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Bellavista Resources Limited (ASX:BVR)

ALERT: Price-sensitive ASX Announcement for BVR
Current share price for BVR : $0.305 -0.095 (-23.75%)+
Announcement
Release
18 Sep 2026 9:33AM
Price at Release
$0.400
Full Release
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Summary
Bellavista Resources Limited (ASX: BVR, OTCQX: BVRXF) announced an update on its Canadian and Australian projects, highlighting progress at the Pickle Crow Gold Project in Ontario and the Brumby Project in Western Australia. At Pickle Crow, the company is undertaking an initial 15,000 metre Mineral Resource delineation and extensional drilling program focused on the upper 260 metres of the existing resource, which includes 1Moz at 4.1g/t Au above a 0.5g/t Au cut-off within a total inferred resource of 2.8Moz at 7.2g/t Au; about 3,000 metres had been drilled by early September into the western ends of Zones 1 and 3, but assay results have been delayed to October due to Canadian laboratory turnaround times of up to 10 weeks, prompting Bellavista to add another laboratory. The company has also commenced preliminary development studies at Pickle Crow, engaging CSL Environmental and Geotechnical for environmental baseline work and Primero Group Americas to review prior metallurgical work and design a testwork program for near-surface mineralisation. At Brumby, Bellavista is preparing bulk samples from a recently completed 4,000 metre RC drilling program for CSIRO column leach testwork, following a site visit and Perth workshop involving CSIRO, ANU and Bellavista personnel, with the RC program also aimed at testing mineralisation continuity and generating targets for a resource definition drilling program later in 2026.
Key Points
  • Bellavista provided a projects update covering Pickle Crow in Ontario, Canada and Brumby in Western Australia.
  • A 15,000 metre Mineral Resource delineation and extensional drilling program is underway at Pickle Crow.
  • Drilling at Pickle Crow is focused on the top 260 metres of the existing resource containing 1Moz at 4.1g/t Au within a total inferred resource of 2.8Moz at 7.2g/t Au.
  • Approximately 3,000 metres had been drilled into the western ends of Zones 1 and 3 by early September 2026.
  • Pickle Crow assay results are now expected in October due to laboratory turnaround delays of up to 10 weeks in Canada.
  • Bellavista has commenced using an additional Canadian laboratory to improve assay processing capacity.
  • Preliminary environmental baseline studies at Pickle Crow have been initiated with CSL Environmental and Geotechnical.
  • Primero Group Americas has been engaged to review previous metallurgical work and prepare a new testwork program for near-surface mineralisation at Pickle Crow.
  • At Brumby, bulk samples from a recently completed 4,000 metre RC drilling program are being prepared for column leach testwork with CSIRO.
  • CSIRO and ANU personnel visited the Brumby site in early September, followed by a Perth workshop to finalise column leach testwork and analysis arrangements.
  • The Brumby RC drilling program was also designed to test mineralisation continuity and support a resource definition drilling program planned for later in 2026.
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.