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- Besra Gold (BEZ) ramps up drilling at its Bau gold project in Malaysia as the rig moves prospects
- The drill rig has just completed 18 holes at the Jugan prospect and is now moving to the Bekajang prospect
- The company is planning to drill 16 holes at Bekajang, targeting extensions to the exisiting mineralisation
- On the market, BEZ is up 25 per cent and last traded at five cents per share
Besra Gold (BEZ) is ramping up drilling at its Bau gold project in Malaysia as the rig moves prospects.
The drill rig has just completed 18 holes at the Jugan prospect and is now moving to the Bekajang prospect. Besra has received results from seven holes, with the remaining 11 pending release at the end of the week.
The company is planning to drill 16 holes at Bekajang, targeting extensions to the exisiting mineralisation.
Besra said the prospects have similar anomalies that are associated with the historic high-grade Tai Parit open pit mine, located one kilometre to the west.
“Expectations are running high as we await the results of the remaining four batches of
holes from our Jugan Prospect’s drilling program and begin drilling at Bekajang,” CEO Ray Shaw said.
“The deep geophysical anomalies are similar to those recorded beneath the adjacent historic high grade open pit Tai Parit mine which produced 700,000 ounces at a remarkable 7.6 g/t gold.”
Bau is located around 30 kilometres from the capital city of the State of Sarawak, on the island of Borneo.
On the market, BEZ was up 25 per cent and last traded at five cents per share at market close.
