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Bellevue Gold upgrades resource with four rigs still drilling

Bellevue Gold Ltd (ASX:BGL) executive director Steve Parsons speaks to Proactive Investors about increasing the JORC resource estimate at the Bellevue Gold Project by 47% to 1.53 million ounces grading 11.8 g/t gold.

Drilling is ongoing at three areas within the projects site in Western Australia, and a further resource upgrade is slated for the second quarter.

Quick facts: Bellevue Gold Ltd

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Price: 0.825 AUD

Market Cap: $813.19 m

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Bellevue Gold says value of flagship gold project has shot up by $700 million

Bellevue Gold Ltd (ASX:BGL)'s Luke Gleeson tells Proactive they're now fully funded to gold production at its namesake WA project after completing a strongly supported institutional placement that raised $106 million. The multi-million-dollar cash injection will subsidise the ramp-up to...

2 weeks, 2 days ago

2 min read