Far East Gold (ASX:FEG) Advances Idenburg Exploration with 14 New Targets

2 min read | September 02, 2025 11:32 AM AEST | By Sonal Goyal

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Far East Gold (ASX:FEG) Advances Idenburg Exploration with 14 New Targets — Image source: FEG Update

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Highlights

Far East Gold (ASX:FEG) has doubled exploration targets at Idenburg to 29 high-priority zones.

A structural assessment has identified 14 new exploration targets, taking the total to 29.

North Bermol confirmed as a standout Priority 1 target with high-grade gold results.

Next phase will focus on systematic follow-up and defining near-term drill targets.

Far East Gold Limited (ASX:FEG) has identified 14 additional exploration targets at its Idenburg Project in Indonesia, bringing the total number of priority targets to 29. This follows a detailed structural study that has doubled the number of prospective exploration areas under review.

The study, conducted by Murphy Geological Services, aimed to define the structural framework of the Idenburg district and identify areas with significant discovery potential. It utilised high-resolution Sentinel-2 satellite imagery at scales of 1:10,000 to 1:20,000 to identify key geological features and mineralisation indicators.

The new target areas have considerably increased FEG’s prospects for future discoveries, highlighted the company update.

New Exploration Targets Show District-Scale Potential

The Idenburg Project covers a 95,280-hectare tenement located in a region that hosts multi-million-ounce copper and gold deposits, including Grasberg (+70 Moz Au), Frieda River (20 Moz Au), Porgera (+7 Moz Au) and Ok Tedi (20 Moz Au).

The assessment has identified 11 Priority 1, 8 Priority 2, and 10 Priority 3 targets. This includes 15 historical target areas and 14 new additions. Among them, the North Bermol prospect has emerged as a standout Priority 1 target with confirmed high-grade gold results.

New targets were outlined using a combination of exploration indicators, including fault systems, structural intersections, linear trends, and geochemical signatures.

Strategic Expansion and Next Steps

The expanded target base further strengthens Idenburg’s exploration potential, with prior assessments outlining an independent exploration target with an estimated gold potential between 189,000 ounces at 1.0 g/t Au and 7.2 million ounces at 6.1 g/t Au across earlier targets. These gold exploration targets are preliminary in nature and are not reported as Mineral Resources in line with the 2012 JORC Code.

Far East Gold’s upcoming work program will include systematic ground follow-up at the highest-priority sites, with the objective of defining near-term drill targets. The company’s initial drilling plans aim to extend and infill known mineralised zones and delineate additional zones within the Idenburg COW Project area.

FEG shares traded at AUD 0.155 per share on 1 September 2025.

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