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Bellevue Gold Ltd.

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Summary

Project:

Bellevue

Deposit:Deacon
Location:Australia
Commodities:Gold
Date:2/24/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:24-2-2020: Bellevue Gold Ltd. announces a Resource Estimation report for its Deacon deposit at the Bellevue project. Initial mineral resources at Deacon Deposit within Bellevue Project. Bellevue Gold Limited (ASX: BGL) is pleased to announce that total Re
Resources:(Resources, Inf.): 1.0Mt @ 12.3g/t Au (0.41Moz Au)
CP/QP:[Resources]: Brian Wolfe (Independent)
ABSTRACT:Bellevue Gold Limited (ASX: BGL) is pleased to announce that total Resources at the Bellevue Gold Project in Western Australia have increased by 23% to 6.1 million tonnes at 11.3 g/t for 2.2 million ounces. The increase stems from the declaration of the maiden Resource of 1.0 Mt at 12.3 g/t for 400,000oz at the Deacon Lode. Importantly, the Deacon Resource comes from the 900m-long central portion of the 1.8km-long mineralised strike at Deacon. There are a number of high-grade intersections along strike of the 900m central zone including new results reported here, that will be included in the Resource when the current tighter-spaced drilling program in these areas is finished. Bellevue Managing Director Steve Parsons said the increased Resource demonstrated the huge potential unfolding at the project. The potential for shallow up dip near surface mineralisation hosted on the Deacon mineralised shear is now being appraised and will be tested over coming weeks

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