Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Precious Metals Forum - Beaver Creek Virtual Conference (September 2020)
27 slides from Bellevue Gold's conference presentation, Sep 16, 2020
Slide 1: Precious Metals Forum - Beaver Creek Virtual Conference
For personal use only Precious Metals Forum- Beaver Creek Virtual Conference Developing the high-grade 2.3Moz Bellevue Gold Project in WA 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 cause the Company's actual results, events, prospects and opportunities to differ materially from those expressed or Directors of Bell
Slide 3: Disclaimer & Cautionary Statements
Disclaimer & Cautionary Statements For personal use only JORC CODE It is a requirement of the ASX Listing Rules that the reporting of ore reserves and mineral resources in Australia comply with the Joint Ore Reserves Committee’s Australasian Code for Reporting of Mineral Resources and Ore Reserves (
Slide 4: Corporate Summary
CORPORATE SUMMARY BUILDING STRONG FOUNDATIONS For personal use only Current Share Price A$1.10 ASX Code BGL ASX 300 (September 2019) Market Capitalisation A$928m Shares on issue 840m Cash1 ~ A$151m Management & consultant options & performance rights unlisted 39m (prices from $0.10 - $0.60) Top 20 S
Slide 5: Investment Highlights
Bellevue Gold Ltd (ASX: BGL) Investment Highlights An ASX300 Company Recent A$135m equity raising aimed at exploiting the project’s competitive advantages to accelerate For personal use only development and expansion of the high-grade Bellevue Gold Project Underground portal works commencing at the
Slide 6: Tier 1 location in world-class gold belt
Tier 1 location in world-class gold belt For personal use only Excellent infrastructure: • Services at Leinster, Leonora and Wiluna ✓ Historically significant gold producing region: ✓ • Major gold deposits & producing gold • Daily flights - Perth to Leinster (only 40km mines in proximity to Bellevue
Slide 7: Depth Potential of Archean Gold Systems: A lot further to go
Depth Potential of Archean Gold Systems: A lot further to go Darlot Gwalia For personal use only Bellevue Jundee Kanowna Belle Agnew Bellevue Gold Northern Star Red 5 Northern Star Goldfields St Barbara surface (previously Goldfields) surface ~800koz historically Historically Historically Historical
Slide 8: A rapidly growing, multi-million ounce high-grade gold deposit
A rapidly growing, multi-million ounce high-grade gold deposit Resource For personal use only Update 7/07/20 2.3Moz Dual exploration and development strategy Resource Update at 10.0g/t 50,000 24/02/20 2.5 2.2Moz Resource Update at 11.3g/t 45,000 Resource Update • Maiden Indicated Resource of 860,000
Slide 9: Peer comparison of grade and ounces
Moz - 5 10 20 25 30 15 For personal use only Bellevue 10.0 (Bellevue Gold) Goldrush (Barrick) Hardrock (Centerra) Upper Canada (Agnico Eagle) Donlin (Barrick) Alturas (Barrick) Juby (Caldas Gold) First quartile jurisdiction Cote Third quartile jurisdiction Fourth quartile jurisdiction (IAMGOLD) Seco
Slide 10: Bellevue dual exploration and development strategy
Bellevue dual exploration and development strategy Maiden Indicated Resource combined with successful equity raising enables Bellevue to pursue the planned dual For personal use only exploration and Reserve development strategy to accelerate project development in parallel with continued growth thro
Slide 11: Low capital intensive exploration and development
Low capital intensive exploration and development The $20m investment into re-establishing access will utilise existing infrastructure to accelerate development and For personal use only reduce overall capital intensity of development and drilling • Existing Infrastructure - Over 28km of existing un
Slide 12: Exploration from underground a game changer
Exploration from underground a game changer Part of the $35m exploration spend will utilise existing infrastructure to accelerate exploration and significantly reduce For personal use only capital intensity of the exploration spend; $40m of development capital will give early access to high grade ar
Slide 13: Stage two drilling underway to grow maiden Indicated Resource
Stage two drilling underway to grow maiden Indicated Resource Indicated Resource (860koz at 11.6g/t) located (in blue) within existing discoveries; in close proximity to underground For personal use only infrastructure, with all Resources remaining open Entire Bellevue system is untested at depth be
Slide 14: Global Resource growth and new discovery potential
Global Resource growth and new discovery potential For personal use only Existing Resources open in all directions as well as a range of exciting Kathleen Valley Government Well & Palmyra greenfield opportunities 17m at 4.2g/t gold from 19m 2m at 18.7 g/t gold from 32m 2m at 22.8 g/t gold from 8m Be
Slide 15: Conclusion: Exploiting our competitive advantages
Conclusion: Exploiting our competitive advantages For personal use only One of Australia’s highest-grade gold mines, with exciting exploration potential and an accelerated development timeline 10.0g/t 2.3Moz GRADE SCALE GROWTH LOW CAPITAL CASH One of the highest- A globally significant Further upsid
Slide 16: Appendices
For personal use only Appendices Follow us @bellevuego l d www.bellevuegold.com.au
Slide 17: Current development timetable
1 Current development timetable Equity raising provides funding and flexibility to accelerate development and activities at Bellevue For personal use only with a view to finalising economic studies in Q1 2021 Calendar Year 2020 Calendar Year 2021 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul A
Slide 18: Board of Directors
BOARD OF DIRECTORS A TRACK RECORD OF CORPORATE SUCCESS For personal use only Non-Executive Independent Director Executive Director & Non-Executive Independent Managing Director Non-Executive Independent Director Ms. Shannon Coates Company Secretary Chairman Mr. Steve Parsons Ms. Fiona Robertson Mr.
Slide 19: 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 20: Bellevue Gold - Values and Vision
Bellevue Gold - Values and Vision “To create a standout gold mining & exploration company that is an industry benchmark” At Bellevue we believe we have a unique opportunity to develop a standout gold mining company that is the For personal use only benchmark for others to be measured against. We bel
Slide 21: ESG & the opportunity to be 'best in class' corporate citizens
ESG & the opportunity to be ‘best in class’ corporate citizens BGL is evaluating all options on the pathway to development For personal use only - Smart blasting - Use of renewable electricity (solar, Climate consideration examples: - Energy efficient grinding wind) to power operations - Bushfires -
Slide 22: Bellevue Gold's Pathway to production in the new world
Bellevue Gold’s Pathway to production in the new world ESG a driving factor in all decision making For personal use only Forecast pollutants and emissions to determine if Climate considerations for NPI or NGER thresholds new infrastructure, efficiency TCFD phase 3: triggered. Report if options and f
Slide 23: Key De-risking Events
Key De-risking Events A pathway to realising and unlocking shareholder value For personal use only KEY DE-RISKING EVENTS ACHIEVED ON THE PROJECT TO DATE ►Key Building Blocks and achievements ✓ Demonstrate the quality of the asset – drill out a maiden Indicated Resource ✓ Demonstrate standout explora
Slide 24: Bellevue Project Works for Underground Access
Bellevue Project Works for Underground Access For personal use only CAT R2900 Loader has arrived on site in preparation for underground works. Surface Magazines being installed in preparation for underground re-entry works Power generation ready for underground and surface requirements. Ground suppo
Slide 25: Resource Estimate Bellevue Gold Project
Resource Estimate Bellevue Gold Project Independent JORC 2012 resource estimate for the Bellevue Gold Project (ASX 7 July 2020): 3.5 g/t gold lower cut-off, totals rounded to reflect acceptable precision For personal use only Indicated Inferred Tonnes (Mt) Grade Gold Tonnes (Mt) Grade Gold (g/t) (Mo
Slide 26: Global Development Peers Data Set
Global Development Peers* Data Set For personal use only Quartile 1 Quartile 2 Study Combined Grade Study Combined Grade Deposit (Developer) Reporting Code Reserves M+I (Moz) Inferred (Moz) Deposit (Developer) Reporting Code Reserves M+I (Moz) Inferred (Moz) Status (g/t) Status (g/t) Bellevue Maiden
Slide 27: Global Development Peers Data Set
Global Development Peers* Data Set For personal use only Quartile 3 Reporting Study Combined Grade Combined Grade Deposit (Developer) Reserves M+I (Moz) Inferred (Moz) Deposit (Developer) Reporting Code Study Status Reserves M+I (Moz) Inferred (Moz) Code Status (g/t) (g/t) Evander Adumbi SAMREC BFS
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