Bellevue monthly production up 28pc

Bellevue Gold has announced its monthly production increased by 28 per cent in February - from 10,475 ounces to 13,364oz - on the back of higher grades, coupled with underground stoping ore.

The Darren Stralow-led company has steadily increased its production each month since October last year at its signature Bellevue gold project, located 40 kilometres north of Leinster, in the northern Goldfields. 

Mr Stralow told the market Bellevue was confident of maintaining its 2024 first-half production guidance of 75,000-85,000oz, which would aid the company's cash flow. 

In July last year, the West Perth-based goldminer signed a deal with Genesis Minerals, permitting it to process material at Genesis' Gwalia operation, near Leonora. 

Bellevue last traded at $1.60 per share, up 10 per cent, as of 1.50pm AWST.