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Far East Gold Ltd

ASX: FEG Miner

Far East Gold Ltd is a mining company ticker symbol is FEG and trades on the AX stock exchange.

Price chart (ASX:FEG)

Far East Gold Limited was established in Queensland, Australia on March 20, 2020, with the objective of seeking and pursuing resource sector opportunities that increase shareholder value by procuring, investigating, assessing, and advancing mineral resource projects in Australia and Indonesia. Since its inception, Far East Gold has successfully secured binding commercial contracts to obtain three projects in Indonesia and three in Australia. The company's mission is to generate opportunities that elevate living conditions and provide lasting advantages through responsible, secure, and efficient operations. ENVIRONMENTAL STEWARDSHIP Far East Gold's objective is to generate enduring value for all stakeholders while positively impacting the social and economic growth of the countries and communities in which we operate. We recognize that mining inherently poses environmental risks. Our company's foundational values encompass Transparency, Respect, and Sustainability. We are committed to acting with honesty and integrity, demonstrating respect for the communities and environment in which we work, and understanding that our choices today affect the world of tomorrow. We endeavor to safeguard the well-being and safety of our workforce and the communities we serve. We uphold human rights and conscientiously manage our effects on the natural environment, considering both present and future generations. DRUMMOND BASIN & CONNORS ARC FAR EAST GOLD’S PROJECTS AT HILL 212, BLUE GRASS CREEK AND MOUNT CLARK WEST ARE LOCATED IN THE HIGHLY PROSPECTIVE DRUMMOND BASIN AND CONNORS ARC. Far East Gold has secured commercial rights for the acquisition, exploration, and development of three Australian mining projects located in Central Queensland’s Drummond Basin and Connors Arc regions. The Drummond Basin and Connors Arc regions are well established locations for gold exploration and operation in Queensland. The Drummond Basin has historically produced more than 4.5 million ounces of gold and has a total known gold endowment in excess of 7.5 million ounces of gold. These established Australian gold mining regions have proven to be fertile ground for the discovery of epithermal and intrusive related gold systems. SUNDA MAGMATIC ARC THE SUNDA MAGMATIC ARC HOSTS WORLD CLASS COPPER GOLD PORPHYRIES SUCH AS BATU HIJAU AND THE TUJUH BUKIT DISCOVERY. VAST PORTIONS OF THE AREA REMAIN UNDEREXPLORED. Far East Gold has secured commercial rights for the acquisition, exploration, and development of three mining projects located on the Sunda Magmatic Arc in Indonesia. Indonesia presents an attractive opportunity for mining companies in general and Far East Gold in particular. Indonesia is a fast-growing economy with a wealth of natural and human resources. Due to its large mineral reserves and comparatively low costs of operation Indonesia is one of the world’s largest contributors to the global mining sector. Indonesia is currently the world’s 6th largest gold producer and 12th largest copper producer and our team’s extensive mining experience in Indonesia enables the Company to take advantage of this opportunity.