Far East Gold Ltd (FEG.AX) Half Year Report 31 December 2025

Brisbane, Mar 16, 2026 AEST (ABN Newswire) - Far East Gold Ltd (ASX:FEG) (FEGDF:OTCMKTS) was active at several areas within the Idenburg project area in Papua, Indonesia to complete detailed exploration and resource definition. This work included initial drilling at the Bermol prospect area where 10 diamond drillholes (BRD008-017) for a total of 1,169.6 meters were completed to test the main Bermol fault/shear zone over ~650 m of strike length. The results confirmed the presence of gold-mineralised shear zones and quartz veins at depth beneath previously reported zones, indicating strong potential to expand mineralised structures to the south of the current Bermol system. Significant intercepts included:

- BRD011: 4.7 m @ 2.26 g/t Au from 92.4 m, including 1.7 m @ 3.97 g/t Au; and 4.0 m @ 2.75 g/t Au from 160 m, including 1.5 m @ 6.05 g/t Au and 0.5 m @ 11.02 g/t Au.

BRD008: 5.2 m @ 1.67 g/t Au, including 0.5 m @ 8.72 g/t Au and 0.5 m @ 5.41 g/t Au.

- BRD010: 2.0 m @ 3.17 g/t Au from 46.9 m, including 0.9 m @ 6.58 g/t Au.

Detailed surface mapping program by the Company resulted in the discovery of a new zone of gold mineralisation at the North Bermol prospect about 1.5km northwest of Bermol. A total of 18 diamond drillholes for about 960m were drilled to test a low angle thrust fault/shear plane that shows intense ductile deformation with associated quartz veins and pyrite mineralisation. The thrust plane has been intersected to a depth of about 43m and has an apparent true thickness of 0.5-8 meters. Modeling of current drill results suggest that the shear plane is at least of 300m across (to NW) and has a strike length of about 350m (to NE) and remains open in both directions. Significant intercepts include:

- BND003: 2.6m at 3.9 g/t Au from 11.3m, including 0.5m at 15 g/t Au from 12.4m.

- BND004: 5m at 4.9g/t Au from 23.5m, including 1.6m at 12.8 g/t Au from 24.8m.

- BND012: 2.35 m at 2.8 g/t Au from 27.6 m, including 0.9m at 6.3 g/t Au from 28.3 m.

These results confirm the new discovery potential within the Idenburg CoW tenement, Refer to ASX announcement of October 28, 2025. The Company also completed initial drilling at the Sua prospect areas situated in the west part of the Idenburg tenement.

Gold mineralisation at Sua is hosted within a series of vertically stacked shear zones containing deformed quartz and variable abundance of pyrite showing multistage emplacement. The zones are hosted within altered and deformed diorite and amphibolite. More than 30 individual shear zones with gold-bearing quartz veins have been identified. The mineralized zones trend NE-SW and dip approximately 25deg to the Northwest with an interpreted strike length of approximately 885 m and extend up to 250 m down dip. Mineralisation remains open in both directions. The drill results confirm the high-grade potential of the shear zones and also the presence of rare coarse visible gold. Ten (10) holes for a total of 1,836m have been completed. Refer to Company ASX announcements of 24 November 2025 and 15 December 2025. Significant intercepts include:

- KSD023: 13.77 g/t Au over 9.8m (18.5m to 28,3m) including

o 24.08 g/t Au over 5.3m (20m to 25.3m) and
o 131 g/t Au over 0.8m (24.5m to 25.3m) and
o 180 g/t Au over 0.4m (24.9m to 25.3m)

- KSD024: 8.59 g/t Au over 35.5m (23.5m to 59m) including

o 252.5 g/t Au over 0.8m (24.5m to 25.3m)
o 18 g/t Au over 3m (46m to 49m)
o 10.8 g/t Au over 2m (56m to 58m)

- KSD025: 3.16 g/t Au over 2m (68m to 70m)

o 8.42 g/t Au over 7.7m (106.3m to 114m) including
o 34.65 g/t Au over 0.7m (106.3m to 107m)
o 26.43 g/t Au over 0.5m (125m to 125.5m)

- KSD026: 8.82 g/t Au over 4.5m (120m to 124,5m) including

o 7.14 g/t Au over 1m (122.m to 123m) and
o 51 g/t Au over 0.5m (122.5m to 123m)
o 2.1 g/t Au over 12.5m (132.5 to 145m) including
o 8.54 g/t Au over 2.1m (135.9 to 138m)

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About Far East Gold Ltd

Far East Gold Ltd (ASX:FEG) (OTCMKTS:FEGDF) is an Australian junior exploration company led by some of the biggest names in Australian mining. The company has secured the commercial rights for the acquisition, exploration and development of six advanced gold and copper projects in Indonesia and Australia. The Company is underpinned by combined JORC resources of 1.54Moz gold and 190Mlb copper, with ongoing drill programs aiming to significantly increase these resources.

  

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