WHY NOVUS CAPITAL?

is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.

CONTACT INFO
  • Address: Level 24, Royal Exchange Building, 56 Pitt Street, Sydney, NSW 2000 Australia
  • Phone: +61 2 9375 0100
  • Email: Contact Us
Besra Gold

Besra Gold

Besra Gold Inc currently owns 92.01% (equity-adjusted 87.06%), and has the right to earn up to 98.5%, of the Bau Gold Field, located in eastern Malaysia.

  • Bau Gold Field constitutes a 15 km NE-SW gold mineralization trend comprising 34 known prospects covering and area of 1,340 sq km
  • The mineralisation style is likened to the Carlin Gold Trend in Nevada which has produced over 60 Mil oz Au and established Barrick as a major, global, gold producer.
  • Besra’s current Resource/Reserve Inventory is 2.6 -3.0 Mil oz Au and historical production exceeds ~3 Moz.
  • Known gold is mostly contained within the shallow oxide deposits; few drill holes >100 m.
  • Feasibility Study completed in 2013-14, however, difficulties involving Besra’s Vietnam assets at that time, forced a suspension of activities in 2014 and their subsequent divestment.
  • With 34 targets identified in the Bau Gold Field, and higher gold grades indicated by deeper drilling, this Field represents a low risk opportunity to increase resources in the medium term (5-10 Moz objective).
  • Enhanced Resource / Reserve inventories will enable optimisation of financial and development options, including potential JV involvement.

For further information, please contact Ray Shaw of Novus Capital Limited on 02 9375 0104 or via email raymond.shaw@novuscapital.com.au