Bellevue Gold (ASX:BGL) reported a solid operational and financial performance for the December 2025 quarter, underpinning confidence in meeting its FY26 production guidance of 130–150koz.
The company mined 307kt of ore at 3.8 g/t for 37koz of gold and processed 281kt at 3.7 g/t for 32koz, while surface stockpiles increased to an estimated 41kt at ~2.6 g/t, equivalent to ~3.5koz.
Mined and processed grades rose through the quarter as development and stope tonnes accessed higher-grade zones in line with the mine plan.
Metallurgical recovery averaged 96.1%, exceeding the assumptions used for FY26 guidance.
Production was temporarily restricted by a safety-related suspension of underground development in the last week of December and delayed access to a high-grade stope at Deacon; both issues have since been resolved, with high-grade ore scheduled for processing in January 2026.