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Bellevue Gold Ltd

Bellevue Gold shines bright and takes out two mining industry awards

The company has been named ‘Best Emerging Company’ at Diggers & Dealers and ‘Explorer of the Year’ by Mining News.

Bellevue Gold Ltd - Bellevue Gold shines bright and takes out two mining industry awards
The Bellevue project hosts one of the world’s highest-grade undeveloped gold deposits

Bellevue Gold Ltd (ASX:BGL) continues to shine brightly in golden skies and has taken out two prestigious mining industry awards in recent weeks.

The company, which holds one of the world’s highest-grade undeveloped gold deposits at its namesake project, was named ‘Best Emerging Company’ at Diggers and Dealers Mining Forum and Mining News ‘Explorer of the Year’.

Diggers & Dealers award

Managing director Steve Parsons accepted the award on behalf of the company for ‘Best Emerging Company’ at the Diggers and Dealers Gala Dinner in Kalgoorlie on Wednesday, August 7.

In a subsequent statement to investors, he said: “We have an amazing discovery at the Bellevue Gold Project and in less than 18 months have discovered 1.8 million ounces of gold at an impressive 11.1 g/t gold.

“I would like to thank the Bellevue Gold exploration team, as well as the Department of Mines for Western Australia, especially in regard to the Exploration Incentive Scheme (EIS) that has helped with our discoveries.

“I would also like to thank all the investors, shareholders and brokers who have supported the company over the past 18 months.”

Other Diggers & Dealers Forum award winners were:

  • GJ Stokes Memorial Award - Mark Creasy;
  • Digger Award - Roy Hill Holdings;
  • Dealer Award - Northern Star Resources Limited for the Pogo acquisition; and
  • Media Award - Barry FitzGerald.

Mining News honour

Bellevue Gold has also been named ‘Explorer of the Year’ by Mining News.

Other recipients of Mining News awards were:

  • CEO of the Year: Raleigh Finlayson, Saracen Mineral Holdings;
  • New/Emerging Leader of the Year: David Southam, Mincor Resources; and
  • Deal and/or Merger of the Year: Northern Star Resources for the acquisition of Pogo.

Parsons said: “Bellevue Gold would like to thank the Diggers & Dealers Mining Forum and Mining News for the awards and looks forward to continuing its exploration programs for the rest of 2019.”

Six diamond rigs operating

Bellevue Gold has $35 million in cash to fund the six diamond core drill rigs operating at the Bellevue project.

This drilling is aimed at stepping out for additional gold ounces, infilling for higher confidence resources and testing the latest high-grade gold discoveries.

These include the new Deacon Lode with the latest drill intercept of 3.6 metres at 18.3 g/t gold below the historical Bellevue mine underground workings.

Quick facts: Bellevue Gold Ltd

Price: $0.64

Market: ASX
Market Cap: $361.74 m
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