Far East Gold clears environmental hurdle at Idenburg - ICYMI

Core Viewpoint - Far East Gold Ltd has secured PIPPIB approval for 9,000 hectares at its Idenburg project in Indonesia, which allows the company to proceed with environmental permitting, operational licensing, and mine development, effectively removing major regulatory barriers for the project [1][5][6]. Regulatory Approval - The PIPPIB approval reclassifies the area from forestry to production forestry, providing regulatory certainty and a clear development pathway for the Idenburg project [2][5][6]. - This approval transforms Idenburg from an exploration asset into a project ready for development, following a successful model used at the Woyla project [2][6]. Drilling Activities - The company is continuing drilling at both North Anak Perak and Anak Perak, with North Anak Perak already returning high-grade intercepts and more results expected soon [3][7]. - Nearly 300,000 ounces of the total 540,000-ounce resource are located in the Anak Perak area, and the company is gathering new assay data, anticipating a steady flow of positive news [3][8].