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Bellevue Gold Ltd.
Summary
| Project: | Bellevue | |
|---|---|---|
| Deposit: | Viago, Tribue | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/21/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-5-2019: Bellevue Gold Ltd. announces an Exploration/Drilling Update report for its Viago, Tribue deposit at the Bellevue project. Drilling results incl. 0.3m @ 218.5g/t Au from 210m. “We are pleased to provide an update on exploration activities comple | |
| Resources: | (Resource, Inf.): 4.0Mt @ 11.8g/t Au for 1.530Moz Au contained | |
| CP/QP: | [Overall Report]: Shane Hibbird (Internal) | |
| ABSTRACT: | “We are pleased to provide an update on exploration activities completed at the Bellevue Gold Project with exploration drilling continuing to accelerate at the project with a fifth diamond core rig added to the drill fleet. The potential for an extension beneath the historic Bellevue mine to host a significant continuation of the mineralised system has been the major exploration target at the project since Bellevue Gold Ltd commenced exploration. It is a significant scale target and with no previous drilling completed beneath the 500-550 metres below surface level. The exploration team is highly encouraged to hit “Bellevue Style Mineralisation” and visible gold in the first hole completed. The down hole conductors defined from this maiden drilling are equivalent in size and tenor to the Viago and Bellevue Lodes and we are very excited to have the additional rig on site to test these DHEM conductive plates and step out on the identified shear system at depth over coming weeks. It is also extremly pleasing that we have discovered the next high-grade lode to the west of the Tribune lode which is in a flat lying orientation similar to the very high-grade Viago discovery last year. This new lode again reinforces the potential for further discoveries to be defined as we move out from the known Lodes to date. At the shallow Tribune and Viago North discoveries step-out drilling has continued to intersect high-grade lode gold mineralisation and has significantly expanded the strike length which still remains open. Technical work has commenced to deliver the forecast resource upgrade during Q2 2019. It is a sign of the quality of the Bellevue Gold Project in general that ongoing exploration continues to define new high quality and significant scale targets and maintain discovery momentum as increased step-out drilling is conducted at the project. Bellevue Gold would like to extend their appreciation to the Western Australian Department of Mines for the EIS funding which assisted in 2018 for the discovery of the Viago Lode and has again this year provided new leads and a potential new discovery below the historic Bellevue underground mine.” | |
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