Hi mate.
I think you got the wrong end of the stick slightly

I will be using a dedicated GPU (waiting for a GT 640) as my current one is broken.
So I'm using the onboard HDMI in the mean time.
But even when using the onboard, or the dedicated GPU I would like to use the onboard sound card.
So HTPC HDMI to AV Receiver (video & audio). But the Audio to be done via the onboard sound card.
The mobo is a Asus Maximus V GENE. The sound card on the board is a SupremeFX III.