1 . 8 M i l l i o n o z @ 1 1 . 1 g / t g o l d A R A P I D L Y G R O W I N G H I G H - G R A D E G O L D D I S C O V E R Y BELLEVUE GOLD PROJECT | WESTERN AUSTRALIA Follow us @bellevuegold July 2019 WWW.BELLEVUEGOLD.COM.AU | ASX: BGL
DISCLAIMER CAUTIONARY STATEMENTS AND DISCLAIMER DISCLAIMER This presentation has been prepared by Bellevue Gold Limited (the Company) based on and risks that cause actions, events or results not to be anticipated, estimated or intended, information from its own and third party sources and is not a disclosure document. No party including those risk factors discussed in the Company’s public filings. There can be no other than the Company has authorised or caused the issue, lodgement, submission, assurance that the forward-looking statements will prove to be accurate, as actual results despatch or provision of this presentation, or takes any responsibility for, or makes or purports and future events could differ materially from those anticipated in such statements. to make any statements, representations or undertakings in this presentation. Except for any Accordingly, prospective investors should not place undue reliance on forward-looking liability that cannot be excluded by law, the Company and its related bodies corporate, statements. Any forward-looking statements are made as of the date of this presentation, directors, employees, servants, advisers and agents (Affiliates) disclaim and accept no and the Company assumes no obligation to update or revise them to reflect new events or responsibility or liability for any expenses, losses, damages or costs incurred by you relating in circumstances, unless otherwise required by law. This presentation may contain certain any way to this presentation including, without limitation, the information contained in or forward looking statements and projections regarding: provided in connection with it, any errors or omissions from it however caused, lack of • estimated, resources and reserves; accuracy, completeness, currency or reliability or you or any other person placing any • planned production and operating costs profiles; reliance on this presentation, its accuracy, completeness, currency or reliability. This • planned capital requirements; and presentation is not a prospectus, disclosure document or other offering document under • planned strategies and corporate objectives. Australian law or under any other law. It is provided for information purposes and is not an Such forward looking statements/projections are estimates for discussion purposes only and invitation nor offer of shares or recommendation for subscription, purchase or sale in any should not be relied upon. They are not guarantees of future performance and involve jurisdiction. This presentation does not purport to contain all the information that a known and unknown risks, uncertainties and other factors many of which are beyond the prospective investor may require in connection with any potential investment in the control of the Company. The forward looking statements/projections are inherently uncertain Company. Each recipient must make its own independent assessment of the Company and may therefore differ materially from results ultimately achieved. The Company does not before acquiring any shares in the Company (Shares). The Company has made reference to make any representations and provides no warranties concerning the accuracy of the historic drilling and exploration results from a variety of Exploration company's over the past projections, and disclaims any obligation to update or revise any forward looking 30 years that had previously explored the Project. statements/projects based on new information, future events or otherwise except to the extent required by applicable laws. FORWARD LOOKING INFORMATION NO NEW INFORMATION OR DATA This presentation contains forward-looking statements. Wherever possible, words such as “intends”, “expects”, “scheduled”, “estimates”, “anticipates”, “believes”, and similar This presentation contains references to Mineral Resource estimates, all of which have been cross referenced to previous market announcements made by the Company. The Company expressions or statements that certain actions, events or results “may”, “could”, “would”, confirms that it is not aware of any new information or data that materially affects the “might” or “will” be taken, occur or be achieved, have been used to identify these forward- information included in the relevant market announcements and, in the case of estimates of looking statements. Although the forward-looking statements contained in this release reflect Mineral Resources that all material assumptions and technical parameters underpinning the management’s current beliefs based upon information currently available to management estimates in the relevant market announcement continue to apply and have not materially and based upon what management believes to be reasonable assumptions, The Company changed. cannot be certain that actual results will be consistent with these forward-looking statements. A number of factors could cause events and achievements to differ materially from the Exploration results – Refer to ASX announcement on that said date for full details on these results expressed or implied in the forward-looking statements. These factors should be exploration results. Bellevue Gold is not aware of any new information or data that materially considered carefully and prospective investors should not place undue reliance on the effects the information in the said announcement. forward-looking statements. Forward-looking statements necessarily involve significant known and unknown risks, assumptions and uncertainties that may cause the Company's actual results, events, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors ASX: BGL | 2
ONE OF THE HIGHEST GRADE NEW GOLD DISCOVERIES IN AUSTRALIA BELLEVUE GOLD PROJECT – A MAJOR MINERALISED GOLD SYSTEM GROWING RAPIDLY Updated Independent JORC Inferred • Resource Estimate, Bellevue Gold Project 1 5.0 Mt @ 11.1 g/t gold for 1,800,000 oz Resources are open . • BELLEVUE GOLD MINE WAS Adjacent existing historical • ONE OF AUSTRALIA’S RICHEST underground development. Currently 6 x drill rigs onsite. • GOLD MINES PRODUCING From surface to maximum depth • drilled of 600 metres. 800,000 oz @ 15 g/t GOLD Drilling Qtr 3 & 4 2019 targeting: • (1986 TO 1997). Excellent gold recoveries 98.8%. • Step-out resource growth. • Granted mining licenses. • Infilling for higher confidence. • Excellent infrastructure. • Recent new discovery targets. • CLOSED & FORGOTTEN FOR 20 YEARS (1997 TO 2017) Includes the very high-grade Viago Lode • $20 Million funding for continued • Drill results include: exploration success in 2019. 4.3 m @ 58.8 g/t gold 2 • BELLEVUE GOLD LTD 3.0 m @ 85.9 g/t gold 3 • Significant +3,600km 2 • ANNOUNCES strategic landholding in a major mining 6.4 m @ 27.9 g/t gold 3 • 1,800,000oz @ 11.80 g/t GOLD district. 3.35 m @ 37.4 g/t gold 4 • July 2019 Footnotes: 1. refer ASX Resource Estimate 11/7/2019; 2. refer ASX 6/8/18; 3. refer ASX 9/10/18; 4. refer ASX 26/9/18 ASX: BGL | 3
A RESOURCE OF SIGNIFICANT SIZE & GRADE IN AUSTRALIA CONTINUED RESOURCE GROWTH IN 2019 ~60g/t 11.1 g/t Bellevue Gold • A project of significant size & grade when compared to the top Australian gold mining operations. Major Gold Mining Operations in Australia & Bellevue Gold Project ASX: BGL | 4 ASX: DRG | 5 Source: S&P Global | SNL
RAPID RESOURCE GROWTH MULTIPLE DRILL RIGS TURNING WITH LOW DISCOVERY COSTS OF A$15 oz 25,000 1.8 Moz updated resource 11/07/2019 20,000 1.53 Moz Drill metres per quarter updated resource 15,000 1.04 Moz 5/2/2019 updated resource 22/10/2018 0.5 Moz 10,000 maiden resource 01/08/18 5,000 Discovery drill hole 7m @ 27.4 g/t (20/11/2017) 0 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q3 2019 ASX: DRG | 6 ASX: BGL | 6
CORPORATE SUMMARY BUILDING STRONG FOUNDATIONS ASX Code BGL Current Share Price A$0.62 Shares on issue 1 501M Market Capitalisation A$310M Management, staff & consultant Cash 2 ~A$20M 111M options/performance rights unlisted (prices from $0.035 - $0.60) Top 20 Shareholders 1 ~ 64% Shareholder Summary 1 41 % Total Global and Domestic Institutions Substantial shareholders 11 % -1832 Asset Management LP 9 % -Tolga Kumova ~ 11 % Board and Management (on a fully diluted basis) Footnotes: 1. as at 26 June 2019 2. As at 30 June 2019 ASX: BGL | 7
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