Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Non-Deal Roadshow (November 2023)
23 slides from Bellevue Gold's roadshow presentation, Nov 13, 2023
Slide 1: East Coast Roadshow - Bellevue Gold - In Production
For personal use only East Coast Roadshow Bellevue Gold - In Production November 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 - JORC
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 gold project in Australia First Gold poured 25 October 2023 on time and on budget Commissioning now underway in the December 2023 Qtr to 1Mtpa run rate For personal use only Commissioning Operatio
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: First Gold poured; commissioning ramp up to 1Mtpa
First Gold poured; commissioning ramp up to 1Mtpa On First track for commissioning Gold poured on in 25 the Oct December 2023quarter: On time and on budget For personal use only Processing & Commissioning Practical completion of processing facility achieved Commissioning underway this Qtr
Slide 7: 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 8: Four independent mining areas in development
Four independent mining areas in development Deacon Main 1058 200 Bellevue 1095 200 Four independent mining areas now in ore development with multiple development levels Production drilling and stoping underway at For personal use only Bellevue South and Armand 129.0 g/t 110.2 g/t 35.0 g/t 10.4
Slide 9: Stoping ramping up; excellent performance to date
Stoping ramping up; excellent performance to date Ramp-up continues with >10 stopes completed from two stoping areas Cavity monitoring of voids to date highlight favourable stoping For personal use only conditions Minimum widths achieved Target dilution parameters achieved Good fragmentati
Slide 10: 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 11: Vrify 3D presentation
Vrify 3D presentation – play here For personal use only https://vrify.com/beta/editor/decks/14614
Slide 12: 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 gold Grade control intersected 5.7m @ 36.3 g/t gold previously unknow
Slide 13: 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 14: 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 15: 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 16: Future proof - Designed for growth >1.0Mtpa
Future proof- Designed for growth >1.0Mtpa ROM Pad Screen deck Oversized Crushing Fine Ore Bin (FOB) Circuit (1.7 Mtpa) For personal use only Ball Mill Current mill capacity 1.0Mtpa Workshop Thickeners CIL Tanks Future additional CIL capacity Gold Room Simple throughput increase to 1.2Mtpa – no fu
Slide 17: Investment highlights
Investment highlights For personal use only World class Resource Production ESG Leader Re-Rate potential Growth Growth 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 18: Appendix
For personal use only Appendix
Slide 19: 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 20: 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
Slide 21: JORC Table 1: Sampling techniques
JORC Table 1: Sampling techniques Criteria JORC Code explanation Commentary Sampling Techniques • Nature and quality of sampling (eg. cut channels, random chips, or specific specialized industry standard • Face channel sampling was conducted with a geopick at the ore face. measurement tools appropri
Slide 22: JORC Table 1: Quality of Assay Data and Laboratory Tests
Criteria JORC Code explanation Commentary Quality of Assay Data and Laboratory Tests • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique • Assaying and laboratory procedures used are NATA certified techniques for gold. Samples were prepa
Slide 23: JORC Table 1: Reporting of Exploration Results
JORC Table 1: Reporting of Exploration Results Criteria JORC Code explanation Commentary Mineral Tenement and Land Tenure Status • Type, reference name/number, location and ownership including agreements or material issues with third parties • The Bellevue Gold Project consists of three granted mini