Announcement PDF ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 1 NW Array Drilling and Trenching Confirm Extensions to Gold Mineralisation Felix Gold (ASX:FXG) is reporting drilling and trenching gold assay results from the Northwest Array at Treasure Creek. These results are from the drill program in a tightly focused, small- footprint target area designed to test the high-grade antimony mineralisation within the broader gold halo. The program supported the antimony strategy but also has confirmed strong gold mineralisation. Drilling within this zone has targeted the orientation and continuity of massive stibnite veins across multiple directions, as well as the north-northeast trending breccia unit. The program also supports waste rock characterisation and other relevant data required for near-term production studies. The dataset reflects the high density of drilling within a confined area. The initial step-out trenching approximately 130 metres west of the main target area has been completed, with those results also included here. Key Highlights High-Grade Gold Results ● Surface trench 25NWTR001 exposes 67m of gold mineralisation across 90m (26m @ 1.86 g/t Au, including 12m @ 2.86 g/t Au)— located 130m west of the main 2025 drilling area, extending the NW Array mineralised corridor into an area acquired by Felix in May 2024, confirming historical shallow air-track drilling results. ● Drill results from the main antimony target area continue to confirm the presence of broad zones of gold mineralisation forming halos around antimony vein zones. ● Gold assay results are pending for 44 diamond holes and 18 RC holes. Antimony/ multielement assay results are pending for a further 45 diamond holes and 6 RC holes. ● Best drill results include: ○ 47.36m @ 1.34 g/t Au from 19.5m, including 7.8 m @ 1.79 g/t Au from 29.24 m and including 7.09m @ 2.27 g/t Au from 59.77m (Hole 25TCDC020) ○ 15.71m @ 2.91 g/t Au from 37.61m, including 11.01m @ 3.87 g/t Au (Hole 25TCDC004) ○ 13.72m @ 2.83 g/t Au, including 7.62m @ 4.45 g/t Au from 27.43m (Hole 25TCRC003) ● Mineralisation remains open along strike and at depth. ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 2 Video Update Watch Joe Webb's 2-minute explainer, ask questions, and join the conversation on our Investor Hub. Executive Director's Comment Felix Gold's Executive Director, Joseph Webb, commented: “Following our recent announcement of 47 metres at 2.45 g/t and 29 metres at 3.90 g/t gold from drilling, today’s trenching results show the mineralised system extends at least 130 metres further west along strike — with 67 metres of gold mineralisation exposed across a 90- metre trench. The system remains open in all directions. Gold built this company, however our immediate focus remains building America’s first fully integrated antimony supply chain, from ore to metal, on U.S. soil. Our 831,000-ounce JORC gold resource represents significant strategic optionality that we continue to advance in parallel. Today’s results reinforce the value embedded in our gold portfolio. NW Array hosts both commodities within the same structural corridor. Gold forms broader mineralisation halos around the antimony-bearing structures being targeted for near-term production. The infrastructure, permitting, and baseline studies serve both antimony and gold. The drilling generates data for the two commodities - one platform, complementary value creation. We are located 30 kilometres by road from Kinross Gold’s Fort Knox mill which is a Tier 1 facility actively seeking additional ore under its Kinross Alaska strategy. With gold prices hitting all time high, the potential for a simple extraction strategy is high. We see great potential in the district which is why we are currently the largest landholder in the Fairbanks Gold Mining District .” Cautionary Statement: The Company cautions that it is assessing the economic viability of near- term antimony production. No Mineral Resources or Ore Reserves have been declared and no JORC-compliant economic studies have been completed. Any progression toward production remains subject to further technical, regulatory and commercial evaluation, permitting approvals and formal Board approval. The Company may elect to progress parts or all of the project prior to completion of such compliant studies. Statements regarding peer projects are based on the Company's review of publicly available information and the Company has not conducted an exhaustive review of all antimony projects globally. A Premier Gold Mining District Felix is the largest landholder in the Fairbanks Gold Mining District, with 831,000 oz of JORC gold resources and significant exploration upside across >1500 km2 (388,000+ acres) in Alaska's most productive gold region. The district has produced over 16 million ounces of gold historically and hosts Kinross Gold's Fort Knox mine — a Tier 1 operation located just 30km from NW Array by paved road. Established infrastructure, including grid power, year-round road access, skilled workforce, and proximity to processing facilities, provides a straightforward development pathway Watch Now ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 3 (Fig 1). Kinross's Alaska strategy involves consolidating regional ore sources to feed the Fort Knox mill. Kinross is currently trucking ore 400km (250 miles) from Manh Choh, demonstrating willingness to source material from significant distances. NW Array's proximity - 30km versus 400km - represents a potential toll treatment pathway that could complement Felix Gold's immediate antimony focus. Fig 1. Location of reported gold results from NW Array, shown within the Fairbanks Gold Mining District NW Array Prospect The NW Array Prospect hosts both high-grade antimony and gold mineralisation within the same structural corridor. Gold generally forms a broad mineralisation halo, within which occur the antimony-bearing structures. The same geological system delivers value from the two commodities. The prospect includes the historic Scrafford Mine, Alaska's second-largest historical antimony producer. Felix Gold's systematic exploration has defined multiple mineralised structures within an expanding footprint, with both gold and antimony mineralisation remaining open in multiple directions. ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 4 Gold Drilling Results — NW Array Geological Setting and Interpretation The NW Array prospect hosts both high-grade antimony and gold mineralisation within the same structural corridor. Gold generally forms a broader mineralisation halo, within which occur the antimony-bearing structures, particularly in brecciated zones. Drilling and trenching have revealed two main styles of mineralisation: • East-west trending vein zones — individual veins or close-spaced zones of veining, fracturing, and brecciation with quartz fill, dipping approximately 60-70° towards the south to south-southwest • “Black breccia” zones — broader mineralised fault structures with angular clasts of silicified wallrock and fine-grained disseminations, dipping approximately 50° towards the southeast to east High gold grades are commonly associated with these brecciated zones and correspond with antimony-bearing structures. The Sb-enriched mineralised system extends over an area approximately 200 metres by 125 metres to depths exceeding 150 metres vertically, and remains open along strike and at depth. Surface Trenching Results Trench 25NWTR001 is located approximately 130 metres west of the southern end of the main drilling area which targeted antimony veining, and was designed to confirm high-grade gold results from historical shallow air-track drill holes with a best intersection of 12m @ 1.7 g/t Au. The area was acquired by Felix in mid-2024 and was not trenched during earlier programs in 2022-2023. The current 90-metre trench exposed a total of 67 metres of >0.3 g/t gold, extending the structural corridor hosting mineralisation significantly beyond the current drill-tested area. The highest grade intersections in trench 001 from 46m to 72m of 1.86 g/t Au and from 75m to 82m of 1.3 g/t Au are related to a fault breccia developed at the contact between felsic porphyry to the west and schist to the east. The breccia zone is mapped dipping approximately 30° to the east, striking north with a true thickness of approximately 10m. The maximum grade over 1m of 8.27 g/t Au occurs near the western end of this zone close to the contact with porphyry. Three lower-grade zones between 0m and 36m (<1 g/t Au on average) are within silicified and fractured felsic porphyry with minor disseminated sulphides. Antimony grades within the trench are mostly less than 0.1% Sb, despite having some poddy stibnite observed within the fault breccia zone. A few samples returned Sb grades between 0.3% and 0.5%, from fractured felsic porphyry and fault breccia. ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 5 Fig 2. NW Array Prospect — Selected best intersections from new gold assay results coloured by average intersection grade. Previously reported intersections in lighter colours. Note location of trench 25NWTR001 130m west of southern edge of main drilling area targeting antimony veining. ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 6 Drilling Results The latest gold assay results from a total of 39 drill holes provide further insights into the geometry and extents of bulk low-grade and high-grade gold mineralisation within the area covered by close spaced drilling targeting narrow antimony veins. The “black breccia” zones that contain antimony mineralisation are confirmed as high-grade gold structures dipping moderately east to south-east, parallel to the western contact of schist and felsic porphyry. Higher gold grades also occur within east to east-southeast trending zones contained within a north-northeast trending corridor. Black breccia intersections with high-grade gold assays include diamond holes 25TCDC003 (19.41m @ 1.96 g/t Au from 30.82m), 25TCDC004 (15.71m @ 2.91 g/t Au from 37.61m) and 25TCDC020 (7.09m @ 2.27 g/t Au from 59.77m). Many of the other significant intersections are related to zones of fractured and silicified felsic porphyry with local clay-altered breccia zones and common iron oxides on fractures. The best results in 25TCDC018 of 39.37m @ 0.98 g/t Au from 29.2m and 25TCDC019 of 34.89m @ 0.99 g/t Au from 27.5m are related to this style of mineralisation. Some of these zones of altered felsic are also associated with antimony veining (for example 25TCDC004 8.11m @ 2.8 g/t Au from 18m), although the latter can also occur without significant gold mineralisation. Outside the felsic porphyry and black breccia zones there are also some intersections related to fault zones wholly within schist, some of which can locally contain high grades. Hole 25TCDC013 contains two such zones: 13.84m @ 2.66 g/t Au from 23.07m and 1.18m @ 11.59 g/t Au from 44.85m. Interpretation of results is ongoing, but there is an emerging picture of a mineralised corridor trending north-northeast along the western contact of felsic porphyry and schist. Within this north- northeast trending envelope there are zones trending east to east-northeast that are associated with gold and antimony mineralisation. Further Results Pending To date, out of 67 diamond holes (5,858m) and 56 RC holes (3,077m) drilled at NW Array, antimony/multielement assay results are pending for 45 diamond holes and 6 RC holes. Gold assay results are pending for 44 diamond holes and 18 RC holes. Table 1: Significant Gold Intersections Hole ID From (m) To (m) Interval (m) Au g/t 25NWTR001 0 12 12 0.87 25NWTR001 Including 5 11 6 1.2 25NWTR001 And 13 29 16 0.51 ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 7 Hole ID From (m) To (m) Interval (m) Au g/t 25NWTR001 And 30 36 6 0.58 25NWTR001 And 46 72 26 1.86 25NWTR001 Including 48 60 12 2.86 25NWTR001 And Including 64 71 7 1.31 25NWTR001 And 75 82 7 1.3 25NWTR001 Including 77 81 4 1.86 25NWTR002 0 2 2 0.58 25TCDC002 3.78 9.11 5.33 0.51 25TCDC002 And 19.3 30.42 11.12 1.99 25TCDC002 Including 20.77 22.89 2.12 3.09 25TCDC002 And Including 26.17 30.42 4.25 3.15 25TCDC002 And 35.37 40.34 4.97 0.58 25TCDC002 And 45.24 50.38 5.14 0.64 25TCDC003 2 28.9 26.9 1.46 25TCDC003 Including 15.03 28.9 13.87 2.41 25TCDC003 And 30.82 50.23 19.41 1.96 25TCDC003 Including 30.82 33.62 2.8 1.92 25TCDC003 And Including 39.94 50.23 10.29 2.88 25TCDC004 1.26 16.76 15.5 0.88 25TCDC004 Including 6.15 8.67 2.52 1.21 25TCDC004 And Including 12.8 15.43 2.63 1.8 25TCDC004 And 18 26.11 8.11 2.8 25TCDC004 Including 19.98 24.91 4.93 4.13 25TCDC004 And 30.48 32.63 2.15 0.72 25TCDC004 And 37.61 53.32 15.71 2.91 25TCDC004 Including 37.61 48.62 11.01 3.87 25TCDC005 1.55 14.14 12.59 1.28 ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 8 Hole ID From (m) To (m) Interval (m) Au g/t 25TCDC005 Including 2.72 13.11 10.39 1.46 25TCDC005 And 23.86 40.9 17.04 0.52 25TCDC005 And 46.94 53.13 6.19 1.22 25TCDC005 And Including 47.8 50.7 2.9 2.14 25TCDC006 9.08 15.9 6.82 0.79 25TCDC006 Including 9.08 12.68 3.6 1.17 25TCDC006 And 19.15 20.45 1.3 1.05 25TCDC006 And 25.67 39.92 14.25 1.97 25TCDC006 Including 32.05 39.92 7.87 3.2 25TCDC011 0 10.6 10.6 0.95 25TCDC011 Including 3.41 8.32 4.91 1.33 25TCDC011 And 14.82 38.02 23.2 0.87 25TCDC011 Including 23.35 25.97 2.62 1.2 25TCDC011 And Including 31.42 36.77 5.35 1.52 25TCDC011 And 38.61 44.4 5.79 1.78 25TCDC011 Including 39.2 44.4 5.2 1.91 25TCDC011 And 53.84 66.03 12.19 0.97 25TCDC011 Including 54.3 61.4 7.1 1.32 25TCDC012 0 5.83 5.83 0.63 25TCDC012 And 12.9 17.98 5.08 0.64 25TCDC012 And 23.59 31.6 8.01 0.33 25TCDC012 And 32.5 42.3 9.8 1.27 25TCDC012 Including 36.4 41.51 5.11 2.09 25TCDC012 And 44.35 51.69 7.34 0.67 25TCDC013 0 12.37 12.37 0.85 25TCDC013 Including 3.28 7 3.72 1.39 25TCDC013 And 16.32 18.5 2.18 1.57 ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 9 Hole ID From (m) To (m) Interval (m) Au g/t 25TCDC013 And 23.07 36.91 13.84 2.66 25TCDC013 Including 24.1 30.1 6 3.62 25TCDC013 Including 32.01 35.42 3.41 3.59 25TCDC013 And 44.85 46.66 1.81 11.59 25TCDC016 21.75 25.6 3.85 0.38 25TCDC016 And 38.51 46.3 7.79 0.76 25TCDC016 Including 44.7 46.3 1.6 2.1 25TCDC017 20.84 22.08 1.24 1.02 25TCDC017 And 28.59 33.4 4.81 0.5 25TCDC017 And 46.25 50.98 4.73 0.56 25TCDC017 And 58.69 74.22 15.53 1.74 25TCDC017 Including 62.4 66.8 4.4 1.63 25TCDC017 And Including 68.28 74.22 5.94 2.94 25TCDC018 0 10.72 10.72 0.44 25TCDC018 And 11.94 26.88 14.94 0.62 25TCDC018 And 29.2 68.57 39.37 0.98 25TCDC018 Including 30.72 45.24 14.52 1.45 25TCDC018 And 69.8 82.63 12.83 1.54 25TCDC018 Including 72.42 82.63 10.21 1.8 25TCDC018 And 85.77 87.48 1.71 2.11 25TCDC019 0 7.86 7.86 0.58 25TCDC019 And 11.31 26.43 15.12 0.58 25TCDC019 And 27.5 62.39 34.89 0.99 25TCDC019 Including 27.5 35.03 7.53 1.19 25TCDC019 And Including 38.23 43.8 5.57 1.17 25TCDC019 And Including 44.93 49.75 4.82 1.04 25TCDC019 And Including 54.8 59.95 5.15 1.51 ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 10 Hole ID From (m) To (m) Interval (m) Au g/t 25TCDC019 And 63.67 73.9 10.23 0.97 25TCDC019 Including 64.87 71.62 6.75 1.24 25TCDC020 0 12.37 12.37 0.45 25TCDC020 And 19.5 66.86 47.36 1.34 25TCDC020 Including 29.24 37.04 7.8 1.79 25TCDC020 And Including 38.42 43.69 5.27 1.45 25TCDC020 And Including 53 57.17 4.17 2.07 25TCDC020 And Including 59.77 66.86 7.09 2.27 25TCDC024 27.03 35.23 8.2 0.96 25TCDC024 Including 28.15 31.9 3.75 1.19 25TCDC024 And 36.82 44.05 7.23 1.07 25TCDC024 Including 40.32 44.05 3.73 1.72 25TCDC024 And 75.34 79.68 4.34 0.97 25TCDC024 Including 76.4 79.1 2.7 1.13 25TCDC045 2.74 3.51 0.77 1.88 25TCDC045 22.25 26.52 4.27 1.26 25TCDC045 Including 22.25 23.43 1.18 2.77 25TCDC051 57.39 58.14 0.75 1.5 25TCDC051 And 65.32 68.58 3.26 0.34 25TCDC051 And 78.94 83.65 4.71 0.35 25TCMW002 68.58 71.63 3.05 0.34 25TCRC002 1.52 16.76 15.24 0.91 25TCRC002 Including 13.72 15.24 1.52 2.61 25TCRC002 And 25.91 32 6.09 0.54 25TCRC002 And 47.24 50.29 3.05 0.44 25TCRC003 1.52 6.1 4.58 0.51 25TCRC003 And 12.19 15.24 3.05 0.47 ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 11 Hole ID From (m) To (m) Interval (m) Au g/t 25TCRC003 And 27.43 41.15 13.72 2.83 25TCRC003 Including 27.43 35.05 7.62 4.45 25TCRC003 And Including 39.62 41.15 1.53 2.07 25TCRC004 1.52 27.43 25.91 1.1 25TCRC004 Including 1.52 13.72 12.2 1.42 25TCRC004 And Including 21.34 22.86 1.52 2.65 25TCRC004 And 39.62 41.15 1.53 1.06 25TCRC004 And 48.77 60.96 12.19 0.45 25TCRC008 27.43 30.48 3.05 0.5 25TCRC008 And 53.34 57.91 4.57 0.7 25TCRC009 41.15 47.24 6.09 1.3 25TCRC009 Including 41.15 45.72 4.57 1.61 25TCRC010 6.1 7.62 1.52 0.73 25TCRC010 And 13.72 33.53 19.81 0.87 25TCRC010 Including 15.24 19.81 4.57 1.39 25TCRC010 And 50.29 62.48 12.19 0.53 25TCRC010 And 64.01 71.63 7.62 0.76 25TCRC014 0 7.62 7.62 0.64 25TCRC014 And 12.19 36.58 24.39 0.53 25TCRC014 38.1 53.34 15.24 1.09 25TCRC014 Including 38.1 44.2 6.1 1.35 25TCRC014 And Including 45.72 50.29 4.57 1.27 25TCRC015 4.57 13.72 9.15 0.59 25TCRC015 And 15.24 50.29 35.05 0.7 25TCRC015 Including 42.67 47.24 4.57 1.64 25TCRC019 10.67 16.76 6.09 0.66 25TCRC021 1.52 12.19 10.67 0.46 ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 12 Hole ID From (m) To (m) Interval (m) Au g/t 25TCRC021 And 18.29 25.91 7.62 0.53 25TCRC021 And 27.43 32 4.57 0.43 25TCRC021 And 33.53 38.1 4.57 0.47 25TCRC021 And 39.62 45.72 6.1 0.71 25TCRC021 And 50.29 59.44 9.15 0.84 25TCRC021 Including 54.86 59.44 4.58 1.05 25TCRC026 42.67 51.82 9.15 0.84 25TCRC026 Including 48.77 51.82 3.05 1.13 25TCRC028 39.62 42.67 3.05 0.44 25TCRC029 36.58 39.62 3.04 0.56 25TCRC030 54.86 62.48 7.62 0.67 25TCRC031 33.53 62.48 28.95 0.63 25TCRC033 1.52 12.19 10.67 0.53 25TCRC033 And 21.34 28.96 7.62 0.38 25TCRC033 And 32 64.01 32.01 1.07 25TCRC033 Including 35.05 42.67 7.62 1.05 25TCRC033 And Including 44.2 48.77 4.57 1.42 25TCRC033 And Including 57.91 64.01 6.1 1.9 25TCRC048 12.19 25.91 13.72 0.75 25TCRC048 And 35.05 38.1 3.05 0.89 25TCMW003 No significant intersections meeting reporting criteria 25TCMW005 No significant intersections meeting reporting criteria 25TCRC022 No significant intersections meeting reporting criteria 25TCRC023 No significant intersections meeting reporting criteria 25TCRC024 No significant intersections meeting reporting criteria 25TCRC025 No significant intersections meeting reporting criteria ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 13 Note: Reported intervals are downhole lengths. True widths are estimated at 50-75% of downhole length depending on angle of drilling relative to structures. Significant intersections calculated using 0.3 g/t Au cut-off with maximum 3m internal dilution. Table 2: Collar Details Coordinates: NAD 83 Zone 6 North HoleID Hole Type UTM_NAD83_Zone 06N EOH (m) Azimuth (m) Dip (m) East North RL (m) 25NWTR001 TR 461544.4 7208874 500.6 90 105 -11.5 25NWTR002 TR 461728.5 7208950 466.2 37 120 -13 25TCDC002 DD 461831.3 7209061 440.789 61.26 199.5 -51.5 25TCDC003 DD 461830.1 7209061 440.829 61.14 224.6 -54.3 25TCDC004 DD 461805.6 7209016 443.865 62.83 359.6 -44.4 25TCDC005 DD 461806.7 7209018 444.201 68.49 47.6 -44.7 25TCDC006 DD 461803.8 7209018 444.035 61.39 334.6 -46 25TCDC011 DD 461775.1 7209024 452.978 67.7 60 -45 25TCDC012 DD 461773.5 7209025 453.014 60.56 30 -45 25TCDC013 DD 461771.5 7209025 453.05 65.53 359.1 -45 25TCDC016 DD 461747.9 7208929 457.183 68.98 4.6 -46.4 25TCDC017 DD 461750.1 7208928 457.212 74.22 34.3 -48 25TCDC018 DD 461732.6 7208891 457.922 87.48 26.5 -47.8 25TCDC019 DD 461731.7 7208892 457.985 77.42 14.5 -44.9 25TCDC020 DD 461730.6 7208892 457.956 76.17 358.2 -45.2 25TCDC024 DD 461783.1 7208954 448.901 80.47 311.3 -45 25TCDC045 DD 461751.4 7208797 449.661 78.49 35 -45 25TCDC051 DD 461618.4 7208803 482.398 88.39 200 -45 25TCMW002 RC 461244.7 7208442 548.044 79.25 268.4 -89.7 25TCMW003 RC 462259.4 7208758 348.299 13.72 87 -89.3 25TCMW005 RC 464434 7210337 243.578 12.19 347.7 -88.7 ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 14 HoleID Hole Type UTM_NAD83_Zone 06N EOH (m) Azimuth (m) Dip (m) East North RL (m) 25TCRC002 RC 461828.5 7209063 440.856 50.29 294.2 -59.6 25TCRC003 RC 461822.1 7209040 441.86 50.29 24.7 -59.8 25TCRC004 RC 461805.7 7209021 446.505 60.96 26 -59.6 25TCRC008 RC 461769 7208919 451.435 57.91 2.1 -45.2 25TCRC009 RC 461769.5 7208919 451.346 57.91 29.6 -46.2 25TCRC010 RC 461760.5 7208900 451.837 76.2 0.2 -45.3 25TCRC014 RC 461752.4 7208881 452.178 53.34 24.5 -45.2 25TCRC015 RC 461753.1 7208882 452.181 50.29 359.4 -44.6 25TCRC019 RC 461785.6 7208960 448.651 50.29 170.2 -44.9 25TCRC021 RC 461752.8 7208875 452.267 60.96 72.9 -49.3 25TCRC022 RC 461787.3 7208901 445.862 60.96 2.5 -45.5 25TCRC023 RC 461787.8 7208902 445.895 50.29 34.4 -44.2 25TCRC024 RC 461785 7208903 445.84 50.29 55.1 -55.1 25TCRC025 RC 461750.4 7208932 457.162 54.86 49.6 -44.5 25TCRC026 RC 461748.2 7208933 457.249 51.82 26.5 -45 25TCRC028 RC 461744.5 7208932 457.163 50.29 336.3 -44.7 25TCRC029 RC 461745.7 7208913 457.434 60.96 25.3 -44.8 25TCRC030 RC 461744.2 7208913 457.932 64.01 8.8 -43.1 25TCRC031 RC 461742.5 7208911 458.239 65.53 352.5 -45.2 25TCRC033 RC 461730.8 7208890 459.315 70.1 14.6 -44.2 25TCRC048 RC 461724 7208940 463.997 50.29 39.3 -46 TR = Trench, DD = Diamond Core, RC = Reverse Circulation Holes 25TCMW002, 25TCMW003, and 25TCMW005 are regional water monitoring bores with no significant intersections. ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 15 Figure 3: NW Array Prospect — Plan With Locations of Collars and Hole Traces for Drilling and Trenching Reported in This Announcement. ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 16 Fig 4. NW Array Prospect — Enlargement of northern part of main drilling area with selected best intersections from new gold assay results (bold text) coloured by average intersection grade. Previously reported intersections in lighter colours. ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 17 Fig 5. NW Array Prospect — Enlargement of southern part of main drilling area with selected best intersections (bold text) from new gold assay results coloured by average intersection grade. Previously reported intersections in lighter colours. ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 18 Figure 6: NW Array Prospect — Section A–B 25m width with Significant Gold Intersections From Drill Holes Reported in This Announcement Previously reported gold assays (transparent) and antimony intersections >0.2% Sb (green bars) shown for geological context This ASX release was approved for release by the Board. ENDS Video Update Watch Joe Webb's 2-minute explainer, ask questions, and join the conversation on our Investor Hub. Watch Now ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 19 Enquiries Joseph Webb View website: www.felixgold.com.au Executive Director Get updates directly to your inbox: www.felixgold.com.au/auth/signup Felix Gold Limited View this Announcement: https://www.felixgold.com.au/link/rAOOYy Ph: +61 422 955 411 E: joe.webb@felixgold.com.au About Felix Gold Felix Gold Limited (ASX: FXG) is advancing two complementary opportunities in Alaska's Fairbanks Mining District: near-term antimony production and district-scale gold. Antimony: Felix Gold is building America's Antimony Solution — a fully integrated domestic supply chain from proven U.S. ore. The Treasure Creek Antimony Project hosts one of the only proven sources of high-grade antimony ore in the United States. With ~90% antimony-bearing minerals and virtually no deleterious elements, Felix Gold has demonstrated military-grade antimony concentrate and 98% extraction — results that, to the Company's knowledge, no other Western project has publicly achieved. Gold: Felix Gold is the largest landholder in the Fairbanks Mining District, with 831,000 oz of JORC gold resources located 30km from Kinross's Fort Knox mill — a Tier 1 operation actively seeking third-party ore. The same infrastructure, permitting pathway, and team serve both commodities. Mineralisation outcrops at surface adjacent to year-round paved road with grid power, just 30km from Fairbanks. No federal land significantly reduces permitting timeframes compared to other U.S. critical minerals projects. Visit www.felixgold.com.au for more information. Competent Person Statements The information in this report that relates to Exploration Results is based on, and fairly represents, information compiled by Dr James Lally, a Competent Person who is a Member of The Australian Institute of Geoscientists. Dr Lally is an independent consultant to Felix Gold Limited and is a shareholder in the Company. Dr Lally has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.’ Dr Lally consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Forward-Looking Statements ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 20 Various statements in this release constitute statements relating to intentions, future acts and events. Such statements are generally classified as "forward-looking statements" and involve known and unknown risks, uncertainties and other important factors that could cause those future acts, events and circumstances to differ materially from what is presented or implicitly portrayed herein. Words such as "anticipates", "expects", "intends", "plans", "believes", "seeks", "estimates", "may", "potential", "pathway", "aims", "targeting" and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this announcement include references to potential third-party processing or toll treatment arrangements for gold, future exploration programs and their anticipated outcomes, and infrastructure advantages and development potential. With respect to gold development specifically: no feasibility study has been completed, no commercial agreements exist with third parties for ore processing, and there is no certainty that any toll treatment arrangement will be achieved. Felix cautions shareholders and prospective shareholders not to place undue reliance on these forward-looking statements and references to what events have transpired for other entities, which reflect the view of Felix only as of the date of this release. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Various statements in this release may also be based on the circumstances of other entities. Felix gives no assurance that the anticipated results, performance or achievements expressed or implied in those statements will be achieved. Previous Disclosure – 2012 JORC Code The information in this release that relates to Exploration Results, Mineral Resources and Exploration Targets for Felix’s Fairbanks Gold Projects was extracted from the following ASX Announcements: 29 Jan 2026 FXG: Drilling Confirms Broad Zones of Gold Mineralisation at Treasure Creek 27 Jan 2025 FXG: Antimony Metal Production Program Commences 25 Nov 2025 FXG: Shallow High-grade Gold Results at Treasure Creek 23 Jan 2025 FXG: High-grade Antimony and Gold Results from Trenching 20 June 2024 FXG: Maiden NW Array Inferred Mineral Resource 16 May 2024 FXG: Felix Gold Secures Strategic Claims, Expanding Scale Potential of NW Array Gold Trend 10 Apr 2024 FXG: North West Array Bottle Roll Gold Recoveries Average 90% 19 Oct 2023 FXG: High Grade Antimony Assays up to 28% Sb 11 Aug 2023 FXG: Assay Results Unveiling Substantial Gold Zones with Continued High-Grade Antimony Enrichment 24 July 2023 FXG: Continuation of Broad Zones of Gold and High-Grade Stibnite from NW Array 17 July 2023 FXG: High-Grade Critical Mineral Discovery at NW Array 04 July 2023 FXG: NW Array Drilling Announcement 03 July 2023 FXG: NW Array Drilling Returns Broad Gold Intercepts 30 May 2023 FXG: Drilling Commenced at NW Array 14 Mar 2023 FXG: Exploration Target for NW Array 03 Feb 2023 FXG: Deeper Gold Mineralization and Prospective Feeder Zones Discovered 19 Jan 2023 FXG: New Gold Zones Identified in Reconnaissance Drilling 09 Dec 2022 FXG: Scrafford Shear Potential Grows and High-Grade Antimony Initiatives Commenced 01 Dec 2022 FXG: Near-Surface Gold Zones Extended into Northern Treasure Creek 18 Oct 2022 FXG: Significant Expansion of NW Array Gold Zone 05 Oct 2022 FXG: 400M Traverse of Thick Gold Mineralisation Open 01 Aug 2022 FXG: Multiple Thick, Near-Surface Intercepts at Treasure Creek 22 Jun 2022 FXG: Step-out Drilling Success at Treasure Creek 28 Jan 2022 FXG: Felix Gold Prospectus ASX Announcement 13th Feb 2026 Felix Gold Limited (ASX.FXG) 21 A copy of such announcements is available to view on the Felix Gold Limited website felixgold.com.au/announcements. These previous reports were issued in accordance with the 2012 Edition of the JORC Code. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. APPENDIX: JORC Code Table 1 Report Section 1: Sampling Techniques and Data Criteria Explanation Commentary Sampling techniques ● Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as downhole gamma sondes, or handheld XRF instruments, etc.). These examples should not be t