Bellevue Gold Limited · ASX:BGL
Bellevue Gold — Diggers and Dealers (October 2020)
30 slides from Bellevue Gold's conference presentation, Oct 14, 2020
Slide 1: Diggers and Dealers Presentation
Diggers and Dealers Presentation Developing the high-grade 2.3Moz Bellevue Gold Project in WA Follow us @bellevuego l d www.bellevuegold.com.au
Slide 2: Disclaimer & Cautionary Statements
Disclaimer & Cautionary Statements This Presentation has been prepared by Bellevue Gold Limited (the Company) and is authorised by the Board of cause the Company's actual results, events, prospects and opportunities to differ materially from those expressed or Directors of Bellevue Gold Limited. imp
Slide 3: Corporate Summary
CORPORATE SUMMARY BUILDING STRONG FOUNDATIONS Current Share Price A$1.21 ASX Code BGL ASX 300 (September 2019) Market Capitalisation A$1.02B Shares on issue 840m Cash1 ~ A$151m Management & consultant options & performance rights unlisted 39m (prices from $0.10 - $0.60) Top 20 Shareholders ~ 75% Sha
Slide 4: Investment Highlights
Bellevue Gold Ltd (ASX: BGL) Investment Highlights An ASX300 Company Recent A$135m equity raising aimed at exploiting the project’s competitive advantages to accelerate development and expansion of the high-grade Bellevue Gold Project. Underground portal works commencing at the Paris pit One of the
Slide 5: Bellevue Gold - Values and Vision
Bellevue Gold - Values and Vision “To create a standout gold mining & exploration company that is an industry benchmark” At Bellevue we believe we have a unique opportunity to develop a standout gold mining company that is the benchmark for others to be measured against. We believe our four key valu
Slide 6: ESG - the new Paradigm in investing
ESG - the new Paradigm in investing BGL in the community Our commitment to the Communities in which we operate is the ‘C’ in our PACE core values. 2020 BELLEVUE GOLD LIMITED COMMUNITY BGL will be releasing its RELATIONS maiden Sustainability report this Quarter 2019/2020 FINANICIAL YEAR BUDGETED 202
Slide 7: A rapidly growing, multi-million ounce high-grade gold deposit
A rapidly growing, multi-million ounce high-grade gold deposit The Bellevue deposit has achieved rapid resource growth since the discovery hole in November 2017 Resource Update 7/07/20 2.3Moz Dual exploration and development strategy Resource Update at 10.0g/t 50,000 24/02/20 2.5 2.2Moz Resource Upd
Slide 8: Gold resources and grade versus global peers
Moz - 5 10 15 20 25 30 Bellevue 10.0 (Bellevue Gold) Goldrush (Barrick) Hardrock (Centerra) Upper Canada (Agnico Eagle) Donlin (Barrick) Alturas (Barrick) Juby (Caldas Gold) First quartile jurisdiction Cote Third quartile jurisdiction Fourth quartile jurisdiction (IAMGOLD) Second quartile jurisdicti
Slide 9: Tier 1 location in world-class gold belt
Tier 1 location in world-class gold belt Bellevue has major landholding, of over 2,780km2 Excellent infrastructure: ✓ Historically significant gold producing region: ✓ • Services at Leinster, Leonora and Wiluna • Major gold deposits & producing gold • Daily flights - Perth to Leinster (only 40km min
Slide 10: Depth Potential of Archean Gold Systems: A lot further to go
Depth Potential of Archean Gold Systems: A lot further to go The Bellevue deposit has remained unexplored for the last 20 years Bellevue Jundee Darlot Kanowna Belle Agnew Gwalia Bellevue Gold Northern Star Red 5 Northern Star Goldfields St Barbara surface (previously Goldfields) surface ~800koz hist
Slide 11: Click here for link to BGL Video
Click here for link to BGL Video www.bellevuegold.com.au
Slide 12: Bellevue dual exploration and development strategy
Bellevue dual exploration and development strategy Maiden Indicated Resource combined with successful equity raising enables Bellevue to pursue the planned dual exploration and development strategy to accelerate project development in parallel with continued growth through exploration. Invest in low
Slide 13: Isometric View of the Indicative Mine Plan
Isometric View of the Indicative Mine Plan Draft mine plan highlighting flat lying structures in Pink and sub vertical structures in Blue. Current Face Location • 278m Advance to date • Broken through into old workings • Ahead of current schedule Stage 1 $20M Decline Rehabilitation High grade core o
Slide 14: Blast Video
Blast Video Click here for link to BGL Development Update Video www.bellevuegold.com.au
Slide 15: Decline rehab will pave the way for exploration and development
Decline rehab will pave the way for exploration and development The $20m investment into re-establishing access will utilise existing infrastructure to accelerate development and reduce overall capital intensity of development and drilling. • Existing Infrastructure - Over 28km of existing undergrou
Slide 16: Exploration from underground a game changer
Exploration from underground a game changer Part of the $35m exploration spend will utilise existing infrastructure to accelerate exploration and significantly reduce capital intensity of the exploration spend; $40m of development capital will give early access to high grade areas • Over 28km of exi
Slide 17: Down Hole Electro Magnetic (DHEM) Targeting Success
Down Hole Electro Magnetic (DHEM) Targeting Success A Highly Efficient Game Changing Exploration Tool High pyrrhotite (magnetic) content associated with gold mineralisation makes this exploration tool extremely successful for Bellevue. • Drill holes are surveyed upon completion and the data Photogra
Slide 18: Stage two drilling underway to grow maiden Indicated Resource
Stage two drilling underway to grow maiden Indicated Resource Indicated Resource (860koz at 11.6g/t1) located (in blue) within existing discoveries; in close proximity to underground infrastructure, with all Resources remaining open. Deacon up dip target area 1.4m @ 63.2g/t Entire Bellevue system is
Slide 19: $35m Exploration Budget: Pipeline Near Mine & Greenfields targets
$35m Exploration Budget: Pipeline Near Mine & Greenfields targets NEAR MINE Armand Deacon Central & Northern Extensions Southern Belle Viago North Extension, Bellevue North Deacon Southern Extension Bellevue/Highway Shear under Viago Tribune Southern Plunge, Vlad Extension Bellevue Shear Depth Exten
Slide 20: Conclusion: Exploiting Our Competitive Advantages
Conclusion: Exploiting Our Competitive Advantages One of Australia’s highest-grade gold mines, with exciting exploration potential and an accelerated development timeline 10.0g/t 2.3Moz GRADE SCALE GROWTH LOW CAPITAL CASH One of the highest- A globally significant Further upside INTENSITY Strong cas
Slide 21: Appendices
Click here for the 3D Inventum model Appendices Follow us @bellevuego l d www.bellevuegold.com.au
Slide 22: Current Development Timetable
Current Development Timetable 1 Equity raising provides funding and flexibility to accelerate development and activities at Bellevue with a view to finalising economic studies in Q1 2021. Calendar Year 2020 Calendar Year 2021 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec De
Slide 23: Board of Directors
Board of Directors A Track Record of Corporate Success Non-Executive Independent Non-Executive Independent Director Non-Executive Independent Director Executive Director & Company Secretary Managing Director Chairman Ms. Fiona Robertson Ms. Shannon Coates Mr. Michael Naylor Mr. Steve Parsons Mr. Kev
Slide 24: Executive Management Team
Executive Management Team Building a Team With a Track Record of Discovery Through to Multi-mine Production 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 Daina is an experience
Slide 25: Bellevue Gold's Pathway to production in the new world
Bellevue Gold’s Pathway to production in the new world ESG a driving factor in all decision making Forecast pollutants and emissions to determine if Climate considerations for NPI or NGER thresholds new infrastructure, efficiency TCFD phase 3: triggered. Report if options and fuel usage implement Po
Slide 26: ESG & the opportunity to be 'best in class' corporate citizens
ESG & the opportunity to be ‘best in class’ corporate citizens BGL is evaluating all options on the pathway to development - Smart blasting - Use of renewable electricity (solar, Climate consideration examples: - Energy efficient grinding wind) to power operations - Bushfires - Running compressors a
Slide 27: Key De-risking Events
Key De-risking Events A Pathway to Realising and Unlocking Shareholder Value Key De-risking Events Achieved on the Project To Date ►Key Building Blocks and achievements ✓ Demonstrate the quality of the asset – drill out a maiden Indicated Resource ✓ Demonstrate standout exploration capabilities and
Slide 28: Resource Estimate Bellevue Gold Project
Resource Estimate Bellevue Gold Project Independent JORC 2012 resource estimate for the Bellevue Gold Project (ASX 7 July 2020): 3.5 g/t gold lower cut-off, totals rounded to reflect acceptable precision Indicated Inferred Tonnes Grade Gold Tonnes Grade Gold (Mt) (g/t) (Moz) (Mt) (g/t) (Moz) Viago 0
Slide 29: Global Development Peers Data Set
Global Development Peers* Data Set Quartile 1 Quartile 2 Deposit Reporting Study Inferred Combined Grade Deposit Study Combined Grade Reserves M+I (Moz) Reporting Code Reserves M+I (Moz) Inferred (Moz) (Developer) Code Status (Moz) (g/t) (Developer) Status (g/t) Bellevue Maiden Windfall Lake NI 43-1
Slide 30: Global Development Peers Data Set
Global Development Peers* Data Set Quartile 3 Combined Reporting Study Combined Grade Inferred Deposit (Developer) Reserves M+I (Moz) Inferred (Moz) Deposit (Developer) Reporting Code Study Status Reserves M+I (Moz) Grade Code Status (Moz) (g/t) (g/t) Evander Adumbi SAMREC BFS No 5.4 2.2 8.0 NI 43-1