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Can Besra Gold Overcome Lease Hurdles to Unlock 2.28 Million Ounce Bau Resource?

9:04am on Friday 30th of January, 2026 AEDT Mining
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Can Besra Gold Overcome Lease Hurdles to Unlock 2.28 Million Ounce Bau Resource?

9:04am on Friday 30th of January, 2026 AEDT
Key Points
  • Updated JORC resource estimate, 2.28 million ounces gold with higher measured resources and grade
  • Renewal of key mining lease ML 05/2012/1D remains unresolved, posing project advancement risk
  • Corporate restructuring includes Malaysian operations rationalisation and new board appointments
  • Independent technical review highlights metallurgical complexity and tenure challenges
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