Far East Gold Ltd (ASX:FEG) has discovered new gold mineralised zones at the North Bermol prospect, located 1.5 kilometres northwest of ongoing drilling at Bermol.
Recent geological mapping outlined quartz veins and boudins up to 1 metre thick, with assays from grab samples returning grades of up to 25.9 grams per tonne (g/t) gold and 7.8 g/t silver from sulphide-bearing quartz veins across a 15-metre outcrop. The mineralisation, dipping at about 20 degrees, is consistent with Bermol and supports the interpretation of a four-kilometre northeast-trending structural corridor.
Map showing the Bermol district prospect areas and the location of recent surface rock samples (in yellow) with gold assay results. Samples and assay in white are from reporting of mapping results in the company's ASX announcement April 9 2025. The new discovery of high-grade gold in quartz veins at North Bermol is shown.
The discovery enhances the potential for further high-grade zones across the corridor, adding to the exploration upside at Bermol and the broader Idenburg Project.
Mapping confirms new mineralised quartz veins
Detailed mapping at North Bermol revealed sulphide-bearing quartz veins and boudins within northwest-trending structures, differing from the northeast-trending shear zones seen at Bermol.
This opens new target areas for the Phase 1 drill program.
Map showing prospect and resource areas within the Idenburg COW tenement. Recent mapping was completed in the North Bermol prospect area and discovered new zones of gold mineralisation hosted within quartz-sulphide veins and boudins.
Samples returned assays including 25.9 g/t gold with 7.8 g/t silver from oxidised outcrops containing arsenopyrite, and 6.75 g/t gold with 4.9 g/t silver and 0.16% copper from shear zones with abundant sulphides. These results indicate a strong link to the mineralised corridor and highlight additional exploration targets that may be incorporated into ongoing drilling.
Advancing exploration targets Nova and Tekai
Far East Gold will continue mapping and sampling at Nova, north of the Sua prospect, and Tekai, west of Mafi.
Historical sampling from these prospects returned encouraging results, with Nova delivering outcrop assays of 3.9 g/t and 9.0 g/t gold over 1 metre, while Tekai produced chip samples of 58.2 g/t and 79.8 g/t gold from quartz veins 800 metres apart.
These high-grade indications demonstrate further scope for expanding the company’s exploration pipeline. By integrating new data with historic results, the company aims to refine drill targets and broaden the understanding of mineralisation across the Idenburg tenement.
Expanding high-grade potential across Idenburg
The North Bermol results confirm the presence of high-grade gold mineralisation within a structural corridor that extends at least four kilometres.
Photos of samples collected and assayed from the Bermol prospect areas. A) Sample BI001071 – from North Bermol, outcrop, intensely oxidised with remnant clot of arsenopyrite that returned an assay of 25.9 g/t Au, 7.8 g/t Ag, B) Sample BI001075 from North Bermol, outcrop, shear zone contains abundant sulphides. Assayed 6.75 g/t Au, 4.9 g/t Ag and 0.16% Cu, C) Sample BI001076 from North Bermol – outcrop, intensely sheared contains sulphides and fuchsite mica. Assayed 5.26 g/t Au, 3.2 g/t Ag and 446 ppm Cu, D) Sample BF001085 – from North Bermol, outcrop, crack-seal textured quartz. Assayed 3.1% As.
Recognition of additional fault and shear zones is considered significant, as their orientation and timing are closely tied to gold deposition.
These findings build confidence in the scale of the Idenburg Project, which has already been supported by historical exploration and the Independent Exploration Target Report released in August 2024. Together, these results suggest the potential for a large mineralised system hosting multiple prospects, positioning Far East Gold for further resource growth as exploration advances.