Besra kicks off landmark drilling program at 3.3Moz Bau gold project

Besra has begun a 3,000-4,000m drilling program at its Bau gold project in East Malaysia, with the focus on the Jugan Deposit and the significant nearby A12 anomaly.

That anomaly demonstrated clear potential to extend the Jugan Deposit mineralisation, which is both open and along strike at depth.

The first holes will focus on the Jugan Deposit, lying within a corridor already hosting:

A measured and indicated resource of 870,000 ounces at 1.5g/t gold;
An inferred resource of 90,000 ounces at 1.6g/t gold; and
An additional exploration target of 2.0–3.2 million ounces at 1.8-2.5g/t gold.

The program will then move on to the Pejiru and Bekajang prospect areas and an additional rig is expected to be added shortly.

Aggressively targeting resource extensions

The Bau gold project hosts a gold Resource of 73.6 million tonnes at 1.43g/t for 3.3 million ounces of gold and Besra Gold (ASX:BEZ) plans to aggressively target extensions to the existing substantial resource – which already boasts a further global exploration target of between 4.89 and 9.27 million ounces of gold at 1.7–2.5g/t.

Previous drilling in the shallow region confirmed extensive high-grade mineralisation over significant widths, the more remarkable results including

57m at 3.92g/t, including 21m at 2.02g/t and 30m at 5.89g/t (JUDDH-05);
102m at 1.93g/t, including 30.1m at 2.33g/t and 20m at 3.61g/t (DDH 1349); and
46m at 4.61g/t, including 8m at 17.14g/t and 17.85m at 3.35g/t (DDH 1131).

Drilling at Jugan comprises 14 holes to target the strike extent of this shallow crestal zone and infill drilling will provide better definition of higher-grade zones, (such as DDH1131) that may be associated with the top of the plunging northeast limb.

Besra says the drilling results will assist in both upgrading the JORC classification and increasing the overall Resource inventory to support future potential development feasibility studies.

This article was developed in collaboration with Besra Gold, 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.