Far East Gold Ltd

"BUY – Far East Gold (FEG)" "This copper and gold explorer has six advanced projects in Australia and Indonesia. FEG announced it was initially acquiring 51 per cent of the high grade Idenburg gold project in the Papua province of Indonesia, with the option of moving to 100 per cent. In June 2024, Idenburg had an independent exploration target of 7.2 million ounces at 6.1 grams a tonne of gold. Drilling is expected to resume at the Woyla gold project. Data will be reviewed on previous drilling of more than 20,000 metres. FEG has attracted a strategic investment of about $14 million from Xingye to fund an aggressive exploration program targeting high grade gold. We regard FEG as highly speculative, but it offers potential." https://lnkd.in/g-dzxNBy www.fareast.gold 📈

Far East Gold (ASX: FEG) is pleased to provide an update of exploration and work activities completed on its portfolio of Indonesian and Australian projects for the quarter ended 30 September 2024. View full announcement 👉 https://hubs.ly/Q02Wz8_X0 This quarter was pivotal for the company, marked by substantial efforts to advance our vision of becoming a globally significant copper and gold company. Highlights include: ⭐ The execution of Binding Term Sheet for the acquisition of the highly prospective Idenburg gold project, which contains an exploration target of 7.2Moz @ 6.1g/t Au. ⭐ The execution of a conditional agreement with Xingye Gold, a subsidiary of an A$4 billion Chinese mining company, for a strategic investment in Far East Gold. ⭐ Completion of the initial scout drilling program at the Aloe Rek vein systems which returned one of the project’s best cumulative gold meter intercepts to date. To stay up-to-date on company news and announcements, register your details on our investor centre: https://hubs.ly/Q02Wz9V50 #Exploration #Mining #Gold

FEG’s head geo Tedy Setiabudi showing some enthusiasm about what he’s see’s at Idenburg as “one of the biggest orogenic gold deposits in Indonesia” ASX:FEG 📈 www.fareast.gold #gold #goldmining #copper #coppermining #ipo #ASX #asxnews #miningnews #smallcaps #miningindustry #preciousmetals #minesandmoney #metals #minerals #mineralexploration #mineralogy #stockhead #mininginvestment #PGEs #nickel #copper #REE #asx #investing #stockstowatch #Australia #batterymetals #EVs #rareearths #esg #renewables #renewableenergy #barrick #Newcrest #newmont #bhp #south32 #riotinto #FQML #petrosea #freeport

#FEG #Idenburg #Woyla #Trenggalek #Wonogiri #Goldrally Gold keeps going higher and Joni Teves of UBS Investment Bank lays out the case for gold at USD3,000 per ounce by 2025, saying investors still have a lot of room to build positions in the yellow metal. Under invested. Video below https://lnkd.in/gthfyNBu

#FEG #Goldrally “We anticipate uncertainty and volatility to rise until the next US administration is settled,” UBS Group AG analysts led by Mark Haefele, the bank’s global wealth management chief investment officer, said in an emailed note. They advised that “gold and oil can be effective portfolio hedges” in a volatile trading environment. https://lnkd.in/gp9wxFDr

Managing Director Shane Menere joined Proactive's Tylah Tully to discuss the Conditional Share Purchase Agreement the company has entered with PT Iriana Mutiara Idenburg to acquire up to 100% of the high grade Idenburg Gold Project in Papua province, Indonesia. Watch now 👀 https://hubs.ly/Q02Tcm750 The Idenburg acquisition is part of FEG’s strategy to enhance its portfolio and position itself as a holder of world-class assets. #Gold #Exploration

Special Report 💥Far East Gold (ASX: FEG) signed a Conditional Share Purchase Plan to acquire the high grade Idenburg gold project, which contains a JORC exploration target of 7.2Moz @ 6.1g/t. Read now, as featured in The Australian 👉 https://hubs.ly/Q02Tcm8S0 #Mining #Gold #Idenburg #Indonesia

#FEG #CEO #ShaneMenere #Video #Idenburg #CSPA #Highgrade #Gold https://lnkd.in/g4RDpRU4