Besra Gold Inc. announced that drilling at the Jugan Project comprising 18 holes has now been completed and the rig is mobilising to the high prospective Bekajang Prospect which is located circa adjacent historic high grade open pit Tai Parit mine which produced 700,000 ounces 7.6 g/t Au. The Bau Gold Project is located 30km - 40km from Kuching, the capital city of the State of Sarawak, Malaysia, on the island of Borneo. Bau township is located approximately 6km to the SW of Jugan.

The project lies at the western end of an arcuate metalliferous belt extending through the island of Borneo. In Kalimantan, the Indonesian jurisdiction portion of Borneo Island, this belt is associated with significant gold mining areas including Kelian (7 Moz) and Mt Muro (3 Moz). The Bau Gold Project is defined by a gold mineralisation system covering approximately an 8km x 15km corridor, centred on the township of Bau.

Within this corridor the Company has identified total Resources of 72.6Mt @ 1.4 g/t for 3.3Moz of gold, involving a number of discrete deposits (Table 1) together with an Exploration Target ranging between 4.9 Moz and 9.3 Moz3 (on a 100% basis). The Bau Gold Project is well serviced by first class infrastructure including access to deep water ports, international airport, grid power, communications, and a multitude of service providers. The Bekajang Project lies in close proximity and along trend from two historical mines.

The Bukit Young Gold pit (BYG Pit) was mined until September 1992, prior to the redevelopment of the Tai Parit prospect, and according to Bukit Young mine records it had produced some 440,926 tonnes at a recovered grade of 4.51 g/t Au. The nearby Tai Parit mine has a reported production of some 700,000 oz of gold, which included approximately 213,000 oz @ 7 g/t produced by Bukit Young Gold mine Sdn Bhd (BYG) between 1991 and 1997 (Besra Gold Inc., 2013). The current program comprises 16 fully cored diamond drill holes.

Shallow drilling will target mineralisation associated with the often highly hydrothermally altered limestone-shale contact lying with approximately 50 m of the surface. Exploration holes will be drilled to investigate the source of a deep geophysical anomalies identified beneath the Bekajang Resource, similar to those recorded beneath the nearby highly productive former Tai Parit mine located approximately 1 km along trend to the west north-west. This EM coverage reveals a distinctive central conductive zone at depth to be located beneath Bekajang, offset in a right-lateral sense across a northeast trending broad lineation, which coincidently is mirrored by an offset in the overlying Resource wireframes.

This association suggests the lineation may be implicated in controlling Bekajang mineralisation. The trend may be the locus for preferential sub-vertical migration pathways, allowing metal charged hydrothermal fluids, sourced from underlying intrusives, to penetrate the overlying host rock sequences, enabling endowment along the shale and limestone contact boundaries at shallow depth. This northeast cross trend lies parallel to the Krian and Tai Parit fault trends which, to the immediate west, are locally associated with mineralisation at Tai Parit and the Bukit Young pits.

Deep exploration holes are planned in the current program with the objective of intersecting the northwest trend and the conductivity anomalies in order to establish their mineralization potentials.