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WINNER: EXPLORER
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Bellevue was almost halfway through an 80,000m infill diamond drilling programme on the Tribune and Viago lodes.
A resource update is on schedule for the first half of 2020
All eyes will again be on Bellevue Gold Ltd in 2020 with a resource update expected in the first
half of the year from its namesake project in Western Australia.
by Mark Andrews
on-stop drilling during 2019 saw 800,000oz @ 11 g/t “Bellevue is certainly one of the better new discoveries that is
Ngold added, giving Bellevue a total inferred resource of happening out there not just in Australia, but globally. The grade
1.8 moz @ 11.1 g/t. stands out and the size is now getting up to global significance,”
News flow continues to provide encouragement to the market Bellevue managing director Steve Parsons told GMJ.
that the rate of discovery success in the past 12 months could The gold sector has been bereft of new discoveries and stories
be replicated and there is no shortage of effort going into making to get excited about hence the significant following Bellevue has
that happen. garnered in a relatively short amount of time.
At the time of print, Bellevue had eight rigs engaged, with two “There has certainly been a lot of interest not only from investors
diamond rigs dedicated to increasing confidence levels in the and analysts, but also on the corporate side as well. This is
resources at the Tribune and Viago lodes. such a standout project and the support we have got from our
Recent results from shallow infill drilling at Tribune (top 200m investors is that we need to be taking this the whole way through
from surface) has delivered what Bellevue was expecting, with into development and production; that is where the real value
highlights from the large portion of the resource infill drilled on uplift will be for the Bellevue shareholders,” Parsons said.
40m x 20m spacing including 9.6m @ 14.1 g/t gold from 107.9m, Bolstering the team with the requisite skills to take Bellevue to its
3m @ 33 g/t from 162m, 1.9m @ 29.3 g/t from 58m, 5.2m @ 5.4 desired outcome of developing a mining project, 400km north-
g/t from 203m, 0.6m @ 273.5 g/t from 155m. west of Kalgoorlie, has begun. Former Northern Star Resources
The second diamond rig conducting infill drilling at Viago ready Ltd general manager Craig Jones was appointed chief operating
for conversion to a higher resource confidence is also going well officer at Bellevue in December.
with hits of 0.7m @ 74.8 g/t gold from 590.4m, 5m @ 11.1 g/t Dewatering activities were scheduled to start post-Christmas
from 606m, and 3m @ 19.8 g/t from 580.5m reported. and carry on through to May/June.
Meanwhile, six rigs were in operation at the new Deacon and The historic Bellevue mine produced 800,00oz @ 15 g/t gold
Mavis discoveries where step-out expansion drilling and testing in its heyday, and with some underground infrastructure to
of several significant off-hole DHEM conductors were targeted be leveraged from, there may be an opportunity for some
in late 2019. underground material to be extracted for cash flow in 2020.
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