Bellevue Gold Limited (ASX: BGL) announced that the extensional and infill exploration drilling at its Bellevue Gold Project in Western Australia intersected high-grade gold, paving way for upgrade of Indicated Resource.
The company said that the step-out drilling up to 200m along strike on the Deacon lode hit mineralisation in previously untested locations in the central and northern areas. Significant results include 9.3m @ 5.8 g/t gold from 757.3m; 1.4m @ 63.2 g/t gold from 434.9m; and 3.5m @ 10.6 g/t gold from 387.5m.
BGL said that Deacon North infill drilling returned multiple significant intersections. Highlights include 5.1m @ 7.8 g/t gold from 626.1m; 1.6m @ 89.4 g/t gold from 629.5m; 3.7m @ 8.0 g/t gold from 636.3m; and 2.5m @ 11.5 g/t gold from 660m.
The company said that the drilling on the Bellevue lode returned numerous significant intersections from areas away from existing stoping and near underground development. Important results include 4.6m @ 34.8 g/t gold from 241.8m; 6.1m @ 14.5 g/t gold from 457.5m; 3.7m @ 26.2 g/t gold from 372.3m; 0.7m @ 163.2 g/t gold from 245.9m; and 3.0m @ 14.5 g/t gold from 319.2m.
BGL said that drilling is on track to deliver a further increase in the Indicated Resource in the December quarter, with Stage Two infill drilling to upgrade more of the Resource, which currently stands at 2.3Moz at 10g/t gold.
The Bellevue Project is located within the Agnew-Wiluna portion of the Norseman-Wiluna Greenstone belt, approximately 40 km NNW of Leinster. It sits in a major gold and nickel producing district with mines such as Jundee, Agnew & Lawlers, Darlot, Bronzewing, Sons of Gwalia, and Thunderbox in close proximity.
Significant high-grade gold discoveries within the project include Deacon Lode, Bellevue Lode, Viago High-Grade Lode, and Tribune Lode High-Grade Discovery.
Since the commencement of exploration in Q4 2017, the company has grown the Resource to 2.3Moz at 10.0g/t gold (0.86Moz at 11.6g/t Indicated and 1.4Moz at 9.2g/t Inferred).
The Bellevue Gold Project consists of three granted mining licenses M36/24, M36/25, M36/299, and one granted exploration license E36/535.
Drilling at Bellevue
The company had recently commenced extensional and infill exploration drilling at Deacon, Deacon North, and Bellevue Lodes within the Bellevue gold project.
Deacon lode footprint grows
BGL announced that the step out drilling at the Deacon Lode resulted in three new extensions to the known mineralisation, while the infill drilling continued to deliver significant intersections.
The company said that the step-out drilling up to 200m along strike on the Deacon lode hit mineralisation in previously untested locations in the central and northern areas.
BGL said that drill hole DRDD487 that was completed targeting the interpreted offset position of the Deacon Main lode intercepted strong pyrrhotite mineralisation at the projected position and returned an assay of 3.5m @ 10.6 g/t gold from 387.5m. The nearest drill holes are over 200m in every direction.
Bellevue said that the drill hole DRDD495 was drilled at the northern-most end of currently defined Deacon structure and intercepted 1.4m @ 63.2 g/t gold from 434.9m associated with a large and previously untested Down Hole Electromagnetic (DHEM) plate. Mineralisation remains completely open to the north and up dip in this direction.
The company reported that the drill hole DRDD466 drilled down-dip at Deacon North at the deepest position to date intersected 9.3m @ 5.8 g/t gold from 757.3m, with mineralisation remaining open down dip.
BGL reported that the infill drilling at Deacon to 40m x 40m centres continued to deliver significant intersections in advance of a scheduled upgrade of the Indicated Resource category in Q4 2020.
Significant results from infill drilling at the Deacon Lode include 1.6m @ 80.4 g/t gold from 629.5m in DRDD456W7; 2.0m @ 26.6 g/t gold from 310.0m in DRDD476; 5.1m @ 7.8 g/t gold from 626.1m in DRDD456W6; 3.8m @ 9.2 g/t gold from 615.8 in DRDD484; 3.7m @ 8.0 g/t gold from 636.3m in DRDD456; 2.5m @ 11.5 g/t gold from 653.5m in DRDD456W5; 3.2m @ 7.7 g/t gold from 493.3m in DRDD497; and 4.1m @ 3.7 g/t gold from 434.5m and 2.5m @ 13.4 g/t gold from 442.5m in DRDD465.
Resources at Deacon currently stand at 430,000oz @ 18.0 g/t for 250,000oz of Indicated and 1.5Mt @ 9.2 g/t for 440,000oz of Inferred.
Significant hits from Bellevue lode system
BGL reported that the drilling on the Bellevue lode returned numerous significant intersections from areas away from existing stoping and near underground development.
Bellevue said that these areas are close to existing development which will require refurbishment to access. The company reported that a previously unknown lode position has been discovered in the footwall along with a number of additional high-grade intercepts extending known mineralisation.
Important results from the Bellevue Lode include 0.9m @ 43.3 g/t gold from 245.6m in DRDD456; 4.6m @ 34.8 g/t gold from 241.8m in DRDD456W1; 0.7m @ 163.2 g/t gold from 245.9m in DRDD456W2; 3.7m @ 26.2 g/t gold from 372.3m in DRDD496; 6.1m @ 14.5 g/t gold from 457.5m in DRDD505; 1.4m @ 62.5 g/t gold from 245.3m in DRDD456W7; 1.8m @ 33.6 g/t gold from 231.0m in DRDD456W6; 6.0m @ 8.9 g/t gold from 243.7m in DRDD456W4; 3.0m @ 14.5 g/t gold from 319.2m in DRDD459; 3.5m @ 9.8 g/t gold from 361.5m in DRDD463AW3; 1.1m @ 17.4 g/t gold from 47.1m in DRDD477; 1.9m @ 10.2 g/t gold from 246.5m in DRDD456W5; 3.1m @ 6.0 g/t gold from 252.9m and 4.4m @ 3.1 g/t gold from 261.6m in DRDD493; and 5.9m @ 3.1 g/t gold from 242.7m in DRDD456W3.
The company said that it is evaluating where lodes positioned in the northern Bellevue lode can be factored into the mine schedule and is aiming to convert further mineralisation to the Indicated category for the Q4 upgrade.
Bellevue Gold Limited said that it is continuing to drill test this new lode with step out and infill drilling. The company said that other targets exist in the project and the company continues to assess these.
BGL’s Managing Director Steve Parsons said: “We have hit more high-grade mineralisation in previously-untested areas. These results extend the known limits of the mineralisation.
At the same time, our infill drilling continues to return strong results which should help drive an increase in the Indicated Resource.
This all points to a larger overall mineralised envelope with more gold in the high-confidence Indicated category, which in turn gives us even greater scale while continuing to de-risk the project.”