Bellevue Gold Ltd (ASX:BGL) head of corporate development Luke Gleeson tells Proactive the company is a step closer to becoming Australia’s next high-grade gold producer after receiving firm commitments for a $60 million fully underwritten placement to institutional investors. The Bellevue Gold Project has a JORC resource of 9.8 million tonnes at 9.9 g/t gold for 3.1 million ounces, including a reserve of 6.8 million tonnes at 6.1 g/t for 1.34 million ounces, one of the world’s highest grade gold discoveries.
Bellevue Gold welcomes strong institutional demand in $60 million raise
