Announcement PDF ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 1 Registered office: Unit 11, 44 Station Road, Yeerongpilly QLD 4105 | ACN 645 790 281 First Gold Assay Results From 2026 Step-Out Drilling at Treasure Creek 26TCRC023: 12.19m @ 2.84 g/t Au from 36.58m downhole, incl. 1.52m @ 17.31 g/t Au Felix Gold Limited (ASX: FXG) is pleased to report the first gold assay results from its 2026 reverse circulation (RC) drilling program at the Treasure Creek Project in Alaska's Fairbanks Mining District. The program had two objectives: to test for immediate extensions to the gold and antimony mineralisation defined at NW Array in 2025, around the NW Array bulk sample open cut, where bulk sample extraction of high-grade antimony began in June 20266 ; and to begin wider step-out drilling along an interpreted north-northeast trend of gold mineralisation indicated by sparse historic drilling and gold-in-soil anomalies. The results reported here are for the first seven of the 80 holes drilled, the first returned from the laboratory. Highlights Gold results north of NW Array  12.19m @ 2.84 g/t Au from 36.58m, incl. 1.52m @ 17.31 g/t Au (26TCRC023); the majority of the gold is within the single 1.52m interval, with suspected coarse gold  22.86m @ 0.68 g/t Au from 4.57m (26TCRC023)  10.67m @ 0.61 g/t Au from 19.81m (26TCRC024) Gold and antimony north of NW Array  6.10m @ 1.16 g/t Au and 3.05m @ 1.04% Sb incl. 1.52m @ 1.83% Sb, from 6.10m (26TCRC019) Gold results, southwest NW Array  15.24m @ 0.59 g/t Au from 32.00m and 9.14m @ 0.69 g/t Au from 50.29m (26TCRC031)  4.57m @ 1.21 g/t Au from 12.19m and 6.10m @ 0.97 g/t Au from 19.81m (26TCRC028) Program status  2026 drilling is complete: 80 holes, 45 RC and 35 diamond  The RC program tested for immediate extensions to the 2025 mineralisation around the NW Array bulk sample open cut6 and began wider step-out drilling along an interpreted north-northeast gold trend  This release reports the assay results for the first 7 RC holes, the first returned from the laboratory. Results for the remaining 38 RC holes and the 35 diamond holes are pending and will be reported when assay results are available, following validation and interpretation  At NW Array, gold and antimony mineralisation was reported as open in multiple directions in May 20264 All intersections are downhole lengths; true widths are not known. Refer to ASX announcements: 4 Further Near-Surface High-Grade Gold Across NW Array, 22 May 2026 6 Extraction Commences at High-Grade US Antimony Project, 4 Jun 2026 ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 2 Figure 1. Treasure Creek 2026 RC drilling with the gold results reported since 2022: this announcement's intervals in bold, and every gold interval from the announcements listed under Previous disclosure faded along its hole. Downhole widths; true widths are not known. The 1.2km is the straight-line distance between 25TCDC023 and 26TCRC023 and does not imply continuity of mineralisation ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 3 Executive Director's comment Felix Gold's Executive Director, Joseph Webb, commented: "Until this season, our drilling at NW Array was concentrated on a footprint of about 400 by 200 metres around the antimony. This year's program had two jobs: test the immediate extensions of the gold and antimony mineralisation we defined in 2025, around the open cut where we began bulk sample extraction of antimony ore in June, and start stepping out along a broader north-northeast trend that sparse historic drilling and gold in soils point to. The best result so far on the northern step-out line, about 1.2 kilometres north of NW Array, is 12.19 metres downhole at 2.84 grams per tonne gold, including 1.52 metres at 17.31 grams per tonne. With 73 holes still waiting on assays, these first results begin to test whether gold mineralisation repeats along the north-northeast trend at Treasure Creek. "Felix Gold is building America's Antimony Solution, and that remains our priority. We have prepared a draft Plan of Operations, the application for the mine permit that would follow our bulk sample permit, for lodgement with the Alaska Department of Natural Resources. Gold exploration has continued alongside that work, and that matters strategically: Treasure Creek sits about 30 kilometres by road from Kinross's Fort Knox mill, and the same infrastructure serves both commodities. "We will report the remaining results as they are received. In parallel, the geology team is working the 2025 and 2026 drilling into the update of the NW Array Mineral Resource estimate, and towards a maiden antimony Mineral Resource, a planned step we set out in our investor presentation in October7 . Each set of results will add to our understanding of the trend and of the extensions around NW Array." 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 for antimony, and no JORC-compliant economic studies have been completed. There is no certainty that further work will result in the estimation of an antimony Mineral Resource. 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. 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. Refer to ASX announcement: 7 Investor Presentation, 9 Oct 2026 ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 4 Figure 2. Treasure Creek Project location. Tenure: State of Alaska DNR, 18 September 2026. Roads, railway and third-party operations: OpenStreetMap contributors and public sources. Eielson distance measured on the map. All indicative. 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 reported as open in multiple directions in May 20264 . 2026 RC drilling program Gold results from the 2025 NW Array drilling program were reported progressively through the first half of 20261,2,3,4 . Before this season, drilling at NW Array covered a footprint of about 400 × 200 m around the main antimony target area5 , with mineralisation remaining open in multiple directions4 . The 2026 RC program had two primary objectives: Refer to ASX announcements: 1 Drilling Confirms Broad Zones of Gold at Treasure Creek, 29 Jan 2026 2 NW Array Drilling Confirms Extension to Gold Mineralisation, 13 Feb 2026 3 Drilling Confirms Additional Near-Surface Gold Zones, 2 Apr 2026 4 Further Near-Surface High-Grade Gold Across NW Array, 22 May 2026 5 Investor Presentation, 20 Jul 2026 ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 5 1. To test for immediate extensions to the gold and antimony mineralisation defined in the 2025 program, in and around the NW Array bulk sample open cut, where bulk sample extraction of high-grade antimony began in June 20266 2. To begin wider step-out drilling along an interpreted broader north-northeast trend of gold mineralisation, indicated by sparse historic drilling and gold-in-soil geochemical anomalies (Figure 1) The 2026 RC program was designed to expand the footprint of shallow (<100m depth) gold mineralisation in Treasure Creek and to infill key parts of the NW Array prospect. Targets to the north of NW Array included follow- up of historic drill results in porphyry and testing of soil anomalies. Drilling south and west of NW Array was targeted at interpreted structures in schist. Drilling for the season is complete: 80 holes, comprising 45 RC holes and 35 diamond holes. This announcement reports the first seven holes, which address both objectives: 26TCRC019, 26TCRC023 and 26TCRC024 on the northern step-out line along the interpreted trend (Figure 3), and 26TCRC026, 26TCRC028, 26TCRC030 and 26TCRC031 testing extensions in the southwest of the NW Array prospect (Figure 4). Results for the remaining 38 RC holes and the 35 diamond holes are pending. Figure 1 places these holes among the gold results the Company has reported at NW Array and its surrounds since its January 2022 Prospectus, each previously reported gold interval drawn along its hole (see Previous disclosure, 2012 JORC Code). Hole 26TCRC023 lies about 1.2km north-northeast of hole 25TCDC023 at NW Array, measured in a straight line; continuity of mineralisation between them has not been established. Gold results North of NW Array Holes 26TCRC023 and 26TCRC024 were collared in felsic porphyry and passed into schist at 30.48m and 32.05m respectively. Hole 26TCRC024 was terminated early at 65.53m due to caving, with 26TCRC023 continuing to 92.96m. Low-grade gold mineralisation was intersected in porphyry in both holes, averaging 0.6g/t to 0.7g/t. Schist beneath the porphyry contact in hole 26TCRC023 hosts a zone 12.19m wide downhole averaging 2.84g/t Au, which is likely a mineralised fault structure, although its orientation is unknown. The average grade is highly influenced by a single 1.52m sample assaying 17.31 g/t Au at the top of the intersection. The sample was analysed by PhotonAssay on a 500g sub-sample, and the presence of coarse gold was indicated by an HET (heterogeneous) flag (see JORC Table 1, Quality of assay data and laboratory tests). Possible down- hole contamination from this sample has been assessed and there is no clear pattern to results from lower down the hole to suggest this has occurred. Hole 26TCRC019 intersected schist with a short interval of gold plus antimony mineralisation near the top of the hole. As with hole 26TCRC023 this is most likely a discrete fault structure and demonstrates the potential for schist to host more significant mineralisation in the NW Array prospect area. Southwest NW Array Holes 26TCRC026, 26TCRC028, 26TCRC030 and 26TCRC031 were planned to better define the extent of porphyry and gold mineralisation in a complex zone within the southwest of the NW Array prospect. Gold mineralisation was intersected within and just below the porphyry-schist contact in holes 26TCRC028 and 26TCRC031, confirming that the contact here is more gently dipping than to the north. Holes 26TCRC026 and 26TCRC030 drilled through schist with no reportable gold or antimony mineralisation. However hole 26TCRC030 Refer to ASX announcement: 6 Extraction Commences at High-Grade US Antimony Project, 4 Jun 2026 ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 6 did encounter a single sample interval of 1.52m at 0.96 g/t Au from 56.39m that did not meet the cutoff criteria for reporting. Geological context Mapping of areas exposed during the 2026 bulk sampling program, plus information from trenches and drill core has contributed to a better understanding of gold distribution at NW Array. A broad NE to NNE trend follows the western margin of a gently east-dipping felsic sill, which is typically marked by fault breccia that in places extends into the surrounding schist. Secondary trends include east-west striking faults and fracture zones and some NW striking faults. Higher gold grades >1-2g/t are related to fault zones in felsic or schist whereas lower grades <1g/t are more likely to occur in broader zones of silica-sericite alteration within felsic. The results from hole 26TCRC023 are considered significant because both fault-controlled higher grades and felsic hosted lower grades are present and indicate the potential for repetitions of the gold mineralisation seen at the main NW Array prospect. Table 1: Significant gold intersections Hole ID From (m) To (m) Interval (m) Au (g/t) Sb (%) 26TCRC019 6.10 12.19 6.10 1.16 0.546 26TCRC023 4.57 27.43 22.86 0.68 0.009 26TCRC023 36.58 48.77 12.19 2.84 0.006 incl. 36.58 38.10 1.52 17.31 0.009 26TCRC023 64.01 68.58 4.57 0.34 0.006 26TCRC023 76.20 80.77 4.57 0.77 0.002 26TCRC024 19.81 30.48 10.67 0.61 0.019 26TCRC026 NSI 26TCRC028 12.19 16.76 4.57 1.21 0.013 26TCRC028 19.81 25.91 6.10 0.97 0.008 26TCRC028 38.10 39.62 1.52 2.65 0.010 26TCRC028 60.96 64.01 3.05 0.52 0.005 26TCRC030 NSI 26TCRC031 32.00 47.24 15.24 0.59 0.006 26TCRC031 50.29 59.44 9.14 0.69 0.003 Reported intervals are downhole lengths; true widths are not known. Gold assays by PhotonAssay (ALS Au-PA01, about 500g) at ALS Global laboratories; antimony by four-acid ICP-MS, with samples over 2,000 ppm Sb re- analysed by lithium borate fusion and XRF. Significant gold intersections are at least 3.0m of continuous mineralisation above 0.3 g/t Au, with a maximum of two RC sample intervals (3.05m) of total internal waste; a ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 7 single higher-grade sample is reported where it exceeds 2 g/t x m. Higher-grade inclusions use a 1 g/t Au cut-off, except in 26TCRC023, where the inclusion is limited to the single 17.31 g/t Au sample that carries most of the grade. Grades are length-weighted averages with no top-cut applied. NSI: no significant intersections meeting the reporting criteria. Table 1b: Significant antimony intersection Hole ID From (m) To (m) Interval (m) Sb (%) 26TCRC019 6.10 9.14 3.05 1.04 incl. 6.10 7.62 1.52 1.83 Significant antimony intersections are above a 0.2% Sb cut-off, with a maximum of 3m of total internal waste. No other hole in this release reaches 0.2% Sb. Table 2: Collar details Hole ID Easting Northing Elevation (m) Azimuth Dip Depth (m) 26TCRC019 461975.22 7209941.87 453.26 330 -60 105.16 26TCRC023 462224.03 7210049.27 436.66 330 -62 92.96 26TCRC024 462237.38 7210019.79 430.65 330 -60 65.53 26TCRC026 461521.95 7209032.38 500.75 330 -60 100.58 26TCRC028 461597.74 7208915.60 489.96 330 -55 91.44 26TCRC030 461580.42 7208998.64 493.44 360 -60 100.58 26TCRC031 461525.20 7208791.03 502.92 330 -60 100.58 Grid NAD83 UTM Zone 6N. All holes reverse circulation (RC). Elevations are the collar positions on the 2017 lidar ground surface. Depth is the end of the last sample. Azimuth and dip are planned collar orientations; downhole surveys are not yet available. ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 8 Figure 3. Treasure Creek north, plan view, with Section A to B (Figure 5); key under Figure 4 Figure 4. NW Array southwest, plan view, with Section C to D (Figure 6). Figures 3 and 4: downhole widths; true widths are not known ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 9 Figure 5. Treasure Creek north: Section A to B. Downhole widths; true widths are not known Figure 6. NW Array southwest: Section C to D. Downhole widths; true widths are not known ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 10 Antimony permitting status The Company reported in its 2026 Annual Report that it was preparing a Plan of Operations, the permitting tier above the bulk sample permit8 . A draft Plan of Operations for the proposed antimony mining operation has now been prepared for lodgement with the Alaska Department of Natural Resources. Community consultation is ongoing, including an open house held in Fairbanks in October 2026. Refer to the Cautionary Statements below. This announcement has been authorised for release by the Board of Felix Gold Limited. Enquiries Joseph Webb, Executive Director. P: +61 7 3041 1370. E: ir@felixgold.com.au. W: www.felixgold.com.au About Felix Gold Felix Gold Limited (ASX: FXG) is advancing two complementary opportunities in Alaska's Fairbanks Mining District: potential near-term antimony production and additional gold mineralisation. Antimony: Felix Gold is building America's Antimony Solution, a fully integrated domestic supply chain from U.S. ore. The Treasure Creek Antimony Project hosts one of the only sources of high-grade antimony ore in the United States. Flotation concentrate from massive stibnite samples contains approximately 95% antimony-bearing minerals, with arsenic below 0.1% and lead, copper and zinc below detection limits, and testwork returned a peak concentrate grade of 74% Sb, above the 70% Sb minimum of U.S. military specification MIL-A-22131, on grab samples from high-grade zones that do not necessarily represent average grades9 . Gold: Felix Gold is the largest landholder in the Fairbanks Mining District, located about 30km by road from Kinross's Fort Knox mill. 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. The project is on State of Alaska land with no federal land involved, which the Company expects to shorten permitting timeframes relative to U.S. critical minerals projects, and the company is participating in the State of Alaska OPMP-coordinated permitting process, a step in coordinating the State agency reviews required for the Plan of Operations. Cautionary statements The Company cautions that it is assessing the economic viability of near-term antimony production. No Mineral Resources or Ore Reserves have been declared for antimony, 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. 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. Refer to ASX announcements: 8 Annual Report to shareholders, 30 Sep 2026 9 Ultra-High Ore Purity Achieves Military-Grade Antimony, 19 Nov 2025 ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 11 Competent Person statement 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. 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:  9 Oct 2026, FXG: Investor Presentation  30 Sep 2026, FXG: Annual Report to shareholders  20 Jul 2026, FXG: Investor Presentation  4 Jun 2026, FXG: Extraction Commences at High-Grade US Antimony Project  22 May 2026, FXG: Further Near-Surface High-Grade Gold Across NW Array  2 Apr 2026, FXG: Drilling Confirms Additional Near-Surface Gold Zones  30 Mar 2026, FXG: Felix Secures 100% Ownership of Treasure Creek Claims  13 Mar 2026, FXG: NW Array Drilling Extends High-Grade Antimony System  13 Feb 2026, FXG: NW Array Drilling Confirms Extension to Gold Mineralisation  29 Jan 2026, FXG: Drilling Confirms Broad Zones of Gold at Treasure Creek  18 Dec 2025, FXG: Antimony Results and Processing Pathways Advancing  25 Nov 2025, FXG: Shallow High-Grade Gold Results and Treasure Creek  19 Nov 2025, FXG: Ultra-High Ore Purity Achieves Military-Grade Antimony  30 Oct 2025, FXG: Multiple High-Grade Antimony Discoveries and Results  16 Oct 2025, FXG: High-Grade Drilling Results at US Antimony Project  7 Oct 2025, FXG: Further High-Grade Antimony Results at NW Array  15 Sep 2025, FXG: High Grade Antimony Drill Intersections and Project Update  29 May 2025, FXG: High-Grade Antimony Concentrate Results from Met Test Work  12 Feb 2025, FXG: High-Grade Antimony True Width of 3m at 50.26%  23 Jan 2025, FXG: High-grade Antimony and Gold Results from Trenching  20 Jun 2024, FXG: Maiden NW Array Inferred Mineral Resource  11 Aug 2023, FXG: Substantial Gold Zones and High-Grade Antimony from Assays  24 Jul 2023, FXG: Continuation of Broad Zones of Gold and High-Grade Stibnite  17 Jul 2023, FXG: High-Grade Critical Mineral Discovery at NW Array  9 Dec 2022, FXG: Scrafford Shear Potential & High-Grade Antimony Initiatives  18 Oct 2022, FXG: Investor Presentation  28 Jan 2022, FXG: 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 and, in the case of Mineral Resources, that all ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 12 material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. 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. 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 future exploration programs and their anticipated outcomes, the reporting of pending results, the update to the NW Array Mineral Resource estimate, the planned maiden antimony Mineral Resource estimate, the Plan of Operations, potential third-party processing or toll treatment arrangements for gold and antimony, 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. JORC Code, 2012 Edition, Table 1 Section 1: Sampling techniques and data Criteria JORC Code 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. 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 – Reverse Circulation drilling was sampled on 1.52 m (5 feet) intervals from which ~2–4 kg splits were collected and dispatched for ICP multi-element analysis, and gold analysis by PhotonAssay™. – Samples were collected dry to the top of the water table, then wet from there until the end of the hole. Air pressure on the small RC rig being utilised was insufficient to keep the hole dry. ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 13 Criteria JORC Code explanation Commentary 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 fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. – Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. Drilling techniques – Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc). – Reverse Circulation (RC) holes were drilled with a 3.5 inch (89mm) face-sampling hammer and ‘slimline’ 3.5 inch rods – The 2026 RC program was undertaken by Mission Drilling utilising a modified ‘Grasshopper’ small footprint track- mounted drill rig. – Some problems with caving were encountered when drilling schists and muds were injected to improve hole stability. Drill sample recovery – Method of recording and assessing core and chip sample recoveries and results assessed. – Measures taken to maximise sample recovery and ensure representative nature of the samples. – Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. – RC samples were visually assessed for recovery and were considered representative of bedrock intersected. – For some RC holes the first (and sometimes second) samples had insufficient recoveries from the rig to provide enough material for analysis. – Visual inspection of samples estimated no significant loss of sample from each 1.52m interval. – No relationship between sample recovery and reported analyses has been established. – Some sample loss has occurred near drillhole collars. Logging – Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, – Qualitative logging of RC chips for lithology and alteration with semi-quantitative logs for oxide and sulphide mineralisation. – RC holes were logged for their entire lengths. – Logging detail is sufficient to support geological modelling ASX Announcement 29 October 2026 Felix Gold Limited (ASX:FXG) 14 Criteria JORC Code explanation Commentary mining studies and metallurgical studies. – Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. – The total length and percentage of the relevant intersections logged. and eventually mineral resource estimation if required. – Representative RC chip samples from each 1.52m interval were placed in chip trays and photographed. Sub-sampling techniques and sample preparation – If core, whether cut or sawn and whether quarter, half or all core taken. – If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. – For all sample types, the nature, quality and appropriateness of the sample preparation technique. – Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. – Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. – Whether sample sizes are appropriate to the grain size of the material being sampled. – RC intervals were sub-sampled using a 3-tier riffle splitter. Samples were dumped from the cyclone into a clean bucket, which was then passed through the splitter. Wet samples were treated in the same way with the splitter being rinsed with fresh water between samples. – The riffle splitter was set to collect a 12.5% sample, which equated to approximately 2-4kg. Wet samples were put into polyweave mesh bags and left to allow water to drain out. The weave size is fine enough to allow water to drain out without excessive loss of fines. – Sample sizes for RC samples are considered appropriate for both gold and antimony mineralisation. – Quality control pro