Australia's Bellevue Gold among top ASX gainers on strong mineralisation

Bellevue Gold

03/08/2023 03:30

** Shares of Bellevue Gold Ltd  BGL.AX  rises as much as
5.5% to A$1.545, their biggest intra-day jump since July 11
    ** BGL trading 2.6% higher at A$1.5025, as of 0154 GMT,
highest level since July 24
    ** BGL second-biggest gainer in the ASX 200 benchmark index
 .AXJO 
    ** Gold explorer says found "exceptionally high-grade
mineralisation" after infill drilling in preparation to start
mining at its Bellevue Gold Project in Western Australia
    ** Adds that infill drilling results "augur very well for
production at the project"
    ** Says first production from project expected in the coming
quarter
    ** BGL up nearly 30% this year as of last close, vs a 4.5%
increase in the ASX 200 benchmark 

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))