SURFACE

Activity at Vanguard

Looking to generate early cashflow

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Bellevue Gold is looking to generate early cashflow by toll treating an estimated 10,000 ounces of gold in mid-2023 ahead of completion of the site's 1 million tonne per annum processing plant.

Once mined, waste material from Vanguard will go into the TSF.

Surface mining contractor NRW has fully mobilised to site with all required staff and equipment to start working on the $24 million contract, which includes mining of the Tribune boxcut.

Underground mining contractor Develop Global is also on site with underground development advancing well with more than 10km of development done.

The contractor has reported excellent development rates, with three underground jumbos operating and targeting an average of more than 300m of advance per jumbo per month.

Work also continues on two raisebores with reaming continuing at both the northern escape way and the southern vent rise.

The processing plant build is also on schedule, with the ball mill on site, ready for installation.

The secondary and tertiary crushers have been installed with progress also made on structural steel work for the crushing circuit.

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