Page 34 - gmj142-Jan-Mar2-mag-web
P. 34

The Perth Mint The Perth Mint
                          The Perth Mint The Perth Mint
                          – Australasia’s – Australasia’s
                          – Australasia’s – Australasia’s
                          refiner of choice refiner of choice
                          refiner of choice refiner of choice
                          With operations fully guaranteed by the Government of Western With operations fully guaranteed by the Government of Western
                          Australia, The Perth Mint has earned a reputation as the lowest risk Australia, The Perth Mint has earned a reputation as the lowest risk
                          With operations fully guaranteed by the Government of Western With operations fully guaranteed by the Government of Western
                          refinery in Australasia. That’s why we’re trusted with processing more refinery in Australasia. That’s why we’re trusted with processing more
                          Australia, The Perth Mint has earned a reputation as the lowest risk Australia, The Perth Mint has earned a reputation as the lowest risk
                          than 90 per cent of Australasia’s gold production.th processing more tion.th processing more
                          refinery in Australasia. That’s why we’re trusted wialasia’s gold produc
                                               refinery in Australasia. Th
                                               than 90 per cent of Austrat’s why we’re trusted wi
                          than 90 per cent of Australasia’s gold production.than 90 per cent of Australasia’s gold production.
                                                                                       perthmint.com/refineperthmint.com/refine
          FINALIST: EXPLORER                                                           perthmint.com/refineperthmint.com/refine
                                                                infrastructure  can  be  used  to  continue  infill  drilling  on
                  MINT0272A-FP A4 RefinerOfChoice.indd   1MINT0272A-FP A4 RefinerOfChoice.indd   1                   11/3/20   4:00 pm   11/3/20   4:00 pm
                                                                mineralisation adjacent to the high-grade core.
                  MINT0272A-FP A4 RefinerOfChoice.indd   1MINT0272A-FP A4 RefinerOfChoice.indd   1                   11/3/20   4:00 pm   11/3/20   4:00 pm
                                                                By the time December 2021 rolls around, the company would
                                                                have  committed  $35  million  to  drilling,  largely  focused  on
                                                                increasing  indicated  resources  (currently  1.04  moz  @  11.4
                                                                g/t) with infill drilling to 40m by 40m spacing and grade control
                                                                drilling to de-risk the early-stage mine schedule. Two rigs will
                                                                be in operation as the company looks to complete a total of
                                                                30,000m surface drilling and 30,000m underground drilling.
           Bellevue keeps                                       A further 42,000m of surface and about 20,000m of underground
                                                                drilling  will  target  extensions
                                                                to  the  global  resource,  with
          the exploration                                       Bellevue   afforded   West
                                                                             Government
                                                                Australian
                                                                exploration  incentive  scheme
                                                                funding  to  drill  5,000m  on
                          pace                                  deeper targets. The company
                                                                also plans a further 10,000m
                                                                drilling  to  follow-up  on  the
                                                                recent   Government   Well
                                                                discovery targets.
                                                                Bellevue’s healthy exploration
                         by Mark Andrews                        budget  and  its  pipeline  of
                                                                prospective  targets  has  the
                                                                company in a good position to
              old  developer  status  beckons  for  Bellevue  Gold  Ltd,   continue its legacy in the WA
          Ghowever, 2020 once again proved the company remains a   gold exploration space, which   Bellevue Gold Ltd’s inaugural
          formidable exploration outfit.                        is  receiving  no  shortage  of   sustainability report highlighted
          Since  the  back  end  of  2017,  the  company  has  on  average   attention.   the company’s above average
                                                                                          performance regarding gender
          discovered 70,000oz gold per month which has culminated in a   Despite  the  recent  wave   diversity in its workplace.
          resource of 2.4 moz @ 10 g/t at the Bellevue gold project.  of   exploration   victories
          It has taken something special – Hemi – to knock Bellevue from   celebrated  in  the  sector,   Bellevue’s workforce includes 38%
                                                                it  remains  a  tough  game,   female participation, well above the
          its perch as GMJ’s Explorer of the Year; the award managing                     mining industry average of 17%.
          director Steve Parsons and Co. have owned for the past two   however, Parsons is confident
                                                                of revelling in the sweet spot it
          years.                                                                          Among the women in the Bellevue
                                                                has found.
          “It was great to be nominated again and I am sure we will see the               make-up is non-executive director
                                                                “Without a doubt it is getting   Fiona Robertson (above), who was
          same growth in the next 12 months. We expect to be nominated                    recently named as one of Women in
          for Explorer of the Year again in 2021,” Parsons told GMJ.  harder and harder to find good   Mining UK’s 100 Global Inspirational
                                                                deposits  with  exploration;
          As of September 30, Bellevue had $149 million in the bank and                   Women in Mining 2020.
                                                                some of the finds might grow
          was knee-deep in completing a BFS on its namesake project,
                                                                and others stop and stagnate   “We are over the moon to have Fiona
          400km north-west of Kalgoorlie.
                                                                at  a  certain  size,”  Parsons   join the team at Bellevue Gold this
          The Bellevue BFS is scheduled to be delivered in Q1 2021, with
                                                                said.                     year. The skills she brings as an
          construction to follow in mid-2021.                                             independent non-executive director
                                                                “But, when you find Archaean
          Dewatering activities are continuing at the mine which historically   gold  lode  systems  like  we   are just what we need and her
          produced 800,000oz gold @ 15 g/t, while work to re-establish                    experience and wealth of knowledge
                                                                have  at  Bellevue,  which  has   in the mineral industry over the past
          decline access to the high-grade 463,000oz @ 15.2 g/t Viago   grown from 1 moz to 2 moz;   few decades is second to none.  It
          and Deacon gold lodes is on track for completion in June.
                                                                I’m sure it will grow to 3, 4, 5   really is fantastic to see her name
          In  addition  to  the  $40  million  of  capital  being  spent  on   moz gold over time like most   in the top 100 women in mining for
          underground  development,  cheaper  (about  25%  on  a  unit   Archaean systems do.”   2020,” Bellevue managing director
          cost  basis),  faster  diamond  drilling  from  underground  was  in            Steve Parsons told GMJ.
          progress during Q4.
          Being  a  brownfields  site,  28km  of  existing  underground

                                                         Page 34
   29   30   31   32   33   34   35   36   37   38   39