Drilling Commences at High-Grade Sua Prospect
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Drilling Commences at High-Grade Sua Prospect
Far East Gold Limited (ASX: FEG) is pleased to announce that drilling has officially commenced at the high-grade Sua prospect, a key target within the Company’s Idenburg Contract of Work in Papua Province, Indonesia.
The current program will comprise 10 diamond drill holes for approximately 1,820 metres, designed to confirm and extend zones of high-grade gold mineralisation intersected by historical drilling.
Previous drilling (2005–2006) by SMGC returned gold intercepts in 18 of 22 diamond drill holes completed, demonstrating the strong continuity of high-grade mineralisation across the target.
Results include:
- KSD001: 16m @ 2.38 g/t Au from 0m and; 4m @ 2.31 g/t Au from 22m and; 5m @ 1.69 g/t Au from 33m and;
4m @ 5.96 g/t Au from 41m; including 2m @ 11.4 g/t Au from 43m.
- KSD002: 7.5m @ 13.6 g/t Au from 21m and; 2m @ 8.78 g/t Au from 78m.
- KSD005: 9m @ 4.0 g/t Au from 80m, including 1m @ 25.8 g/t Au.
- KSD008: 5m @ 21.8 g/t Au from 107m; including 3m @ 35.0 g/t Au from 107m.
- KSD010: 18m @ 2.05 g/t Au from 0m and;
8m @ 2.58 g/t Au from 44m; including 1m @ 14.3 g/t Au from 44m and;
3m @ 17.7 g/t Au from 55m and; 3m @ 2.0 g/t Au from 64m.
- KSD013: 7m @ 3.29 g/t Au from 0m and
6m @ 8.22 g/t Au; including 2m @ 52.3 g/t Au from 13m
- KSD021: 3m @ 9.56 g/t Au from 75m; including 1m @ 23.0 g/t Au from 77m.
- KSD022: 17m @ 2.88 g/t Au from 0m and: 8m @ 1.43 g/t Au from 33m and; 1m @ 3.35 g/t Au from 70m.
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