Far East Gold Ltd (AU:FEG) has released an update.
Far East Gold Ltd has reported significant advancements in their exploration activities for the quarter ending March 31, 2024, particularly with their Woyla Copper Gold Project in Indonesia, where they drilled over 19,000 meters and extended high-grade gold and silver mineralization zones. Notably, the company intersected a high-grade zone with 32.65 g/t gold and 117 g/t silver in one of their drill holes. In Australia, they have strengthened their position by satisfying earn-in expenditure obligations and acquiring a 90% interest in the Reedy Creek project, expanding their exploration potential.
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