Bellevue Gold Limited · ASX:BGL
Bellevue Gold — 2022 Macquarie Western Australia Forum
21 slides from Bellevue Gold's conference presentation, Nov 29, 2022
Slide 1: 2022 Macquarie Western Australia Forum
For personal use only 2022 Macquarie Western Australia Forum High-grade Bellevue Gold Project in WA Building Australia’s next Major Gold Mine
Slide 2: Disclaimers & Compliance Statements
Disclaimers & Compliance Statements This Presentation has been prepared by Bellevue Gold Limited (Company) and is authorised by the Managing Director of Bellevue Gold Limited. For personal use only DISCLAIMER This Presentation has been prepared by the Company based on information from its own and th
Slide 3: Disclaimers & Compliance Statements cont.
Disclaimers & Compliance Statements cont. For personal use only 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 Reso
Slide 4: Bellevue Gold Overview
Bellevue Gold Overview A globally significant high-grade, high margin, growth focused gold project in Australia For personal use only Project has significant grade, scale and margin in a tier one jurisdiction Significant and proven growth potential vs peer group Forecast +10yr mine life produc
Slide 5: Bellevue Gold Mine Construction Commenced
Bellevue Gold Mine Construction Commenced November 2022- Pathway to production Project is now 69% complete For personal use only from commencement of development phase (from portal to first production) which commenced in July 2020 Pre-production expenditure status is ~90% contracted and long lea
Slide 6: Bellevue Gold Mine Construction Commenced
Bellevue Gold Mine Construction Commenced November 2022- Pathway to production Project is now 69% complete For personal use only from commencement of development phase (from portal to first production) which commenced in July 2020 Pre-production expenditure status is ~90% contracted and long lea
Slide 7: Construction Progress on track
For personal use only CIL ringbeams November 2022 Chutes ready for transport November 2022 Raisebore commenced November 2022 Construction Progress on track GRES fully mobilised and advancing construction activities Bulk earthworks completed Detailed earthworks complete for all critical pat
Slide 8: Mining Development ahead of schedule
For personal use only New Sandvik LH517 Development bogger November 2022 New Normet charge up rig November 2022 Mining Development ahead of schedule Develop Global Ltd Mining fleet updated with new equipment landed on site 6.7km of underground development completed on site to date Second jumbo
Slide 9: Camp complete and operational
Camp complete and operational The 343 room camp is now complete and operational Designed for worker comfort with dependable phone reception, high speed internet, large modern gym, sports court and other For personal use only recreational facilities, rooms are 20% bigger than industry standard Se
Slide 10: 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 For personal use only To create a high-performance organisation that delivers superior shareholder value, positive ESG outcomes and an environment fo
Slide 11: Native Title Agreement signed with Tjiwarl AC
Native Title Agreement signed with Tjiwarl AC In September 2022, Bellevue signed a Native Title Agreement with Tjiwarl (Aboriginal For personal use only Corporation) RNTCB (TAC) The agreement embodies a spirit of genuine collaboration and respect and follows mutually beneficial discussions betwe
Slide 12: EWA signed for 80% renewable hybrid power
EWA signed for 80% renewable hybrid power Bellevue has signed an Early Works Agreement with Energy Developments Pty Ltd (EDL), a Tier-1 provider of sustainable For personal use only distributed energy, for an off-grid hybrid power station The EWA is a pivotal step in Bellevue’s strategy to minim
Slide 13: Growing in a world class mining jurisdiction
Growing in a world class mining jurisdiction For personal use only Host to > 200Moz of gold endowment in a tier 1 location West Australia globally recognised tier 1 mining jurisdiction, ranked #1 on the Fraser Index 2021 for BELLEVUE GOLD PROJECT Mining Attractiveness 3.9Moz Endowment Agnew/Wiluna
Slide 14: Vrify 3D presentation
Vrify 3D presentation – play here For personal use only https://vrify.com/embed/decks/12432
Slide 15: Continued organic resource growth set to deliver further outperformance
Continued organic resource growth set to deliver further outperformance For personal use only Since the discovery hole in November 2017, the Resource has grown at a compound annual growth rate of 63% The Reserve has grown at a compound annual growth rate of 68% since February 2021 Reserve conv
Slide 16: 10-year mine life with organic growth potential
10-year mine life with organic growth potential Multiple opportunities for organic growth: 1. Nameplate 1Mtpa- crushing circuit has been designed to process higher throughput rates than 1Mtpa For personal use only 2. Resource conversion - another 40% of the Resource sits outside the current mine p
Slide 17: Mining - key pillars in place
Mining - key pillars in place 1 Significant Headstart 2 Robust Ground Conditions For personal use only 10 available headings – increased jumbo productivity Mesh & Bolts only 3 Installed Infrastructure Future proof with a focus on emissions reduction 4 Tier 1 Contractor Elite underground mining team
Slide 18: Record development; first ore heading open
Record development; first ore heading open For personal use only Development intersects first ore First Ore July 2022 First high-grade Armand lode intersected – 7g/t face The first of >5 independent mining areas to be accessed for commercial production Multiple production fronts will allow for
Slide 19: Processing – Infrastructure allows for growth
Processing – Infrastructure allows for growth Reagents For personal use only Gold Room Thickeners Current CIL Simple layout and orientation - 1Mtpa nameplate Simple metallurgy – 97% total recovery, including >60% gravity Crushing Ball Admin & recovery Circuit Mill Stores ROM Pad Simple flowshe
Slide 20: Share price performance during construction
Share price performance during construction • Post the announcement of construction/development, selected comparable companies experienced a significant re-rate or an For personal use only average increase of 163% over this period • With the commencement of the mill construction, this puts BGL on th
Slide 21: Investment highlights
Investment highlights For personal use only World class potential Resource Growth Production Growth ESG Leader De-risking Forecast to be a Since the discovery Project mine life Project is forecast 69% through top 20 Australian hole in November has grown 25% to to have the lowest development timeline
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