Bellevue Gold Encounters Encouraging Hits at Viago Discovery

THE DRILL SERGEANT: Bellevue Gold (ASX: BGL) announced recently completed diamond core drilling at the new Viago Lode discovery at the company’s Bellevue gold project in Western Australia.

Bellevue Gold sai the drilling had defined a bonanza grade zone more than 120 metres in the central portion of the new discovery zone, returning results of:

3 metres at 85.9 grams per tonne gold from 597m, including 0.5m at 445g/t;

6.4m at 27.9g/t gold from 587.6m, including 2.8m at 62.8g/t;

6.9m at 18g/t gold from 535.9m, including 0.6m at 203.3g/t; and

2.4m at 36.3g/t gold from 606.8m.

Bellevue said the results had confirmed Viago as a Western Australian Archean high-grade gold discovery that is open in all directions and located less than 150m from the historic Bellevue underground development and workings.

The company intimated a maiden resource estimate could be in place at Viago this quarter, which will add to the recently defined Bellevue gold project resource estimate of 1.9 million tonnes for 500,000 ounces of gold at 8.2g/t gold inferred category resources.

“These latest drill results from the Viago discovery confirm the lode system as being of exceptional quality and grade,” Bellvue Gold executive director Steve Parsons said in the company’s announcement to the Australian Securities Exchange.

“The historic Bellevue Mine was one of the standout high-grade gold mines of the 1980s and 1990s in Australia and the company is now increasingly confident that the Viago and Tribune Lodes will continue that legacy well into the future.

“We look forward to keeping the market informed of progress at this exciting discovery as exploration progresses and we move towards an updated resource estimate this quarter.”