Besra Gold Announces: Jugan Project: Metallurgical Test Work - Incorporating New Mining Strategy
Besra Gold Inc. (ASX: BEZ) has announced plans to commence a deep diamond drilling program for metallurgical testing in early 2025. Under new Managing Director Matthew Antill, the company has revised its Jugan Project strategy to include a smaller open pit followed by potential underground development up to 400 meters deep. This new approach offers advantages over the 2013 Feasibility Study, including reduced surface disturbance, lower tailings volume, and decreased environmental impact. The project aims to utilize hydropower from the nearby Sarawak grid and expects to confirm large mineralization zones ranging from 10-80 meters wide with 200-400 meter strike lengths, suitable for low-cost bulk underground mining.
Besra Gold Inc. (ASX: BEZ) ha annunciato piani per avviare un programma di perforazione profonda con diamante per test metallurgici all'inizio del 2025. Sotto la nuova direzione del Managing Director Matthew Antill, l'azienda ha rivisto la strategia del progetto Jugan per includere una miniera a cielo aperto più piccola seguita da un potenziale sviluppo sotterraneo fino a 400 metri di profondità. Questo nuovo approccio offre vantaggi rispetto allo studio di fattibilità del 2013, inclusi minori disturbi alla superficie, un volume ridotto di tailings e un impatto ambientale ridotto. Il progetto punta a utilizzare l'energia idroelettrica dalla rete vicina di Sarawak e prevede di confermare ampie zone di mineralizzazione comprese tra i 10 e gli 80 metri di larghezza con lunghezze di strike variabili tra 200 e 400 metri, adatte per una miniera sotterranea a basso costo.
Besra Gold Inc. (ASX: BEZ) ha anunciado planes para comenzar un programa de perforación profunda con diamante para pruebas metalúrgicas a principios de 2025. Bajo la nueva dirección del Director General Matthew Antill, la empresa ha revisado su estrategia del Proyecto Jugan para incluir una mina a cielo abierto más pequeña seguida de un posible desarrollo subterráneo de hasta 400 metros de profundidad. Este nuevo enfoque ofrece ventajas sobre el Estudio de Factibilidad de 2013, incluyendo una menor perturbación de la superficie, un volumen reducido de colas y un impacto ambiental disminuido. El proyecto tiene como objetivo utilizar energía hidroeléctrica de la red cercana de Sarawak y espera confirmar grandes zonas de mineralización de entre 10 y 80 metros de ancho con longitudes de strike de 200 a 400 metros, adecuadas para la minería subterránea a bajo costo.
Besra Gold Inc. (ASX: BEZ)는 2025년 초에 금속 검사용 다이아몬드 심층 시추 프로그램을 시작할 계획을 발표했습니다. 새로운 관리 이사 매튜 안틸(Matthew Antill) 하에 이 회사는 작은 노천 광산을 포함하고 400미터 깊이까지의 잠재적 지하 개발을 위해 주간 프로젝트 전략을 수정했습니다. 이 새로운 접근 방식은 2013년 타당성 조사에 비해 표면 교란 감소, 감소된 폐기물 부피 및 환경 영향을 줄이는 등의 장점을 제공합니다. 이 프로젝트는 인근 사라왁 전력망의 수력 발전을 활용할 계획이며, 10-80미터 폭의 대규모 광물화 지대와 200-400미터의 스트라이크 길이를 확인할 것으로 기대하며, 저비용 대량 지하 채굴에 적합합니다.
Besra Gold Inc. (ASX: BEZ) a annoncé des projets pour commencer un programme de forage diamant profond pour des tests métallurgiques au début de 2025. Sous la nouvelle direction du directeur général Matthew Antill, l'entreprise a révisé sa stratégie pour le projet Jugan, incluant une plus petite exploitation à ciel ouvert suivie d'un potentiel développement souterrain jusqu'à 400 mètres de profondeur. Cette nouvelle approche présente des avantages par rapport à l'étude de faisabilité de 2013, notamment une réduction des perturbations de surface, un volume réduit de stériles et un impact environnemental diminué. Le projet vise à utiliser l'hydroélectricité du réseau proche de Sarawak et s'attend à confirmer de grandes zones de minéralisation de 10 à 80 mètres de large avec des longueurs de strike allant de 200 à 400 mètres, adaptées à l'exploitation minière souterraine à faible coût.
Besra Gold Inc. (ASX: BEZ) hat Pläne angekündigt, Anfang 2025 ein tiefen Diamantbohrprogramm für metallurgische Tests zu starten. Unter der neuen Leitung des Managing Directors Matthew Antill hat das Unternehmen seine Strategie für das Jugan-Projekt überarbeitet, um eine kleinere Tagebaugrube gefolgt von potenzieller unterirdischer Entwicklung bis in 400 Meter Tiefe einzubeziehen. Dieser neue Ansatz bietet Vorteile gegenüber der Machbarkeitsstudie von 2013, einschließlich einer reduzierten Oberflächenstörung, eines geringeren Tailingsvolumens und einer verringerten Umweltauswirkung. Das Projekt zielt darauf ab, Wasserkraft aus dem nahegelegenen Sarawak-Netz zu nutzen und erwartet, große Mineralisierungszonen mit Breiten von 10-80 Metern und einer Strike-Länge von 200-400 Metern zu bestätigen, die sich für kostengünstigen unterirdischen Abbau eignen.
- New mining strategy reduces environmental footprint and operational costs
- Project location near hydropower grid (250m) enables potential cost-effective green energy usage
- Large mineralization zones identified (10-80m wide, 200-400m strike lengths)
- Low-cost jurisdiction location advantageous for mining operations
- Mining license renewal (ML 05/2012/1D) still pending
- Pilot plant deployment delayed pending license renewal
- Project requires significant capital investment for underground development
Melbourne, Victoria, Australia--(Newsfile Corp. - November 25, 2024) - Besra Gold Inc. (ASX: BEZ) (Besra or the Company) is pleased to announce the planned commencement of a drilling programme consisting of deep diamond drillholes in readiness for metallurgical test work planned to commence in early 2025.
Under the guidance of North Borneo Gold's (NBG) newly appointed Managing Director, Mr Matthew Antill, the Company has undertaken a comprehensive review of the Jugan Project, pending the renewal of ML 05/2012/1D. The review included preliminary conceptual mine designs and internal desktop modelling which has prompted a new mining strategy that incorporates a smaller open pit at Jugan, followed by potentially up to a 400 metre deep underground development utilising modern mechanised mining methods.
The advantages of this strategy (when compared with the 2013 Feasibility Study, which included a very large open pit and required large areas for waste dumping and tailings storage), include;
- Smaller area of surface disturbance required for open pit mine area, waste dumping area and tailings storage facility area;
- Much lower volume of tailings storage required with tailings utilised in cemented stope fill underground.
- Lower impact on local community landowners.
- Reduced environmental impact; and
- Less land acquisition is required to execute the mining activities.
NBG's Managing Director, Mr Matthew Antill, said:
"It has been a pleasure joining the team on site in Sarawak, who have done an impressive job increasing the drilling density at Jugan in readiness for a resource update that is planned for early next year. The team are also eagerly awaiting the commencement of construction of the Jugan Pilot Plant, pending the anticipated renewal of ML 05/2012/1D. The plant is literally sitting in sea containers only a few kilometres from site awaiting the green light.
"The proposed development at Jugan will be a showcase for the Company by demonstrating the achievement of our gold mining ambitions while supporting the local community, creating jobs and utilizing best and sustainable mining and exploration practices in accordance with the Sarawak Government's revenue re-engineering initiatives.
"With an updated resource intended to be tailored for underground mining planned for release early next year, we expect to confirm from the 2013 Feasibility Study large zones of mineralisation modelled from 10 metres to 80 metres wide, with strike lengths ranging from 200 metres to over 400 metres in length - lending itself to a very low cost bulk underground mining method. At current gold prices, combined with Jugan being in a low mining cost jurisdiction, we expect to see a relatively low cut-off grade resulting in higher tonnage and ounce profiles.
"The Company is further investigating the possibility of utilising
20 sea containers located at Bau, storing the Jugan Pilot Plant
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This announcement was authorised for release by the board of Besra Gold Inc.
Michael Higginson
Company Secretary
N. American Contact:
James Hamilton
Investor Relations Services
M +1 416 471 4494
E jim@besra.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231273
FAQ
What is Besra Gold's new mining strategy for the Jugan Project?
When will Besra Gold (BESAF) begin its metallurgical test work program?
What are the key advantages of Besra Gold's new Jugan Project mining strategy?
Where is the Jugan Pilot Plant currently located?
