Far East Gold (FEG) Q3 2025 TU earnings summary

Executive summary

• Advanced exploration activities progressed at Indonesian and Australian projects, with drilling at Idenburg and Trenggalek set for Q2 and Q3 2025.

• Strategic investment from Xingye Gold Hong Kong Mining Company completed, raising A$14.67M for a 19.99% stake.

• Community and government support secured for key projects, enabling near-term development plans.

Financial highlights

• Cash and cash equivalents at quarter end were A$12.65M, up from A$10.45M in the previous quarter.

• Net cash used in operating activities for the quarter was A$1.44M; investing activities used A$1.12M.

• Financing activities provided A$4.78M, mainly from the final tranche of the Xingye investment.

• Estimated quarters of funding available: 4.93, based on current cash burn.

Outlook and guidance

• Drilling at Idenburg and Trenggalek to commence in Q2 and Q3 2025, targeting resource expansion.

• Continued focus on advancing feasibility studies and scoping studies at Wonogiri and Woyla projects.

• Strategic partnership with Xingye expected to support ongoing exploration and value creation.