The completion of key ventilation, pumping and power upgrades have put Bellevue Gold on track to meet its 2024–25 financial year (FY25) guidance.
The company celebrated gold production of 35,993 ounces (oz) and gold sold of 39,405oz for the September 2024 quarter, with progress in infrastructure upgrades to support increases in underground ore movement at its namesake gold mine in Western Australia.
Bellevue achieved a processing throughput rate of one million tonnes per annum with underground ore movement increasing to 222,000 tonnes.
Bellevue managing director Darren Stralow said the September quarter was a pivotal one for the company.
“As part of our strategy, we completed several key infrastructure projects, providing ample ventilation, pumping and power upgrades,” Stralow said.
“These were important achievements because they are already underpinning increases in mine development and ore movement rates.
“This means we are on track to meet our FY25 guidance, including an annualised production rate of 200,000oz by the June 2025 quarter.”
The September quarter saw Bellevue begin exploration drilling, with a dedicated diamond rig following up high priority targets,
An additional underground rig is scheduled to be added later in FY25 as drill platforms become available.
A total of 30,857m of underground drilling was completed during the quarter, and grade control drilling is ongoing with three rigs operating.
Bellevue is also on track to achieve its aspirational goal of net-zero greenhouse gas emissions for the Bellevue gold project by 2026.
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