Far East Gold Discovers Mineral Zones at Indonesian Project, Shares Jump 7%

MT Newswires Live
Aug 27, 2025

Far East Gold (ASX:FEG) said it discovered new gold mineralized zones at the North Bermol prospect, part of the Idenburg project in Indonesia, located around 1.5 kilometers northwest of current drilling activities, according to a Wednesday Australian bourse filing.

Geological mapping has outlined mineralized quartz veins and boudins, and assay results from grab samples returned grades of up to 25.9 grams per tonne grade of gold and 7.8 g/t grade of silver from sulfide-bearing quartz veins over a 15-meter exposed outcrop.

The Company will conduct further mapping and sampling at the Nova and Tekai target areas.

Its shares jumped 7% in recent trading on Wednesday.

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