BELLEVUE GOLD ONE STEP CLOSER TO FIRST GOLD PRODUCTION AT BELLEVUE PROJECT

PRE-PRODUCTION MINING STOCKPILING TO FIRST GOLD PRODUCTION

Stoping commenced at Marcelline and Bellevue during the pre-production phase which will provide stockpiled tonnes for processing the plant during commissioning of the plant.

Bellevue have also been provided with a new $25M debt limit, which is to provide a source of contingent funds and further balance sheet flexibility. The facility will expire if unused by the 31st March 2024.

Toll treating has also proved successful with the first gold bar being poured under an arrangement with Genesis Minerals.

The Company also enjoys ongoing support from their bankers Macquarie Bank.

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