Idenburg Prospects Yield Gold Assays up to 22.1 g/t in New Mapping Program

Exploration Breakthrough at Idenburg

Far East Gold Limited (ASX – FEG) has announced a significant advance in its exploration campaign at the Idenburg Project in Indonesia, revealing multiple new zones of high-grade gold mineralisation. Recent detailed geological mapping and surface sampling across the North Bermol, South Bermol, and Nova prospects have returned impressive assay results, with gold grades peaking at 22.1 grams per tonne (g/t) at North Bermol.

The mineralisation is closely associated with quartz veins hosted within low-angle shear-fault systems, a structural style that has been corroborated by previous drill intercepts. This structural setting is critical as it suggests continuity of mineralised zones across a broad district-scale area, enhancing the potential for resource expansion.

District-Scale Potential Confirmed

The recent mapping program has uncovered additional sulphide-bearing quartz veins and shear zones, particularly within an approximately 4-kilometre-long structural corridor extending through the Bermol district. Notably, the discovery of northwest-trending shear zones hosting high-grade mineralisation at North Bermol has been replicated at South Bermol and the Nova prospect, where assays reached up to 8.1 g/t Au.

These findings underscore the presence of multiple shear-related gold systems within the Idenburg property, reinforcing the company’s interpretation of a complex and fertile orogenic gold environment. The Nova prospect, located about 4 kilometres north of the active Sua drilling area, has shown gold grades comparable to Bermol, further broadening the scope for new discoveries.

Ongoing Drilling and Resource Outlook

Far East Gold currently operates two drill rigs targeting North Bermol and Sua prospects, with ongoing campaigns delivering promising results that complement the surface sampling data. While the company confirms that the existing JORC-compliant mineral resource estimate remains unchanged, the new exploration data provide a strong foundation for potential resource upgrades pending further drilling.

The company’s aggressive exploration strategy includes continued detailed mapping and surface sampling to define additional drill targets. This methodical approach aims to systematically test the newly identified mineralised shear zones and expand the known resource base.

Strategic Implications and Next Steps

These exploration results not only validate Far East Gold’s geological model but also highlight the Idenburg Project’s potential as a significant gold province within Indonesia’s complex tectonic setting. The presence of multiple high-grade zones within structurally controlled shear systems suggests that the project could host economically viable deposits with further drilling and resource definition.

Investors and analysts will be watching closely as the company advances its Phase 1 scout drilling program, with upcoming results poised to shed light on the continuity and scale of these mineralised systems. The company’s transparent communication, including a video briefing by its Head Indonesian Geologist, Pak Tedy Setiabudi, further supports market confidence in the project’s prospects.