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Far East Gold Ltd ( (AU:FEG) ) has provided an announcement.
Far East Gold Ltd has signed a land access agreement and contracted Eagle Drilling NQ Pty Ltd to commence a drilling program at its Mount Clark West Copper-Gold project in Queensland. The program aims to test three geophysical targets, potentially indicating a larger porphyry system, with drilling set to begin by early November 2025. This initiative could significantly impact the company’s operations by confirming the presence of valuable mineral resources, enhancing its industry positioning amidst other major mining companies exploring the area.
More about Far East Gold Ltd
Far East Gold Ltd operates in the mining industry, focusing on the exploration and development of copper and gold projects. The company’s primary market focus is on identifying and developing mineral resources in promising geological settings.
Average Trading Volume: 191,353
Technical Sentiment Signal: Sell
Current Market Cap: A$47.71M
For detailed information about FEG stock, go to TipRanks’ Stock Analysis page.