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Bellevue Gold chairman and managing director boost holdings

The company has a 1.8 million ounce rapidly growing high-grade gold discovery.

Bellevue Gold Ltd - Bellevue Gold chairman and managing director boost holdings
Shares in the company have tripled over the past year, last trading at 61 cents

Bellevue Gold Ltd’s (ASX:BGL) managing director Steve Parson and chairman Ray Shorrocks have increased their shareholdings in the company after option exercises.

Parsons exercised 10 million options and Shorrocks exercised 5.9 million options.

According to industry sources, Bellevue was one of the more popular presenters at the recent Diggers & Dealers Conference held annually in Kalgoorlie.

The flagship Bellevue Gold Project in Western Australia hosts one of Australia’s highest grade gold deposits with 1.8 million ounces grading 11.1 g/t gold.

Bellevue recent raised $18.5 million boosting the company’s cash reserves to $35 million providing good scope to expand the resource in early 2020.

Quick facts: Bellevue Gold Ltd

Price: 0.525 AUD

ASX:BGL
Market: ASX
Market Cap: $299.21 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