Announcement PDF ASX Announcement bsite 29 August 2024 Felix Gold Update – Investor Briefing Felix Gold Limited (ASX:FXG) will be holding a live and online investor briefing today, Thursday 29th of August at 12pm (AEST). Executive Director of Felix Gold, Joe Webb, will provide an overview of the company and discuss the recent highgrade antimony assays from the Treasure Creek Project. Register for the session or request a recording from the link below: https://felixgold.investorportal.com.au/investor-briefing After registering, you will receive a confirmation email containing a calendar invite and information about joining the webinar. The attached presentation forms the basis of the market update. ENDS Enquiries Joseph Webb Reach Markets Executive Director Investor and Media Relations Felix Gold Limited Ph: 1300 805 795 Ph: +61 422 955 411 E: ir@reachmarkets.com.au E: joe.webb@felixgold.com.au To stay up to date with company news, register your details on the Felix gold investor portal About Felix Gold Felix Gold Limited (ASX: FXG) is an ASX-listed gold discovery business operating in the highly endowed Tintina Gold Province of Alaska in the United States. Our flagship asset is a substantial landholding in the world-class Fairbanks Gold District, where historical gold production exceeds 16 Moz. In Fairbanks, our tenements sit within one of the largest gold production centres in the entire Tintina belt and lie in close proximity to both Kinross Gold’s Tier 1 gold mine, Fort Knox, and the rapidly growing Freegold Ventures’ discovery, Golden Summit. We hold four key projects across over 392 km 2 of tenure in the heart of this premier gold production district. Felix’s key projects are located only 20 minutes from our operational base in the central mining services hub of Fairbanks City, Alaska. This base is a huge advantage for Felix with its existing infrastructure, low-cost power, skilled Felix Gold Limited (ASX.FXG) 1 ASX Announcement bsite 29 August 2024 workforce and long history of gold production. It allows us to explore year-round and delivers genuine potential development pathways for our assets. Our key projects are located along the main Fairbanks gold trend and contain dozens of identified prospects, extensive alluvial gold production, large gold-in-soil anomalies and historical drill intercepts which remain wide open and mimic other major deposits in the district. We have multiple walk-up drill targets with evidence of large-scale gold potential. We also possess an existing Mineral Resource at Grant-Ester with significant upside opportunity. Felix’s value proposition is simple: we are striving to be the premier gold exploration business in the Tintina Province through the aggressive pursuit and realisation of Tier 1 gold discoveries. Visit the Felix Gold website for more information. Felix Gold Limited (ASX.FXG) 2 Strategic Push for U.S. Antimony Production INVESTOR PRESENTATION ASX: FXG Aug 2024 Important Notices The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restrictions. This presentation has been prepared based on information available as at the time of its presentation. Forward-Looking Statements Various statements in this presentation constitute statements relating to intentions, future acts and events. Such statements are generally classified as “forward-looking Historical References The information in this presentation that relates to Exploration Results, Mineral Resources and Exploration Targets for Felix’s Fairbanks Gold Projects was extracted statements” and involve known and unknown risks, uncertainties and other important from various ASX announcements. factors that could cause those future acts, events and circumstances to differ A copy of such announcements is available to view on the Felix Gold Limited website - materially from what is presented or implicitly portrayed herein. Words such as https://felixgold.investorportal.com.au/share-price-and-announcements/ - or on the ASX “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates” and similar announcement platform. expressions are intended to identify forward-looking statements. Felix Gold cautions The reports were issued in accordance with the 2012 Edition of the JORC Australasian 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 Gold only as of the date of this presentation. The forward- looking statements made in this presentation relate only to events as of the date on which the statements are made. Various statements in this presentation are also based on the circumstances of other entities. Felix Gold gives no assurance that the anticipated results, performance or achievements expressed or implied in those statements will be achieved. This presentation details some important factors and risks that could cause the Felix Gold’s actual results to differ from the forward-looking statements and circumstances of other entities in this document. Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. 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 announcements. Historical exploration and metallurgical testwork results in this presentation referencing Siak Tan and L. J. Manning 1973 (Tan 1973"), are reported for informational purposes only and do not comply with the current JORC Code 2012. These results have not been independently verified by Felix Gold and should not be relied upon as an accurate representation of the mineralization potential. The Company intends to conduct its own exploration and metallurgical testwork programs to verify and potentially extend these historical results. 2 Antimony and its Strategic Value Potential for a near-term, high-grade, and stand-alone antimony production 1 2 3 Strategic Resource for National Security Global Supply Chain Vulnerability Technological & Economic Importance Antimony is vital for U.S. military China controls 55% of Antimony is key in renewable in ammunition, flame retardants, global antimony mining and most energy tech, including electric vehicle and smart weaponry. Its unique downstream processing. The US has strengthening properties make it no domestic antimony production essential for defense and despite its critical importance to strategic sectors. national security. batteries. The market, valued at $1.8 billion in 2022, is expected to grow by 61% to reach $2.9 billion by 2030. 3 Our Unique Value Driver Our credential for the premium antimony opportunity 1 2 3 Strategic U.S. Location High-Grade Proven Supplier Near-Term Production Located in the U.S., Historically high-grade Positioned for U.S. government where domestic antimony antimony mines (up to 58% Sb) support for near-term, production is vital for that have repeatedly supplied national security the U.S. government high-grade antimony production 4 Golden Hub: Strategic Operations in Fairbanks Next to a Major Mining Centre, Fairbanks City Alaskan Kalgoorlie Equivalent: Recognised as Alaska's mining and services hub, akin to Kalgoorlie. Robust Infrastructure and Utilities: Benefits from a substantial infrastructure base and extensive utilities network. Resource Efficiency: Access to low-cost power and a skilled workforce ensures operational efficiency. Strategic Location: Felix Gold's operational base in Fairbanks is just 20 minutes direct road access from our NW Array and Grant Mine Projects. 5 Treasure Creek Antimony Felix Gold is focused on near-term, high-grade, and near-surface antinomy production ANTIMONY POTENTIAL Treasure Creek hosts the historic Scrafford Antimony Mine, Alaska's second-largest antimony producer, with past production grades up to 58% Sb Scrafford Antimony Mine Historical Production Data NW Array Drilling Confirms High-grade Antimony Average production grades include: Recent drilling at NW Array, ~2.5km west of Scrafford Antimony Mine, confirms multiple zones of high-grade antimony mineralization. 58% Sb (1915-1918, 1926-1927) 56% Sb (1933-1934) Significant intercepts include: 58% Sb (1970) 15.2m @ 5.5% Sb from 21.3m incl. 6.1m @ 13% Sb (23TCRC155) 14% Sb (1971) 1.5m @ 26.1% Sb from 38.1m (23TCRC135) 45% Sb (1977) 6.1m @ 7.7% Sb from 3m incl. 1.5m @ 28% Sb (23TCRC176) 3m @ 14.24% Sb from 7.62m (23TCRC071) Our previous drilling confirms high-grade Antimony in multiple locations across Treasure Creek Strategic Importance of Antimony U.S. Critical Mineral: Antimony is vital for defense, flame retardants, energy storage, and high-tech industries, with no current domestic production. China's Market Dominance: China controls the majority of global antimony supply and has recently halted exports, heightening supply concerns. U.S. Government Action: Over $1 billion allocated through defense and economic acts to secure critical minerals, including antimony. Felix Gold's Strategy: Developing domestic antimony resources to address U.S. strategic needs and position for growing demand. 6 Scrafford Antimony Mine at Treasure Creek One of Alaska's largest antimony producers with production grades up to 58% sb Highlights Scrafford Antimony Mine Intermittent operation: 1915 – 1977 High-grade deposit (up to 58% Sb): Reduced processing complexity Easily accessible: Near-surface high-grade ore Straightforward processing: Gravity separation method used Premium quality ore: Due to the absence of harmful smelter impurities Valuable byproducts: Gold and silver present Well-defined fault zone: Allowed for targeted exploration Proximity to Fairbanks: provided infrastructure advantages Disclaimer: Historical exploration and metallurgical testwork results in this presentation referencing Siak Tan and L. J. Manning 1973 (Tan 1973"), are reported for informational purposes only and do not comply with the current JORC Code 2012. These results have not been independently verified by Felix Gold and should not be relied upon as an accurate representation of the mineralization potential. The Company intends to conduct its own exploration and metallurgical testwork programs to verify and potentially extend these historical results. 7 Scrafford Antimony Mine at Treasure Creek Key historical antimony average production grades from the Scrafford Mine include*: 1915-1918 and 1926-1927: 58% Sb 1933-1934: 56% Sb 1970: 58% Sb 1971: 14% Sb 1977: 45% Sb *Note: Total production from available records 1.079Mkg @ 38.58% ~2.5km Significant intercepts include: 23TCRC155: 15.2m @ 5.5% Sb from 21.3m including 6.1m @ 13% Sb 23TCRC135: 1.5m @ 26.1% Sb from 38.1m 23TCRC176: 6.1m @ 7.7% Sb from 3m including 1.5m @ 28% Sb 23TCRC071: 3m @ 14.24% Sb from 7.62m Scrafford Antimony Mine within Treasure Creek 8 NW Array/ Scrafford Area Sb in Soils and Rocks with Drill Collars 9 Felix Gold's Resource Expansion Plan Antimony adds to Felix' opportunity for its growing 831 Koz gold resource Prime Location Alaska Fraser Institute #4 mining rating STRATEGIC ADVANTAGES VALUE DRIVERS In the established Fairbanks gold mining hub Proximity to Kinross’s Fort Knox Mine, actively seeking additional ore supply Opportunity Current market valuation of $24 EV/oz, positioned for market reassessment Tapping into a record-high gold market Stand-alone or ore supply to existing operations optionality Grant Mine NW Array Prospect High-grade brownfields resource expansion Large, open, at-surface, oxide and flat-lying gold system JORC 2012 Inferred Minerals Resource Estimate JORC 2012 Inferred Mineral Resource 364koz gold (inc. 136koz gold @ 6.2 g/t Au)* 25Mt @ 0.58g/t for 467koz* Significant intercepts include Significant intercepts include 18m @ 11 g/t Au (84R54)* 70.1m @ 1.6g/t Au (23TCRC138)* 6m @ 17 g/t Au (84D6)* 100.5m @ 1.14g/t Au (23TCRC135)* 6m @ 13 g/t Au (84R51)* 54.9m @ 1 .80g/t Au (23TCRC155)* 2024 Key Milestones Q2: Commence expansion drilling Q4: Update on resource modeling 2024 Key Milestones Q1 : 90% recoveries from bottle roll test work received Q2: Maiden Inferred Mineral Resource released Q3: Resource expansion and metallurgical drilling *Reference: ASX Announcement 28/01/2021 Prospectus, which includes JORC 2012 Inferred Minerals Resource Estimate compliant - 5.8Mt @ 1.95 g/t Au, totaling 364 koz gold, including an underground resource of 136 koz gold @ 6.2 g/t Au. **Drill intercepts previously reported in ASX Announcements listed in Appendix 1. 10 The Team to Deliver The technical, operational & commercial expertise is geared towards metals exploration success Ronnie Beevor Joseph Webb Mark Strizek Non-Executive Chairman Executive Director Non-Executive Director 40+ years’ experience in mining investment banking; previously Head of IB at Rothschild Australia over 1997 - 2002 Director of Champion Iron, which operates the 15mtpa Bloom Lake iron ore mine in Quebec Recently Chairman of Bannerman Energy, which owns the Etango Uranium Project in Namibia 20+ years’ global executive management experience in the resources and manufacturing industries, with previous commercial roles with Rio Tinto and Mineralogy Extensive commercial experience and a clear focus on the strategy, people, and processes to maximise the potential of the Company’s vision Andy Browne Craig McPherson Non-Executive Director CFO & Company Secretary Geologist with almost 50 years’ global experience in minerals exploration and evaluation 20+ years’ commercial and financial management experience, both in Australia and internationally Team leader in major discoveries of gold, mineral sands and uranium, including NexGen’s Arrow uranium deposit, Canada Held various key executive roles with ASX- and TSXlisted companies within the resources sector over the past 15 years Brings proven large-scale orebody discovery expertise Significant acquisitions and divestments experience, corporate financing initiatives, and stock exchange listings 27+ years’ experience in the resource industry with geological, technical and development expertise Experience as a geologist across various gold, base and technology metal projects Management and Board responsibilities in exploration, feasibility, finance and developmentready assets globally 11 Corporate Structure 5% 7% Highlights Tight capital structure Strongly supportive institutional shareholder base Expert geological and development guidance from MDF Global 20% CAPITAL STRUCTURE Shares on Issue 255.53 M Share Price (close 28 Aug 2024) A$0.083 Market Capitalisation A$21.2 M Options/Rights (excl convertible note) 34.74 M Cash (EOFY24) A$1.6 M SHARE REGISTER 68% Consolidated and Institutional Debt drawn (EOFY24 - before being converted to equity) A$0.7 M EV A$20.3 M MDF Global Management and Directors Alaskan Energy Metals Corporation 6 12 Environment, Community and Governance Stakeholder Engagement We acknowledge and respect the presence of community and industry stakeholders. We are dedicated to surpassing regulatory standards and community expectations through proactive engagement. Regulatory & Community Commitment In Alaska, we have dedicated program to manage stakeholder relations, community engagement, and government affairs. We are committed to earning the trust of stakeholders. Sustainable Practices & Commitments Best-in-Class Regulatory Approach We work closely with industry bodies, regulatory bodies and peers to uphold the highest standards. Strong Community Engagement We ensure open, transparent communication with all stakeholders, fostering strong relationships. Felix Gold’s projects are going through the exploration and resource definition phase. If successful, this work will lead to economic assessment and project definition. A thorough community consultation and statutory permitting process would then be carried out prior to any decision on mining. Integrating ESG We commit to embedding environmental, social, and governance (ESG) principles in our operations, aiming for a positive impact on society and the environment. 13 Fuelling Growth: Felix Gold's Resource Expansion Plan Near Tier 1 Gold Mine For further information, please contact: Joe Webb joe.webb@felixgold.com.au +61 422 955 411 Appendix 1 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 and Prospectus: 28 August 2024 High Grade Antimony Assay Results up to 15.99% Sb 20 June 2024 Maiden NW Array Inferred Mineral Resource, 25Mt @ 0.58 g/t Au for 467,000 oz of Gold 16 May 2024 Felix Gold Secures Strategic Claims, Expanding Scale Potential of NW Array Gold Trend 10 April 2024 North West Array Bottle Roll Gold Recoveries Average 90% 19 October 2023 High Grade Antimony Assays up to 28% Sb 11 August 2023 Substantial Gold Zones and High-Grade Antimony from Assays 24 July 2023 Continuation of Broad Zones of Gold and High-Grade Stibnite 17 July 2023 High-Grade Critical Mineral Discovery at NW Array 4 July 2023 NW Array Drilling Announcement 3 July 2023 NW Array Drilling Returns Broad Gold Intercepts 26 Nov 2021 Prospectus A copy of such announcements is available to view on the Felix Gold Limited website www.felixgold.com.au. The reports were issued in accordance with the 2012 Edition of the JORC Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. 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 announcements.