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Bellevue Gold Ltd.
Summary
| Project: | Bellevue | |
|---|---|---|
| Deposit: | Bellevue Surrounds | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/10/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-12-2018: Bellevue Gold Ltd. announces an Exploration/Drilling Update report for its Bellevue Surrounds deposit at the Bellevue project. Drilling results incl. 2.40m @ 26.1g/t Au from 269.89m. Managing Director Mr Steve Parsons commented: “The results f | |
| Resources: | (Resource, Inf.): 2.6Mt @ 12.3g/t Au for 1.040Moz Au contained | |
| CP/QP: | [Overall Report]: Shane Hibbird (Internal) | |
| ABSTRACT: | Managing Director Mr Steve Parsons commented: “The results from the recent drilling at the historic Bellevue underground mine area as well as mineralised extensions immediately to the south of the underground workings have confirmed the Company’s view that there is significant amount of high-grade gold mineralisation remaining in and around the historic Bellevue underground area, known as the Bellevue Surrounds. This remaining gold mineralisation is in close proximity to existing underground development infrastructure (currently flooded). Resource estimation work is now underway on the Bellevue Surrounds mineralised area which we expect to be able to bring into resource category in early first Quarter 2019 and add to the global inferred resource estimate for the Bellevue Gold Project which currently stands at 1.04 million oz gold at 12.3 g/t gold. In the meantime, four diamond core drill rigs have now turned to extending the Viago Lode southwards and targeting extensions of the Bellevue Mineralised Shear Zone. There are also a number of exciting targets we are following up and look forward to updating the market further on these over coming weeks. A total of 11 new holes are reported from the Lodes hosted within the historic Bellevue Mineralised Zone directly to the north of the recent Viago Lode discovery. Drilling has targeted the southern extension of known mineralisation of the Bellevue Lode (unmined) as well as testing the existing void (stoped)/development model at the historic Bellevue mine to confirm significant mineralisation outside of the existing mined areas. Drilling has supported the existing model with no mined stopes or voids intercepted in the Bellevue Mineralised Zone and confirmed the existense of significant high grade unmined gold mineralisation. Significant results include new parallel Lodes in close proximity (only a few metres) from the historic Bellevue Underground workings | |
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