Far East Gold (ASX: $FEG) announces high grade gold assays at Victory vein system

Far East Gold Limited (FEG) has announced the confirmation of high-grade gold within the Victory vein system at the Aloe Rek prospect area (ARD-001) in the Woyla Copper Gold Project. The company's detailed field mapping has also revealed an increase of 5,500m in the strike length of the Woyla project's low sulphidation epithermal vein system from 13,000m to 18,500m.

Executive Commentary on High Grade Gold Assays and Project Expansion

The assays from hole ARD-001 at the Woyla project's Victory vein system have shown a strong association of high-grade gold with significant arsenic and antimony, consistent with the interpretation that the Aloe Rek vein exposures reflect a high level of formation within Woyla's epithermal system. These results substantiate assays of previous surface rock sampling and support the interpretation that the Aloe Rek vein systems reflect a higher level setting in an epithermal deposit system with enrichment in Au-As-Sb and the occurrence of bladed-quartz textures. The company expects further intersections of high-grade gold mineralization within the Aloe Rek veins, located approximately 1.5km south of the Aloe Eumpeuk prospect area where high-grade Au-Ag was intersected during an initial 30 hole scout drill program completed in August 2023.

Summary of High Grade Gold Assays and Project Expansion

Far East Gold Limited (FEG) has reported significant assays from hole ARD-001 at the Woyla project's Victory vein system, confirming high-grade gold within the Victory vein system at the Aloe Rek prospect area. The company's detailed field mapping has extended the Woyla project's low sulphidation epithermal vein system strike length by 5,500m to a total of 18,500m. The company expects further intersections of high-grade gold mineralization within the Aloe Rek veins and has identified additional veins within the Rek Rinti to Beurieung prospect structural corridor, effectively extending the total Woyla vein systems to a collective strike length of approximately 18.5 km. None of the added 5.5 km of vein extent has been drill tested or sampled in detail. The company's competent person, Michael C Corey, has approved the information related to Exploration Results and Mineral Resources. Far East Gold's Woyla Copper Gold Project in the Aceh region of North Sumatra, Indonesia, is considered one of the most highly prospective undrilled copper gold projects in South-East Asia with the potential to host high-grade epithermal and porphyry deposits.