Besra says it is very happy with assays from the Jugan prospect at its Bau project in Malaysia have returned more gold. 

Besra Gold (ASX:BEZ) says the assay results are helping to make the case that its Jugan has huge potential as a stand-alone development opportunity.

The third batch of assays intersected:

  • 64m at 1.90 g/t from 145m to 209m, and 19m at 1.50 g/t from 72 to 91m (JUDDH-89); and
  • 67m at 1.76 g/t from 64m to 131m, and 17m at 1.90 g/t from 133m to 150m (JUDDH-90).

The results establish lateral continuity of the main mineralised body in the plunge direction across the prospect – and are substantially higher than historical global grades of 1.5-1.6 g/t gold at Jugan.

Results flag resource expansion potential

The Bau project has a substantial 3.3Moz and CEO Dr Ray Shaw says these results enhance the company’s confidence for future revision of resource estimates.

With combined intercepts in each of these drill holes exceeding a significant 80m length, and grades, again like those of the first two batches of results, above the global average of the currently estimated Jugan Resource, these results are extremely exciting for the Jugan Prospect,” Dr Shaw says.

“It confirms lateral mineralisation continuity and superior grades of Jugan Prospect mineralisation which will be extremely positive for any future mining scenario.”

The remaining 10 holes from the drill program are pending, and drilling is progressing at the Bekajang prospect, with 12 holes already drilled.




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.