Big Picture – A Deep Dive Examination of Bellevue Gold Ltd
Bellevue Gold Ltd Snapshot
Bellevue Gold Limited (ASX:BGL) (formerly Draig Resources) is advancing the historic Bellevue Gold Mine in Western Australia which was in its day one of Australia’s highest-grade gold mines, producing 800,000oz @ 15g/t gold.
THE BELLEVUE GOLD PROJECT
The Bellevue Gold Project (Bellevue Gold 100%) A Forgotten Treasure.
The Bellevue Gold Project is 400km north west of Kalgoorlie in Western Australia and sits within a high-grade gold and nickel district on the prolific Wiluna-Norsman gold belt. Bellevue is within 100km of numerous producing goldmines and in close proximity to world-class nickel mines.
TRIBUNE LODE HIGH GRADE DISCOVERY
Bellevue Gold commenced exploration at Bellevue in mid-2017 for the first time and only a few months later announced a new gold discovery at the Project. Recent drilling results from the new Tribune Lode discovery includes:
- 7m @ 27.5g/t gold from 92m (including 5m @ 37.5g/t gold)
- 5m @ 16.5g/t gold from 25m
- 12m @ 12.0g/t gold from 68m
- 15m @ 5.80g/t gold from 79.5m (including 0.3m @ 242.0g/t gold)
- 2.4m @ 21.90g/t gold from 162.8m
SOUTH YANDAL GOLD PROJECT
The Yandal South Project (557km2) is located between Echo Resources (ASX:EAR) Bronzewing Project and gold processing plant as well as Red 5’s (ASX:RED) Darlot Gold Project and gold processing plant and is only 40 kilometers to the east of Bellevue Gold’s Bellevue Gold Project.
Last updated 4th September 2018
MR RAY SHORROCKS
Ray has over 20 years’ experience in corporate finance and has advised a diverse range of mining companies during his career at Patersons, one of Australia’s largest full service stockbroking and financial services firms. He has been instrumental in managing and structuring equity capital raisings as well as having advised extensively in the area of mergers and acquisitions. Ray is a Director of Estrella Resources Limited, Galilee Energy Limited and Pryme Energy Limited.
MR STEVE PARSONS
Steve is an experienced geologist with an impressive discovery record in the gold sector. He has a proven track record of mineral discoveries, corporate growth, international investor relations and creating shareholder wealth. He was the founding Managing Director of Gryphon Minerals, which he listed on the ASX and grew it to an ASX-200 company. Steve is a Non-Executive director of Blackstone Minerals & Centaurus Metals and has advised a number of ASX listed companies.
MR MICHAEL NAYLOR
Non-Executive Director & Company Secretary
Michael has 21 years experience in corporate advisory and public company management since commencing his career and qualifying as a chartered accountant. Michael has been involved in the financial management of mineral and resources focused public companies serving on the board and in the executive management team focusing on advancing and developing mineral resource assets and business development.
He is also the Company Secretary of First Cobalt Corporation, joint Company Secretary of Blackstone Minerals Limited, Company Secretary of Cygnus Gold Limited and Director of Teranga Gold (Australia) Pty Ltd.
Last updated 4th September 2018