Developing the 2.2Moz Bellevue Gold Project in WA Average Resource grade of 11.3gpt Economic and development studies underway Immense potential to grow inventory Macquarie Mining and Energy Forum June 2020 Follow us @bellevuegold w w w . b e l l e v u e g o l d . c o m . a u
Disclaimer & Cautionary Statements This presentation has been prepared by Bellevue Gold Limited (the Company) and is authorised by the Board of Directors forward looking statements and projections regarding: of Bellevue Gold Limited. • estimated, resources and reserves; • planned production and operating costs profiles; DISCLAIMER • planned capital requirements; and This presentation has been prepared by Bellevue Gold Limited (the Company) based on information from its own and • planned strategies and corporate objectives. third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submission, despatch or provision of this presentation, or takes any responsibility for, or makes or Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. purports to make any statements, representations or undertakings in this presentation. Except for any liability that cannot They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors be excluded by law, the Company and its related bodies corporate, directors, employees, servants, advisers and agents many of which are beyond the control of the Company. The forward looking statements/projections are inherently (Affiliates) disclaim and accept no responsibility or liability for any expenses, losses, damages or costs incurred by you uncertain and may therefore differ materially from results ultimately achieved. The Company does not make any relating in any way to this presentation including, without limitation, the information contained in or provided in representations and provides no warranties concerning the accuracy of the projections, and disclaims any obligation to connection with it, any errors or omissions from it however caused, lack of accuracy, completeness, currency or reliability update or revise any forward looking statements/projects based on new information, future events or otherwise except to or you or any other person placing any reliance on this presentation, its accuracy, completeness, currency or reliability. the extent required by applicable laws. This presentation is not a prospectus, disclosure document or other offering document under Australian law or under any other law. It is provided for information purposes and is not an invitation nor offer of shares or recommendation for NO NEW INFORMATION OR DATA subscription, purchase or sale in any jurisdiction. This presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. Each recipient must make This presentation contains references to Mineral Resource estimates, all of which have been cross referenced to previous its own independent assessment of the Company before acquiring any shares in the Company (Shares). The Company market announcements made by the Company. All material assumptions and technical parameters underpinning the has made reference to historic drilling and exploration results from a variety of Exploration company's over the past 30 Mineral Resource estimate (6.1Mt @ 11.3 g/t gold for 2.2M ounces of gold) in the ASX announcement titled "Bellevue years that had previously explored the Project. Resource increases 23% - Maiden Resource at Deacon" and dated 24 February 2020 continue to apply and have not materially changed since last reported. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that the form and context in which FORWARD LOOKING INFORMATION Brian Wolfe and Sam Brooks, (being the relevant Competent Person's) findings are presented have not been materially This presentation contains forward-looking statements. Wherever possible, words such as “intends”, “expects”, modified from the original market announcement. “scheduled”, “estimates”, “anticipates”, “believes”, and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, have been used to identify these Exploration results – Refer to ASX announcement on that said date for full details on these exploration results. Bellevue forward-looking statements. Although the forward-looking statements contained in this release reflect management’s Gold is not aware of any new information or data that materially effects the information in the said announcement. current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, The Company cannot be certain that actual results will be consistent with these For further details, please contact forward-looking statements. A number of factors could cause events and achievements to differ materially from the results expressed or implied in the forward-looking statements. These factors should be considered carefully and Mr Steve Parsons Mr Luke Gleeson Mr Paul Armstrong prospective investors should not place undue reliance on the forward-looking statements. Forward-looking statements necessarily involve significant known and unknown risks, assumptions and uncertainties that may cause the Company's Managing Director Head of Corporate Development Media Relations- Read Corporate 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 T: +61 8 64248077 T: +61 8 6424 8077 T: +61 8 9388 1474 factors E: admin@bellevuegold.com.au E: lgleeson@bellevuegold.com.au E: paul@readcorporate.com.au and risks that cause actions, events or results not to be anticipated, estimated or intended, including those risk factors REGISTERED ADDRESS discussed in the Company’s public filings. There can be no assurance that the forward-looking statements will prove to Level 3, Suite 3 be accurate, as actual results and future events could differ materially from those anticipated in such statements. 24 Outram Street Accordingly, prospective investors should not place undue reliance on forward-looking statements. Any forward-looking West Perth WA 6005 statements are made as of the date of this presentation, and the Company assumes no obligation to update or revise 2 them to reflect new events or circumstances, unless otherwise required by law. This presentation may contain certain w w w . b e l l e v u e g o l d . c o m . a u
ONE OF AUSTRALIA’S HIGHEST -GRADE NEW GOLD DISCOVERIES BELLEVUE GOLD PROJECT – A MAJOR MULTI-MILLION OZ GOLD SYSTEM GROWING RAPIDLY WAS ONE OF AUSTRALIA’S 6.1 Mt @ 11.3 g/t for 2.2 Million oz gold 1 +3,600 km 2 RICHEST GOLD MINES PRODUCING strategic landholding Bellevue Gold Project JORC Inferred Resource Estimate 0.8 Moz @ 15 g/t GOLD (1986 TO Tier 1 jurisdiction 1997). • Resources are OPEN . • Adjacent existing historical underground development. CLOSED & FORGOTTEN • Outcrops at surface. Funded well into 2021 FOR 20 YEARS ~A$37.8 million cash 2 • Multiple high-grade lode gold system. (1997 TO 2017) • Excellent gold recoveries of 98.8%. • Granted mining licenses. • A major gold mining district with excellent infrastructure. Deacon Lode BELLEVUE GOLD LTD Maiden Inferred IS THE FIRST COMPANY TO EXPLORE FOR Resource 1 1.0Mt @ 12.3 Outlook 2020 GOLD SINCE THE MINE • Dewatering underground. CLOSED IN 1997 g/t for 0.4 Million oz • 2-4 x diamond core drill rigs. • Economic mining studies. • Step-out resource growth. • Resource upgrades. gold • Infilling for higher confidence. • 20 km strike potential. 3 Footnotes: 1. Refer ASX Resource Estimate 24/2/2020. 2. As announced to ASX on 23 April 2020 in the document titled March 2020 Quarterly Report. w w w . b e l l e v u e g o l d . c o m . a u
CORPORATE SUMMARY ASX:BGL BUILDING STRONG FOUNDATIONS Current Share Price A$0.94 ASX Code Market Capitalisation A$641 M BGL ASX 300 (September 2019) Cash 1 ~A$37.8 M Shares on issue 682M Management & consultant options 59M & performance rights unlisted (prices from $0.10 - $0.60) Top 20 Shareholders ~ 60% Shareholder Summary 2 ~ 58% Total Global & Australian Institutions Substantial institutional shareholders 12.4% - 1832 Asset Management LP 9.1% - Blackrock 5.9% - Tolga Kumova 5.6% - Van Eck ~ 7.5 % Board & Management (on a fully diluted basis) 4 Footnotes: 1. As at 31 March 2020; 2. As at 1 June 2020 w w w . b e l l e v u e g o l d . c o m . a u
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