Besra Gold’s drilling at Jugan continues to impress
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Besra Gold says the latest assay results from its Jugan project in the Bau goldfields of Sarawak, Malaysia, show the potential for stand-alone open-pit development.
Besra Gold (ASX:BEZ) controls a 97.8% interest in the Bau Gold Project and has identified total resources of 72.6Mt at 1.4g/t gold for 3.3Moz of gold across a number of deposits – including Jugan.
The last two batches of drilling returned:
Historical drilling at Jugan previously delineated a measured and indicated resource of 870,000 Oz at 1.5g/t gold, and inferred resource of 90,000 Oz at 1.6g/t gold; and an additional exploration target of 2.0–3.2Moz at 1.8 – 2.5g/t gold.
Notably, intersections in JUDDH-93 & JUDDH-94 extend near surface mineralisation footprint at Jugan Hill, as well as intervals of significantly higher gold grades.
“Jugan mineralisation continues to impress with the latest two batches of results delivering further interval and grade consistencies,” CEO Dr Ray Shaw says.
“Significant intervals of higher gold grade, intersected in both JUDDH-91 & 94, focus on the potential for producing an average blended run-of-mine (ROM) at grades considerably higher than otherwise indicated by the historical global average grades at Jugan.”
This article was developed in collaboration with Besra Gold Inc, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.