Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Macquarie Mining and Energy Forum June 2020
21 slides from Bellevue Gold's conference presentation, Jun 11, 2020
Slide 1: Developing the 2.2Moz Bellevue Gold Project in WA
For personal use only Developing the 2.2Moz Bellevue Gold Project in WA Average Resource grade of 11.3gpt Economic and development studies underway Immense potential to grow inventory Macquarie Mining and Energy Forum June 2020 Follow us @bellevuego l d www.bellevuegold.com.au
Slide 2: Disclaimer & Cautionary Statements
Disclaimer & Cautionary Statements For personal use only This presentation has been prepared by Bellevue Gold Limited (the Company) and is authorised by the Board of Directors forward looking statements and projections regarding: of Bellevue Gold Limited. • estimated, resources and reserves; DISCLAI
Slide 3: One of Australia's Highest-Grade New Gold Discoveries
ONE OF AUSTRALIA’S HIGHEST-GRADE NEW GOLD DISCOVERIES BELLEVUE GOLD PROJECT – A MAJOR MULTI-MILLION OZ GOLD SYSTEM GROWING RAPIDLY WAS ONE OF AUSTRALIA’S For personal use only 6.1 Mt @ 11.3 g/t for 2.2 Million oz gold1 +3,600 km2 RICHEST GOLD MINES Bellevue Gold Project JORC Inferred Resource Estima
Slide 4: Corporate Summary
CORPORATE SUMMARY ASX:BGL BUILDING STRONG FOUNDATIONS For personal use only Current Share Price A$0.94 ASX Code Market Capitalisation A$641 M BGL ASX 300 (September 2019) Shares on issue 682M Cash1 ~A$37.8 M Management & consultant options & performance rights unlisted 59M (prices from $0.10 - $0.60
Slide 5: Board of Directors
BOARD OF DIRECTORS A TRACK RECORD OF CORPORATE SUCCESS For personal use only Non-Executive Independent Executive Director & Non-Executive Independent Managing Director Non-Executive Independent Director Company Secretary Chairman Mr. Steve Parsons Director Ms. Shannon Coates Mr. Michael Naylor Mr. K
Slide 6: Executive Management Team
EXECUTIVE MANAGEMENT TEAM BUILDING A TEAM WITH A TRACK RECORD OF DISCOVERY THROUGH TO MULTI-MINE PRODUCTION For personal use only GM People and Company Culture Chief Operating Officer Head of Corporate Development Chief Geologist Ms Daina Del Borrello Mr. Craig Jones Mr. Luke Gleeson Mr. Sam Brooks
Slide 7: World-class gold & nickel belts adjacent to numerous gold processing plants
World-class gold & nickel belts adjacent to numerous gold processing plants For personal use only • Excellent infrastructure: • Grid power Norseman Wiluna • Services at Leinster, Leonora and Wiluna belt host +40Moz endowment • Daily flights - Perth to Leinster (only 40km south) • Sealed roads • Wate
Slide 8: Bellevue Gold Project: Outstanding competitive advantages
Bellevue Gold Project: Outstanding competitive advantages For personal use only One of Australia’s highest-grade gold mines, producing 0.8Moz @ 15g/t Au from 1986 – 1997 11.3g/t 2.2Moz GRADE SCALE SIMPLICITY HISTORY CASH One of the highest- A globally Mineralisation can 28km of existing Strong cash
Slide 9: Depth potential: A lot further to go
Depth potential: A lot further to go For personal use only Bellevue Paulsens Jundee Darlot Kanowna Belle Agnew Gwalia surface Bellevue Gold Northern Star Northern Star Red 5 Northern Star Goldfields St Barbara surface ~800koz Historically Historically Historically Historically Historically Historica
Slide 10: Utilising Existing Infrastructure
UTILISING EXISTING INFRASTRUCTURE 2.2 Million OZ @ 11.3 g/t GOLD FROM SURFACE ADJACENT EXISTING UNDERGROUND MINE DEVELOPMENT For personal use only • Over 28,000 metres of existing underground mine development. • De-watering has commenced. • Future drilling from underground will be low cost access an
Slide 11: Multiple High-Grade Lodes from Surface
MULTIPLE HIGH-GRADE LODES FROM SURFACE STEP-OUT EXTENSION DRILLING CONTINUES TO DISCOVER NEW LODES NORTH, SOUTH, WEST, EAST AND AT DEPTH • Typical West Australian Archean lode gold system For personal use only with multiple high-grade lodes. • Early quartz veins with subsequent deformation East and
Slide 12: Bellevue Resource Continuing to Grow
Bellevue Resource Continuing to Grow AFTER 30 YEARS OF NO EXPLORATION BELLEVUE CONTINUES TO GROW • Maiden resource For personal use only for Deacon lode of 410,000oz at 12.3g/t1 • Increases total Bellevue inferred Resource inventory to 2.2Moz @ 11.3g/t gold1 • At least 1,100m of mineralised strike a
Slide 13: First phase of infill targeting Tribune, Vlad and Viago lodes
First phase of infill targeting Tribune, Vlad and Viago lodes PHASE 1 INFILL DRILLING WILL THEN BE FOLLOWED UP WITH A PHASE 2 PROGRAM For personal use only • Infill drilling spaced on a 40m x 40m and 40m x 20m pattern Long Section Looking East 13 www.bellevuegold.com.au
Slide 14: Multiple high-grade lodes – Further discoveries, new conductors
Multiple high-grade lodes – Further discoveries, new conductors DEACON- AN ANALOGUE TO THE ORIGINAL BELLEVUE LODE • Deacon & Mavis - For personal use only New significant gold discovery in first drilling below Bellevue Mine, third new major discovery in 18 months • Large-scale untested DHEM conducto
Slide 15: Near-mine & regional targets: Landholding untested for years
Near-mine & regional targets: Landholding untested for 20 years Kathleen Valley • BELLEVUE NEAR MINE TARGETS INCLUDE: For personal use only Government Well & Palmyra 17m @ 4.2g/t gold from 19m • Viago Lode step-out 2m @ 18.7 g/t gold from 32m 2m @ 22.8 g/t gold from 8m • Tribune Lode step-out Bellev
Slide 16: 2020: Discovery drilling, Resource growth, dewatering and economic studies
2020: Discovery drilling, Resource growth, dewatering and economic studies For personal use only Qtr 1 & 2 Deacon & Mavis Qtr 2 2 - 8 x drill rigs new high-grade Resource updates Dewatering ready for discoveries ready for underground step-out maiden resource & infill resource drilling category Infil
Slide 17: Appendices: Competent Persons' Statement
Appendices COMPETENT PERSONS’ STATEMENT For personal use only Information in this presentation that relates to securities in Bellevue Gold Limited and consents to exploration results and QAQC is based on, and the inclusion in this announcement of all technical fairly represents, information and supp
Slide 18: A Rapidly Growing Multi-Million Oz High-Grade Gold Discovery
A RAPIDLY GROWING MULTI-MILLION OZ HIGH-GRADE GOLD DISCOVERY MULTIPLE DRILL RIGS TURNING WITH LOW DISCOVERY COSTS For personal use only 2.5 Gold Resource 25,000 All Drilling Ever 2.2 Moz @ 11.3 g/t (24/2/20) Undertaken at the Bellevue Gold 2.2 Moz Project: 2 20,000 1980-1996 JORC Resources Moz Au 1.
Slide 19: Multi-Million Ounce High-Grade Gold System
MULTI-MILLION OUNCE HIGH-GRADE GOLD SYSTEM GROWING RAPIDLY ALONG STRIKE & AT DEPTH For personal use only 0.8 Million oz @ 15 g/t gold mined from 1986 to 1997 & 2.2 Million oz @ 11.3 g/t gold current Inferred resources1 • A world class multi-million oz Multiple new discovery targets Archean lode gold
Slide 20: Deacon & Mavis High-Grade Lode Discovery
DEACON & MAVIS HIGH-GRADE LODE DISCOVERY ANOTHER LODE DISCOVERED RECENTLY BENEATH THE HISTORIC BELLEVUE MINE For personal use only • New major high-grade gold discovery with Bellevue-style quartz-sulphide-gold mineralisation. Cross section looking north showing ALL drilling • Drill results include:
Slide 21: Current Resource Estimate Bellevue Gold Project
Current Resource Estimate Bellevue Gold Project Independent JORC 2012 resource estimate for the Bellevue Gold Project (ASX 24 February 2020): 3.5 g/t gold lower cut-off, totals rounded to reflect acceptable precision For personal use only JORC 2012 Inferred resource estimate at selected lower cut-of
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