#idenburgproject

[colitco]

Far East Gold Limited (ASX: FEG): Bonanza Gold Grades Extended at Idenburg’s Sua Prospect 🔥⛏️

Far East Gold has delivered its fifth consecutive high-grade gold intercept at the Sua Prospect within the Idenburg Gold Project in Papua, Indonesia, confirming a 50m lateral extension of bonanza-grade mineralisation and reinforcing the strength of the orogenic gold system.

🔥 Drill Highlights – KSD027

49.47 g/t Au over 4.85m from 73.85m

incl. 62.12 g/t Au over 3.85m

incl. 93 g/t Au over 1.0m

incl. 175 g/t Au over 0.55m

8.55 g/t Au over 1.7m from 14.4m

Confirms continuity of high-grade veins along strike and down-dip

📈 Why It Matters

5 of 5 drillholes intersected high-grade gold

Confirms a fertile orogenic lode system

High-grade zones remain open

Supports potential resource growth and upgrade

💬 Justin Werner, Non-Executive Chairman: “The more holes we drill, the more confidence we gain that Sua is a highly fertile gold system with substantial untested potential.”

🔄 What’s Next

Assays pending from 5 additional diamond holes

Follow-up drilling planned to extend mineralisation ~150m along strike

Infill drilling to support resource upgrade

📊 Investor Outlook

Far East Gold (ASX: FEG) last traded at $0.16, giving the Company a market capitalisation of approximately $55.05M. With a JORC (2012) Inferred Resource of ~540,000oz gold, including ~296,000oz at Sua, and repeated bonanza-grade drill results, the Company is well positioned for resource growth and potential upgrades. Ongoing drilling success and pending assays provide near-term catalysts across one of Indonesia’s most prospective orogenic gold belts.

🔗 Read more: https://colitco.com/far-east-gold-sua-bonanza-hit/

⚠️ Disclaimer: This is not an investment advise, please do your own research for any investment decisions.

[colitcomediasblog]

Validation of Historical Data and Geological Confidence

One of the most significant outcomes of the latest drilling is the validation of historical drilling data. By confirming previous intersections, Far East Gold Limited (ASX: FEG) has materially reduced geological risk and strengthened confidence in the existing resource estimate.

The confirmation of mineralisation continuity across multiple veins also enhances the potential for future resource upgrades. These results demonstrate that the Company’s geological model is sound and capable of guiding further successful exploration.

As drilling progresses and additional assays are received, the Company expects to refine its understanding of vein geometry, grade distribution, and overall resource potential.

[colitcomediasblog]

Far East Gold Extends Bonanza Gold at Sua

Far East Gold reports bonanza‑grade intersections at Sua Prospect, extending Idenburg mineralisation and boosting growth potential in a stro

High-grade gold systems are particularly attractive during periods of cost inflation, as they often offer stronger margins and operational flexibility. This dynamic increases the strategic importance of projects like Idenburg.

From an Australian mining investment perspective, companies that combine strong exploration results with favourable commodity cycles are well-positioned to attract sustained interest.

Far East Gold’s continued progress at Sua underscores its ability to advance exploration during an opportune phase of the gold market cycle.

[colitcomediasblog]

Geological Insights and Structural Continuity

The geological mapping and rock sampling conducted at the Idenburg Project confirm that mineralisation is hosted within quartz–sulphide veins in low-angle shear and thrust fault structures. This structural style has been consistently observed across North Bermol, South Bermol, and Nova, reinforcing the interpretation of a district-scale corridor.

The presence of sulphide-bearing quartz veins across multiple zones indicates that mineralisation extends beyond previously known targets, opening opportunities for future drilling and expansion. Such geological continuity is a hallmark of large-scale mineral systems, making the Idenburg Project a cornerstone of Far East Gold’s exploration portfolio.

Australia’s mining sector thrives on projects that demonstrate scalability and sustainability. The confirmation that Far East Gold confirms district-scale mineralisation potential at Idenburg Project provides assurance that exploration efforts are aligned with long-term growth. By identifying structural corridors that host multiple mineralised zones, the company ensures that resource estimates can be expanded over time. This approach not only strengthens investor confidence but also contributes to Australia’s reputation as a hub for world-class mining projects.

[colitcomediasblog]

Far East Gold Confirms High-Grade Gold Zones Across Multiple Idenburg Prospects

Far East Gold Ltd (ASX: FEG) reports high-grade gold assays from the North Bermol, South Bermol, and Nova prospects at its Idenburg Project

As Far East Gold confirms district-scale mineralisation potential at Idenburg Project, the announcement carries considerable economic and strategic weight. Mining plays a central role in Australia’s economy, contributing significantly to national GDP, employment, and export revenue. Discoveries such as the one at Idenburg open doors for increased regional development, future mining operations, and business opportunities within the supply chain.

[colitco]

Far East Gold (ASX: FEG): High-Grade Gold Confirmed Across Multiple Prospects at Idenburg

Far East Gold has delivered another strong exploration update from its flagship Idenburg Gold Project, with new detailed geological mapping at North Bermol, South Bermol, and the Nova Prospect identifying multiple new zones of mineralised quartz–sulphide veins.

🔥 High-Grade Gold Samples Returned:

22.1 g/t Au (North Bermol)

7.1 g/t Au (South Bermol)

8.1 g/t Au (Nova Prospect)

These results confirm widespread mineralisation across low-angle shear and thrust fault systems — the same structures hosting recent drill success — strengthening the district-scale potential across the 95,280 ha Idenburg Project.

With two drill rigs currently turning at North Bermol and Sua, and multiple new targets emerging from mapping, Far East Gold is accelerating exploration across one of Indonesia’s most prospective gold belts.

📈 Market Snapshot Share Price: A$0.16 Market Cap: A$56.89M

Read More - https://colitco.com/far-east-gold-confirms-district-scale-mineralisation/

OR

🎥 Watch the geologist’s video update: https://fareast.gold/link/e95wDe

📢 Disclaimer: This is not investment advice. Please conduct your own research before making investment decisions.

[colitco]

Far East Gold (ASX: FEG): Bonanza-Grade Gold Discovery with Visible Gold at Idenburg’s Sua Prospect, Indonesia

Far East Gold Limited (ASX: FEG) has announced a major exploration breakthrough at its Idenburg Gold Project in Papua, Indonesia — with drilling at the Sua Prospect returning bonanza-grade intercepts up to 180 g/t gold and visible gold in near-surface quartz veins.

These results validate historical drilling and confirm the presence of a high-grade gold system, positioning Idenburg as a leading emerging gold asset in Southeast Asia.

Key Highlights

✅ Bonanza-grade gold: 180 g/t Au over 0.4m, including visible coarse gold. ✅ Multiple high-grade intercepts from hole KSD023:

131 g/t Au over 0.8m (24.5–25.3m)

180 g/t Au over 0.4m (24.9–25.3m)

24.08 g/t Au over 5.3m (20–25.3m)

13.77 g/t Au over 9.8m (18.5–28.3m) ✅ Twinned drilling confirms historical KSD002 results (11 g/t Au over 11m). ✅ Favourable recoveries — >90% via CIL and RIL; 50–60% gravity recoverable. ✅ 10-hole, 1,820m drill program underway to expand and upgrade the 296,000oz inferred resource. ✅ Mapping at nearby Kwaplu prospect identifies additional high-grade targets (>100 g/t Au in outcrop).

CEO Commentary – Shane Menere

“The confirmation of visible gold at Sua represents a major step forward in unlocking Idenburg’s potential. The occurrence of coarse gold significantly enhances resource potential, and our ongoing drill program will define the continuity of these exceptional high-grade zones.”

Investor Outlook

With gold trading above US$4,000/oz and Far East Gold (ASX: FEG) priced at A$0.170 per share with a market cap of A$56.88 million, the Sua bonanza discovery marks a pivotal milestone. The Company’s near-term focus on defining high-grade continuity and expanding into the Kwaplu corridor offers strong catalysts for continued value growth.

Read More - https://colitco.com/far-east-gold-bonanza-grade-sua-prospect/

📢 Disclaimer: This is not investment advice. Please conduct your own research before making investment decisions.

[colitco]

Far East Gold (ASX: FEG) Announces High Grade Gold Discovery at North Bermol Confirming Idenburg’s District Scale Potential

Far East Gold Limited (ASX: FEG) has announced a significant new high grade gold discovery at the North Bermol Prospect, part of its Idenburg Contract of Work in Papua Province, Indonesia. The discovery confirms strong potential for multiple mineralised systems across Idenburg, underscoring its district scale opportunity.

Key Highlights

New Discovery: High grade gold identified in a newly discovered northwest trending shear zone at North Bermol, hosting quartz veins and coarse sulphides similar to Bermol.

Strong Assay Results:

BND003 – 2.6m at 3.9 g/t Au from 11.3m, including 0.5m at 15 g/t Au

BND004 – 5m at 4.9 g/t Au from 23.5m, including 1.6m at 12.8 g/t Au

BND005 – 2.8m at 8.4 g/t Au from 32m, including 1.6m at 12.3 g/t Au

Expanding the Gold Footprint: Discovery of the North Bermol shear zone opens up a new resource area within the Idenburg COW, generating multiple new high priority drill targets.

Pending Results: Further assays from seven holes are awaited, testing for extensions of the shear zone and high grade surface samples up to 53 g/t Au.

CEO Comment

Shane Menere, CEO: “These results are extremely significant. With similar high grade intercepts and structural characteristics as Bermol, North Bermol confirms that Idenburg hosts a genuine district scale gold system with multiple open pit targets. With drilling underway at Sua and Kwaplu, and a strong balance sheet, we are well positioned to accelerate exploration and unlock further value.”

📊 Last Price: A$0.135 💰 Market Cap: A$49.54M

Read More - https://colitco.com/far-east-gold-north-bermol-high-grade-gold-discovery/

📢 Disclaimer: This is not investment advice. Please do your own research before making investment decisions.