Exploring the Trenggalek Copper Gold Project
Far East Gold Ltd (ASX:FEG) joins Jonathan Jackson in the Proactive studio to discuss new findings from ongoing exploration activities at the Trenggalek Copper Gold Project. In conjunction with Eurasian Resources Group (ERG), the companies have identified an additional porphyry-related mineral system at the Ngerdani target area, further expanding the project’s potential.
The recent updates are supported by reinterpretations of structural and magnetic data, along with recent surface mapping and rock sampling. A key development includes 3D magnetic inversion modeling of historical ERG magnetic survey data which revealed the presence of a deep magnetic body associated with extensive advanced argillic alteration and coincides with high temperature clays, mineralized hydrothermal breccia, and elevated molybdenum levels in soil, suggesting the presence of a porphyry system.
Significance of Recent Findings
Historical exploration data from Ngerdani includes significant trench channel sample assays such as 10 meters at 26.38 g/t gold, including 2 meters at 131 g/t, among others. These findings, particularly the high-grade zones, are associated with hydrothermal breccia featuring a black silica-pyrite matrix, indicating the potential scale of the mineral system.
The identification of this new porphyry system brings the total number of porphyry-related systems within the Trenggalek IUP to six, with nine specific targets now defined for testing in the planned Phase 1 drill program.
Next Steps in Exploration
Far East Gold plans to continue its assessment of the Ngerdani prospect to define the optimal location for a scout drill hole. This drilling will aim to test the potential for significant porphyry-type mineralization, building on the promising geological indicators already identified.
Additional Insights:
The collaboration between Far East Gold Ltd and Eurasian Resources Group showcases the importance of partnerships in advancing exploration activities and unlocking the potential of mineral projects. By combining expertise and resources, companies can achieve significant breakthroughs in identifying valuable mineral systems.
The use of advanced technologies such as 3D magnetic inversion modeling highlights the role of innovation in modern exploration efforts. These tools provide valuable insights into subsurface mineralization and help guide decision-making processes for drilling programs.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
