Besra’s frothing to chase more gold targets at Bekajang

Besra has wrapped up initial 2022 drilling at the Bekajang project within its Bau Gold Field in Sarawak, Malaysia after identifying two new deeper gold mineralised targets.

While assay results are still pending – with selected samples fast-tracked for analysis – visual inspection and logging of all cores has been encouraging.

Further drilling at Bekajang is on hold until the backlog of assay results is received and properly evaluated by Besra Gold (ASX:BEZ) to optimise planning of future drill locations.

“Should either of these two new targets involve appreciable rock volumes, then there will be a significant upward reappraisal of Bekajang’s Resource potential,”chief executive officer Dr Ray Shaw said.

“Neither of the two deeper targets have been properly tested by historical drilling and although it is still early days, based on the visual logging of core from Besra’s program, both present exciting possibilities and highlight that we still have a lot to learn about Bekajang’s true mineralisation potential.”

The results follow drilling at the Jugan project confirming the thickness and consistency of the main mineralised body geometry.

Bekajang targets

The first of the two new targets at Bekajang is a 50-100m wide by 750m long corridor with potential for multiple intervals of polymetallic mineralisation.

It underlies the traditional near-surface gold mineralisation target and is associated with mild to strong hydrothermal alteration.

Visual sulphides that are typically associated with gold, silver and base metal mineralisation along this trend at this level were also observed in all cores.

The other is an area of intersecting structural trends potentially facilitating deep weathering in a setting analogous to that of the nearby former Bukit Young and Tai Parit pits where non-refractory gold was mined down to depths of 80m.

Each of the three diamond holes in this area intersected clay dominated lithologies from the surface down to and contained within underlying, vuggy and karstic Bau Limestone units to depths of 90m.

Notably, the colouration of the clays suggests deep weathering penetration and oxidation, which indicates the presence of non-refractory gold amenable to conventional leach extraction.

Following receipt of encouraging assay results, Besra plans to carry out an additional program to provide infill control at the corridor to appraise the potential for deeper mineralisation.

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This article was developed in collaboration with Besra Gold (ASX:BEZ), 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.