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Far East Gold logs high-grade gold, boosts strike at Woyla’s Victory Vein

Published: 10:46 08 Apr 2024 AEST

Far East Gold Ltd (ASX:FEG, OTC:FEGDF) CEO Shane Menere chats to Proactive’s Elisha Newell after the company dug into high-grade gold at the Woyla project’s Aloe Rek prospect in Indonesia. Field mapping completed across the Woyla tenure also indicates that a low-sulphidation epithermal gold vein system, known as Victory Vein, extends to 18.5 kilometres (up substantially from the previous 13-kilometre reading). Menere says that while the high grade gold encountered in Aloe Rek’s first drill hole is certainly encouraging, the newly identified 5.5-kilometre stretch at Victory Vein represents an exciting exploration opportunity that’s yet to be drill tested.

Far East Gold eyes expansion at Idenburg

Far East Gold CEO Shane Menere talked with Proactive about recent high-grade and bonanza-grade gold assay results from surface grab sampling at the Idenburg Project. Menere revealed the discovery of a new quartz vein zone east of the Burmol prospect, bringing the total number of known...

on 10/4/25
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