Far East Gold (ASX:FEG) is set to conduct a 3,670-meter, 32-hole diamond drill program at the Idenburg project in Indonesia, aiming to expand on the inferred gold resource, according to a Thursday filing with the Australian bourse.
The company plans to complete a 20-hole program to infill and expand resources at the Sua, Bermol, and Mafi prospects, testing defined zones along strike and to depth, providing composite material for advanced metallurgical test work, the filing said.
Additionally, the company will conduct a 12-hole program at the Kwaplu prospect, which hosts a large gold-in-soil geochemical anomaly that has not yet been tested, per the filing.
Shares were down 3% in afternoon trade Thursday.
Price (AUD): $0.14, Change: $-0.0050, Percent Change: -3.45%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。