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Besra Gold Inc (ASX: $BEZ) produces first gold concentrate

Besra Gold Inc (ASX: $BEZ) Announcement


Besra Gold Inc (ASX: $BEZ) has successfully produced gold concentrate from its Bau Gold Project in accordance with the Gold Purchase Agreement (GPA) with Quantum Metal Recovery Inc. The company completed the production of gold concentrate by shipping bulk samples of mineralisation to a third-party processing facility, meeting its obligation under the GPA by the end of December 2023.

Executive Commentary


The successful production of gold concentrate from our Bau Gold Project marks a significant milestone for Besra Gold Inc. We are pleased with the pleasing levels of gold concentrate achieved during the Stage 1 bench-scale testing, which exceeded the assumed concentrate grade for export. We look forward to the continued processing during Stage 2 and anticipate further positive results. This achievement reflects our commitment to fulfilling our obligations and advancing our projects in line with our corporate strategy.

Summary of Besra Gold Inc Announcement


Besra Gold Inc (ASX: $BEZ) has successfully completed the production of gold concentrate from its Bau Gold Project, meeting its obligation under the Gold Purchase Agreement. The company achieved very pleasing levels of gold concentrate during the Stage 1 bench-scale testing, exceeding the assumed concentrate grade for export. The successful completion of Stage 1 has led to the commencement of Stage 2 processing, with further results expected to be announced. This accomplishment demonstrates Besra's dedication to fulfilling its commitments and progressing its projects in alignment with its corporate strategy. The outlook remains positive as the company continues its processing and aims to deliver on its obligations and goals.

Sourcehttps://announcements.asx.com.au/asxpdf/20231222/pdf/05yw47mdxm4jv7.pdf

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