FEG 5.71% 18.5¢ far east gold ltd

Ann: Woyla Project Update, page-6

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  1. 5,684 Posts.
    lightbulb Created with Sketch. 2911
    Just listened to the Small Caps interview again.

    @ 12.35 Kerry asks Paul Walker when drilling will start at Woyla.

    They have detailed plans for all the projects. They intend to spend half the money raised on Woyla "because it is sitting there with all the hallmarks of a monster. Woyla is the best opportunity to immediately increase the value of the company and value for shareholders."

    They can drill some permitted areas now to the north of Woyla. But it is in an area that has had the least amount of early exploration work done on it. They want to focus on some other areas that have had more early stage exploration done so 'they will be more comfortable that they will get better results from the drilling."

    They require borrow-use permits for this. The process is well-advanced. The Governor of Aceh Province already gave his endorsement 6 weeks ago saying they can advance to the next stage of the project - drilling.

    As soon as the permits are issued, drilling will commence

    https://www.bing.com/videos/search?q=Far+East+Gold+youtube&docid=607990648703047998&mid=6CC59B5FD5ADB14AC52A6CC59B5FD5ADB14AC52A&view=detail&FORM=VIRE


    Market likes it.
    Last edited by writer: 26/04/22
 
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