High-grade drill results support Bellevue’s outlook

Bellevue Gold has delivered high-grade drilling results at its namesake project in Western Australia, with the company adding that results could bolster its FY26 to FY27 guidance of 130,000 to 150,000  ounces as operations move to the Deacon and Viago stopes.

The Deacon site delivered key results, including 3.2 metres at 137.8 g/t gold, 4.9 metres at 24.9 g/t gold, 2.8 metres at 31 g/t gold, and 0.7 metres at 132.8 g/t gold.

The company said its success during the September 2025 quarter has allowed grade control activities to advance rapidly, and that coverage is now up to nine months ahead of the production front across all mines.

The company said drill platforms will continue to aim for grade control coverage over 12-18 months ahead of production by the end of FY26, further de-risking the mine schedule.

Other results included intercepts from Marceline – 0.6 metres at 212.3 g/t gold and 1.6 metres at 116.4 g/t gold – and intercepts from Viago – 3.5 metres at 28.9 g/t gold and 0.6 metres g/t gold.

The Tribune area also delivered, with an intercept at 9.9 metres at 24.2 g/t gold, and another at 0.3 metres at 327 g/t gold.

Bellevue said these grades were above what is typically found with Australian underground averages, with the results pointing towards a continued build-up of high quality ore as stoping expands.

The company said Deacon is now fully operational, and with recent grade control results supporting expectations.

Production has been established in Viago with stoping to commence in the December 2025 quarter. Three drill rigs are also advancing grade control coverage in this area.

Further exploration drilling has been planned, including the deployment of underground drill rigs for resource conversion and resource growth drilling later in FY26.

A new surface diamond rig has also been scheduled for the December quarter for an 8000-metre program to test near mine drill targets including the major corridor east of the Bellevue mine.

Looking ahead, further grade control drilling is scheduled for Deacon North commencing in October 2025, with the company’s latest mine-area maps highlighting key stopes scheduled or FY26 at Deacon Main, Viago, Tribune and Armand.

The drill results follow Bellevue delivering record throughput rates during the June quarter.

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