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Roboto Condensed

Far East Gold lists on ASX following successful raise

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Far East Gold (FEG) listed on the ASX today following a near $12 million raise at 20c per share. It is an exploration company with six projects across Indonesia and Australia - the sites spanning more over 45,000 hectares. Company chairman Paul Walker joined us this afternoon to take us through the company's plans going forward. The majority of the funds raised will be going towards exploration in the three projects in Australia - with about half of the total being poured into one particular project. Paul tells us that some promising samples were produced by Barrick and Newcrest when they last held the site that Far East Gold is now exploring. So when does Paul anticipate that Far East will be pivoting from exploration to production?