The Bau Goldfield
The Future is Bau
The Bau Goldfield in East Malaysia is a gold project with a century long history of successful gold mining. Geologically sharing many of the attributes of the Carlin Trend in Nevada, which underpinned both Newmont and Barrick, the Bau Goldfield has multiple deposits and an established (JORC 2012) gold resource of approximately 3 million ounces.
Besra currently controls, directly and indirectly, a 98.5% interest (93.8% on an equity-adjusted basis) in the Bau Gold Project located in Sarawak, East Malaysia.
A feasibility study, released early in 2014 and subsequent further studies have provided the foundations for Besra’s next phase in progressing Bau development into the “company maker” project we believe it to be. With its existing large Resource Inventory this progression entails lower risk, “brown-field” activities concentrating on those deposits with the largest existing Resource expansion potential (Jugan, Pejiru, Sirrengok and Bekajang). Besra’s interests in Bau is via a consortium with a Malaysian company with material Bumiputra interest that owns rights to mining tenements, situated in the Malaysian Federation State of Sarawak, East Malaysia.
