Far East Gold starts scout drilling at Victory Vein
Melbourne, Victoria
|
March 07, 2024 11:40 AM Eastern Standard Time
Far East Gold Ltd (ASX:FEG) CEO Shane Menere sits down with Proactive’s Jonathan Jackson to shed light on the start of a scout drilling program at the highly prospective Victory Vein at the Aloe Rek prospect in Indonesia, which was initially identified by Barrick in 1997 as a critical target. The decision to initiate this diamond drilling follows comprehensive soil sampling and trench assays, further bolstering the company's understanding and optimism towards the Victory Vein's prospects. Menere discusses the drilling, highlighting the vein's potential with bonanza gold grades reported up to 76 g/t and significant widths up to 70 metres, based on surface sampling, mapping and subsurface work.
Menere said: “We are extremely excited to have drills turning at Aloe Rek. This milestone serves as yet another testament to the exceptional capabilities of our team in achieving in-country objectives where others have fallen short. It underscores our unwavering commitment to surpassing challenges and delivering tangible results.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
