Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Resources Rising Stars Virtual Investor Forum May 2020
31 slides from Bellevue Gold's conference presentation, May 13, 2020
Slide 1: A Rapidly Growing High-Grade Gold Discovery
For personal use only 2.2 Million oz @ 11.3 g/t gold A RAPIDLY GROWING HIGH-GRADE GOLD DISCOVERY ASX 300 BELLEVUE GOLD PROJECT | WESTERN AUSTRALIA Fol l ow us @bel l ev uegol d May 2020 Res our ces Ris ing Star s Vir tual Inves tor For um WWW.BELLEVUEGOLD.COM.AU | ASX: BGL
Slide 2: Cautionary Statements and Disclaimer
DISCLAIMER CAUTIONARY STATEMENTS AND DISCLAIMER This presentation has been prepared by Bellevue Gold Limited (the Company) and is authorised by Company’s public filings. There can be no assurance that the forward-looking statements will prove the Board of Directors of Bellevue Gold Limited. to be ac
Slide 3: One of Australia's Highest-Grade New Gold Discoveries
ONE OF AUSTRALIA’S HIGHEST-GRADE NEW GOLD DISCOVERIES BELLEVUE GOLD PROJECT – A MAJOR MULTI-MILLION OZ GOLD SYSTEM GROWING RAPIDLY For personal use only +3,600 km2 WAS ONE OF AUSTRALIA’S 6.1 Mt @ 11.3 g/t for 2.2 Million oz gold1 strategic landholding RICHEST GOLD MINES Bellevue Gold Project JORC In
Slide 4: Rapidly Growing a Globally Significant High-Grade Gold System
BELLEVUE HIGH-GRADE GOLD RAPIDLY GROWING A GLOBALLY SIGNIFICANT HIGH-GRADE GOLD SYSTEM For personal use only BELLEVUE GOLD IS RAPIDLY CREATING SHAREHOLDER VALUE THROUGH DRILL METRES & CONSISTANT RESOURCE GROWTH THE PROJECT HAS A HOST OF COMPETITIVE ADVANTAGES ONE OF AUSTRALIA’S HIGHEST-GRADE GOLD MI
Slide 5: Bellevue Has a Lot Further to Go
BELLEVUE HAS 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 surfa
Slide 6: Corporate Summary
CORPORATE SUMMARY ASX:BGL BUILDING STRONG FOUNDATIONS For personal use only Current Share Price A$0.58 ASX Code BGL Market Capitalisation A$395 M ASX 300 (September 2019) Shares on issue 682M Cash2 ~A$38 M Management & consultant options & performance rights unlisted 49M (prices from $0.10 - $0.60)
Slide 7: A Rapidly Growing Multi-Million Oz High-Grade Gold Discovery
A RAPIDLY GROWING MULTI-MILLION OZ HIGH-GRADE GOLD DISCOVERY MULTIPLE DRILL RIGS TURNING WITH LOW DISCOVERY COSTS For personal use only 2.5 Gold Resource 25,000 2.2 Moz @ 11.3 g/t (24/2/20) All Drilling Ever 2.2 Undertaken at the 2 Moz 20,000 Bellevue Gold Project: 1980-1996 JORC Resources Moz Au 1.
Slide 8: Board of Directors
BOARD OF DIRECTORS A TRACK RECORD OF CORPORATE SUCCESS For personal use only Executive Director & Non-Executive Independent Non-Executive Independent Non-Executive Independent Managing Director Company Secretary Chairman Director Director Mr. Steve Parsons Mr. Michael Naylor Mr. Kevin Tomlinson Ms.
Slide 9: 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 10: Bellevue's Excellent Location
BELLEVUE’S EXCELLENT LOCATION MAJOR MINING DISTRICT IN WORLD-CLASS JURISDICTION For personal use only Onsite at Bellevue mining license Excellent infrastructure: • Grid power. • Services at Leinster, Leonora & Wiluna towns. • Daily Flights - Perth to Leinster (only 40km south). • Sealed roads. • Wat
Slide 11: Utilising Existing Infrastructure
UTILISING EXISTING INFRASTRUCTURE 2.2 Million OZ @ 11.3 g/t1 GOLD FROM SURFACE ADJACENT EXISTING UNDERGROUND MINE DEVELOPMENT For personal use only • Over 28,000 metres of existing underground mine development. • De-watering has commenced. • Future drilling from underground will be low cost access a
Slide 12: Multiple High-Grade Lodes from Surface
MULTIPLE HIGH-GRADE LODES FROM SURFACE STEP-OUT EXTENSION DRILLING CONTINUES TO DISCOVER NEW LODES NORTH, SOUTH, WEST, EAST AND AT DEPTH For personal use only • Typical West Australian Archean lode gold system with multiple high-grade lodes. East • Early quartz veins with subsequent deformation and
Slide 13: Bellevue Continues to Grow
BELLEVUE CONTINUES TO GROW MAIDEN RESOURCE FOR DEACON LODE INCREASES INVENTORY TO 2.2 MOZ @ 11.3 g/t Gold For personal use only Oblique view looking north-west showing the current Inferred 2.2 Moz resource block models. The new Deacon Resource is shown in blue with the existing resource domains show
Slide 14: Bellevue Infill Drilling Builds Confidence
BELLEVUE INFILL DRILLING BUILDS CONFIDENCE READY FOR MINING STUDIES FIRST PHASE OF INFILL TARGETING TRIBUNE, VLAD AND VIAGO LODES DRILLING SPACED ON A 40M X 40M AND 40M X 20M INFILL For personal use only Long Section Looking East ASX: BGL | 14
Slide 15: A Significant High-Grade Lode System
A SIGNIFICANT HIGH-GRADE LODE SYSTEM MULTIPLE HIGH-GRADE LODES – FURTHER DISCOVERIES HAPPENING & FURTHER CONDUCTORS IDENTIFIED For personal use only 2 Km of a 4 Km High-Grade Gold Lode System & Open South Deacon & Mavis - New significant gold Drill testing extensions of current resources Large scale
Slide 16: Multiple Bellevue Near-Mine and Regional Targets
MULTIPLE BELLEVUE NEAR-MINE & REGIONAL TARGETS A HIGHLY PROSPECTIVE LANDHOLDING UNTESTED FOR 20 YEARS For personal use only BELLEVUE NEAR MINE TARGETS INCLUDE: Kathleen Valley Government Well & Palmyra 2m @ 19.7 g/t gold from 32m • Viago Lode step-out. 2m @ 22.8 g/t gold from 8m • Tribune Lode step-
Slide 17: Unlocking the Potential at Bellevue
UNLOCKING THE POTENTIAL AT BELLEVUE 2020 DISCOVERY DRILLING, RESOURCE DEFINITION, DEWATERING & ECONOMIC STUDIES For personal use only Qtr 1 & 2 Qtr 2 2 - 8 x drill rigs Resource update Deacon & Mavis new high-grade discoveries Dewatering ready for ready for underground step-out & infill maiden resou
Slide 18: Appendices Follow
For personal use only 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 19: Appendix
For personal use only APPENDIX ASX 300 Fol l ow us @bel l ev uegol d WWW.BELLEVUEGOLD.COM.AU | ASX: BGL
Slide 20: Bellevue Gold Summary Video
BELLEVUE GOLD SUMMARY VIDEO PLEASE CLICK ON THE VIDEO LINK OR TO VIEW VISIT WWW.BELLEVUEGOLD.COM.AU For personal use only PLEASE CLICK ON THE VIDEO LINK ASX: BGL | 20
Slide 21: Major Gold & Nickel Districts
MAJOR GOLD & NICKEL DISTRICTS WORLD-CLASS GOLD & NICKEL BELT ADJACENT TO NUMEROUS GOLD PROCESSING PLANTS For personal use only Bellevue has major landholdings over 3,600km2 within prolific gold & nickel belts (BGL owns 100%). Major gold deposits & producing gold mines within proximity to Bellevue’s
Slide 22: Multi-Million Ounce High-Grade Gold System
MULTI-MILLION OUNCE HIGH-GRADE GOLD SYSTEM GROWING RAPIDLY ALONG STRIKE & AT DEPTH For personal use only 0.8 Million oz @ 15 g/t gold mined from 1986 to 1997 & 2.2 Million oz @ 11.3 g/t gold current Inferred resources1 • A world class multi-million oz Archean lode gold system. Multiple new discovery
Slide 23: Multiple High-Grade Gold Lodes
MULTIPLE HIGH-GRADE GOLD LODES JUST SCRATCHING THE SURFACE OF A LARGE GOLD SYSTEM - STEPOUT & INFILL DRILLING ONGOING For personal use only • 4 km mineralised corridor so far defined within a 20km untested trend. • Mineralisation is open. • Limited drilling, 20 years of no gold exploration. • Multip
Slide 24: Bellevue High-Grade Gold Lode System
BELLEVUE HIGH-GRADE GOLD LODE SYSTEM MULTIPLE LODES WITH CONSISTANT HIGH-GRADE GOLD MINERALISATION For personal use only • Tribune Lode: consistent high-grade diamond core drill results include: 5.0 m @ 22.9 g/t gold1 7.0 m @ 27.4 g/t gold2 12.0 m @ 12.0 g/t gold3 10.1m @ 29.0 g/t gold4 Tribune Lode
Slide 25: Deacon & Mavis High-Grade Lode Discovery
DEACON & MAVIS HIGH-GRADE LODE DISCOVERY ANOTHER LODE DISCOVERED RECENTLY BENEATH THE HISTORIC BELLEVUE MINE For personal use only • New major high-grade gold discovery with Bellevue-style quartz- Cross section looking north showing ALL drilling sulphide-gold mineralisation. • Drill results include:
Slide 26: Excellent Gold Recoveries
EXCELLENT GOLD RECOVERIES MINERALISATION IDENTICAL TO HISTORIC BELLEVUE UNDERGROUND MINE For personal use only • Lode quartz veins with sulphides (pyrrhotite) + visible gold DRDD069: mineralisation. 445g/t gold over 0.5 m Fine grained gold evenly distributed though zone (no nuggets) • Excellent meta
Slide 27: Bellevue Gold Project 2020
BELLEVUE GOLD PROJECT 2020 GRANTED MINING LICENCES & GEARED UP FOR DISCOVERY SUCCESS IN 2020 For personal use only 4 x Diamond Drill Core Rigs currently drilling onsite 40 person camp Drill core shed +140,000 metres of diamond drill core laydown area field vehicles ASX: DRG ASX: BGL|| 27 27
Slide 28: Current Resource Estimate Bellevue Gold Project
Current Resource Estimate Bellevue Gold Project Independent JORC 2012 resource estimate for the Bellevue Gold Project (ASX 24 February 2020)1: 3.5 g/t gold lower cut-off, totals rounded to reflect acceptable precision For personal use only JORC 2012 Inferred resource estimate at selected lower cut-o
Slide 29: Historic High Grade Bellevue Gold Mine
HISTORIC HIGH GRADE BELLEVUE GOLD MINE SIGNIFICANT GOLD PRODUCTION FROM 1986 TO 1997 WHEN IT CLOSED For personal use only • Historically produced ~100,000oz pa gold LOM. • 260 kt pa processing plant (onsite). • Mine head grade ~ 15g/t gold. UNDERGROUND MINING OPERATIONS • Excellent metallurgical rec
Slide 30: Building Global Analyst Coverage
BUILDING GLOBAL ANALYST COVERAGE Analyst Company Analyst Name Contact Details For personal use only Macquarie Bank Ben Crowley ben.crowley@macquarie.com Canaccord Genuity Tim McCormack tim.mccormack@canaccord.com.au Argonaut Securities Matthew Keane | James Wilson mkeane@argonaut.com Sprott Capital
Slide 31: Competent Persons' Statement
COMPETENT PERSONS’ STATEMENT For personal use only The information in this presentation that relates to mineral resources at presentation and consents to the inclusion in this announcement of all Viago/Viago North, Tribune/Tribune North and Southern Belle is based on, and technical statements based
Bellevue Gold — Resources Rising Stars Virtual Investor Forum May 2020 on 6ix