Brisbane, Australia, May 15, 2026 - (ABN Newswire) - Far East Gold Limited (ASX:FEG) (OTCMKTS:FEGDF) announced that the Company's Scoping Study for its flagship high-grade Idenburg Gold Project is well advanced. The Company engaged Mining One Consultants to complete a Scoping Study for potential mine development options at the Company's Idenburg gold project, located in Papua Province, Indonesia.
The Company has recently completed an updated JORC Mineral Resource Estimate for Idenburg, delivering a 44% increase to 780,000 ounces of gold at 3.1 g/t Au following the Company's recent drilling program.
FEG is well-positioned to commence the next phase of drilling at the Sua prospect, with the program specifically designed to support the ongoing Scoping Study and the Company's ongoing evaluation of a pathway toward a potential Indonesian Feasibility Study targeted for completion late 2026.
Shane Menere, CEO, provides a video overview of FEG's latest announcement.
To view the video from FEG, please visit:
https://youtu.be/BfIJG2-X1Qk?si=Tjds8PSa_szorqYJ
About Far East Gold Ltd:
Far East Gold Ltd (ASX:FEG) (OTCMKTS:FEGDF) 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. The Company is underpinned by combined JORC resources of 1.54Moz gold and 190Mlb copper, with ongoing drill programs aiming to significantly increase these resources.
Contact:
Justin Werner
Chairman
e:justin.werner@fareast.gold
Shane Menere
Chief Executive Officer
e:shane.menere@fareast.gold
m: + 61 406 189 672
m: + 62 811 860 8378
Tim Young
Investor Relations and Capital Markets
e: tim.young@fareast.gold
m: + 61 484 247 771
Source:
Far East Gold Ltd
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