Ann: Drilling results point to further Reserve growth, page-4

Bellevue Managing Director Steve Parsons said:

“The combination of these latest strong drilling results and the excellent development progress shows that we are delivering on our two-pronged strategy to generate growth and project construction in parallel.

“The drilling results demonstrate the immense potential to continue growing the reserve, which will in turn underpin increases in mine life and the production rate.

“At the same time, we are achieving strong progress on numerous fronts as we continue underground development and camp construction while advancing key contracts and preparing to order long-lead items.

“With more drilling taking place from underground, which is faster and cheaper, we are set to announce an updated Resource and Reserve next month while continuing to drive inventory growth beyond that.

“This puts Bellevue in the enviable position of creating shareholder value through two avenues at a world-scale project in a tier-one location.”