Australia's Far East hits 3-month high after confirming drill targets at Indonesian project

Far East Gold

08/08/2022 06:53

** Shares of Far East Gold Ltd  FEG.AX  gain as much as
11.5% to A$0.435, their highest since May 5
    ** Co says it confirmed viable drill targets at both the
Anak Perak North and Anak Perak Main zones of the Woyla copper
gold project in Indonesia  urn:newsml:reuters.com:*:nASXbbVRbs
    ** Stock to mark best session since June 23, if gains hold
    ** More than 418,000 shares change hands, compared with the
30-day average volume of about 115,000 shares
    ** FEG on track for a third straight session of gain
    ** Stock up 56% since its March debut, as of last close 

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))