Besra Gold Announces: Bau Gold Project, Malaysia, Independent Technical Review and Corporate Update

Core Viewpoint - Besra Gold Inc has conducted an independent technical review of the Bau Gold Project in Malaysia, focusing on operational clarity, governance, and the renewal of mining leases, which are critical for project advancement [1][2][4]. Group 1: Technical Review Findings - The independent review by Minescope Services highlighted the need for the renewal of expired mining leases and transparency from the Sarawak Government regarding delays [2][4]. - The October 2025 Mineral Resource Estimate indicates a reduction in total contained gold, necessitating the identification of additional ore sources for future development [4]. - The main deposits are spread over approximately 15 km, requiring community engagement for access to a central processing facility [4]. - Metallurgical complexity across deposits necessitates further testing to determine a suitable processing flowsheet [4]. - The southern portion of the Bau Project, particularly the Pejiru area, has a large Inferred Mineral Resource with less complex metallurgy, suggesting potential for streamlined permitting [4]. Group 2: Strategic Focus and Next Steps - The company is prioritizing government and stakeholder engagement to secure the renewal of the key ML 05/2012/1D Mining Lease, with all other exploration activities on hold until this is achieved [6][8]. - A structured engagement strategy with the local community and government has been approved to build trust and operational readiness [7]. - The company plans to digitize its historical exploration data to prepare for future exploration and development once the necessary tenure is secured [8]. - A disciplined exploration program is recommended to expand resources at the Pejiru and Sirenggok deposits, which face fewer tenure risks [11].