Bellevue Gold Drills Ahead with High-Grade Hits, Boosting FY26 Production Outlook
Bellevue Gold Limited’s latest grade control drilling results reinforce its confident FY26 production guidance, with operations advancing into higher-grade zones and exploration set to resume.
- Grade control drilling currently nine months ahead of production
- High-grade intercepts support FY26 production guidance of 130–150koz
- Deacon, Viago, and Marceline mining areas driving increased output
- Deacon North development progressing, first ore expected late FY26
- Exploration drilling to recommence with 8,000m surface program in December quarter
Strong Drilling Results Bolster Production Confidence
Bellevue Gold Limited (ASX – BGL) has released a comprehensive update on its grade control drilling at the Bellevue Gold Mine in Western Australia, delivering a series of high-grade intercepts that underpin its production guidance for the 2026 financial year. The company reported impressive results such as 3.2 metres at 137.8 grams per tonne (g/t) gold and 4.9 metres at 24.9 g/t gold, reinforcing expectations for increasing grades and improved margins as mining advances into richer zones.
Operations Advancing Ahead of Schedule
Grade control drilling is currently running approximately nine months ahead of production across all major mining areas, including Deacon, Viago, Marceline, and Tribune. Bellevue aims to extend this lead to 12–18 months by the end of FY26, a strategic move that reduces operational risks and enhances mine planning accuracy. The Deacon area is fully operational, while Viago has established production with stoping scheduled to commence in the December quarter. Meanwhile, underground development at Deacon North is progressing well, with first ore expected in late FY26.
Deacon North – A Key Growth Area
Deacon North stands out as the largest high-grade mining area within the Bellevue Gold Project, poised to significantly contribute to production over the next five years. Previous drilling results in this zone have yielded remarkable grades, including 5.6 metres at 62.7 g/t gold and 2.7 metres at 113.2 g/t gold. The ongoing underground development and upcoming grade control drilling scheduled for October 2025 will further define this critical resource.
Exploration Set to Reignite
With the mine construction and ramp-up phases largely complete, Bellevue is preparing to recommence exploration drilling in FY26. An 8,000-metre surface diamond drilling program is planned for the December quarter to test near-mine targets, including a major corridor east of the Bellevue mine. Additionally, underground rigs will be redeployed for resource conversion and growth drilling, aiming to unlock further upside potential within the project area.
Technical Rigor and Compliance
The company’s drilling and sampling adhere to industry best practices, including the use of NQ diamond core drilling, rigorous quality control protocols, and advanced assay techniques such as PhotonAssay. All results are supported by detailed geological logging and are compliant with the JORC Code 2012 Edition, ensuring reliability and transparency for investors and stakeholders.
Bottom Line?
Bellevue’s ahead-of-schedule drilling and high-grade results set the stage for a robust FY26, but assay confirmations and exploration outcomes will be key to sustaining momentum.
Questions in the middle?
- How will pending assay results from recent drill cores impact grade and production forecasts?
- What are the potential risks or delays in advancing Deacon North to full production?
- How aggressively will Bellevue pursue exploration drilling beyond the planned 8,000 metres?
