Bellevue Gold has signed an agreement with Genesis Minerals to process material at its Gwalia Processing plant in a deal to enable early cashflow. Ore from the Vanguard Open Pit at the Bellevue Gold Mine will be trucked by MLG Oz to the Genesis facility around 170km south of the mine. This agreement allows Bellevue to generate early cashflow ahead of its Processing Plant opening due December quarter 2023.
Vanguard is currently being mined and stockpiled pre production, with waste being used to build a Tailings Dam wall. NRW Holdings are currently making strong progress in the mining of the open pit and construction of the tailings storage facility.