Tuesday 25th October 2016

Resource Clips

Olympus Pacific reports Malaysia Gold Results as high as 3.99 g/t over 40m

Resource Clips - essential news on junior gold mining and junior silver mining

Update: Olympus Pacific changed its name to Besra Gold Inc. On November 23, 2012, Besra began trading under a new symbol, TSX:BEZ.

Olympus Pacific Minerals Inc TSX:OYM announced assays from its Bau Central Property in Sarawak, East Malaysia. Results include

3.99 g/t gold over 40 metres
(including 5.69 g/t over 17 metres)
2.01 g/t over 78.3 metres
(including 4.4 g/t over 11 metres)
3.91 g/t over 38.1 metres
1.79 g/t over 65.4 metres
1.98 g/t over 48.9 metres
1 g/t over 68.5 metres
(including 1.46 g/t over 33 metres)
2.32 g/t over 24 metres
(including 3.87 g/t over 9 metres)

CEO John Seton commented, “Drilling at Bau Central has continued to return highly encouraging results over significant intercept widths. These are providing input into concurrent feasibility studies and signal an expansion of global resources and upgrade of resource categories in the next resource estimate scheduled for release later this quarter. In particular, the Jugan deposit feasibility study continues to deliver positive results and remains on schedule for completion later this year. Jugan is the first of several deposits slated for development within the Bau Central mineralization trend, with others expected to be phased into production later. The planned Jugan development heralds a revival of the mining industry within this large historic goldfield and is an important milestone for the company.”

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James W. Hamilton
VP of Investor Relations

Read feature story on Olympus Pacific Minerals Inc.

by Greg Klein

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