Besra Gold Inc · ASX:BEZ
Besra Gold — Shareholder Meeting (December 2022)
18 slides from Besra Gold's shareholder meeting presentation, Dec 15, 2022
Slide 1: Besra Gold Inc. Annual General Meeting
For personal use only BESRA GOLD INC. Annual General Meeting 14-15 December 2022.
Slide 2: Competent Person's Statement Disclosure
Competent Person’s Statement Disclosure 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 The Pejiru Sector lies within MC/KD/01/1994 which has been pending
Slide 3: Annual Activities Summary
Listed Oct 2021 on ASX. Commenced drilling in Nov 2021 , despite covid -19. • Completed Jugan delineation drilling of 17 fully For personal use only cored holes totalling 2,022m intercepting more than 680m of mineralisation.(>.5g/t Au). • Overall results better than pre-drill expectations confirming
Slide 4: Besra - Gaining Traction
• Welcomed new and now substantial shareholder Quantum Metals Recovery Inc (Quantum) in Sept 2022. • Quantum demonstrated substantial direct support For personal use only through placement raising $1mil. • Fully underwriting $5mil Rights Entitlement Offer. • Advanced discussions to provide up to US$
Slide 5: Forward Strategic Priorities
Accelerated Resource delineation within Bau Gold Field corridor. ▪ 2023-2024 follow-up drilling pursuing bonanza grade, deeper leads at Bekajang, Pejiru, and A12. For personal use only Fund Jugan Project activities prior to commercialisation decision. ▪ On site metallurgical studies involving constr
Slide 6: Follow-up drilling of bonanza grade deeper lead intercepts at Bekajang
INITIAL PRORITY For personal use only Follow-up drilling of bonanza grade Deeper Lead intercepts at Bekajang. ▪ New drilling program to commence within ~7 days. ▪ Pursue extensions of deeper lead intercepts in BKDDH-27. ▪ Proof of concept drilling of a geophysical anomaly and likely intrusive source
Slide 7: Bekajang Project
Bekajang Project For personal use only • Current JORC (2012)/NI 43-101 • Indicated 1.9 Mt @ 2.0 g/t Au for 120.4 koz . • Inferred 10.6 Mt @ 1.5 g/t Au for 524.1 Koz. • Mineral fairway contains two historical mines. • Strong structurally controlled mineralisation trends implicate local shallow intrus
Slide 8: Bekajang drill hole intercepts table
Primary Interval Av Au Drill Hole From (m) To (m) Target (m) grade (g/t) BKDDH-12 LSC 0 2.0 2.0 1.26 BKDDH-12 LSC 4.0 7.0 3.0 3.13 BKDDH-13 LSC 0 1 1 2.08 BKDDH-13 LSC 7 10.6 3.6 14.68 For personal use only Including 12.3 13.6 1.3 37.00 Including 9.00 10.00 1.0 37.2 BKDDH-14A LSC 6.0 12.7 6.7 3.34 B
Slide 9: Resource Drilling: Bonanza Grade Intercepts BKDDH-23
RESOURCE DRILLING Unlocking higher grade gold potential. For personal use only BONANZA GRADE INTERCEPTS BKDDH-23 22m of mineralisation including : 9m @ 17.71 g/t Au from 19 to 28m, including 1.4m @71.9 g/t Au from 19.4m to 20.8m. LSC – traditional target
Slide 10: Resource Drilling: Bonanza Grade Intercepts BKDDH-27
RESOURCE DRILLING Unlocking higher grade gold potential. For personal use only BONANZA GRADE INTERCEPTS BKDDH-27 47m of mineralisation including : 2m @ 8.81 g/t Au from 40m to 42m 13m @ 22.91 g/t Au from 58m to 71m - including 0.5m @ 209 g/t Au from 60.5m to 61.0m, including 1.0m @ 64.0 g/t Au f
Slide 11: Follow-up Bekajang Drilling
Follow-up For personal use only Bekajang Drilling • Proof of concept drilling of potential intrusive source(s) of deeper lead mineralisation. • Deep EM anomaly shows fault dissection interpreted as potential conduit for hydrothermally charged fluids to migrate outwards including to the site intercep
Slide 12: Other Deeper Lead Follow-ups
For personal use only Other Deeper Lead Follow-ups Historical studies indicate potential deep, higher grade mineralisation at several key deposits including A12 and Pejiru (Kapor). Note that >80% of the +3.0 Mil oz Resource within the Bau Gold Field corridor is defined by drilling circa < 75m deep.
Slide 13: Jugan Pre-development Activities
INITIAL PRIORITY For personal use only Jugan Pre-development Activities ▪ +60,000m Jugan Resource drilling. ▪ JORC Resource 870,000koz @ 1.5 g/t (Measured & Indicated) and 90koz @ 1.6 g/t (Inferred). ▪ 2021-2022 drilling confirmed stand-alone development potential including higher grades. ▪ Minerali
Slide 14: Definitive Feasibility Studies
For personal use only Definitive Feasibility Studies ▪ Leveraging previous pre-feasibility study completed in 2013. ▪ Incorporating updated Resources estimations. ▪ Incorporating On-site Pilot Processing Plant metallurgical studies. ▪ Based on an open-pit, stand-alone project, initially delivering e
Slide 15: On-site Pilot Processing Plant at Jugan
For personal use only On-site Pilot Processing Plant at Jugan ▪ On-site pilot plant and test open-pit construction to commence in 2023, subject to approvals. ▪ EIA lodged. ▪ On site pilot scale operations to provide reliable, up-scalable, metallurgical results for process stream design and DFS input
Slide 16: Focus on In-country Consolidation
PRIORITY - CONSOLIDATION For personal use only Focus on In-country Consolidation ▪ Resolving concession status including renewal applications. ▪ Ramping up on-site technical support. Including processing engineers and metallurgists. ▪ Enhancing computer and software capabilities. ▪ Promoting communi
Slide 17: Environment, Social & Governance
ENVIRONMENT, SOCIAL & GOVERNANCE Besra’s commitment to a social licence & co-existence For personal use only ▪ Majority of professional and skilled work force sourced from Bau District. ▪ Drilling, earthworks and logistical services all sourced from Bau District suppliers. ▪ Re-establish mining acti
Slide 18: Questions?
For personal use only QUESTIONS ?