Felix Gold Ltd. · ASX:FXG
Felix Gold — Investor Presentation (August 2023)
31 slides from Felix Gold's investor presentation, Aug 17, 2023
Slide 1: ASX Announcement: Investor Presentation
Felix Gold Limited ASX Announcement 35 645 790 281 Level 1, 371 Queen St, 17 August 2023 Brisbane, Queensland 4000 ASX: FXG T +61 (0) 7 3054 7108 E contact@felixgold.com.au www.felixgold.com Investor Presentation Felix Gold Limited (ASX: FXG), premier gold explorer drilling in Alaska, will be holdin
Slide 2: Felix key projects and value proposition
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 workforce and long history of gold production. It allows us to e
Slide 3: A premium gold exploration business
INVESTOR PRESENTATAION For personal use only A premium gold exploration business Drilling for multi-million ounce deposits in the Fairbanks District, Alaska ASX: FXG August 2023 1
Slide 4: Important Notices
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 restriction
Slide 5: Felix Gold: A premier gold explorer
1 TIER-1 LOCATION Felix Gold: § Located in the prolific Tintina Gold Belt in Alaska § Home to multiple +10Moz deposits A premier gold § Operators include Barrick, Kinross, Northern Star For personal use only explorer § NW Array Prospect is just ~20km from: § Freegold Venture’s 19Moz Golden Summit Pr
Slide 6: Corporate structure
Corporate structure Solid foundation for growth 5% 7% For personal use only Capital structure 20% Shares on issue 199.8 M Share price (August 2023) A$0.10 Share register 68% Market capitalisation A$20.0 M Options/Rights 34.2 M Cash (30 June 2023) A$1.3 M Debt Zero EV A$18.7 M 4
Slide 7: The team to deliver
The team to deliver A track record of industry success For personal use only • Over 40 years’ experience in mining investment banking; previously Head of IB at Rothschild Australia over 1997 - 2002. Ronnie Beevor • Chairman or Non-Executive Director of a range of mining companies, both in Australia
Slide 8: Key landholding assembled in world-class gold province
For personal use only Key landholding assembled in world-class gold province Strong foundations laid in 2021
Slide 9: Key landholding in world-class gold province: Tintina Gold Belt
Key landholding in world-class gold province For personal use only 19.7Moz Introducing the Tintina Gold Belt The Tintina Gold Belt is largely underexplored, but still home to multiple +10 Moz gold deposits: ■ Barrick’s Donlin Creek ■ Kinross’ Fort Knox Mine ■ Northern Star’s Pogo Mine Emerging poten
Slide 10: Large-scale, near mine foothold in Fairbanks Mining District
Key landholding in world-class gold province Felix has a large-scale, near mine foothold in the prolific For personal use only Fairbanks Mining District (SX: FVL) (OTCQX:FGVOF) Golden Summit Project ■ Felix’s key tenure within the Tintina Gold Belt lies in the heart of the Fairbanks Gold Mining Dist
Slide 11: Next to major mining centre, Fairbanks City
Key landholding in world-class gold province Next to major mining centre, Fairbanks City For personal use only ■ Felix’s Fairbanks tenure is all within a 50km radius of Fairbanks City ■ Second largest city in Alaska, borough population of approx. 95,000 ■ Kalgoorlie-equivalent of Alaska; mining and
Slide 12: Surrounding emerging Tier 1 projects
Key landholding in world-class gold province Surrounding emerging Tier 1 projects For personal use only Dolphin Cleary Zone ■ Freegold Ventures (TSX:FVL) – 19.7 Moz Golden Summit Project FAIRBANKS ■ Located 18km from Felix’s NW Array Prospect (Treasure Creek Project) and neighbouring our NE Fairbank
Slide 13: Enviable strategic location
Enviable strategic location Development pathways § Tintina deposits known to be multi-million-ounce, low grade, shallow, open-pit For personal use only § Offers multiple development pathways § We focus on stand-alone, world-class development optionality Kinross’ Fort Knox Mine § 20km from NW Array §
Slide 14: Exploration Success Delivered in 2022
For personal use only Exploration Success Delivered In 2022 NW Array deposit defined + further major targets identified
Slide 15: Focus on flagship Treasure Creek Project
Exploration success delivered in 2022 Focus on flagship For personal use only Treasure Creek Project ■ Strong historical evidence of large-scale near-surface and at-depth gold systems including: - Substantial alluvial/placer production - Multiple Au-in-soil anomalies of +1 km - Fort Knox-type histor
Slide 16: NW Array drilling results
Exploration success DDOO3 48m @ 0.20 + 9.3m @ 2.32 delivered in 2022 Focus on flagship For personal use only Treasure Creek Project ■ NW Array is a 2.5 km x 2.5 km gold-in-soil anomaly, a surface footprint that is readily analogous with regional Tier 1 gold deposits ■ Shallow drilling program (55 RC
Slide 17: Initial NW Array Global Exploration Target
Exploration success delivered in 2022 Initial NW Array Global For personal use only Exploration Target ■ NW Array Global Exploration Target (2.0 x 1.6 km) conceptual extraction from NW Array Southern Zone ■ Continuous geology, structures, geophysics, and geochemistry from Southern Zone throughout NW
Slide 18: Global NW Array Exploration Target
Exploration success Global NW Array Exploration Target Extrapolated from Southern Zone calculation given no evidence in structural, delivered in 2022 geologic, or geochemical change to indicate a shift in hydrothermal footprint Initial NW Array Global NW Array Southern Zone Exploration Target For pe
Slide 19: NW Array Southern Zone Exploration Target
Exploration success delivered in 2022 600m Au in Soil Raster (ppb) Initial NW Array Southern Zone For personal use only Global Exploration Target 0 100 Drill Collar ■ Preliminary Exploration Target estimated for solely Southern Modeled Zone of NW Array across a 600m by 900m area. Mineralized Fault ■
Slide 20: Further major targets identified across Treasure Creek
Exploration success delivered in 2022 d2 Further major targets identified S cra f for For personal use only across Treasure Creek and beyond RC121 RC047 26 m @ 1.01 6.1 m @ 0.9 Scrafford Trend RC065 1.5 m @ 1.40 RC061 6.1 m @ 1.13 ■ Multiple thrust structures modelled from geophysics Scraffor d 1 ■
Slide 21: Driving Value Recognition in 2023
For personal use only Driving Value Recognition in 2023 NW Array resource drill-out and further major targets testing
Slide 22: Evaluating antimony potential
Driving Value Recognition in 2023 For personal use only Evaluating antimony potential FAIRBANKS ■ Increasing visual antimony mineralisation logged in RC chips and diamond core through 2022 drilling at Treasure Creek ■ Assays from NW Array confirm high-grade antimony ■ Scrafford Shear hosted Alaska’s
Slide 23: Exploration newsflow pipeline
Driving Value Recognition In 2023 Exploration newsflow pipeline For personal use only Key activities MAY 23 JUN 23 JUL 23 AUG 23 SEP 23 OCT 23 NOV 23 DEC 23 Resource definition drilling – Scout and ET RC drilling NW Array Southern Zone drilling NW Array Southern Zone Scout and ET Assay results drill
Slide 24: NW Array drilling: broad gold intercepts
Drilling in 2023 NW Array drilling: broad gold intercepts For personal use only ■ 45 hole RC drilling program at NW Array across 4,278m complete. ■ Assay results confirm continuity of wide intersections of near- surface commercial grade gold mineralisation. ■ Significant gold results include: ■ 70.1
Slide 25: NW Array drilling: antimony enrichment
Drilling in 2023 NW Array drilling: antimony enrichment For personal use only ■ Assay results show zones enriched with high-grade critical mineral antimony (Stibnite) ■ Higher-grade gold intersections show an association with high- grade antimony ■ Significant antimony results include: ■ 1.5m @ >5%
Slide 26: NW Array drilling: NNE orientation
Drilling in 2023 NW Array drilling: NNE orientation For personal use only ■ Geological reinterpretation has effectively outlined a NNE orientation of mineralised gold zones, encompassing zones enriched with high-grade antimony. ■ Potential for more extensive strike length of 2km+ and the prospect of
Slide 27: Felix Gold: A premium exploration business
Felix Gold: A premium exploration business 1 Enviable strategic location For personal use only § Tier-1 district with multiple +10Moz deposits § Close to Fairbanks infrastructure hub § Close to Fort Knox’ hungry processing plant 2 Exploration success § NW Array target 1.1-3.6Moz § Recent broad gold
Slide 28: Anthony Reilly, Managing Director & CEO
For personal use only Anthony Reilly Managing Director & CEO Contact Website: felixgold.investorportal.com.au/ ASX: FXG
Slide 29: Appendix: NW Array drill results
Appendix: NW Array drill results For personal use only 27
Slide 30: Appendix: NW Array drill results (cont.)
Appendix: NW Array drill results (cont.) For personal use only 28
Slide 31: Appendix: NW Array drill results (cont.)
Appendix: NW Array drill results (cont.) For personal use only 29