Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Non-Deal Roadshow (June 2024)
21 slides from Bellevue Gold's roadshow presentation, Jun 11, 2024
Slide 1: European Roadshow
For personal use only European Roadshow Set for growth and superior financial returns 11 June 2024
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 gold project in Australia Project delivered - Mar Q 2024 production of 37,338 ounces during ramp up phase Commercial production declared; Guidance for H2 FY24 of 75k-85kozs gold produced For persona
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 >40yrs' experience Led int
Slide 6: March quarter delivers 37,338 ounces during ramp up
March quarter delivers 37,338 ounces during ramp up Commercial production declared in May 2024 with key metrics achieved across mining & processing Milled head grade continues to increase, as stoping tonnes increase to a higher percentage of mill feed For personal use only Further increase in
Slide 7: 2H FY24 Guidance of 75k-85koz
2H FY24 Guidance of 75k-85koz Commercial production declared and on track for guidance Commercial production declared in May 2024 Positive free cash flow1 delivered over the three months to 30 April 2024 For personal use only On track to achieve guidance of 75,000 to 85,000 ounces for the
Slide 8: Grade control drilling; high-grade lodes
Grade control drilling; high-grade lodes Deacon MiningArea 14.0m @ 49.4 g/t gold 10.9m @ 20.5 g/t gold Underground areas ramping up into five independent mining areas, 10.8m @ 66.8 g/t gold 8.9m @ 71.1 g/t gold significantly decreasing risk across the deposit 8.4m @ 50.1 g/t gold 7.5m @ 49.8 g/t gol
Slide 9: Multiple independent mining areas in development
Multiple independent mining areas in development Deacon Main 1058 200 Bellevue 1095 200 Five independent mining areas in ore development with multiple development levels For personal use only Stoping underway at Upper Armand, Lower 129.0g/t Armand, Bellevue South, Deacon and 110.2g/t 35.0g/t 10.4g
Slide 10: Stoping ramping up; excellent performance to date
Stoping ramping up; excellent performance to date Ramp-up continues with >30 stopes completed, majority from Upper Armand area Cavity monitoring of voids to date highlight favourable stoping conditions For personal use only Minimum widths achieved Target dilution achieving better than design
Slide 11: Deacon high-grade shoot defined by infill drilling
Deacon high-grade shoot defined by infill drilling New ‘High-grade shoot ’ identified along 1.4Moz Deacon lode through underground grade control drilling (in red) and remains open down plunge High-grade shoot analogous to zones in historic Bellevue lode where ~800koz were mined at 13g/t gold bet
Slide 12: Deacon high-grade shoot – Multiple repeat shoots to drive mine plan
Deacon high-grade shoot – Multiple repeat shoots to drive mine plan New ‘High-grade shoot’ identified along 1.4Moz Deacon lode through infill drilling Potential for a further six high-grade shoot areas identified along Deacon Main lode to date For personal use only Grade control drilling identif
Slide 13: Deacon exceptional ore shoot development
Deacon exceptional ore shoot development Deacon Main 1038 200 Deacon Main 1038 200 Very high pyrrhotite content with milled quartz is a feature of the exceptional grades produced at Bellevue historically For personal use only Consistent very high-grade gold 143.4 g/t 170.8 g/t mineralisation wit
Slide 14: 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 15: Vrify 3D presentation
Vrify 3D presentation – play here For personal use only https://vrify.com/decks/16145
Slide 16: 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 outside of known Resource areas For personal use only STRONG DHEM CONDUCTOR Tribu
Slide 17: UG development creates platform for exploration growth
UG 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 gold i
Slide 18: Deep holes confirm 3.1Moz system is OPEN
Deep holes confirm 3.1Moz system is OPEN Bellevue Repeatedsystemopenatdepth Shear 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 depth Shear 1.4Moz Flat Viago analogue targets at Lucien Progress in undergrou
Slide 19: Focus turns to low capital-intensive organic growth
Focus turns to low capital-intensive organic growth ROMPad Lab Screen deck Plant designed for growth Fine Ore Bin (FOB) For personal use only Gravity circuit alone can Ball Mill achieve >80% gold recovery Oversized Crushing Circuit (1.7 Mtpa) Workshop Thickeners CIL Tanks Operating consistently at
Slide 20: Sustainability is core to BGL's vision and purpose
Sustainability is core to BGL’s vision and purpose Partnership with Zenith to deliver up to 80% of green energy supply from solar and wind power Renewable Energy Progress on the 29MWh Battery Energy Storage Construction on track for sector leading 89.7 MW hybrid power station consisting of: 24 MW
Slide 21: 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 Successful delivery of a top-20 Australian development creates designed for low to have the lowest pre