Bellevue Gold $20 million share purchase plan set to close this Friday
Proceeds of the placement and the SPP will be used to grow resources and accelerate development of the Bellevue Gold Project in WA.
Company
Bellevue Gold Ltd
ASX: BGL
Bellevue Gold Ltd (ASX:BGL) is advancing the historical Bellevue Gold Mine in Western Australia, a site that was once one of Australia’s highest-grade gold mines, producing 800,000 ounces at 15 g/t gold from 1986 to 1997. The company has a resource of 3 million ounces at 9.9 g/t gold, including an indicated resource of 1.4 million ounces at 11 g/t, making it one of the highest-grade undeveloped gold discoveries in the world. Bellevue hopes to join Australia's fleet of gold producers in 2022.
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Bellevue Gold fields strong support for $100 million placement, reflecting quality of project
Proceeds of the placement will be used to grow resources and accelerate development of the Bellevue Gold Project in Western Australia.
Bellevue Gold launches $120 million equity raising to accelerate development of namesake project
The equity raising will see the company fully funded for an aggressive exploration campaign at its Bellevue Gold Project in WA.
Bellevue Gold notches up maiden indicated gold resource of 860,000 ounces at 11.6 g/t
The Bellevue Gold Project indicated resource includes a high-grade core of 480,000 ounces at 15.5 g/t.
Bellevue Gold is the most attractive gold development story in Canaccord's coverage universe
A 10,000 metres regional discovery drilling program is underway along the 20-kilometre Bellevue mineralised corridor.
Bellevue Gold hits new record high after tests return high recoveries, support underground re-entry
High recoveries, combined with an upcoming maiden indicated resource, further underpin economic studies and pave the way for the start of development.
Bellevue Gold remains Macquarie’s preferred exploration and development story in the ASX gold sector
Results from Bellevue Gold Project continue to impress and opportunities to fast-track the project towards development are becoming more apparent.
Bellevue Gold up after hitting high-grade gold in first regional hole at Bellevue project
The Government Well prospect is the first target to be tested by the company within the 20 kilometres of underexplored ground on the Bellevue Trend.
Bellevue Gold’s maiden indicated resource expectations grow: Canaccord Genuity
Latest Deacon infill drilling results will be included in the maiden indicated resource planned for mid-year.
Bellevue Gold results of up to 1,169 g/t likely to boost mid-year gold resource upgrade
The latest infill drilling results demonstrate that the Deacon Lode is an emerging repeat of the rich adjacent Bellevue deposit.
Bellevue Gold strengthens board by appointing two experienced resources directors
The new non-executive independent directors bring extensive legal, commercial, and financial skills to the company as it transitions to project developer.
Bellevue Gold is the most attractive and well-funded gold development story for Canaccord Genuity
Bellevue remains on track to release a maiden indicated resource on the Tribune, Viago and Bellevue lodes in the month of June, which is an important catalyst for the company.
Bellevue Gold to outline development of high-grade namesake project at virtual conference tomorrow
Managing director Steve Parsons will present at the NWR Communications Virtual Small Cap Resources Conference on Thursday.
Bellevue Gold outlines “outstanding quarter” for namesake project with significant scope for growth
Gold resources up 23% to 2.2 million ounces; Maiden indicated resource set for June; Studies point to multiple high-grade starter pits; World’s largest resources fund emerges with 10% stake.
Bellevue Gold gains BlackRock Group as a new substantial holder
The company is developing its 2.2 million ounce Bellevue Gold Project in Western Australia.
Bellevue Gold maintains outperform recommendation from Macquarie Research
Last week, managing director Steve Parsons exercised 20 million unlisted options to acquire Bellevue shares worth about $8.4 million based on current share price.
Bellevue Gold receives firm commitments to raise $26.5 million from share placement
Proceeds from the placement will be used to fund drilling and economic studies for the Bellevue Gold Project.
Bellevue Gold in trading halt ahead of capital raising
A total of 94,000 metres of infill drilling has been completed at the Bellevue Gold Project and an upgraded resource is expected to be released in the coming quarter.
Bellevue Gold infill drilling paves way for maiden indicated resource in coming quarter
The company is commencing mining studies with a maiden indicated resource due next quarter, pending the assay results from infill drilling.
Bellevue Gold retains speculative buy rating from Canaccord Genuity after resource upgrade
Canaccord highlighted Bellevue in its recent Top Stock Picks note as the most exciting exploration/development story in the Australian gold space, a view it continues to hold.