Besra reckons Jugan gold prospect could be big enough to go it alone
Link copied to
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:
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.
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.