Post by Bellevue Gold

📄 Bellevue Gold Project operations and exploration update: https://loom.ly/JUVW35s Operations made a solid start to the quarter with April 2026 and May 2026 production of 28.1koz at an estimated head grade of 4.6 g/t gold; and production for the 11 months to 31 May 2026 was ~130koz compared with the FY26 guidance range of 130-150koz. Consequently, we are well placed to beat the mid-point of FY26 annual production guidance and meet AISC guidance of A$2,600-A$2,900/oz. The results are in line with our goal to consistently produce ~40koz per quarter now that all five of the key mining areas of Deacon, Deacon North, Marceline, Viago and Tribune are established. The first underground extensional drilling program has also commenced at Tribune South and intersected mineralisation following the advancement of the Southern Belle Decline, and paste plant construction is underway and progressing on schedule. We will continue using positive free cash flow generated from operations to continue accelerating forward gold sale contract pre-deliveries throughout 2026, with plans to reduce the hedge book to 65-70koz by the end of the quarter (from 91.7koz on 31 March 2026). Our Managing Director Darren Stralow said: “Progress through FY26 is in line with Bellevue’s stated goals of continued delivery against guidance, continued de-risking through hedge book pre-delivery and growth through the progressive unlocking of the excellent exploration opportunity we have at Bellevue.”