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Besra Gold (ASX: $BEZ) reports preliminary results from 2023-2024 exploration program

Overview of Besra Gold's 2023-2024 Exploration Program Preliminary Results


Besra Gold (ASX: $BEZ) has released the preliminary results of its 2023-2024 Exploration Program. The program involved a seven hole exploration diamond drilling program totaling 1,820m, conducted in an area 1-2 km west of the Jugan Project to investigate mineral potential associated with soil geochemical, geophysical, and other geological anomalies. The preliminary drilling results delineate a geological setting dominated by intrusives within the Pedawan Shale Formation containing fine-grained disseminated pyrite as the dominant sulphide. Assay results of the first six holes show that this pyrite is not associated with significant gold mineralization. Only one notable gold occurrence was encountered, with a grade of 31 g/t in the interval between 168m-169m in hole JTDDH-02. The identification of these distal mineral assemblages provides important control for identifying a possible new 'gold zone' of mineralization within the area. Hole JTDDH-07, the last hole in this program, is yet to be assayed and will provide information on metal zonation trends within the deeper sections.

Executive Commentary on 2023-2024 Exploration Program Preliminary Results


The results of the 2023-2024 Exploration Program are crucial in understanding the geological setting and potential mineralization in the area. The identification of distal mineral assemblages and the notable gold occurrence in hole JTDDH-02 provide valuable insights for further exploration and potential new gold mineralized zones. The company is looking forward to the complete results of the program to guide future drilling activities and to enhance its understanding of the deeper habitat of gold endowment in the area.

Summary of Besra Gold's 2023-2024 Exploration Program Preliminary Results


Besra Gold's 2023-2024 Exploration Program has provided preliminary results indicating a geological setting dominated by intrusives and fine-grained disseminated pyrite. The assay results revealed a notable gold occurrence in hole JTDDH-02, with a grade of 31 g/t in a specific interval. The identification of distal mineral assemblages and the potential for intrusive related alteration and porphyritic mineralization signify the importance of these findings. The company aims to utilize these results to guide future drilling activities and to gain a better understanding of the deeper habitat of gold endowment in the area. The complete results of the program are expected to provide important resolution for follow-up drilling to vector the location of new gold mineralized zones in this area.

BESRA GOLD INC.
BEZ | ASX | Materials
0.0990(+0%)
At close 05/07 (AEDT)
Market cap
$-1
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.37
1YR Return
N / A

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