Far East Gold Limited Announces Additional 7.5Km Epithermal Vein Length Identified Conduct and Compensation Agreement Finalised Crews Mobilised in Preparation for Drilling
The results of this work defined several new linear features coincident with and adjacent to known vein occurrences. The survey results also indicate the potential for depth continuity of the mapped subvertical veins along the 2.5 km strike length of the surveyed area. The company has used the results of the CSAMT survey to plan the current drill program. An interpretation of ASTER and LANDSAT satellite imagery was completed by Earthscan for FEG in 2021. Earthscan processed the images to provide lithological information and to identify alterations that are commonly associated with low sulphidation epithermal type veins systems, like Hill 212. As part of this work, Earthscan identified 11 interpreted targets which will be validated as part of the field mapping program and then prioritized for testing as part of the planned FEG drill program. The spectral anomalies also suggest that the structural corridor extends into the Company's adjoining Blue Grass Creek tenement and the potential for additional vein-type mineralization. These features represent potential drill targets which will be field checked and prioritized to be tested as part of the planned FEG drill program.