FAR EAST GOLD RAMPS UP DRILLING AT WOYLA

Additional Drilling Seeks to Expand Gold and Silver Resource

Far East Gold Ltd (ASX:FEG) has extended its drilling program at the Woyla project following impressive assay results from recent drillholes at the Rek Rinti prospect area. With the discovery of high-grade gold and silver, including a standout assay of 0.9m at 32.65 g/t Au and 117 g/t Ag within a broader 27.8m mineralized zone, the company aims to further delineate the Pertama and Susi vein zones.

Key Drilling Program Enhancements:

  • An 8-hole, 1,500m program is set to examine the Pertama vein’s high-grade area and the neighboring Susi vein.
  • Drillholes will be spaced 50m apart along the Pertama vein’s southwest strike from RRD034 and will also investigate the vein’s depth extensions.
  • Planned drilling will additionally target lateral and depth extensions of the Susi vein.

Management Commentary:

Far East Gold’s CEO Shane Menere said, “We are so encouraged by the observations from the recent drilling at Woyla, that we have decided to add an additional circa 1500 meters to the resource delineation program. As more great results continue to emerge, we hope for the resulting drill tip hits to lead to a significant increase in potential ounces for a Maiden JORC Resource.”

Read the full announcement

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