Join our daily newsletter At The Bell to receive exclusive market insights
- Bellevue Gold (BGL) has received exceptionally strong results from metallurgical tests at its namesake project in WA
- Overall recoveries averaged 97.8 per cent and reached up to 99.6 per cent across the Bellevue, Tribune, Deacon and Viago lodes
- Additionally, gravity-only recoveries ranged between 73.6 and 91.7 per cent
- Bellevue is also looking to upgrade a portion of the current 2.2 million-ounce inferred resource to the indicated category
- Metallurgical test work is ongoing and a 10,000-metre drilling program has commenced along the Bellevue mineralised corridor
- Company shares are up 7.08 per cent and trading for $1.14 each
Bellevue Gold (BGL) has received exceptionally strong results from metallurgical tests at its namesake project.
Bellevue appointed independent metallurgical consultant, Nathan Stoitis, to assist with the metallurgical studies for the Bellevue Gold Project in Western Australia.
The test work has returned overall gravity and leach recoveries averaging 97.8 per cent and reaching up to 99.6 per cent across the Bellevue, Tribune, Deacon and Viago lodes.
These results were achieved using conventional gravity and leaching processes and standard reagents.
Additionally, exceptional gravity-only recoveries were returned, ranging between 73.6 and 91.7 per cent across the lodes.
The company found that these results align with early production at the Bellevue Lode between 1988 and 1996. It reportedly averaged about 96 per cent recovery from the gravity and carbon-in-leach (CIL) circuits.
“These exceptional recovery rates, combined with the economic studies and other preparations underway, will position us to develop a project in a Tier One location with very high grades and a host of other extremely attractive features,” Managing Director Steve Parsons said.
Bellevue has also made significant progress on several fronts as part of its development preparations.
“We have established a 2.2 million ounce resource at 11.3g/t of gold, we have just hit high-grade gold seven kilometres away from the resource and we are now finalising a maiden indicated resource,” Steve added.
The company is aiming to upgrade a portion of the current inferred resource to the indicated category.
All recent drilling has been focused on infill drilling but a 10,000-metre regional discovery drilling program has commenced along the highly prospective 20 kilometre-long Bellevue mineralised corridor.
Metallurgical test work is ongoing on the gravity recoverable gold component to optimise the requirements for the gravity circuit design.
Company shares are up 7.08 per cent and trading for $1.14 each at 10:21 am AEST.
