Far East Gold Ltd (ASX:FEG) is an Australian junior exploration company led by some of the biggest names in Australian mining. The company has secured the commercial rights for the acquisition, exploration and development of six advanced gold and copper projects in Indonesia and Australia, including one with a JORC estimate of 996,000 ounces of gold and 190 million pounds of copper.
The Directors of Far East Gold (ASX:FEG) are pleased to announce the discovery of a new zone of quartz veins approximately 1.2km east of the Bermol prospect area at the Idenburg project, with surface grab samples returning assays of up to 53 g/t Au.
Far East Gold Ltd (ASX:FEG) will undertake an extensive drilling programme at the Idenburg gold project in Papua. A total 3,670m, 32-hole diamond drill programme is planned to build upon the reported 540,000oz @ 4.1 g/t JORC compliant inferred gold resource at the Company's Idenburg project.
