Bellevue Gold Limited confirmed that it has received the final approval required for construction of the processing plant at its Bellevue Gold Project in WA. Construction of the plant is now underway in line with the project schedule, targeting first gold in the second half of CY2023. Key activities required for plant construction that have already been undertaken are: Site civil and earthworks well advanced.

The process plant area has been cleared and prepared for immediate construction. Processing plant constructor GR Engineering has completed mobilisation onsite. Fabrication and supply of long lead critical path items running ahead of schedule The plant layout has been designed in consultation with Tjiwarl Native Title Holders to optimise the existing topography and minimise land disturbance.

The plant has also been optimised to maximise use of renewable energy, as outlined in the recently announced early works agreement for the power station, by incorporating higher throughput rates in the crushing circuit. This will enable plant utilisation to rise and fall in line with the availability of renewable energy while not restricting overall throughput. The plant has also been designed to accommodate future growth and incorporates sufficient headroom to support an increase in throughput to 1.2Mtpa with no additional capital required.

Further expansions beyond 1.2Mtpa can be achieved for a relatively low capital cost. As part of the preliminary works agreement, the fabrication and supply of long lead critical path items commenced in May 2022 and is running ahead of plan, significantly de-risking the construction schedule.