Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Investor Presentation (September 2018)
26 slides from Bellevue Gold's investor presentation, Sep 4, 2018
Slide 1: 500,000oz High-Grade Gold & Growing Rapidly
For personal use only 500,000oz HIGH-GRADE GOLD & GROWING RAPIDLY BELLEVUE GOLD PROJECT | WESTERN AUSTRALIA Follow us @bellevuegold SEPTEMBER 2018 PRESENTATION 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, For personal use only information from its own and third party
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 For personal use only • Maiden Independent JORC Inferred Resource Estimate at the Bellevue Gold Project1 1.9 Mt @ 8.2 g/t gold for 500,000 ounces • 2 x new discoveries so far in record
Slide 4: A New High Grade Gold Discovery
A NEW HIGH GRADE GOLD DISCOVERY ONE OF THE HIGHEST GRADE GOLD PROJECTS For personal use only Bellevue Gold One of the highest grade gold projects • Bellevue Gold Project is one of the highest grade new gold discoveries in recent times in Australia • Significant scope to define further resources in r
Slide 5: Corporate Summary
CORPORATE SUMMARY BUILDING STRONG FOUNDATIONS | FORMALLY DRAIG RESOURCES LIMITED For personal use only ASX Code BGL Current Share Price1 A$0.19 Shares on issue1 402M Market Capitalisation A$76M Management, staff & consultant options/performance rights unlisted 114M Cash (as at June 2018 qtly report)
Slide 6: Board of Directors
BOARD OF DIRECTORS A TRACK RECORD OF DISCOVERIES & CORPORATE SUCCESS For personal use only Non-Executive Director Non-Executive Chairman Executive 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 char
Slide 7: Excellent Location
EXCELLENT LOCATION MAJOR MINING DISTRICT IN WORLD-CLASS JURISDICTION For personal use only 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 • G
Slide 8: Major Gold & Nickel Districts
MAJOR GOLD & NICKEL DISTRICTS WORLD-CLASS GOLD & NICKEL BELTS ADJACENT TO NUMEROUS GOLD PROCESSING PLANTS For personal use only • Bellevue has major landholdings over 4,000km2 within prolific gold & nickel belts (BGL owns 100%) • Major producing gold mines within close proximity to Bellevue’s Projec
Slide 9: Historic Bellevue Gold Mine
HISTORIC BELLEVUE GOLD MINE GRADE IS KING For personal use only Historic Mine Shaft • Bellevue Gold Mine historically produced about BELLEVUE GOLD LTD IS THE 800,000 oz @ 15 g/t gold FIRST COMPANY TO EXPLORE BELLEVUE SYSTEMATICALLY FOR • A century of high grade gold – Bellevue was discovered GOLD US
Slide 10: Historic Bellevue Gold Mine
HISTORIC BELLEVUE GOLD MINE GRADE IS KING For personal use only • 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 CEASED IN 1997 • Formerl
Slide 11: Multiple High-Grade Gold Lodes
MULTIPLE HIGH-GRADE GOLD LODES JUST SCRATCHING THE SURFACE OF A LARGE GOLD SYSYETM - STEPOUT & INFILL DRILLING UNDERWAY For personal use only • 4 kilometre mineralised corridor so far East defined - open along strike • Mineralisation is open at depth • 2 new high grade gold lodes discovered within o
Slide 12: A Significant High-Grade Lode System
A SIGNIFICANT HIGH-GRADE LODE SYSTEM MULTIPLE HIGH-GRADE LODES – FURTHER DISCOVERIES HIGHLY LIKELY North South For personal use only Tribune & Southern Belle resource wireframes Viago Lode OUTSIDE of resource estimate ALL are unmined new Lodes CROSS SECTION LOOKING EAST SHOWING BELLEVUE UNDERGROUND
Slide 13: New High-Grade Viago Lode intersects 4.3 m @ 58.8 g/t gold
New High-Grade Viago Lode intersects 4.3 m @ 58.8 g/t gold OUTSIDE THE CURRENT 500,000oz RESOURE ESTIMATE For personal use only untested North • New Viago Lode Discovery is a shallow / flat dipping Lode. untested • So far 800 metres strike length and open. • Located directly below the historical Bel
Slide 14: Adjacent Existing Underground Workings
ADJACENT EXISTING UNDERGROUND WORKINGS STEP-OUT & INFILL DRILLING UNDERWAY For personal use only • Analogous mineralisation style and host East lithology to the Bellevue Mine • Early quartz veins with subsequent untested deformation and sulphide + gold untested mineralisation • Abundant coarse gold
Slide 15: Bellevue Mine, Viago & Tribune Lodes Are Similar
BELLEVUE MINE, VIAGO & TRIBUNE LODES ARE SIMILAR MINERALISATION IDENTICAL TO HISTORIC BELLEVUE UNDERGROUND ORE For personal use only 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 meta
Slide 16: Bellevue Gold Project 2018
BELLEVUE GOLD PROJECT 2018 GRANTED MINING LICENCES & GEARED UP FOR DISCOVERY SUCCESS IN 2018 For personal use only 3 x Diamond Drill Rigs currently drilling onsite 12 person camp Drill core shed +40,000 metres of stored drill core laydown area Field vehicles ASX:DRG ASX: BGL | 16
Slide 17: Multiple Bellevue Regional Targets
MULTIPLE BELLEVUE REGIONAL TARGETS A HIGHLY PROSPECTIVE LANDHOLDING UNTESTED FOR 20 YEARS For personal use only Kathleen Valley 2m @ 19 g/t from 32m • BELLEVUE NEAR-MINE TARGETS INCLUDE: 5m @ 9.78 g/t from 8m • Tribune Lode discovery. Bellevue Northern extension • Western Mineralised Corridor - a ma
Slide 18: A Large Strategic Ground Position
A LARGE STRATEGIC GROUND POSITION HIGHLY PROSPECTIVE BELLEVUE & SOUTH YANDAL GOLD PROJECTS For personal use only • Bellevue Gold’s land position is over 4,000km2 • Bellevue Gold owns 100% of the Bellevue, Yandal South, Jundee North & Fisher West Gold Projects • All located in close proximity to the
Slide 19: Unlocking the Potential at Bellevue
UNLOCKING THE POTENTIAL AT BELLEVUE FUNDED FOR DISCOVERY DRILLING & RESOURCE DEFINITION For personal use only 3 x drill rigs underway & Now Recent results Qtr 3 ongoing Qtr 3 & 4 Qtr 4 underway 500,000oz @ Tribune Lode Surface & Regional Updated Viago Lode downhole Bellevue & Yandal resource estimat
Slide 20: A Lot Further to Go
A LOT FURTHER TO GO HIGH-GRADE UNDERGROUND MINING OPERATIONS IN WESTERN AUSTRALIA WILL CONTINUE TO GO DEEPER 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 Hi
Slide 21: Bellevue High-Grade Gold
BELLEVUE HIGH-GRADE GOLD Rapidly Discovering New Lodes Within A Significant High-Grade Gold System For personal use only HISTORICALLY ONE OF AUSTRALIA’S HIGHEST GRADE GOLD MINES (~800,000OZ @ 15G/T GOLD). FORGOTTEN FOR 20 YEARS, THE PROJECT HAS NOT BENEFITED FROM MODERN EXPLORATION 8.2g/t 500k oz On
Slide 22: Appendices follow
For personal use only Appendices follow Suite 3, Level 3, 24 Outram Street West Perth| T: + 61 (08) 6424 8077| E: admin@bellevuegold.com.au
Slide 23: Competent Persons Statement
COMPETENT PERSONS STATEMENT For personal use only The information in this presentation that relates to Exploration Results and Exploration Targets is based on information compiled by Mr Shane Hibbird who is a member of the AusIMM, Australian Institute of Geoscientists (AIG) and the Society of Explor
Slide 24: Resource Estimate Bellevue Gold Project
Resource Estimate Bellevue Gold Project For personal use only Maiden independent JORC 2012 resource estimate for the Bellevue Gold Project: 3.5 g/t gold lower cut off, totals rounded to reflect acceptable precision JORC Mineral Resource Estimate Classification Tonnes (Kt) Grade Gold g/t Gold Ounces
Slide 25: Tribune Lode: A High-Grade Discovery at Surface
TRIBUNE LODE: A HIGH-GRADE DISCOVERY AT SURFACE HIGHLY PROSPECTIVE WESTERN MINERALISATION CORRIDOR WEST OF THE HISTORIC BELLEVUE MINE WORKINGS For personal use only • New BGL Tribune Lode discovery located only 300m west of • Mineralised from surface and so far drilled down to only the Bellevue mine
Slide 26: Another New High-Grade Discovery: Just Below Bellevue Mine
ANOTHER NEW HIGH-GRADE DISCOVERY: JUST BELOW BELLEVUE MINE TARGETING THE EXTENSION OF THE HISTORIC HIGH-GRADE BELLEVUE GOLD LODE For personal use only • Bellevue is a very high-grade lode mined underground to only 450 metres below surface. • New Bellevue discovery directly below the historic working
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