Bellevue Gold (ASX:BGL) said it expects its fiscal year 2026 gold production to be between 130,000 ounces and 150,000 ounces at the Bellevue gold project in Western Australia at an all-in sustaining cost of between AU$2,600 per ounce and AU$2,900 per ounce, according to a Friday Australian bourse filing.
Sustaining the current development rates could provide the firm an opportunity to outperform production and cost guidance for fiscal year 2026, per the filing. Growth capital and exploration expenditure were guided at AU$80 million to AU$90 million.
A feasibility study update is underway, and a final investment decision is expected during the fiscal year.
The establishment of stoping access to the higher-grade Viago and Deacon North orebodies is expected to lead to higher quarterly production.
The firm is targeting 175,000 ounces per annum to 195,000 ounces per annum in fiscal year 2027.
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