Sua - High-Grade Gold Zones Extended & Resource Update Close

Far East Gold Limited (ASX: FEG) is pleased to announce assay results from drillholes KSD028 to KSD035 from the Sua propect at the Idenburg Gold Project. The holes were located to confirm the extension of gold-bearing shear zones intersected in historical drillholes and intersected by FEG during the current drill program. The reported assays extend the shear-zone hosted gold mineralisation an additional 100m down-dip and along strike to the northeast.  The intersected zones remain open to depth and along strike.

The Company has engaged SMG Consultants Ltd to update the current JORC 2012 inferred mineral resource estimate of 540,000oz Au @ 4.1 g/t at the Idenburg Project.

The Company is excited by this and the updated JORC 2012 MRE will include FEG drillholes KSD023 to KSD035 completed within the Sua Prospect and will be released in coming weeks. The Company is also finalizing plans for the next stage of drilling at the Sua prospect which will be focused on Resource Expansion for 2350m. In-depth details of the program will be released very soon.

Significant intersections from the current Extension Drilling Program include:

KSD033: 10.29 g/t Au over 1.65m (from 17.1m to 18.75m)

-        0.76 g/t Au over 0.5m (from 23.75m to 24.25m)

-        2.12 g/t Au over 8.60m (from 90.2m to 98.8m) including:

                         -    8.55 g/t Au over 1.0m (from 97.2m to 98.2m)

KSD034: 2.57 g/t Au over 3.90m (from 177m to 180.9m) including:

-        7.92 g/t Au over 1.0m (from 178m to 179m)

KSD035: 5.24 g/t Au over 1.45m (from 142.75m to 144.2m) including

-        7.21 g/t Au over 0.95m (from 142.75m to 143.7m) and

-        4.73 g/t Au over 0.5m (from 177m to 177.5m) and

-        1.18 g/t Au over 7.40m (from 208.5m to 215.9m) including:

-        4.97 g/t Au over 0.60m (from 212.25m to 212.85m) and

-        0.36 g/t Au over 2.60m (from 240m to 242.6m)

FEG’s Non-Executive Chairman, Mr Justin Werner stated: “The high-grade intercepts in KSD033 to 035 extend the zones of high-grade gold intersected at shallow depth in holes KSD023 to 027 to deeper levels.  Significantly, the high-grade mineralisation remains open down-dip and suggests that high-grade mineralisation within the host shear zones continues to the northeast. This will be explored by further drilling.”