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Bellevue Gold Ltd.
Summary
| Project: | Bellevue | |
|---|---|---|
| Deposit: | Deacon, Mavis | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/2/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-10-2019: Bellevue Gold Ltd. announces an Exploration/Drilling Update report for its Deacon, Mavis deposit at the Bellevue project. Drilling results incl. 2.8m @ 46.9g/t Au from 175m. Bellevue Gold Limited (ASX: BGL) is pleased to announce further drill | |
| 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 recent Deacon & Mavis discovery, located 400 metres east of the historic Bellevue Mine. Recent drilling has focussed on extending the mineralisation up dip and along strike with step outs to the North and the South followed by down hole electromagnetic (DHEM) surveying. Each hole drilled into the Deacon target passes through the Bellevue Lode before entering the new discoveries at Deacon and Mavis. The historic Bellevue Mine covers an area of 1,700 metres x 420 metres and produced ~700,000 ounces from underground (1986-1997) with a further 700,000 ounces @ 9.6 g/t gold of Inferred resources currently hosted in the Bellevue Shear and hangingwall lodes.1 The total area defined at the Deacon/Mavis target is currently 1,700 metres x 260 metres. The discovery remains open in every direction with drilling underway to test the northern and depth potential as well as infilling the areas outside the DHEM detection radius being currently completed. The Company views Deacon/Mavis as another significant discovery due to the ‘mineralised footprint’, DHEM conductors and initial high-grade drill results comparable to the Bellevue Lode. Mineralisation in the high-grade core of the Deacon discovery has been extended north with 3.8 m @ 13.9 g/t gold intercepted 160 metres north of the discovery hole intercept of 3.6 m @ 18.3 g/t gold. Mineralisation has also been extended 120 metres up dip with 0.8 m @ 36.9 g/t gold. | |
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