Drilling Confirms Additional Near-Surface Gold Zones
Released
Released
Announcement PDF
ASX Announcement
2 April 2026
Drilling Confirms Additional
Near-Surface Gold Zones
at Treasure Creek
Felix Gold (ASX: FXG) reports gold assay results from the 2025 drilling program at the NW Array
prospect within the Treasure Creek Project. Multiple zones of near-surface gold mineralisation
have been confirmed across both diamond core and RC drilling, with results confirming continuity
of mineralisation within the same structural corridor that hosts the Company’s high-grade antimony
system.
Key Highlights
Gold Results
● Multiple gold zones confirmed at shallow depth, hosted within fault breccias and
fractured felsic zones across the NW Array prospect
● 37.65m @ 2.02 g/t Au from 48.55m (25TCDC026), incl. 9.76m @ 2.99 g/t Au within the
black breccia fault zone
● 25.91m @ 1.84 g/t Au from 16.76m incl. 16.76m @ 2.66 g/t Au (25TCRC043)
● 24.38m @ 1.66 g/t Au from 41.15m incl. 6.10m @ 3.60 g/t Au (25TCRC042)
● 15.24m @ 2.17 g/t Au from 39.62m incl. 3.04m @ 7.25 g/t Au (25TCRC037)
● 11.00m @ 4.44 g/t Au from surface (25TCDC028) — grades conservatively reported with
zero values assigned to intervals of core loss; actual grades are likely higher
● 24.52m @ 1.33 g/t Au from 11.89m (25TCDC056), incl. black breccia zone grading 1.95
g/t Au
● 25.88m @ 0.97 g/t Au from 8.40m including 10.83m @ 1.50 g/t Au (25TCDC036)
System Interpretation
● Gold mineralisation is hosted within the same fault breccia zone that carries high-grade
antimony further to the southwest, confirming the dual-commodity character of the NW
Array structural corridor
● Breccia zone strike is interpreted to change from ENE to NE in the northern part of the
prospect, refining the understanding of the mineralised system geometry
● Higher gold grades are consistently associated with more intense brecciation, silicification,
and proximity to antimony mineralisation
Felix Gold Limited (ASX: FXG)
Level 1, 371 Queen Street, Brisbane QLD 4000
P: +61 7 3041 1370 | E: ir@felixgold.com.au | W: felixgold.com.au
ACN 645 790 281
1
ASX Announcement
2 April 2026
Felix Gold's Executive Director, Joseph Webb, commented:
“These gold results demonstrate the consistency of gold mineralisation within the NW Array
system. We are now seeing continuous zones of gold mineralisation, including intervals exceeding
30 metres, hosted within the same structural corridor that delivers our high-grade antimony. This is
the same geological system that draws value from two commodities, and drilling continues to
improve our understanding of its geometry.
From a strategic perspective, these results reinforce the decision to secure 100% ownership of the
Treasure Creek mining claims. We have exercised our option to acquire the claims and are
progressing toward completion1
. This positions the Company to control an asset that hosts both
high-grade antimony ore – proven to exceed military-grade concentrate specifications – and
additional gold mineralisation, located 30 kilometres by road from Kinross’s Fort Knox mill.
Importantly, these results do not change our current development approach, which remains
focused on a small-scale, targeted antimony operation with a minimal surface footprint.
Gold results provide additional geological context to the NW Array system alongside our primary
focus on establishing America’s first integrated domestic antimony supply chain. With bulk sample
ore extraction now permitted2
and processing pathways demonstrated3
, the antimony track is
advancing rapidly. In parallel, these gold results continue to support the ongoing assessment of
the NW Array mineralisation, providing strategic optionality and potential toll-treatment pathways
that complement the broader Treasure Creek development.”
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. The direct ore sample was selected from a
high-grade zone and is not necessarily representative of average deposit grades.
Join the conversation
View this announcement and ask questions on our
Investor Hub.
3
Refer ASX Announcement 26 March 2026
2
Refer ASX Announcement 23 March 2026
1
Refer ASX Announcement 30 March 2026
Felix Gold Limited (ASX.FXG) 2
ASX Announcement
2 April 2026
Treasure Creek Project Overview
The Treasure Creek Project is located in the Fairbanks Mining District, Alaska, approximately
30km northeast of Fairbanks and 20 minutes from Felix's operational base. The project hosts the
historic Scrafford Mine — Alaska's second-largest historical antimony producer with recorded
production grades of up to 58% Sb — representing a second high-grade antimony system within
Felix Gold's tenure.
NW Array Prospect
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 and around
antimony-bearing structures – the same geological system delivering value from two commodities.
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.
Fig 1. Location of NW Array within Treasure Creek with near-term antimony production focus
Felix Gold Limited (ASX.FXG) 3
ASX Announcement
2 April 2026
Drilling Results — NW Array 2025 Program
Gold Results
Northern Breccia Zone (Holes 25TCDC027–033, 034, 035)
Holes 25TCDC027, 028, 029, 030, 031, 032, and 033 were drilled from the same pad in the
northern part of the 2025 drilling area, and all intersected highly broken and clay-rich rubbly zones
interpreted as a fault breccia and gouge within schist at shallow depths. Holes 25TCDC034 and
035 intersected what appears to be the same structure approximately 35m to the northeast.
Best results include 11m @ 5.04 g/t Au from 0m (25TCDC028), 7.65m @ 3.69 g/t Au from 25.41m
(25TCDC029) and 21.33m @ 1.14 g/t Au from 3.05m (25TCDC030). Core loss within these
intersections, particularly the upper parts of holes, was common and the reported intersection
grades assign zero values to lost intervals. The actual grades within these zones are likely to be
higher than the figures presented in the table where core loss is indicated.
The structural style and position of these breccia intersections align with the previously interpreted
‘black breccia’ to the southwest that in places carries high-grade antimony, and if so, the strike of
this structure is changing slightly from ENE to NE.
Southern Breccia Zone (RC Holes)
The same breccia zone is intersected further south in the lower parts of RC holes 25TCRC037,
038, 042, 043 and 045, where higher-grade results include 15.24m @ 2.17 g/t Au from 39.62m
(25TCRC037), 24.38m @ 1.66 g/t Au from 41.15m (25TCRC042) and 25.91m @ 1.84 g/t Au from
16.76m (25TCRC043).
Central Mineralised Area (RC Holes 25TCRC035–045)
RC holes 25TCRC035, 036, 037, 038, 039, 040, 041, 042, 043, 044 and 045 were drilled in the
central part of the main mineralised area. The upper intersections in most of these holes
intersected low to moderate grade gold mineralisation within felsic rocks that correlates with
fracturing and brecciation in nearby diamond holes. Higher grades are related to parts of these
broader zones that also contain antimony mineralisation and/or more intense brecciation and
silicification.
Schist Hosted Gold Mineralisation
Towards the end of hole 25TCDC033, a significant fault zone in schist returned a result of 14.4m
@ 1.43 g/t Au from 60.1m. The orientation of this structure is uncertain, but it may be a steeper
structure in the footwall of the main modelled breccia zone in this area. Other holes in NW Array
have intersected significant gold mineralisation in structures within schist beneath the main felsic
sill (eg 25TCDC026, 22TCRC008 and 23TCRC135) and these represent important extension
targets.
Felix Gold Limited (ASX.FXG) 4
ASX Announcement
2 April 2026
Hole 25TCDC026
Diamond hole 25TCDC026, for which antimony results were reported in FXG’s last drilling
announcement4
, has high-grade gold related to both massive antimony veining (8.97m @ 2.09 g/t
Au from 16.78m) and the black breccia fault zone that straddles the contact between felsic and
schist (37.65m @ 2.03 g/t Au from 48.55m). Beneath the black breccia zone within schist another
fault zone returned intersections of 11.73m @ 1.18 g/t Au from 89.31m (including 5.24m @ 2.29
g/t Au from 90.7m) and 2.48m @ 1.08 g/t Au from 103.59m.
Holes 25TCRC040 and 041
RC holes 25TCRC040 and 041 intersected moderate grades within fractured felsic with zones of
more intense fault brecciation. Higher grades in the upper sections of both holes are associated
with a fault structure that includes slivers of schist within felsic. The main contact zone of felsic and
schist is also faulted and mineralised, corresponding with a sudden 45m change in elevation of the
lower felsic contact in this area.
Holes 25TCDC056 and 057
Diamond holes 25TCDC056 and 057 have shallow gold mineralisation related to fault breccias and
fracture zones both around stibnite veining and at the contact between felsic and schist. Best
result from 25TCDC056 of 24.52m @ 1.33 g/t Au from 11.89m includes fractured and brecciated
felsic with a narrow black breccia zone from 33.22m to 35.61m grading 1.95 g/t Au.
Mineralisation Styles
Gold mineralisation in the reported results is associated with three principal styles:
1. Variably developed fault breccia (‘black breccia’) that commonly occurs at the contact
between felsic and schist, carrying the highest-grade and broadest gold intersections.
2. Zones of fracturing and brecciation within felsic rock, where higher grades are associated
with antimony mineralisation, silicification, and more intense structural disruption.
3. Fault zones within schist characterised by brecciation, silicification and common clayey
fault gouge intervals.
Note: Reported intervals are downhole lengths. True widths are estimated depending on angle of
drilling relative to structures. Significant intersections calculated using 0.3 g/t Au cut-off with a
maximum of 3m internal dilution.
4
Refer ASX Announcment 13 March 2026
Felix Gold Limited (ASX.FXG) 5
ASX Announcement
2 April 2026
Fig 2. NW Array Prospect — Selected best intersections from new Au assay results, coloured by
average intersection grade.
Felix Gold Limited (ASX.FXG) 6
ASX Announcement
2 April 2026
Fig 3. NW Array Prospect — Cross section AB with new intersections labelled and previously
reported drillholes coloured by gold grades. Refer to Fig 5 for cross section location.
Felix Gold Limited (ASX.FXG) 7
ASX Announcement
2 April 2026
Fig 4. NW Array Prospect — Cross section CD with new intersections labelled and previously
reported drillholes coloured by gold grades. Refer to Fig 5 for cross section location.
Felix Gold Limited (ASX.FXG) 8
ASX Announcement
2 April 2026
Table 1: Reporting Intersections
Where core loss is recorded in the Core Recovery Notes column, assay calculations for the
reported interval have assigned zero grade to the unsampled lost core. Accordingly, the reported
gold grades for those intervals may be understated; actual grades could be higher, but cannot be
lower than the reported values.
HoleID From (m) To (m) Interval (m) Au ppm Sb % As ppm
Core Recovery
Notes
Est. True
Widths
25TCDC025 25.46 39.7 14.24 0.77 0.15 739 9.2
25TCDC025 incl. 28.93 32.08 3.15 1.52 0.05 1035 2
25TCDC026 2.03 12.46 10.43 1.18 5.93 1607 4.4
25TCDC026 incl. 6.65 9.13 2.48 3.49 24.4 1425 1
25TCDC026 16.78 25.75 8.97 2.09 12.09 780
25TCDC026 29.11 37.24 8.13 0.59 0.1 887
25TCDC026 48.55 86.2 37.65 2.02 0.71 1781
25TCDC026 incl. 61.9 71.66 9.76 2.99 1.96 1118 8
25TCDC026 incl. 73.19 83.37 10.18 2.76 0.24 2752 8.3
25TCDC026 89.31 101.04 11.73 1.18 0.18 2443
Incl. 1.07m core
loss
25TCDC026 incl. 90.7 95.94 5.24 2.29 0.4 4718 0.9
25TCDC026 103.59 106.07 2.48 1.08 3.63 2782
25TCDC027 0.75 3.7 2.95 0.81 0.01 605
25TCDC027 34.26 38.52 4.26 0.55 0 517
25TCDC028 0 11 11 4.44 0.06 2074
Incl. 1.3m core
loss 6.3
25TCDC028 26.71 37.49 10.78 1.08 0.02 963
25TCDC028 incl. 32.01 37.49 5.48 1.44 0.03 896
25TCDC028 47.48 51 3.52 0.64 6 1941
25TCDC029 1.31 6.55 5.24 2.41 0.05 2796
Incl. 3.43m core
loss
25TCDC029 9.03 17.77 8.74 1.66 0.69 1601
Incl. 4.5m core
loss
25TCDC029 25.41 33.06 7.65 3.62 1.59 2460
25TCDC029 37.62 47.06 9.44 0.46 0.12 899 4
25TCDC029 48 65.11 17.11 1.02 0.88 4130
25TCDC029 incl. 57.91 64.41 6.5 1.59 2.13 3579
Felix Gold Limited (ASX.FXG) 9
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HoleID From (m) To (m) Interval (m) Au ppm Sb % As ppm
Core Recovery
Notes
Est. True
Widths
25TCDC030 3.05 24.38 21.33 1.11 0.15 477
Incl. 2.53m core
loss
25TCDC030 incl. 6.78 15.65 8.87 1.42 0.07 245
25TCDC030 25.06 31.44 6.38 1 0.42 761 Incl. 2m core loss
25TCDC030 incl. 26.8 28.82 2.02 2.16 0.3 1183
25TCDC030 32.83 49.71 16.88 1.39 0.48 4532 Incl. 1m core loss 5.8
25TCDC030 61.81 64 2.19 2.51 0.03 6870 0.7
25TCDC031 0 7.5 7.5 0.63 0.02 285
Incl. 2.25m core
loss
25TCDC031 10.58 19.18 8.6 1.33 0.09 468
Incl. 1.52m core
loss
25TCDC031 incl. 10.58 15.54 4.96 2.13 0.13 318
25TCDC031 22.5 35.36 12.86 0.79 0.1 2481
Incl. 0.88m core
loss
25TCDC031 incl. 29.11 34.35 5.24 1.52 0.2 4368
25TCDC031 36.03 39.68 3.65 1.28 0.83 4260
Top break 1.68m
core loss
25TCDC032 3.61 6.9 3.29 0.45 0.08 576
Incl. 1.01m core
loss
25TCDC032 19.35 22.62 3.27 0.31 0.06 412
Incl. 0.94m core
loss
25TCDC032 27.43 37.17 9.74 0.52 0.03 1241
Incl. 0.85m core
loss
25TCDC032 39.93 46.02 6.09 0.43 0.01 660
25TCDC032 48.34 53.22 4.88 0.47 0.26 1112
25TCDC033 5.75 8.9 3.15 1.3 0.03 1023
25TCDC033 21.95 26.27 4.32 0.34 0 359
Incl. 2.37m core
loss
25TCDC033 51.6 56.16 4.56 0.79 0.11 2032
25TCDC033 60.1 74.5 14.4 1.43 0.53 5589 6.1
25TCDC034 11.44 18.5 7.06 1.26 0.03 647
Incl. 1.63m core
loss
25TCDC035 18.08 32.97 14.89 1.22 0.12 1695
Incl. 2.87m core
loss
25TCDC035 34.15 40.26 6.11 2.13 0.34 6686
Incl. 0.93m core
loss
25TCDC035 45.69 53.3 7.61 1.12 0.12 1966
Incl. 2.27m core
loss
Felix Gold Limited (ASX.FXG) 10
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HoleID From (m) To (m) Interval (m) Au ppm Sb % As ppm
Core Recovery
Notes
Est. True
Widths
25TCDC036 8.4 34.28 25.88 0.97 0.22 1294
25TCDC036 incl. 14.94 25.77 10.83 1.5 0.46 1472 2.8
25TCDC036 35.25 41.66 6.41 0.62 0.09 561
25TCDC037 6.71 15.31 8.6 1.42 0.27 861
Incl. 0.24m core
loss
25TCDC037 incl. 10.58 15.31 4.73 2.25 0.44 559
25TCDC037 17.65 24.45 6.8 0.89 0.03 1245
25TCDC037 31.53 37.25 5.72 0.5 0.24 342
Incl. 0.5m core
loss 5.5
25TCDC038 0 19.42 19.42 0.72 0.26 1295
25TCDC038 incl. 1.78 6.16 4.38 1.01 0.81 1538
25TCDC038 20.54 39.18 18.64 1.33 0.32 1305
25TCDC038 42.37 58.55 16.18 1.05 1.13 514
25TCDC038 incl. 53.04 57.06 4.02 2.22 1.68 442 1.7
25TCDC039 5.49 22.72 17.23 0.67 0.39 738 5.9
25TCDC039 24.6 29.72 5.12 0.52 0.03 589
25TCDC039 36.27 40.27 4 0.51 0.02 633
25TCDC039 44.92 51.59 6.67 1.49 1.08 534
Incl. 0.27m core
loss
25TCDC040 0 17.52 17.52 0.84 0.17 1449
25TCDC040 incl. 6.49 9.2 2.71 1.24 0.07 1436
25TCDC040 and incl. 13.87 15.85 1.98 2.4 0.84 1700
25TCDC040 44.33 50.93 6.6 0.54 0.4 740
25TCDC040 51.76 53.95 2.19 1.36 1.79 619
25TCDC040 66.7 76.7 10 1.48 0.21 2107
25TCDC041 0 19.81 19.81 1.06 0.14 1467
25TCDC041 incl. 14.2 18.65 4.45 2.98 0.22 1992
25TCDC041 36.85 41.7 4.85 0.45 0.63 444
25TCDC041 53.42 60.82 7.4 0.51 0.04 791
25TCDC041 71.06 79.94 8.88 0.66 0.03 1919
25TCDC054 28.86 41.91 13.05 0.76 0.02 1068
Incl. 0.55m core
loss
25TCDC054 incl. 38.8 39.85 1.05 3.63 0.03 1134
25TCDC054 56.75 68.69 11.94 0.56 0.01 1877
Felix Gold Limited (ASX.FXG) 11
ASX Announcement
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HoleID From (m) To (m) Interval (m) Au ppm Sb % As ppm
Core Recovery
Notes
Est. True
Widths
25TCDC054 73.17 76.5 3.33 0.58 0.01 1949
25TCDC055 8.65 16.02 7.37 0.45 0.02 1049
25TCDC055 55.32 65.84 10.52 0.61 0.07 1324
25TCDC056 0.64 10.75 10.11 0.66 0.15 1339
Incl. 0.76m core
loss
25TCDC056 11.89 36.41 24.52 1.33 0.46 792
Incl. 0.2m core
loss
25TCDC056 incl. 18.6 27.2 8.6 1.66 0.16 1167
25TCDC056 incl. 33.22 35.61 2.39 1.95 3.4 520
25TCDC056 53.04 54.48 1.44 1.78 0 169
25TCDC056 74.37 79.86 5.49 1.12 0.01 1586
25TCDC057 1.6 28.37 26.77 0.61 0.04 2205
Incl. 0.82m core
loss 6.9
25TCDC057 incl. 16.56 28.37 11.81 1.24 1.87 667
25TCDC057 29.91 34.65 4.74 1.25
Incl. 3.5m core
loss
25TCMW004 13.72 16.76 3.04 0.51 0.01 4586
25TCRC032 1.52 10.67 9.15 0.61 0.06 1194
25TCRC032 18.29 67.06 48.77 1.02 0.26 1816
25TCRC032 incl. 42.67 60.96 18.29 1.52 0.47 2245
25TCRC035 0 13.72 13.72 0.82 0.21 1525
25TCRC035 incl. 6.1 10.67 4.57 1.57 0.11 2038
25TCRC035 15.24 28.96 13.72 0.95 0.29 1747
25TCRC035 33.53 42.67 9.14 0.5 0.06 1354
25TCRC035 51.82 57.91 6.09 0.44 0.32 1042
25TCRC037 1.52 16.76 15.24 0.65 0.18 1455
25TCRC037 27.43 35.05 7.62 0.62 0.02 1022
25TCRC037 39.62 54.86 15.24 2.17 0.09 1353
25TCRC037 incl. 51.82 54.86 3.04 7.25 0.21 1957
25TCRC038 0 3.05 3.05 0.33 0.88 587
25TCRC038 6.1 19.81 13.71 0.46 0.1 800
Felix Gold Limited (ASX.FXG) 12
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HoleID From (m) To (m) Interval (m) Au ppm Sb % As ppm
Core Recovery
Notes
Est. True
Widths
25TCRC038 30.48 39.62 9.14 1.28 0.06 971
Incl. 3.05m not
assayed for Au -
insufficient
remaining sample
25TCRC038 incl. 32 35.05 3.05 2.2 0.03 1331
25TCRC039 18.29 24.38 6.09 0.38 0.04 2012
25TCRC039 38.1 42.67 4.57 0.42 0.03 1544
25TCRC039 45.72 51.82 6.1 1.63 0.11 1529
25TCRC040 22.86 25.91 3.05 0.47 0.03 1572
25TCRC040 47.24 50.29 3.05 0.76 0.11 1582
25TCRC041 6.1 9.14 3.04 0.76 0.12 1664
25TCRC041 21.34 24.38 3.04 0.45 0.03 724
25TCRC041 27.43 45.72 18.29 0.47 0.03 785
25TCRC041 50.29 67.06 16.77 0.8 0.1 1663
25TCRC041 incl. 62.48 67.06 4.58 1.52 0.07 2896
25TCRC042 41.15 65.53 24.38 1.66 0.16 2294
25TCRC042 incl. 42.67 48.77 6.1 3.6 0.13 5053
25TCRC043 6.1 12.19 6.09 0.93 0.03 1605
25TCRC043 16.76 42.67 25.91 1.84 0.05 1522 13
25TCRC043 incl. 21.34 38.1 16.76 2.66 0.05 1763
25TCRC044 10.67 13.72 3.05 0.5 0.03 276
25TCRC044 18.29 24.38 6.09 1.51 0.65 774
25TCRC044 33.53 54.86 21.33 0.66 0.03 353
25TCRC045 4.57 16.76 12.19 1.08 0.31 702
25TCRC045 incl. 10.67 15.24 4.57 1.65 0.16 778
25TCRC045 19.81 25.91 6.1 0.54 0.22 391
25TCRC045 28.96 50.29 21.33 0.62 0.03 606
New Sb results
25TCDC037 10.58 12.43 1.85 3.53 0.89 776
Felix Gold Limited (ASX.FXG) 13
ASX Announcement
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Figure 5: NW Array Prospect — Plan showing locations of collars and hole traces for the drilling
report, as detailed in this announcement. Lines labelled AB and CD indicate the positions of
cross-sections in Fig 3 and Fig 4.
Felix Gold Limited (ASX.FXG) 14
ASX Announcement
2 April 2026
Table 2: Collar Details
HoleID Hole Type
UTM_NAD83_Zone 06N
EOH (m)
Azimuth
(UTM)
Dip
East North RL (m)
New Au assays
25TCDC025 DD 461783.00 7208953.00 449.10 75.10 294.0 -45.1
25TCDC026 DD 461784.00 7208949.00 449.00 117.04 231.5 -45.5
25TCDC027 DD 461831.00 7209082.00 439.80 114.00 340.0 -45.0
25TCDC028 DD 461829.00 7209078.00 439.80 57.12 255.0 -45.0
25TCDC029 DD 461831.00 7209077.00 439.80 78.82 195.0 -55.0
25TCDC030 DD 461833.00 7209076.00 439.70 68.88 170.0 -45.0
25TCDC031 DD 461833.00 7209077.00 439.70 59.13 310.0 -90.0
25TCDC032 DD 461834.00 7209080.00 439.60 64.31 115.0 -70.0
25TCDC033 DD 461833.00 7209080.00 439.50 79.77 195.0 -55.0
25TCDC034 DD 461863.00 7209088.00 433.70 66.45 280.0 -45.0
25TCDC035 DD 461867.00 7209086.00 433.70 75.04 180.0 -65.0
25TCDC036 DD 461714.00 7208928.00 464.60 54.89 348.9 -43.5
25TCDC037 DD 461712.00 7208925.00 464.30 50.60 301.0 -45.1
25TCDC038 DD 461734.00 7208896.00 457.70 75.74 336.5 -43.4
25TCDC039 DD 461734.00 7208894.00 457.80 71.29 311.2 -44.4
25TCDC040 DD 461734.00 7208891.00 457.80 95.49 209.2 -59.7
25TCDC041 DD 461735.00 7208891.00 457.80 91.20 181.0 -46.3
25TCDC054 DD 461655.00 7208905.00 477.60 201.78 270.0 -70.0
25TCDC055 DD 461658.00 7208902.00 477.30 85.04 160.0 -45.0
25TCDC056 DD 461693.00 7208938.00 470.50 79.86 25.0 -45.0
25TCDC057 DD 461695.00 7208937.00 470.50 100.07 345.0 -45.0
25TCRC032 RC 461732.00 7208889.00 459.00 67.06 31.5 -44.7
25TCRC035 RC 461758.00 7208971.00 456.30 60.96 58.5 -43.6
25TCRC037 RC 461757.00 7208971.00 456.70 54.86 1.8 -44.8
25TCRC038 RC 461756.00 7208966.00 456.80 50.29 334.4 -45.1
25TCRC039 RC 461756.00 7208969.00 456.90 51.82 229.0 -44.8
25TCRC040 RC 461756.00 7208968.00 456.90 50.29 180.2 -44.8
25TCRC041 RC 461738.00 7208974.00 461.20 67.06 59.6 -44.5
25TCRC042 RC 461736.00 7208974.00 461.40 65.53 30.6 -44.4
25TCRC043 RC 461734.00 7208976.00 462.10 50.29 359.4 -45.5
25TCRC044 RC 461736.00 7208977.00 461.70 57.91 181.1 -60.6
25TCRC045 RC 461736.00 7208968.00 461.50 50.29 230.7 -44.8
Felix Gold Limited (ASX.FXG) 15
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HoleID Hole Type
UTM_NAD83_Zone 06N
EOH (m)
Azimuth
(UTM)
Dip
East North RL (m)
New Sb-ME
assays
25TCDC046 DD 461746.00 7208794.00 449.88 110.34 220.0 -45.0
25TCMW002 RC 461245.00 7208442.00 548.04 79.25 268.4 -89.7
25TCMW004 RC 464442.00 7210334.00 243.52 53.34 339.0 -89.0
Announcement authorised for release by Felix Gold’s Board of Directors
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Joseph Webb View website: www.felixgold.com.au
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Felix Gold Limited
P: +617 3041 1370
E: ir@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 additional gold mineralisation.
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%5
antimony-bearing minerals
and virtually no deleterious elements, Felix Gold has demonstrated military-grade antimony
concentrate – results that, to the Company's knowledge, no other Western project has publicly
achieved.
5
Refer ASX Announcement 19 Nov 2025
Felix Gold Limited (ASX.FXG) 16
ASX Announcement
2 April 2026
Gold: Felix Gold is the largest landholder in the Fairbanks Mining District, with inferred 831,000 oz
at 0.84g/t of JORC gold resources6
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.
Forward-Looking Statements
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 and antimony, future
exploration and metallurgical testwork programs and their anticipated outcomes, and infrastructure
advantages and development potential. With respect to gold and antimony 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 or processing
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.
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.
6
Refer ASX Announcement 20 June 2024
Felix Gold Limited (ASX.FXG) 17
ASX Announcement
2 April 2026
Forward-Looking Statements
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:
30 Mar 2026 FXG: Felix Gold Secures 100% Ownership of Treasure Creek Mining Claims
26 Mar 2026 FXG: Direct Shipping Ore Meets Military Grade Specification
23 Mar 2026 FXG: Receipt of Bulk Sample Permit from Alaska DNR
13 Mar 2026 FXG: NW Array Drilling Extends High-Grade Antimony System
19 Nov 2025 FXG: Ultra-High Ore Purity Achieves Military-Grade Antimony Concentrate
20 Jun 2024 FXG: Maiden NW Array Inferred Mineral Resource
28 Jan 2022 FXG: Felix Gold Prospectus
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.
Felix Gold Limited (ASX.FXG) 18
ASX Announcement
2 April 2026
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 taken as limiting the
broad meaning of sampling.
● Include reference to measures taken
to ensure sample representivity and
the appropriate calibration of any
measurement tools or systems
used.
● Aspects of the determination of
mineralisation that are Material to
the Public Report. In cases where
‘industry standard’ work has been
done this would be relatively simple
(eg ‘reverse circulation drilling was
used to obtain 1 m samples from
which 3 kg was pulverised to
produce a 30 g charge for
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