1,800,000 oz @ 11.10 g/t gold
The Bellevue Gold Project (Bellevue Gold 100%) A Forgotten Treasure.
The Bellevue Gold Project is 400km north west of Kalgoorlie in Western Australia and sits within a high-grade gold and nickel district on the prolific Wiluna-Norseman gold belt. Bellevue is within 100km of numerous producing goldmines and in close proximity to world-class nickel mines.
The Bellevue Mine historically produced 800,000 ounces at 15 g/t from a lode vein underground operation before its closure in 1997. Bellevue Gold is completing the first modern exploration at the project since mine closure. Due to the hiatus in any work being done the project lacks systematic below shallow depths in what is a significant high-grade ore system.
Since commencing drilling in late 2017 three new significant discoveries have been made which are reflected in the current resource inventory of 1,800,000 ounces @ 11.1 g/t of Inferred Category resources. All resources are located close to or adjacent to existing historical mine development. The company is continuing to step out and expand the footprint of the deposit with ongoing exploration drilling. A fourth major lode discovery named the Deacon Lode is currently undergoing resource drilling and is not reflected in the resource inventory.
The Bellevue Lode Systems
The Bellevue Lode Systems form a continuous 4 km mineralised system of high grade quartz lodes in a shear corridor within the Mount Goode Basalt. Mineralisation is shear controlled and associated with high pyrrhotite content, minor chalcopyrite and fine-grained visible gold.
Within the lode system, there are 5 currently known high grade structural domains, Bellevue Lode, Deacon Lode, Tribune Lode, Viago Lode and the Southern Belle Lode. Currently, defined systems are all located in the top 600m from surface and no drilling or testing has occurred below this horizon.
NEW DISCOVERY – Deacon High Grade Lode
The Deacon Lode is a new significant discovery located 400m to the east of the Bellevue Lode. Mineralisation at Deacon was first reported in August 2019 and has been the subject of an aggressive follow up exploration program. Mineralisation is analogous to the Bellevue Lode and the target was recently extended to 1,800m of known strike and remains open in every direction. The Deacon Lode is not reported in the current resource inventory.
First Pass drill results from Deacon include:
Viago High Grade Lode
The Viago Deposit was discovered in June 2018 during drilling targeting offset lode positions of the Bellevue Mine. High-grade gold mineralisation in the Viago Lode has now been extended to a total strike length of 1,500 metres representing a doubling of the previous resource envelope (750 metres of strike length). The Viago Lode is one of the highest grade gold discoveries in recent times with a inferred resource of 700,000 ounces @ 16.1 g/t gold. The Viago Lode mineralisation remains completely open along strike in both directions.
Drill results from Viago include:
Tribune Lode High Grade Discovery
The Tribune Lode was discovered by Bellevue Gold in late 2017 in shallow RC drilling. The lode is located 400m west of the Bellevue Mine and strike has now been tested for 1,300m and remains open along strike and at depth.
Drill results from Tribune include:
Bellevue Mine Surrounds and Southern Lode
The Bellevue Lode was historically mined to produce in excess of 800,000 ounces of gold at an average grade of 15 g/t. Extraction was predominantly by underground extraction techniques with mining continuing to the 450m RL before the operation ceased in 1997. Mineralisation has recently been extended significantly to the south by Bellevue Gold with the first exploration drilling in the lode since mine closure. Additionally several previously unknown hanging wall lodes and significant unmined mineralisation was also confirmed by first pass drilling.
Drill results from Bellevue Mine include:
The Bellevue Gold Project is situated in the Agnew-Wiluna Greenstone Belt, bounded by the Perseverance Fault to the east and the Ida lineament to the west. The major mining centres of Agnew (+8 MOZ) is located 40km to the south and Wiluna (+11 MOZ) is located 120km to the north.
Mineralisation is hosted with the Mount Goode Basalt sequence which is cut by a series of NNW trending mineralised shear zones and is associated with lode style shear veins with high pyrrhotite contents and abundant fine grained free gold. These ore zones characterise bonanza grade ore shoots which plunge gently to the south across the mineralised shears.
The mineralisation style and structural setting is consistent with major Archean Lode style systems internationally such as Red Lake (>20 Moz gold camp at >20g/t grade) located in Canadas Abitibi.