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Far East Gold Unveils 540,000 Oz Maiden Resource, Secures A$10M Strategic Funding
6:47pm on Sunday 1st of June, 2025 AEST
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Mining
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Far East Gold Unveils 540,000 Oz Maiden Resource, Secures A$10M Strategic Funding
6:47pm on Sunday 1st of June, 2025 AEST
Key Points
Maiden JORC inferred resource of 540,000 oz gold at Idenburg project
Conditional Share Purchase Agreement to acquire up to 100% of Idenburg CoW
Independent evaluation suggests exploration target up to 7.2 million oz gold
Received A$9.9 million from strategic investor Xingye Gold with further tranche pending
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Far East Gold (ASX:FEG)
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