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Bellevue Gold Ltd.
Summary
| Project: | Bellevue | |
|---|---|---|
| Deposit: | Bellevue | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/18/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-2-2020: Bellevue Gold Ltd. announces an Exploration/Drilling Update report for its Bellevue deposit at the Bellevue project. Drilling results incl. 4.68m @ 32.7g/t Au from 596m. Bellevue Gold (ASX; BGL) is pleased to announce a host of high-grade infil | |
| Resources: | (Resource, Inf.): 5.0Mt @ 11.1g/t Au at Bellevue total | |
| CP/QP: | [Overall Report]: Sam Brooks (Internal) | |
| ABSTRACT: | Bellevue Gold (ASX; BGL) is pleased to announce a host of high-grade infill drill results which will further underpin its maiden Indicated Resource at the Bellevue gold project in Western Australia. The results are considered important because they strongly support Bellevue’s geological model, which predicts gently-plunging high-grade shoots within the mineralised envelop. This interpretation is entirely consistent with shoots which were mined at Bellevue underground from 1986 – 1997, when the low prevailing gold price forced the operation to be closed. The mine produced 800,000oz at ~15 g/t in this time. Bellevue’s independent JORC Inferred Resource stands at 1.8 million ounces grading 11.1 g/t.1 The Company is on track to publish its maiden Indicated Resource next quarter and mining studies are set to commence in the September quarter. Dewatering of the underground mine workings is continuing which will allow assessment of previous underground mine development ahead of any re-entry and future drilling from underground. | |
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