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Bellevue Gold Ltd.
Summary
| Project: | Bellevue | |
|---|---|---|
| Deposit: | Deacon, Mavis | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/10/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-9-2019: Bellevue Gold Ltd. announces an Exploration/Drilling Update report for its Deacon, Mavis deposit at the Bellevue project. Drilling results incl. 4.4m @ 62.41g/t Au from 692.5m. Bellevue Gold Limited (ASX: BGL) is pleased to announce further dri | |
| Resources: | (Resource, Inf.): 5.0Mt @ 11.1g/t Au for 1.8Moz Au contained | |
| CP/QP: | [Overall Report]: Sam Brooks (Internal) | |
| ABSTRACT: | Bellevue Gold Limited (ASX: BGL) is pleased to announce further drill results from the new Deacon & Mavis discovery, located 400m east of the historic Bellevue Mine. Recent drilling conducted on broad centres at the Deacon discovery has returned one of the best intercepts at the project to date confirming the presence of bonanza grade ore shoots analogous to the Bellevue mine and Viago Lode discoveries. The Bellevue Gold Mine was a significant underground mine and produced 800,000oz gold @ 15g/t gold from 1986 to 1997 when it closed in a much lower gold price environment. Drill hole DRDD218 has intersected 4.4 m @ 62.4 g/t gold associated with semi-massive pyrrhotite and quartz clasts diagnostic of the bonanza ore shoots at the Bellevue Mine. Hole DRDD218 is located 100m from the nearest drill hole DRDD130 which intersected 3.6 m @ 18.3 g/t gold from 654.6m (refer ASX 15/08/19)2 . The hole was completed to follow up the large scale 400m x 120m high conductance modelled Down Hole Electromagnetic Conductor (DHEM), confirming this conductor to host sulphides and gold mineralisation. Assays are pending for four further holes including two targeting a 150m step out down dip and a further 120m up dip from the central high-grade trend. The lode position was intersected in both holes with quartz pyrrhotite veining logged (refer figure 2). Mineralisation remains open in every direction. | |
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