Far East Gold (ASX: $FEG) announces commencement of scout drilling at Victory Vein in Aloe Rek

Far East Gold Ltd (FEG) has initiated scout drilling at the Victory Vein in the Aloe Rek prospect, marking the first drilling activity in the prospect's history. The company's CEO, Mr Shane Menere, expressed excitement about the commencement of the 9-hole, 1,500m diamond drill program, which aims to test the high-grade gold and silver potential of the Victory Vein. The program will cover a strike length of 500m and reach a vertical depth of approximately 120m. The drilling follows extensive surface sampling, mapping, and subsurface work, revealing bonanza gold grades of up to 76g/t and significant vein width of up to 70 meters.

Executive Commentary on Scout Drilling Commencement

We are extremely excited to have drills turning at Aloe Rek. The Victory Vein surface sampling, mapping and subsurface work, has shown us bonanza gold grades up to 76g/t, and significant vein width up to 70 meters wide. This milestone serves as yet another testament to the exceptional capabilities of our team in achieving in-country objectives where others have fallen short. It underscores our unwavering commitment to surpassing challenges and delivering tangible results.

Summary of Scout Drilling Commencement at Victory Vein

Far East Gold (FEG) has commenced a scout drilling program at the Victory Vein in the Aloe Rek prospect, targeting the high-grade gold and silver potential indicated by extensive surface sampling and subsurface work. The 9-hole, 1,500m diamond drill program aims to test the vein zone over a strike length of 500m and to a vertical depth of approximately 120m. The company's CEO, Mr Shane Menere, highlighted the bonanza gold grades of up to 76g/t and significant vein width of up to 70 meters, emphasizing the team's exceptional capabilities and unwavering commitment to achieving tangible results. The historical interpretation and recent UAV magnetic survey data support the potential for high-grade mineralization, further underpinning the significance of the scout drilling program. Far East Gold's proactive approach to exploration and commitment to delivering results position the company for potential future success in unlocking the mineral potential of the Aloe Rek prospect.