from FEG 31 DECEMBERI have outlined a few of the milestones we...

from FEG 31 DECEMBER

I have outlined a few of the milestones we have reached in 2024 and are aiming to hit in 2025 below for your reference:

Acquisition in 2024 of the Idenburg 95000-hectare Gold project in West Papua which has an exploration target with an upside of 7.6m ounces of gold @ 6.1 g/t. Only 30% of the project has had any exploration and there are 14 known prospects within the project to date.
Idenburg 2024 - initial JORC from previous data 9no drilling) of 540,000 ounces gold @ 4.1 g/t from 2 of the 14 known prospects.
Idenburg – preparation of Phase 1 drilling program – beginning early 2025- increase on initial 540,0000 ounces in a timely manner.
Strategic Investor acquired input over $17,000,000 into the company @ 0.20cents
Successful placement and SPP in August 2024 raising over $4.1m
The Company is now well-funded enabling the Company to execute strategies to firm up resources in all projects. No requirement to raised money and the Company can execute strategies. Few companies on the asx are in this position, let alone with this portfolio of 4 potential Tier 1 projects.
Trenggalek – Phase 1 Drilling of copper porphyry targets – beginning of 2025. Exploration Target release.
Woyla – preparation of Phase 4 resource targeting drilling
Woyla – JORC resource and exploration target in 2025.
Wonogiri - Scoping study – soon to be released.
Wonogiri – Extend the exploration license an additional 2 years.
With Idenburg and Wonogiri the Company is approaching the 1.7m ounces JORC Resource and looking to increase toward a 2.5m ounce Resource in 2025.
Mount Clark west - Phase 1 drill program to test high probability porphyry targets early to mid-2025


We have also recently had our first few institutional investors join our registry and are looking to increase their holdings plus a few more joining once drills are turning early in the new year at Trenggalek.

cheers
IHS