Bellevue Gold Ltd
Bellevue Gold Ltd (ASX:BGL) is listed on the Australian Securities Exchange.
See more information about Bellevue Gold Ltd
Bellevue Gold launches $18.5 million fully underwritten placement
Bellevue Gold Ltd (ASX:BGL) will add to its $20 million of existing cash with an $18.5 million fully underwritten capital raising offering shares priced at 57 cents.
The additional cash enables Bellevue to undertake significant drilling at its flagship Bellevue Gold Project in Western Australia as well as potentially commence pre-development activities.
Drilling will be both infill drilling to further define its existing resource base as well as step-out exploration drilling program over the next 12 months.
Earlier this month, Bellevue upgraded its Bellevue Project to 1.8 million ounces grading 11.1 g/t gold making its one of the highest grade undeveloped deposits in the world.
Proactive caught up with the company earlier this month for an update.
Other Bellevue Gold Ltd news
- Bellevue Gold notches up maiden indicated gold resource of 860,000 ounces at 11.6 g/t
2020-07-07 - Bellevue Gold’s maiden indicated resource expectations grow: Canaccord Genuity
2020-05-29 - Bellevue Gold infill drilling paves way for maiden indicated resource in coming quarter
2020-03-18 - 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
