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Far East Gold Ltd ( (AU:FEG) ) has provided an announcement.
Far East Gold Limited has announced successful assay results from its drilling program at the Sua prospect within the Idenburg Project, confirming and extending high-grade gold zones. The results from drillholes KSD025 and KSD026 have not only validated previous findings but also revealed additional high-grade zones, indicating significant resource potential. The mineralization remains open at depth and along strike, suggesting further opportunities for high-grade discoveries, which could enhance the company’s market position and appeal to stakeholders.
More about Far East Gold Ltd
Far East Gold Limited is a mining company focused on exploring and developing high-grade gold resources. The company operates primarily in the Idenburg CoW license area in Papua, Indonesia, where it targets gold mineralization within a series of stacked quartz veins.
Average Trading Volume: 223,115
Technical Sentiment Signal: Buy
Current Market Cap: A$56.89M
Learn more about FEG stock on TipRanks’ Stock Analysis page.