Bellevue Gold Hits First Ore in Western Australia on Schedule

MT Newswires Live
May 19

Bellevue Gold (ASX:BGL) successfully mined its first ore from the high-grade Deacon North area in May on schedule, with early results surpassing expectations and reinforcing plans to increase production through fiscal year 2027, according to a Tuesday Australian bourse filing.

Development at Deacon North in Western Australia will continue through fiscal 2026, with stoping expected to commence in the first quarter of fiscal 2027 and production anticipated to gradually ramp up throughout 2027, per the filing.

Early production face and grade-control drilling results show better-than-expected development grades, with mineralization matching geological models and including high-grade intersections such as 6 meters at 32 grams per tonne gold, the filing said.

Exploration activities are advancing with ongoing surface drilling, additional underground rigs being deployed, and downhole electromagnetic surveys in progress to improve targeting and support resource expansion, the filing added.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10