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Bellavista Resources Limited (ASX:BVR)

ALERT: Price-sensitive ASX Announcement for BVR
Current share price for BVR : $0.380 -0.015 (-3.80%)+
Announcement
Release
9 Jun 2026 8:29AM
Price at Release
$0.395
Full Release
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Summary
Bellavista Resources Ltd (ASX: BVR, OTCQX: BVRXF) has announced the commencement of a 15,000-meter diamond drilling program at the Pickle Crow Gold Project in Canada. The focus is on assessing the open pit potential of a near-surface inferred mineral resource of 1 million ounces of gold at 4.1g/t. The project, boasting a total inferred resource of 2.8 million ounces, is supported by data from previous owners, Fire Fly Metals. Bellavista has secured experienced contractors for this phase, including Orbit Garant Drilling and Bayside Geosciences. The company has a robust cash position with $31 million at the end of April, ensuring the exploration program's funding. The project is strategically important due to its significant historical gold production and potential for future discoveries.
Key Points
  • Commencement of 15,000m diamond drilling at Pickle Crow
  • Focus on open pit potential of 1Moz at 4.1g/t gold
  • Total inferred resource of 2.8Moz at Pickle Crow
  • Bellavista has $31 million in cash for funding
  • Data from Fire Fly Metals supports exploration
  • Strategically significant due to historical production
  • Contractors include Orbit Garant Drilling, Bayside Geosciences
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.