Far East Gold (ASX: $FEG) reports high grade gold intersections at Aloe Rek prospect

Far East Gold Limited (FEG) has released further assay results for diamond drill holes 2 to 9 from the Woyla Copper Gold Project's Aloe Rek prospect area. The highlight of the results is ARD-009, which returned one of the project's best cumulative gold metre intercepts to date, with 20m @ 7.57 g/t Au, 8.5 g/t Ag (7.67 g/t AuEq) from 67.5m to 87.5m, including 11m @ 13.45 g/t Au, 13.68 g/t Ag (13.61 g/t AuEq) from 70.5m to 79m and 3.3m @ 31.64 g/t Au, 26.8 g/t Ag (31.96 g/t AuEq) from 75.8m to 79m. The Company's CEO, Shane Menere, will be hosting an online Q&A session on Tuesday, 23rd July at 12.00pm AEST.

Executive Commentary on Aloe Rek Prospect Results

Woyla continues to reveal more of why it was historically considered one of the best undrilled prospects in SE Asia. FEG was first to drill and develop the project, and it certainly has not disappointed. These latest high-grade results combined with sizeable meterage at the drill tip, confirm what Barrick suspected when it targeted Aloe Rek as its top ranked prospect area. This is exciting times for FEG as it hits its targets and unlocks value in its portfolio of world class gold and copper assets.

Summary of Aloe Rek Prospect Results

Far East Gold's Aloe Rek prospect area has delivered high grade gold intersections, with ARD-009 returning one of the project's best cumulative gold metre intercepts to date. The company has completed its initial scout drilling program at the Aloe Rek vein systems with 12 holes completed for a total of 1,884m. The current drill program is testing the Victory vein system with 50 and 100m spaced drill holes over a strike length of 500m and to a vertical depth of approximately 250m. The high grade Au mineralisation intersected in ARD-009 is also associated with high concentrations of arsenic (As) and antimony (Sb), supporting the interpretation that the level of exposure of the Aloe Rek vein system reflects a high level of formation within Woyla's epithermal system. The potential for additional zones of high-grade mineralisation within the Victory vein zone remains open along strike to the south.