gold zone which remains open. This advancement represents a noteworthy achievement, as it brings to light the possibility of extending the strike length by more than two kilometers, alongside the potential emergence of parallel trends. These prospects are reinforced by the sustained presence of soil anomalies and fault zones, further emphasizing the significance of this development.

Northern exploratory holes yield promising results: The latest drilling results included 6 exploratory holes strategically positioned within a geochemical anomaly located just 500 meters south of the NW Array's Southern Zone which opens up potentially new parallel trends. Notably, previous drilling activities conducted in 2022 within this region led to the discovery of a continuous zone of gold (Au) mineralisation referred to as the "Northern NW Array Zone". This zone encompasses holes 22TCRC093 to 22TCRC098.