Far East Gold Confirms and Extends High-Grade Gold Zones at Sua Prospect

Sun 14 Dec 2025, 07:28 AM

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Far East Gold Confirms and Extends High-Grade Gold Zones at Sua Prospect
Image Source: Doc. Far East Gold Ltd

Far East Gold Ltd (ASX:FEG) has confirmed and extended a high-grade gold zone at the Sua prospect within the Idenburg Contract of Work (CoW) in Papua, Indonesia, on the back of new assay results from drillholes KSD025 and KSD026.

The two holes were drilled to follow up high-grade gold mineralisation reported in historical hole KSD008. Assays have now been received for four of the 10 holes completed by the company at Sua, with all 4 intersecting high-grade gold across multiple stacked quartz veins.

KSD025 was drilled as a twin of historical hole KSD008, which returned 18.19 g/t gold over 6m from 106m, including 3m at 34.95 g/t gold from 106m. The new hole intersected several high-grade zones, including:

▶3.16 g/t gold over 2m from 68m

▶8.42 g/t gold over 7.7m from 106.3m, including 34.65 g/t gold over 0.7m from 106.3m

▶26.43 g/t gold over 0.5m from 125m

▶These results confirm the historical high-grade intercepts in KSD008 and identify an additional high-grade zone at depth that was not captured in the original hole.

KSD026 was drilled approximately 50 metres down-dip of the KSD008/KSD025 section to test the continuity of the high-grade structure. The hole returned:

▶8.82 g/t gold over 4.5m from 120 m, including 7.14 g/t gold over 1 m from 122 m and 51 g/t gold over 0.5m from 122.5m

▶2.1 g/t gold over 12.5m from 132.5m, including 8.54 g/t gold over 2.1m from 135.9m

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Map showing prospect and resource areas within the Idenburg COW tenement. FEG drilling is currently in progress within the Sua and North Bermol prospect areas. The areas of announced PIPPIB forest reclassification are also indicated.

The results demonstrate a down-dip extension of the high-grade zone intersected in KSD008 and KSD025. The mineralised structure remains open down-dip and along strike to the northeast.

Gold mineralisation at Sua is hosted in a series of stacked milky-quartz ± sulphide veins, with more than 30 individual gold-bearing quartz veins mapped to date. The Sua vein system sits within the 5-kilometre-long Sua–Afley shear zone, highlighting substantial potential for further high-grade discoveries.

“The high-grade intercepts in KSD025 and KSD026 build on the strong results from our first two holes, KSD023 and KSD024. KSD023 intersected coarse visible gold within a near-surface interval of 13.77 g/t Au over 9.8m, including 131 g/t Au over 0.8m, and KSD024 also intersected coarse visible gold within a near-surface interval of 35.5m at 8.59 g/t Au, including 280 g/t Au over 0.4m,” said FEG’s non-executive chairman, Justin Werner.

“All four drillholes assayed to date from FEG’s current program at Sua include bonanza-grade intervals. Importantly, KSD025 intersected a deeper high-grade zone of 26.43 g/t Au over 0.5m from 125m that was not reported in historical hole KSD008. The same deeper zone appears to have been intersected in KSD026, with 8.54 g/t Au over 2.1m from 135.9m downhole. The zone remains open at depth and laterally.

“With our first four holes showing high-grade mineralisation across multiple veins, Sua is confirming the company’s interpretation that Idenburg holds significant resource potential.”


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Sua initial drilling program exceeds objectives
The company has now drilled 10 holes (KSD023–KSD032) for a total of 1,836 metres at the Sua prospect, completing the planned initial drill program. The work was designed to confirm the high-grade gold zones intersected in historical drilling and to test their continuity at depth and along strike, and the program has exceeded these objectives. Assays are pending for the remaining six holes, which were drilled to extend the currently defined mineral resource area by a further 150 metres along strike to the northeast and by an additional 50 metres down-dip over the existing resource envelope.

Hole KSD024 was collared 25 metres west of KSD023, which was the first hole of the program and a twin of historical hole KSD002. Both KSD023 and KSD024 intersected a high-grade gold zone with coarse visible gold, indicating potential to both upgrade and increase the current Sua mineral resource estimate through a broader infill drill program.

The high-grade zone intersected in KSD024 remains open for a further 75 metres along strike to historical hole KSD001, which returned 25 metres at 1.75 g/t gold from 20–45 metres, including 1 metre at 18 g/t gold from 44–45 metres.

What’s next?
On the back of the completed drilling at Sua, further drilling is planned to extend the mineralised zones down-dip and along strike with the aim of significantly increasing the current Sua resource estimate.

In parallel, ongoing surface mapping at the Kwaplu prospect, along strike to the southwest of Sua, will be used to define targets for an initial scout drilling program.

Source: https://www.proactiveinvestors.com/companies/news/1084380/far-east-gold-confirms-and-extends-high-grade-gold-zones-at-sua-prospect-1084380.html

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