Far East Gold Limited announced that the company has received preliminary metallurgical test results from 3 samples of Woyla drill core which have returned excellent recoveries of 91% for gold and 86% for silver. The Company's Woyla Copper Gold Project is located in the Aceh Province, Indonesia. The project has four main epithermal vein systems; Anak Perak, Rek Rinti, Aloe Eumpeuk and Aloe Rek which have a combined strike length of 13,000m.

The Company's Phase 1 drill program completed 4,640.9m of diamond drilling at the Anak Perak and Rek Rinti prospect areas. The Company has commenced its Phase 2 diamond drill program at Woyla. The Phase 2 program comprises a resource delineation drilling program of approximately 5,000m at Rek Rinti and a scout drilling program of approximately 5,000m at Anak Perak, Rek Rinti and Aloe Eumpeuk.

The average cyanide soluble gold recovery (gravity and free gold) was 91%, and for silver 86%. The non-cyanide leachable gold was evenly distributed amongst carbonate, arsenopyrite, other sulphides, and silicate encapsulated minerals. The diagnostic leach tests indicate that gold and silver can be recovered using conventional cyanide leaching.

A significant part of the gold and silver is associated with course gravity gold. Characterization tests were performed on 3 mineralized samples of Woyla drill core - Woyla 1 (YD04295-4301), Woyla 2 (YD04255- 4259) and Woyla 3 (YD04209-4213). These tests involved: Full assays on each composite.

Diagnostic leach testing to determine the deportment of gold in each sample - cyanide leachable, carbonate hosted, arsenopyrite hosted, other sulphide hosted, and silicate encapsulated. The cyanide leachable includes cyanide leachable gravity gold and free gold. Agitated leach test on each sample to determine gold and silver recoveries and cyanide usage.

There was insufficient sample to remove gravity gold before the agitated leach tests. The main points were the high silver/gold ratio (40- 80:1), relatively low sulphide, sulphur and organic carbon levels and elevated lead and zinc content. The average cyanide soluble gold recovery (gravity and free gold) was 91%, and for silver 86%.

The non-cyanide leachable gold was fairly evenly distributed amongst carbonate, arsenopyrite, other sulphides, and silicate encapsulated minerals. These diagnostic leach tests indicate that gold and silver can be recovered using conventional cyanide leaching. The gold and silver recoveries (81% gold and 64% silver on average) were lower than diagnostic cyanide soluble recoveries.

This is most likely due to some coarse gravity gold not being leached. Further leach tests will include gravity gold separation before agitated leaching. The first preliminary metallurgical characterization test work on Woyla samples are positive and indicate that cyanide soluble gold recoveries of over 90% and silver recoveries of over 85% were obtained in characterization tests.

The data suggests that a significant part of the gold and silver is associated with coarse gravity gold.