And now for more bonanza-grade assays from Far East Gold’s show stopping Indonesian projects
Link copied to
High-performing Aussie digger Far East Gold says surface samples of quartz veins at the Rek Rinti and Aloe Eumpeuk vein systems at Indo’s Woyla Project confirm bonanza-grade gold and silver.
Sampling at Aloe Eumpeuk returned 63 g/t gold, 1,179 g/t silver and 26.16 g/t gold, 597 g/t silver.
And Rek Rinti returned 38.14 g/t gold, 581 g/t silver and 46.38g/t gold, 138 g/t silver.
Plus, the company says the chip samples indicate that high-grade mineralization is more extensive than reported by historical exploration.
The samples also exhibit ginguro bands which are a key textural feature common to high- grade low sulphidation epithermal vein deposits within the Gosowong Goldfield in Indonesia (>6Moz gold at grades of 20-40 g/t) and at Hishikari in Japan (8Moz gold at grades of 30-40 g/t).
“The occurrence of similar textures in the Woyla veins and the consistent high Au-Ag grades associated with it is very significant as it will be an important contributor to any defined mineral resource,” Far East Gold (ASX:FEG) said.
The company also expects that detailed mapping will establish the continuity of the structural corridor between the two vein systems.
“Field observations suggest potential to establish structural continuity between the Rek Rinti and Aloe Eumpeuk vein systems and also possibly the Aloe Rek vein system located about 2km south of Aloe Eumpeuk,” the company says.
“If confirmed, this structural continuity would form a coherent system of veins over a length of about 4.5 kilometres.”
The Rek Rinti and Anak Perak vein systems will be the first Woyla veins drill tested as part of the company’s 2022 exploration program.
Should that continuity be confirmed, 2022 is looking like a landmark year for the Aussie-listed regional specialist.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.