Besra Gold Inc (ASX: $BEZ) provides update on Jugan Definitive Feasibility Study

Besra Gold Inc (ASX: $BEZ) has released an update on its drilling activities focused on Jugan, as part of the Jugan Definitive Feasibility Study. The assay results of the new infill resource drilling program continue to return higher than average global gold-grades, with significant intercepts including 6m @ 2.0 g/t Au and 13m @ 2.6 g/t Au. Additionally, a sterilisation drilling program to quantify mineralisation potential beneath the proposed Jugan Pilot Plant footprint has been completed. The company is pleased to report these positive developments as it progresses towards a decision to construct a commercial scale operation.

Executive Commentary on Jugan Definitive Feasibility Study

The occurrence of over 7m at 6.0 g/t Au within the interval 90m and 97m is quite exceptional relative to Jugan's nominal global grades. Ongoing studies are underway to understand the likely controls for this occurrence in order to predict whether there may be other portions of Jugan mineralisation sharing similar attributes. The completion of the sterilisation program has provided valuable insights into the extent of mineralisation beneath the proposed Jugan Pilot Plant footprint, with some holes encountering mineralisation below the traditionally interpreted base of Jugan mineralisation. These results are encouraging as we continue to refine estimations of Resources and progress towards the Definitive Feasibility Study.

Summary of Besra Gold Inc's Announcement

Besra Gold Inc (ASX: $BEZ) has reported positive assay results from the infill resource drilling program and sterilisation drilling program at the Jugan Project. The company is pleased with the higher than average global gold-grades, including significant intercepts such as 6m @ 2.0 g/t Au and 13m @ 2.6 g/t Au. The completion of the sterilisation program has provided valuable insights into the extent of mineralisation beneath the proposed Jugan Pilot Plant footprint, with some holes encountering mineralisation below the traditionally interpreted base of Jugan mineralisation. Besra Gold Inc continues to progress towards the Definitive Feasibility Study, which is a crucial step towards the potential construction of a commercial scale operation. The company remains optimistic about the future outlook for the Jugan Project and is focused on refining estimations of Resources and Reserve modelling estimations.