High Grade Gold Assays Continue at the SUA Prospect
Sydney, Dec 15, 2025 AEST (ABN Newswire) - Far East Gold Limited (
ASX:FEG) (FEGDF:OTCMKTS) announced assay results from drillholes KSD025 and KSD026. The holes were located to confirm and extend a high-grade gold zone intersected in historical drillhole KSD008. The assay results received have met both objectives. To date assays have been received for 4 holes of the 10 holes completed by the Company at the Sua prospect within the Idenburg CoW license area in Papua, Indonesia. All four holes have intersected high grade gold mineralisation across multiple stacked veins.
KSD025 was drilled as a twin hole of the historical hole KSD008 which reported 18.19 g/t Au over 6m from 106m including 3m at 34.95/t Au from 106m. KSD025 intersected a number of high grade zones including 3.16 g/t Au over 2m from 68m, a further 8.42g/t Au over 7.7m from 106.3m, including 0.6m at 35.29 g/t Au and a further 26.43 g/t Au over 0.5m from 125m. The results effectively confirm the high-grade mineralisation intersected in historical hole KSD008 and have intercepted an additional high grade zone at depth not captured in KSD008.
KSD026 was drilled to test the same high-grade zone approximately 50m deeper down-dip. The hole intersected a number of strongly mineralized zones of 8.82 g/t Au over 4.5m from 120m including 51 g/t Au over 0.5m, and a further 2.1 g/t Au over 12.5m from 132.5m including 8.54 g/t Au over 2.1m from 135.9m. The results confirm the down-dip extension of the high-grade zones intersected in drillholes KSD008 and KSD025.
HIGHLIGHTS FROM KSD025 and KSD026
Compiled Significant Intersections KSD025:
- 3.16 g/t Au over 2m (68m to 70m)
- 8.42 g/t Au over 7.7m (106.3m to 114m) including
o 34.65 g/t Au over 0.7m (106.3m to 107m)
o 26.43 g/t Au over 0.5m (125m to 125.5m)
Compiled Significant Intersections KSD026:
- 8.82 g/t Au over 4.5m (120m to 124,5m) including
o 7.14 g/t Au over 1m (122.m to 123m) and
o 51 g/t Au over 0.5m (122.5m to 123m)
- 2.1 g/t Au over 12.5m (132.5 to 145m) including
o 8.54 g/t Au over 2.1m (135.9 to 138m)
- The high-grade zone remains open down-dip and along strike to the northeast.
- Mineralisation at Sua is hosted within a series of stacked milky-quartz +/- sulphide veins in which more than 30 individual gold-bearing quartz veins have been identified.
- The Sua vein system occurs within the 5km long Sua-Afley shear zone and infers significant potential for additional high-grade discoveries. A review and discussion of historical exploration and assessment of resource potential can be found in the Company's ASX announcement of August 21, 2024.
FEG's Non-Executive Chairman, Mr Justin Werner stated: "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.
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."
The Company's Head of Exploration, Mr Tedy Setiabudi has released a video discussing this announcement. Watch the video on our investor hub here:
https://fareast.gold/link/epJX1P
To date 10 holes (KSD023 to 032) for 1,836m have been drilled by the Company at the Sua prospect (Table 1*). This completes the planned initial drill program at Sua. The program was designed to confirm the occurrence of high-grade gold zones intersected by historical drilling and also to confirm extension of the zone to depth and along strike. The completed drill program has exceeded these objectives. Assays are pending from the remaining 6 drillholes which were located to expand the current defined mineral resource area an additional 150m along strike to the northeast and also to extend historical mineralised zones an additional 50m down-dip over the current defined resource area (Figure 2*).
Assay results and interpretation for the first 2 holes KSD023 and KSD024 are provided in the Company's ASX announcements of November 10, and November 24, 2025. KSD024 was located 25m to the west of hole KSD023 which was the first hole of the drill program which was a twin of the historical hole KSD002 (Figure 2*).
Both holes intersected a zone of high-grade gold associated with coarse visible gold indicating the potential to both upgrade and increase the current mineral resource estimate at Sua through a broader infill drill program, Refer to Table 2*. The high-grade zone intersected in KSD024 remains open for a further 75m along strike until historical hole KSD001 which intersected 1.75 g/t Au over 25m (20m45m), including 18 g/t over 1m (44m-45m).
Refer to Table 3* for a comparison of individual assays for the high-grade zone intersected in historical hole KSD008 and the twinned hole KSD025. The results are closely comparable with both holes intersecting multiple zones of high grade gold mineralisation.
Hole KSD025 also intersected a deeper high-grade zone of 26.43 g/t Au over 0.5m from 125m which was not reported in hole KSD008. Significantly, the same deep high-grade zone appears to have been intersected in KSD026, with 8.54 g/t Au intersected over 2.1m from 135.9m downhole. The zone remains open to depth and laterally. Note that the historical hole KSD011 did not intersect the high grade mineralisation intersected down-dip (Table 2*). This demonstrates the need to drill at closespacing to reliably assess the grade distribution within defined mineralized zones. Such grade variability is an inherent trait of orogenic gold systems.
Based on their assessment of the historical data SMGC estimated an inferred mineral resource of 2.5 million tonnes at an average grade of 3.7 g/t gold (Au) for a total of 296,000 ounces of gold within the Sua prospect. Refer to the SMGC report titled 'JORC Resource Report, PT Iriana Mutiara Idenburg, November 2024' released by the Company in ASX announcement of November 14, 2024.
Refer to resource compliance statement in Appendix 1*.
Based on the results of the completed drilling at Sua, future drilling will continue to extend mineralized zones down-dip and along strike to significantly increase the current Sua resource estimate. The ongoing surface mapping program over the Kwaplu prospect along strike to the southwest of Sua will define targets for an initial scout drill program.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/3RH99760
About Far East Gold Ltd
Far East Gold Ltd (ASX:FEG) is an Australian junior exploration company led by some of the biggest names in Australian mining. The company has secured the commercial rights for the acquisition, exploration and development of six advanced gold and copper projects in Indonesia and Australia, including one with a JORC estimate of 996,000 ounces of gold and 190 million pounds of copper.
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