Bellevue Gold Ltd
Bellevue Gold Ltd (ASX:BGL) is listed on the Australian Securities Exchange.
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Bellevue Gold drills visible gold at two new exploration targets
Bellevue Gold Ltd (ASX:BGL) has witnessed visible gold in maiden deeper drilling below the Bellevue Lode at the Bellevue Gold Project in Western Australia.
The diamond hole intersected a 5-metre shear zone with Bellevue-style mineralisation including visible gold over 1.5 metres located 150 metres below the underground mine.
Furthermore, a new discovery has been made immediately west of the Tribune Lode, creating a second high-priority drill target for the project.
The first hole intersected 4 metres at 8.3 g/t gold and a second hole drilled 80 metres to the north intersected 1.8 metre zone with abundant visible gold for which assays are pending.
Extensional drilling results suggest upgrade of 1.53 million ounce resource
Finally, the latest batch of drill results from ongoing resource extension drilling at the Viago and Tribune lodes continues to reveal more high-grade gold.
Latest results that include 3.2 metres at 17.2 g/t gold and 2.7 metres at 22.6 g/t gold will feed into a resource update expected in the current June quarter.
The update is expected to increase the current JORC resource of 1.53 million ounces grading 11.8 g/t gold.
Other Bellevue Gold Ltd news
- Bellevue Gold chairman and managing director boost holdings
2019-08-13 - Bellevue Gold’s new discovery confirms prospects at depth: Macquarie Research
2019-08-12 - Bellevue Gold launches $18.5 million fully underwritten placement
2019-07-24 - Bellevue Gold expands high-grade gold resource; six drill rigs active on site
2019-07-11 - Bellevue Gold’s new discoveries show big potential: Macquarie Research
2019-06-21
