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Far East Gold (ASX: $FEG) extends gold bearing vein structures

Far East Gold (ASX: $FEG) Rek Rinti Drill Results Announcement


Far East Gold Ltd (FEG) has announced the results from six additional drillholes RRD035 to 040 as part of the Rek Rinti Phase 2 drill program. The program successfully extended gold-bearing vein structures along strike and down dip, confirming vein extents and the potential for high-grade mineralisation. The intersections from the drillholes confirm the potential for high-grade mineralisation as encountered in other veins within the Rek Rinti vein system.

Executive Commentary on Rek Rinti Drill Results


This six hole program has been successful in extending gold-bearing vein structures along strike and down dip. The intersections confirm vein extents and with that the potential for high-grade mineralisation as encountered in other veins within the Rek Rinti vein system. Drilling to date has intersected the Pertama vein over a strike extent of approximately 500m and further extension remains open to the southwest and to depth. The Company will now review results from the Rek Rinti drilling and update the geological models with the intention of identifying additional vein targets to be drill tested in the next drill program.

Summary of Rek Rinti Drill Results and Outlook


The Rek Rinti Phase 2 drill program by Far East Gold (FEG) has successfully extended gold-bearing vein structures, confirming vein extents and the potential for high-grade mineralisation. The intersections from the drillholes confirm the potential for high-grade mineralisation as encountered in other veins within the Rek Rinti vein system. The Company intends to review the results from the drilling and update the geological models to identify additional vein targets for the next drill program. Far East Gold (FEG) is an ASX listed copper/gold exploration company with advanced projects in Australia and Indonesia. The Company's Woyla Copper Gold Project in Indonesia is a significant focus, and FEG holds a 51% interest in the project that will increase to 80% upon the completion of a feasibility study and definition of a maiden JORC resource estimate for the project.

FAR EAST GOLD LTD
FEG | ASX | Materials
0.10.004(+4.17%)
At close 05/07 (AEDT)
Market cap
$24.7M
Volume
146,206
DY Yield
0
PE Ratio
0
52 Week Range
0.0925 - 0.325
1YR Return
N / A

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