Besra Gold Inc (BESAF)

[muleofkintire]

Olympus gold.


January 15, 2008 - 9:30 AM EST


Olympus Doubles Resource to 637,000 Oz at the High Grade Phuoc Son Gold Property
HIGHLIGHTS:
- A 110% upgrade of Gold Resources at Phuoc Son has increased total gold Resources at the Phuoc Son Gold Property to 637,000 ounces (from 304,000 ounces) following a 10,000 meter drilling program undertaken between November 2006 and October 2007.This upgrade brings Olympus' total published Vietnam (Bong Mieu and Phuoc Son) resource to 1.48 M oz.
- Measured and Indicated Resources total 211,280 ounces (Measured Resources total 66,090 ounces and Indicated Resources total 145,190). Inferred Resources total 425,380 ounces.
- The approved 2008 and 2009 drilling programs are expected to add a further 550,000 to 750,000 ounces based on the ore body continuity.
- Results of recent holes drilled outside the evaluated area include 0.60 m at 28.80 g/t Au and 0.80 m at 6.26 g/t Au. This data continues to confirm the down-dip and on-strike continuity of the ore body.

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