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Bellevue Gold Provides Drilling Update at Bellevue Gold Project

14 Oct 2021  |  08:33:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Strong grade control drilling at Bellevue Project

Bellevue Gold reported further grade control drilling results which continue to verify the accuracy of the Resource model at the centre of the project's production and financial forecasts. The grade control model reconciles well with the Resource model, including the Inferred Resources in the area tested, further underpinning the robustness of the technical and financial forecasts contained in the Stage 2 Feasibility Study. At the 3.5g/t reporting cut off, the grade control model results show a 3.7% increase in grade and a 2.2% reduction in tonnes for a 1.4% increase in contained metal in the area compared with the original Indicated and Inferred Resource model.

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