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Bellevue Gold Ltd

Bellevue Gold’s ‘game plan is to keep on drilling’ after second high-grade discovery

Bellevue Gold Ltd (ASX:BGL) executive director Steve Parsons speaks to Proactive Investors about the gold company’s development of the historical Bellevue Gold Mine, as well as new high-grade discoveries made in recent drilling.

The company has confirmed a maiden resource of half a million ounces at over 8 g/t gold and has since discovered two high-grade lodes adjacent to and beneath the resource.

“Having had a mine there previously … our view is that we’re looking to try and grow the resource up to a sizeable amount,” Parsons says.

He continues, “half a million ounces at a high grade like we have is of course very good, but when the discoveries are actually open along strike and at depth, our game plan is to keep on drilling.”

Quick facts: Bellevue Gold Ltd

Price: $0.54

Market: ASX
Market Cap: $300.19 m
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Bellevue Gold reveals further high-grade upgrade at flagship gold project

Bellevue Gold Ltd's (ASX:BGL) Steve Parsons caught up with Proactive's Andrew Scott after announcing a further high-grade resource upgrade at their project in Western Australia. The latest update incorporates the recent Viago North and Tribune North strike extensions which are in the...

on 11/7/19

2 min read