Bellevue Gold Ltd (ASX:BGL)’s Steve Parsons updates Proactive on project development which is comfortably online with forecasts as it moves toward first production in the second half next year. The company is 62% through its development timeline, but has completed several important milestones in the development of the Bellevue Gold Project in Western Australia, de-risking the cost, production and cashflow outlook. The company has committed 90% of pre-production costs for project development and has increased probable ore reserves 29% to 1.34 million ounces. Tier-1 contractors have also been appointed. Bellevue one of the highest-grade ore bodies in the world and is forecast to be on the lowest cost gold mines on the planet.
Bellevue Gold is on track for first gold production
