Far East Gold Ltd (ASX:FEG)
Far East Gold Ltd (ASX:FEG) is a junior exploration company that 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 996,500 ounces of gold and 190 million pounds of copper.
The Company has identified six advanced projects three in Indonesia and three in Australia spanning more than 45,000 hectares and with multiple walk-up drill targets.
The projects were identified based on sound fundamental qualities potential for high-grade mineral resources and the boards capabilities in the relevant jurisdictions and its relationships with counter-parties.
FEGs Indonesian prospects represent huge potential in its under-explored mineral resources and cost-efficient operations.
Far East Gold is led by an experienced team including Justin Werner of Nickel Mines Limited (ASX:NIC).