For thousands of other reports visit RSC's Mineral Intellingence Map
Bellevue Gold Ltd.
Summary
| Project: | Bellevue | |
|---|---|---|
| Deposit: | Bellevue | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/5/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-2-2019: Bellevue Gold Ltd. announces an Exploration/Drilling Update report for its Bellevue deposit at the Bellevue project. Updated mineral resource estimate at the project. This upgrade is the result of recent drilling completed in Quarter 4 2018 to e | |
| Resources: | (Resource, Inf.): 4.0Mt @ 11.8g/t Au for 1.530Moz Au contained | |
| CP/QP: | [Resources]: Sam Brooks, Brian Wolfe (Internal;Independent) | |
| ABSTRACT: | This upgrade is the result of recent drilling completed in Quarter 4 2018 to extend mineralisation of the historic Bellevue Lode and mineralisation adjacent the underground workings. These are known as the Bellevue Surrounds resource area. Managing Director Mr Steve Parsons commented: “The company is delighted to announce a further substantial resource upgrade at the Bellevue Gold Project. The exploration team has discovered and delineated in excess of 1.5 million ounces of high-grade gold in just over 12 months since resource drilling commenced and at a very low discovery cost of less than A$15 per ounce. The latest upgrade once again confirms the exceptional quality of the Bellevue Gold Project which is globally one of the highest-grade and fastest growing gold projects and we are confident further drilling will continue to rapidly advance the resource base in 2019. This Bellevue Surrounds resource estimate is important for the Project as it is located within metres of the historic underground mine development. The Company has now turned its attention to delinating further resource ounces from step-out drilling with the four drill rigs at the very high-grade Viago Lode and Western Corridor. We anticipate the next round of drill results in the very near future and a further resource upgrade in a few months time during the second quarter.” Bellevue Gold Limited (ASX: BGL) is pleased to announce a further resource upgrade at the Bellevue Gold Project, Western Australia. The latest update incorporates the updated geological and depletion model for the Bellevue Surrounds area and is based on a combination of historical and recent diamond drilling at the project. The estimate builds on the October 2018 global resource of 2.6 Mt @ 12.3 g/t 1,040,000 of contained gold (refer ASX announcement on 22/10/18). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report