Far East Gold (ASX:FEG) said that drilling at the Idenburg gold project in Indonesia confirmed an extension of high-grade gold zones that remain open, according to a Monday filing with the Australian bourse.
Drilling yielded 8.55 grams per tonne gold over 1.7 meters, including 20.28 grams per tonne gold from 0.7 meters, the filing said.
Shares of the company rose 14% at market close.
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