BGL 1.58% $1.93 bellevue gold limited

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    West Aussie version of the Fosterville mine.

    The Fosterville mine had a head grade of 4 to 5 g/t until 2016 when the Canadians took over and drilled deeper ( beyond 300m) discovering the Eagle and Swan zones) , head grade became 31+ g/t.
    Quite often the head grade would significantly exceed the resource grade.

    Tried to do a "back of the envelope" calculation, but my calculator melted.

    GLTA




 
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