Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Sydney Resource Roundup Conference 2019
31 slides from Bellevue Gold's conference presentation, May 9, 2019
Slide 1: 1.53 Million oz @ 11.80 g/t gold
1.53 Million oz @ 11.80 g/t gold A RAPIDLY GROWING HIGH-GRADE GOLD DISCOVERY BELLEVUE GOLD PROJECT | WESTERN AUSTRALIA Follow us @bellevuegold May 2019 - Sydney Resource Roundup Conference WWW.BELLEVUEGOLD.COM.AU | ASX: BGL
Slide 2: Cautionary Statements and Disclaimer
DISCLAIMER CAUTIONARY STATEMENTS AND DISCLAIMER DISCLAIMER This presentation has been prepared by Bellevue Gold Limited (the Company) based on and risks that cause actions, events or results not to be anticipated, estimated or intended, information from its own and third party sources and is not a d
Slide 3: One of the Highest Grade New Gold Discoveries in Australia
ONE OF THE HIGHEST GRADE NEW GOLD DISCOVERIES IN AUSTRALIA BELLEVUE GOLD PROJECT – A MAJOR MINERALISED GOLD SYSTEM GROWING RAPIDLY • Updated Independent JORC Inferred Resource Estimate, Bellevue Gold Project1 4.0 Mt @ 11.8 g/t gold for 1,530,000 oz BELLEVUE GOLD MINE WAS • Adjacent existing historic
Slide 4: A Standout High Grade Gold Project in Australia
A STANDOUT HIGH GRADE GOLD PROJECT IN AUSTRALIA ONE OF THE HIGHEST GRADE GOLD PROJECTS Note: one deposit higher @ ~60g/t gold Viago Lode Resource Grade 22.0g/t gold • Bellevue Gold Project is one of the highest grade new gold discoveries in recent times in Australia. • Viago Lode is one of the highe
Slide 5: Rapid Resource Growth
RAPID RESOURCE GROWTH MULTIPLE DRILL RIGS TURNING WITH LOW DISCOVERY COSTS AT LESS THAN A$15 oz Updated 25,000 Resource 2nd Qtr 2019 1.53 Moz 20,000 updated resource Forecast Qtr 1 2019 Drilling 5/2/2019 1.04 Moz Drill metres per quarter 15,000 updated resource 22/10/2018 0.5 Moz maiden resource 10,
Slide 6: Corporate Summary
CORPORATE SUMMARY BUILDING STRONG FOUNDATIONS ASX Code BGL Current Share Price A$0.56 Shares on issue1 488M Market Capitalisation A$273.2M Management, staff & consultant Cash2 ~A$28.6M options/performance rights unlisted 125M (prices from $0.035 - $0.40) Top 20 Shareholders1 ~ 60% Shareholder Summar
Slide 7: Board of Directors
BOARD OF DIRECTORS A TRACK RECORD OF DISCOVERIES & CORPORATE SUCCESS Executive Director Non-Executive Chairman Managing Director & Company Secretary Mr. Ray Shorrocks Mr. Steve Parsons Mr. Michael Naylor Ray has more than 20 years’ Steve is an experienced Michael is a chartered experience in corpora
Slide 8: Bellevue Gold Summary Video
BELLEVUE GOLD SUMMARY VIDEO PLEASE CLICK ON THE VIDEO LINK CLICK ON THE LINK TO VIEW THE BELLEVUE GOLD PROJECT SUMMARY VIDEO https://youtu.be/jHJoXbacwTs ASX: BGL | 8
Slide 9: Excellent Location
EXCELLENT LOCATION MAJOR MINING DISTRICT IN WORLD-CLASS JURISDICTION Onsite at Bellevue • Excellent infrastructure mining license • Grid power. • Services at Leinster, Leonora & Wiluna. • Flights, Perth to Leinster (40km south). • Sealed roads. • Water. • Significant landholding. • Granted Mining Li
Slide 10: Major Gold & Nickel Districts
MAJOR GOLD & NICKEL DISTRICTS WORLD-CLASS GOLD & NICKEL BELTS ADJACENT TO NUMEROUS GOLD PROCESSING PLANTS • Bellevue has major landholdings over 3,600km2 within prolific gold & nickel belts (BGL owns 100%). • Major producing gold mines within close proximity to Bellevue’s Projects: • Darlot (Goldfie
Slide 11: Historic Bellevue Gold Mine
HISTORIC BELLEVUE GOLD MINE A MAJOR HISTORICAL GOLD PRODUCER Historic Mine Shaft BELLEVUE GOLD LTD IS THE FIRST COMPANY TO • Bellevue Gold Mine historically produced about EXPLORE BELLEVUE 800,000 oz @ 15 g/t gold. SYSTEMATICALLY FOR GOLD USING MODERN TECHNIQUES IN NEARLY • A century of high grade g
Slide 12: Historic Bellevue Gold Mine
HISTORIC BELLEVUE GOLD MINE SIGNIFICANT GOLD PRODUCTION 1986 – 1997 BEFORE IT CLOSED • Historically produced ~100,000oz pa gold LOM. • 260kt pa processing plant (onsite). UNDERGROUND • Mine head grade ~ 15g/t gold. MINING OPERATIONS AND PROCESSING • Excellent metallurgical recoveries of 97.5%. PLANT
Slide 13: Existing Infrastructure
Existing Infrastructure 1,530,000 oz @ 11.8g/t gold inferred resources from surface adjacent existing mine development 28,000 metres of existing underground mine development main ventilation shaft Paris Pit and Decline Bellevue Surrounds Lode To Western Corridor Lodes 710,000 oz @ 9.6 g/t gold 270,0
Slide 14: Multi-Million Ounce Gold System
MULTI-MILLION OUNCE GOLD SYSTEM GROWING RAPIDLY ALONG STRIKE & AT DEPTH 800,000 oz @ 15 g/t gold mined from1986 to 1997 and 1,530,000 oz @ 11.8 g/t gold current inferred resources • A world class multi-million oz Archean lode gold system. • 4 kilometre mineralised corridor so far defined. • open alo
Slide 15: High-Grade Viago Lode
HIGH-GRADE VIAGO LODE 0.8 Mt @ 22.0 g/t gold for 550,000 oz gold inferred4 • Viago Lode remains open - currently drilling north & south along strike. • Recent step-out extensional drill results outside of the current resource include: 2.6 m @ 15.4 g/t gold4 - Viago north discovery 2.4 m @ 15.4 g/t g
Slide 16: High-Grade Tribune Lode
HIGH-GRADE TRIBUNE LODE SIGNIFICANT HIGH-GRADE GOLD DRILL RESULTS OUTSIDE THE CURRENT RESOURCE • Tribune Lode remains open and is currently being drilled to the north & south along strike. • Recent step-out extensional drill results outside of the current resource include: 6.0 m @ 24.9 g/t gold from
Slide 17: A Significant High-Grade Lode System
A SIGNIFICANT HIGH-GRADE LODE SYSTEM MULTIPLE HIGH-GRADE LODES – FURTHER DISCOVERIES HIGHLY LIKELY North South All resource wireframes are In close proximity to historic mining development . North ALL resources are unmined. South All resources are open. 500m LONG SECTION LOOKING EAST SHOWING BELLEVU
Slide 18: Resources Are Adjacent Underground Development
RESOURCES ARE ADJACENT UNDERGROUND DEVELOPMENT STEP-OUT EXTENSION DRILLING UNDERWAY WITH FOUR DIAMOND CORE RIGS East • Analogous mineralisation style and host lithology to the Bellevue Mine. • Early quartz veins with subsequent deformation and sulphide + gold mineralisation. • Abundant coarse gold a
Slide 19: Significant Potential to Extend High-Grade Lode System
SIGNIFICANT POTENTIAL TO EXTEND HIGH-GRADE LODE SYSTEM DRILL TESTING DEPTH EXTENSIONS STARTING QTRS 2 & 3 2019 North South North South Bellevue Surrounds Lodes Tribune Lode Open Open Southern Belle Lode Open Open Open Viago Lode 500m Open Bellevue Gold Project: 800,000 oz @ 15 g/t gold mined from 19
Slide 20: Multiple High-Grade Gold Lodes
MULTIPLE HIGH-GRADE GOLD LODES JUST SCRATCHING THE SURFACE OF A LARGE GOLD SYSTEM - STEPOUT & INFILL DRILLING ONGOING East • 4 kilometre mineralised corridor so far defined. • Mineralisation is open. • Hardly any drill holes. Bellevue Surrounds • Multiple high grade gold lodes discovered within a ma
Slide 21: Bellevue Mine, Viago & Tribune Lodes
BELLEVUE MINE, VIAGO & TRIBUNE LODES MINERALISATION IDENTICAL TO HISTORIC BELLEVUE UNDERGROUND ORE TRIBUNE LODE • Lode quartz veins with sulphides (pyrrhotite) + visible 2.5m @ 29.0g/t & gold mineralisation. 3.8m @ 5.2g/t gold HOLE DRD020 (22 MAR 18) • Excellent metallurgical test results up to 98.8
Slide 22: Bellevue Gold Project 2019
BELLEVUE GOLD PROJECT 2019 GRANTED MINING LICENCES & GEARED UP FOR DISCOVERY SUCCESS IN 2019 4 x Diamond Drill Core Rigs currently drilling onsite 24 person camp Drill core shed +40,000 metres of stored drill core laydown area Field vehicles ASX:DRG ASX: BGL | 22
Slide 23: Multiple Bellevue Regional Targets
MULTIPLE BELLEVUE REGIONAL TARGETS A HIGHLY PROSPECTIVE LANDHOLDING UNTESTED FOR 20 YEARS Kathleen Valley 2m @ 19 g/t from 32m • BELLEVUE MINE TARGETS INCLUDE: 5m @ 9.78 g/t from 8m • Tribune Lode step-out. Bellevue Northern extension • Viago Lode step-out. 11m @ 6.5 g/t from 35m 2m @ 5.6 g/t from 6
Slide 24: A Large Strategic Ground Position
A LARGE STRATEGIC GROUND POSITION HIGHLY PROSPECTIVE BELLEVUE & SOUTH YANDAL GOLD PROJECTS • Bellevue Gold’s land position is over 3,600km2. • Bellevue Gold owns 100% of the Bellevue, Yandal South, Jundee North & Fisher West Gold Projects. • All located in close proximity to the Bellevue Gold Projec
Slide 25: Unlocking the Potential at Bellevue
UNLOCKING THE POTENTIAL AT BELLEVUE FUNDED FOR DISCOVERY DRILLING & RESOURCE DEFINITION Qtr 2 & 3 Now Qtr 2 & 3 Qtr 2 & 3 Deeper Bellevue Qtr 2 2019 4 x drill rigs Geophysics 1.53 million oz @ Targeting Targeting Updated 11.8g/t gold Ongoing surface deeper drill testing Viago, Bellevue & resource es
Slide 26: A Lot Further to Go
A LOT FURTHER TO GO HIGH-GRADE UNDERGROUND MINING OPERATIONS IN WESTERN AUSTRALIA WILL CONTINUE TO GO DEEPER 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 Produced Hi
Slide 27: Bellevue High-Grade Gold
BELLEVUE HIGH-GRADE GOLD Rapidly Growing A Significant High-Grade Gold System ONE OF AUSTRALIA’S HIGHEST GRADE GOLD MINES PRODUCING 800,000 oz @ 15 g/t GOLD FROM 1986 – 1997 BELLEVUE GOLD LTD IS RAPIDLY CREATING SHAREHOLDER VALUE THROUGH DRILL METRES & CONSISTANT RESOURCE GROWTH 11.8 1.53 13 g/t Moz
Slide 28: Appendices follow
Photo April 2019: Senior Wati from the Western Desert invited Bellevue Gold to a cultural event on Country with senior Wati & senior elders of Tjiwarl Appendices follow Suite 3, Level 3, 24 Outram Street West Perth| T: + 61 (08) 6424 8077| E: admin@bellevuegold.com.au
Slide 29: Competent Persons Statement
COMPETENT PERSONS STATEMENT Information in this half year report that relates to Exploration Results is based on and fairly represents information and supporting documentation prepared by Mr Shane Hibbird. Mr Hibbird is a full-time employee of Bellevue Gold and is a member of the AusIMM, Australian
Slide 30: Building Global Analyst Coverage
BUILDING GLOBAL ANALYST COVERAGE Analyst Company Analyst Name Contact Details Macquarie Bank Ben Crowley Ben.Crowley@macquarie.com Canaccord Genuity Tim McCormack tim.mccormack@canaccord.com.au Paterson's Securities Limited Xavier Braud XBraud@psl.com.au Sprott Capital Partners Brock Salier bsalier@
Slide 31: Resource Estimate Bellevue Gold Project
Resource Estimate Bellevue Gold Project Independent JORC 2012 resource estimate for the Bellevue Gold Project (ASX 22 October 2018): 3.5 g/t gold lower cut off, totals rounded to reflect acceptable precision JORC Mineral Resource Estimate Classification Tonnes (Mt) Grade Gold g/t Gold Ounces Inferre
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