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Bellevue Gold Limited (ASX:BGL)

ALERT: Price-sensitive ASX Announcement for BGL
Current share price for BGL : $1.540 0.73 (90.12%)+
Announcement
Release
1 Aug 2025 8:20AM
Price at Release
$0.810
Full Release
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Summary
Bellevue Gold Limited (BGL) has released its annual Mineral Resource and Ore Reserve statement, alongside production guidance for FY26. The company reports a significant increase in its Mineral Resources and Ore Reserves at the Bellevue Gold Project, driven by extensive drilling and ongoing exploration success. The updated Mineral Resource now stands at 12.6Mt @ 9.1g/t gold for 3.7Moz, with Ore Reserves at 5.5Mt @ 6.1g/t gold for 1.1Moz. The company has set out a production target of 220,000oz per annum from FY26, underpinned by these updated reserves and ongoing resource growth. Bellevue has also highlighted its focus on further exploration to extend mine life, ongoing operational improvements, and a strong commitment to sustainability and safety initiatives. The report shows Bellevue’s confidence in the long-term potential and growth prospects of the project.
Key Points
  • Bellevue Gold Limited released its annual Mineral Resource and Ore Reserve statement.
  • Significant increase in Mineral Resources to 12.6Mt @ 9.1g/t gold for 3.7Moz.
  • Ore Reserves increased to 5.5Mt @ 6.1g/t gold for 1.1Moz.
  • FY26 production guidance set at 220,000oz per annum.
  • Ongoing drilling and exploration underpin resource and reserve growth.
  • Focus on extending mine life through further exploration.
  • Operational improvements and efficiency initiatives underway.
  • Company maintains a strong safety and sustainability focus.
  • Report demonstrates confidence in long-term project growth potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.