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 BELLEVUE GOLD PROJECT

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The Bellevue Gold Project, located 157km north west of Laverton in Western Australia.

Bellevue sits within a high-grade gold district that includes Ramelius’ Kathleen Valley (KV) and Vivien projects, which are both 7km north, and 35km south of Bellevue respectively.

Having reviewed the exploration potential of the project, Draig believe Bellevue will provide a significant opportunity to apply modern exploration techniques to a historically significant Western Australian gold mine that is poorly understood and under explored.

Draig’s first pass exploration program will primarily focus on further understanding the role of the Highway fault and its relationship with historical resources as well as its association with potential down dip extensions to the Bellevue main lode.  Conjecture exists to whether this fault displaces mineralisation or is part of the mineralising fluid pathway.  Draig believes that through the use of modern EM systems to target the mineralisation which is associated with pyrrhotite, extensions to the significant mineralisation previously mined at Bellevue main, can be delineated. In addition, this exploration philosophy will be applied to the surrounding project area to determine the potential of hosting similar Bellevue style targets.

EM technology has since vastly improved with the introduction of higher powered transmitters, use of electro magnetics to detect highly conductive mineralisation and vastly improved delivery mechanisms. Draig believes utilising these new technologies will provide a significant opportunity in identifying and validating extensions to the current Bellevue ore body as well as identifying regional targets for follow up drilling.

The significant drilling results at Southern Belle, which includes historical intersections of 4.4m by 22.87g/t and 1.4m @ 33.08g/t are currently being evaluated to determine its size potential in conjunction with a review of historical open pits.