Perth, Western Australia - Besra Gold Inc. (ASX: BEZ) ('Besra' or 'Company') is pleased to welcome Quantum Metal Recovery Inc. ('Quantum') as a substantial shareholder of the Company following its acquisition of Besra CDIs from Pangaea Resources Limited[1].

Quantum is a US based corporation and part of a group whose principals are based in Malaysia, with strong relationships to Sarawak stakeholders including within the district of Bau.

Besra's Bau Gold Project is defined by a gold mineralisation system covering an approximately 8km x 15km corridor, centred on the township of Bau. Within this corridor Besra has identified total Resources of 72.6Mt @ 1.4 g/t for 3.3Moz[2] of gold, involving several discrete deposits together with an Exploration Target ranging between 4.9Moz and 9.32Moz[3] (on a 100% basis).

Besra's CEO Ray Shaw commented: 'Quantum's share acquisition recognises the significant gold endowment at Bau and the potential the district has to be a significant gold producer in Asia. The Company looks forward to working with Quantum to advance its exploration and project development activities at Bau'

This announcement was authorised for release by the Chairman of Besra Gold Inc.

Contact:

Ray Shaw

Chief Executive Officer

E: ray.shaw@besra.com

Australia

North America

James Hamilton

Investor Relations Services

Cell: +1 416 471 4494

Email: jim@besra.com

Competent Person's Statement

The information in this Announcement that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr. Kevin J. Wright, a Competent Person who is a Fellow of the Institute of Materials, Minerals and Mining (FIMMM), a Chartered Engineer (C.Eng), and a Chartered Environmentalist (C.Env). Mr. Wright is a consultant to Besra. Mr. Wright has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the JORC Code (2012 Edition) of the Australasian Code for Reporting of Exploration Results, and a Qualified Person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

Kevin J. Wright consents to the inclusion in this Announcement of the matters based on his information in the form and context that it appears.

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