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Visible gold and other sulphides identified within quartz vein in drill hole AGM017 at the Rek Rinti prospect area, part of Far East Gold's Woyla Project Phase 2 resource delineation drill program.
Identification of visible gold in AGM017 confirms lateral extension of high-grade gold-silver mineralization in the Agam Zone and continuation of the interpreted east-west trending structure controlling mineralization over a 125m distance.
Company to continue testing extension of the high-grade zone, which remains open to the west, east, and depth; 6,000m of the planned 10,000m Phase 2 diamond drilling program completed so far.
Far East Gold Limited (FEG) has identified multiple occurrences of visible gold and electrum within drill core samples from the Aloe Eumpeuk prospect at its Woyla Project in Indonesia.
The Phase 2 Scout Drilling Program includes 6 planned diamond drill holes aiming to test two parallel veins and reveal areas of potential commercial grade gold and silver mineralisation.
The quartz veins in the drill core show specific textures and mineralogy consistent with high-grade gold and silver mineralization within epithermal vein systems, similar to the Gosowong gold district in North Maluku.