Australia's Besra Gold jumps on 'exceptional' ore discovery in Malaysia

Besra Gold

06/09/2023 04:50

** Shares of Besra Gold  BEZ.AX  rise as much as 27.3% to
A$0.210 - highest level since Aug 18
    ** Stock last up 12.1%; set for best day since Aug 30, if
gains hold
    ** Gold miner says it discovered exceptional "bonanza-grade"
gold ore at offshore Bekajang project in Malaysia
    ** 'Bonanza-grade' gold is any deposit with more than 34
grams of gold per ton - World Gold Council 
    ** More than 4.9 mln shares change hands, 2.3x the 30-day
average
    ** Stock has risen 217.3% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))