Far East Gold fields high-grade gold from Woyla Project

Proactive - Interviews for investors

Far East Gold Ltd (ASX:FEG) managing director Shane Menere sits down with Proactive’s Jonathan Jackson to discuss additional high-grade gold assay results – including 20 metres at 7.57 g/t gold from the Victory vein – in its maiden scout drilling program at the Woyla Copper Gold Project’s Aloe Rek prospect area. Key findings include a 20-metre intersection at 7.57 g/t gold from the Victory vein in hole ARD-009, which also contained 8.5 g/t silver, yielding a 7.67 g/t gold equivalent. Within this section was 11 metres at 13.45 g/t gold and 13.68 g/t silver, and 3.3 metres at 31.64 g/t gold and 26.8 g/t silver. The project, known for its prospective undrilled copper-gold play, now boasts an increased strike length of 18.5 kilometres. The mineralisation remains open at depth and along strike to the south. Menere highlighted that these results affirm the project's high potential, initially suspected by Barrick, and underscore FEG’s successful drilling and development efforts. Grab samples from veins 600 metres south showed 15.6 g/t gold and 25.8 g/t silver, suggesting more high-grade extensions. The 12-hole, 1,884-metre drilling program continues to build on these promising results, with Far East Gold holding a 51% interest in the project, increasing to 80% upon feasibility study completion and JORC resource estimate definition. #ProactiveInvestors #FarEastGold #ASX #GoldAssay #WoylaProject #CopperGold #AcehIndonesia #HighGradeGold #GoldMining #SilverMining #MineralExploration #DrillingProgram #GoldEquivalent #EpithermalDeposits #PorphyryDeposits #MiningIndustry #ResourceExpansion #ExplorationSuccess #JORCResource #FeasibilityStudy #GoldDiscoveries #MiningNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews