Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Non-Deal Roadshow (September 2023)
27 slides from Bellevue Gold's roadshow presentation, Sep 12, 2023
Slide 1: North American Roadshow
For personal use only North American Roadshow High-grade Bellevue Gold Project in WA Building Australia’s next Major Gold Mine September 2023
Slide 2: Disclaimers & Compliance Statements
Disclaimers & Compliance Statements This Presentation has been prepared by Bellevue Gold Limited (Company or Bellevue) (ASX: BGL) and is authorised by the Managing Director and Chief Executive Officer of Bellevue Gold Limited. DISCLAIMER This Presentation has been prepared by the Company based on in
Slide 3: Disclaimers & Compliance Statements
Disclaimers & Compliance Statements JORC COMPLIANCE STATEMENTS 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 (JORC
Slide 4: Bellevue Gold FY24 Focus
Bellevue Gold FY24 Focus Unlocking a globally significant high-grade, high margin, growth focused, long life gold project in Australia Toll treatment production commenced On track to achieve first gold production at Bellevue Gold Project in 4Q CY 2023 For personal use only Achieve First Gold D
Slide 5: Board and management – a proven team of mine builders
Board and management – a proven team of mine builders Darren Stralow Mining Engineer 20yrs' experience Managing Director Previous role of Chief Development Officer and GM of Operations Investment Banking & CEO at Northern Star Resources (NST) For personal use only 35yrs' experience Led integ
Slide 6: Rapid pathway from discovery to first gold
Rapid pathway from discovery to first gold Typical timeline from discovery to production is up to 15yrs*, BGL will achieve production in 6yrs Since June 2020 the predominant focus has been on converting the existing 3.1Moz Resource into the mine plan Production Reserve and Mine Life BGL’s shar
Slide 7: Sustainability is core to BGL’s vision and purpose
Sustainability is core to BGL’s vision and purpose Vision To be a sustainable gold mining company that enriches our shareholders, community and people To create a high-performance organisation that delivers superior shareholder value, positive ESG outcomes and an environment for our people to Purpos
Slide 8: Project delivery, final stages of execution
Project delivery, final stages of execution 3On years offor track underground mining, commissioning construction in the Decembernearing quarter:completion significant Project: On track for first gold in Dec 2023 Qtr For personal use only Toll treatment production commenced Processing Bellevue
Slide 9: Growth Story
For personal use only Growth Story • Exceptional grade in recent grade control infill drilling • Underground development creates platform for further exploration • Deposit remains open along strike, at depth and down plunge • Plant designed for increased throughput
Slide 10: Vrify 3D presentation
Vrify 3D presentation – play here For personal use only 10 https://vrify.com/beta/editor/decks/14173
Slide 11: Upper Armand grade control
Upper Armand- currently production drilling and stoping Upper Armand Grade Control Armand Main 1.6m @ 142.5 g/t gold 2024FY High-grade Mining Area 7.3m @ 26.9 g/t gold 5.4m @ 14.0 g/t gold 3.7m @ 46.7 g/t gold 4.9m @ 59.7 g/t gold 1.5m @ 20.9g/t 4.9m @ 91.5 g/t gold 7.7m @ 26.3 g/t gold 3.7m @ 28.4g
Slide 12: Deacon Main North
Deacon Main North 2024FY High-grade Mining Area 8.1m @ 9.4g/t 5.7m @ 26.0g/t 7.7m @ 8.0g/t 0.3m @ 269.9g/t 14.4m @ 15.4g/t 4.9m @ 15.4g/t 6.5m @ 5.5g/t 6.4m @ 9.7g/t Deacon Decline For personal use only 14.0m @ 49.4g/t 8.5m @ 4.1g/t 4.2m @ 48.7g/t 6.5m @ 27.2g/t 11.6m @ 2.6g/t 12.7m @ 2.7g/t 4.5m @
Slide 13: New easterly dipping lode defined in grade control
New easterly dipping lode defined in grade control North Completed Development August 2023 New footwall Lode For personal use only Upper Armand- currently production drilling and stoping New easterly dipping zone 2.6m @ 37.3 g/t Grade control intersected 5.7m @ 36.3 g/t previously unknown ore shoo
Slide 14: High-grade ore reached at Bellevue South
High-grade Bellevue South ore reached at Bellevue South 2024FY High-grade Mining Area 1095 Level Development For personal use only For drilling results refer to ASX announcement dated 3 August 2023 Grade control completed - in development +ve reconciliation with the block 1.9m @ 99.2 g/t gold
Slide 15: Exploiting the competitive exploration advantage
Exploiting the competitive exploration advantage Conductive mineralisation drives more efficient discovery and target appraisal Several areas highlight the potential for future Resource growth with further drilling For personal use only Fracture Fill Sulphide Network outside of known Resource ar
Slide 16: 15km of development creates platform for exploration growth
15km of development creates platform for exploration growth Gentle southerly plunge to the south associated with fold hinge plunge and high-grade, high pyrrhotite ore Completely OPEN and untested to south except for historic 250m spaced drilling Every hole on the 250m spacing has significant g
Slide 17: Deep holes confirm 3.1Moz system is OPEN
Deep holes confirm 3.1Moz system is OPEN Bellevue Shear Repeated system open at depth 1.4Moz For personal use only Parallel structure at depth in deep EIS funded drilling 1.6m @ 9.3 g/t gold in new structure at Deacon Shear depth 1.4Moz Flat Viago analogue targets at Lucien No drill testing
Slide 18: Future proof- Designed for growth >1.0Mtpa
Future proof- Designed for growth >1.0Mtpa Future additional CIL capacity Fine Ore Bin (FOB) For personal use only CIL Tanks Ball Mill Current mill capacity 1.0Mtpa Screen deck Gold Room Thickeners Oversized Crusher Circuit (1.7 Mtpa) Simple throughput increase to 1.2Mtpa – no further capital outl
Slide 19: First Gold in Dec 2023 Qtr
For personal use only First Gold in Dec 2023 Qtr
Slide 20: September 2022
For personal use only September 2022 2
Slide 21: September 2023
For personal use only September 2023 21
Slide 22: Remaining tasks to first gold
Remaining tasks to first gold Mill drive train alignment complete – Sept 2023 Piping and electrical installation - Sept 2023 quarter For personal use only First fill reagents and grinding media – Sept 2023 quarter Commissioning team on site from first week of August 2023 Post-commissioning Bel
Slide 23: Bellevue South production area now in ore development
Bellevue South production area now in ore development Armand 1251 100 Armand 1241 400 Pre-production development reached at second work area, ore development now underway at Upper Armand, Bellevue South and Marceline For personal use only Bellevue South development in exceptional grade and outpe
Slide 24: Grade control drilling; high-grade lodes
Deacon Grade control drilling; high-grade lodes Mining Area 14.0m @ 49.4 g/t gold 10.9m @ 20.5 g/t gold 14.4m @ 15.4 g/t gold 6.5m @ 27.2 g/t gold 5.7m @ 26.0 g/t gold 7.3m @ 20.3 g/t gold 8.8m @ 14.5 g/t gold Paris Portal 0.3m @ 269.9 g/t gold For personal use only Marceline Mining Area 1.8m @ 123.
Slide 25: Investment highlights
Investment highlights For personal use only World class potential Resource Growth Production Growth ESG Leader Re-Rate Potential Forecast to be a Current underground 1mtpa plant Project is forecast Significant potential for top-20 Australian development creates designed for to have the lowest a valu
Slide 26: Appendix
For personal use only Appendix
Slide 27: Mineral Resource and Ore Reserve Estimates
Mineral Resource and Ore Reserve Estimates INDEPENDENT JORC 2012 RESERVE ESTIMATES FOR THE BELLEVUE GOLD PROJECT (Current June 2022) Tonnes Grade Contained Ounces Ore Reserve (Mt) (g/t Au) (Moz) Probable High Grade Underground Ore Reserve 4.5 7.9 1.14 For personal use only Probable Low Grade Undergr