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Bellevue Gold Ltd.

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Summary

Project:

Bellevue

Deposit:Bellevue
Location:Australia
Commodities:Gold
Date:8/6/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-8-2018: Bellevue Gold Ltd. announces an Exploration/Drilling Update report for its Bellevue deposit at the Bellevue project. Drilling results incl. 4.3m @ 58.8g/t Au from 575.5m. Bellevue Gold Ltd is pleased to provide an update on the recent high-grade
Resources:(Resource, Inf.): 1.9Mt @ 8.2g/t for 500Koz contained at Bellevue
CP/QP:[Overall Report]: Shane Hibbird (Internal)
ABSTRACT:Bellevue Gold Ltd is pleased to provide an update on the recent high-grade gold discovery now named the Viago Lode (Viago Shear Zone) that has been defined by scout diamond drilling for 800 metres of strike and remains open. The latest drill result is considered highly significant by the company given the exceptional tenor of mineralisation and the wide spacings of the current drill grid (~240 metres). The result is very reminiscent of the high-grade bonanza ore shoots at the historical Bellevue mine in geology, grades and width. Executive Director Mr Steve Parsons commented: “We are very pleased with how this new discovery continues to firm up, with the latest drill result confirming the Viago Lode to be another significant discovery for the Company. To have intercepted visible gold mineralisation in all but a single hole with scout drilling over 800 metres of strike length is quite exceptional and now with the receipt of this latest bonanza grade intersection the potential of the Viago Lode is starting to become clear. To have a second, high-grade gold discovery in such a short period of time points to the quality of the Bellevue Lode system. We are very excited to add another drill rig and anticipate we will upgrade the recent maiden resource estimate in Q4 of this year.”

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