Bellevue Gold Ltd (ASX:BGL) has intersected further high-grade gold during step-out diamond drilling at the Tribune and Viago lodes within its Bellevue Gold Project in Western Australia.
The results affirm the company’s belief that both lodes at Bellevue are a substantial high-grade discovery and have delivered the highest gram-metre drill intercept at the project to date.
Ongoing drilling near the historical mine aims to build on the maiden JORC inferred resource estimate of 1.9 million tonnes at 8.2 g/t gold containing 500,000 ounces, which comprises only the Tribune lode.
Highlighted results from Viago include: 1 metre at 11.3 g/t gold from 551 metres and 0.6 metres at 28.8 g/t; 2.8 metres at 19 g/t from 571.65 metres; 1.5 metres at 23.9 g/t from 566.3 metres; and 3.35 metres at 37.4 g/t from 566.3 metres, including 0.5 metres at 159 g/t.
The highest gram-metre intercept came from Tribune, grading 10.1 metres at 29 g/t from 188.5 metres including 7 metres at 37.9 g/t.
Tribune also logged 2.1 metres at 9.4 g/t from 299.7 metres.
READ: Bellevue Gold continues to expand one of the highest grade new gold discoveries in Australia
Bellevue executive director Steve Parsons said the recent diamond drilling results had exceptional high-grade gold mineralisation, including the highest the company had seen so far.
He said: “An exciting aspect of the exploration at Tribune lode has been the downhole electromagnetic (EM) surveying.
“We are now undertaking [EM surveying] at Viago lode and there appears to be an excellent correlation with high-grade gold.
“With three drill rigs on site we anticipate upgrading the recently announced maiden resource estimate of 500,000 at 8.2 g/t gold during the upcoming December quarter 2018.
READ: Bellevue Gold accelerates drilling at high-grade underground lode Viago
The Viago lode is immediately west of the historic Bellevue Mine and high-grade mineralisation is now defined over a strike of 900 metres, open to the north, south, east and west.
The recently drilled holes are a combination of re-entries and new holes from surface and both Tribune and Viago were consistently intercepted over the known strike length.
Intersections at Viago had quartz sulphide biotite shearing with visible gold characterising the ore intercepts.
Drilling is now focused on the northern 500 metres within the identified strike length at Viago.