Bellevue Gold boosts golden bounty by 23% at namesake project in WA, shares up
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Following the team-up deal with Premier Oil the AIM and ASX quoted explorer is looking forward to the start of drilling, in late February.
The company believes the Bellevue Gold Project has a reasonable prospect of being mined considering the depth, thickness and grades of the deposits and proximity to existing infrastructure such as roads and power.
The company recently drilled high-grade zinc, gold and silver from its flagship Blue Moon project in California.
Perseus forecasts a stronger grade-driven performance in both production and costs in the June 2020 half year.