Bellevue Gold Identifies New Targets and Makes New Discovery

THE DRILL SERGEANT: Bellevue Gold (ASX: BGL) has been busy at work on the company’s Bellevue gold project in Western Australia.

Bellevue Gold’s recent exploration activities have focused on the project’s Tribune and the Viago Lodes, alongside which the company declared a new discovery at depth in the Bellevue Footwall.

The company has carried out deeper drilling targeting what it considers potential to extend the depth of the Bellevue Lode.

Completion of a WA Government EIS funded, deeper diamond drill hole extended into the Bellevue Footwall intersected a major five-metre biotite shear zone with Bellevue Style mineralisation with visible gold over 1.5m approximately 150m below the underground mine (650m below surface).

Bellevue has identified several DHEM off hole conductors projected along strike that are ready for follow up drill testing.

Drilling of the Viago and Tribune Lodes Resource extension remains ongoing with the Viago Lode extending over 1,400m remaining open north, south and at depth.

The Tribune Lode extends over 1,300m and remains open north, south and at depth.

“The potential for an extension beneath the historic Bellevue mine to host a significant continuation of the mineralised system has been the major exploration target at the project since Bellevue Gold Ltd commenced exploration,” Bellevue Gold managing director Steve Parsons said in the company’s announcement to the Australian Securities Exchange.

“It is a significant scale target and with no previous drilling completed beneath the 500 to 550 metres below surface level.

“The exploration team is highly encouraged to hit “Bellevue Style Mineralisation” and visible gold in the first hole completed.

“The down hole conductors defined from this maiden drilling are equivalent in size and tenor to the Viago and Bellevue Lodes and we are very excited to have the additional rig on site to test these DHEM conductive plates and step out on the identified shear system at depth over coming weeks.”

The new discovery was made immediately west of the Tribune Lode from drilling undertaken with DHEM that intersected a new, high priority ‘flat lying Viago look-alike’ target immediately west of Tribune Lode.

The first drill hole intersected: 4 metres at 8.3 grams per tonne.

A second step out drill hole 80m to the north intersected a 1.8m zone with abundant visible gold.

“It is also extremely pleasing that we have discovered the next high-grade lode to the west of the Tribune lode, which is in a flat lying orientation similar to the very high-grade Viago discovery last year,” Parsons continued.

“This new lode again reinforces the potential for further discoveries to be defined as we move out from the known Lodes to date.

“At the shallow Tribune and Viago North discoveries step-out drilling has continued to intersect high-grade lode gold mineralisation and has significantly expanded the strike length which still remains open.

“Technical work has commenced to deliver the forecast resource upgrade during Q2 2019.

“It is a sign of the quality of the Bellevue gold project in general that ongoing exploration continues to define new high quality and significant scale targets and maintain discovery momentum as increased step-out drilling is conducted at the project.”