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Far East Gold Ltd (ASX:FEG)

ALERT: Price-sensitive ASX Announcement for FEG
Current share price for FEG : $0.155 0.005 (3.33%)+
Announcement
Release
17 Dec 2025 8:48AM
Price at Release
$0.150
Full Release
download
Summary
Far East Gold Ltd has extended its drill program at the Idenburg Project's Sua Prospect, with five additional diamond drill holes planned to explore continuity of high-grade gold mineralization. These new holes (PKSD011-PKSD015) aim to test the continuity of mineralization, define the geometry of high-grade shoots, and provide data for potential resource classification upgrades. The Sua Prospect is part of the Idenburg Gold Project, which holds a JORC (2012) inferred mineral resource of approximately 540,000 oz Au. The project involves drilling beneath recent holes to extend the understanding of the mineralized system and supports ongoing evaluation for resource growth.
Key Points
  • Extension of Sua drill program approved with five additional diamond holes.
  • New holes PKSD011-PKSD015 target high-grade gold mineralization continuity.
  • Drilling aims to better define geometry and support resource classification upgrades.
  • The Idenburg Gold Project hosts a JORC inferred resource of 540,000 oz Au.
  • Historical drilling and ongoing results to be integrated into the geological model.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.