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Far East Gold acquires 90% interest in Reedy Creek Project

The Far East Gold Ltd (ASX:FEG) CEO Shane Menere joins Jonathan Jackson in the Proactive studio to discuss the details of the company’s recent acquisition of a 90% interest in the Reedy Creek Project, which the company has described as the ‘missing link’. Menere explains why this addition is crucial for the company and its strategic implications.

He covers the proximity of the Reedy Creek Project to Newmont’s Mount Coolon Project, highlighting the geological similarities and potential advantages this presents and discusses improvements in the commercial terms for Far East Gold’s existing Australian projects, outlining the anticipated benefits. Menere also talks about the company’s efforts to obtain exploration status from the Queensland government and the expected news flow to come rom both the company’s Indonesian and Australian assets.