BVR - Bellavista Resources

[System]

Bellavista Resources Limited is an early-stage Australian mineral exploration company incorporated on 30 November 2021 with a focus on discovering sedimentary exhalative mineralisation such as zinc and nickel, iron oxide copper gold, uranium and sulphide related precious and base metal deposits in the Upper-Gascoyne Region of Western Australia.

The Company's main project is the Edmund project, which consists of five granted exploration licences, and two exploration licence applications, totalling approximately 1,068km2 of tenure. The project is prospective for zinc, copper, silver, gold, uranium, platinum group elements (PGEs) and nickel, as shown from anomalous to significant results from previous limited exploration activities. The Edmund Projects collectively refers to the Brumby, Vernon and Gorge Creek Projects.

The Company's assets are located approximately 120-200km southwest of Newman, Western Australia.

It is anticipated that BVR will list on the ASX during May 2022.

Bellavista Resources (ASX: BVR) | Mineral Exploration Company

Bellavista Resources is a mineral exploration company targeting large, high-grade base metal and battery mineral deposits in Western Australia.

www.bellavistaresources.com

 

[Dona Ferentes]

Listing date	12 May 2022 ; 11:00 AM AEST ##
Contact details	Bellavista Resources (ASX: BVR) | Mineral Exploration Company Bellavista Resources is a mineral exploration company targeting large, high-grade base metal and battery mineral deposits in Western Australia. www.bellavistaresources.com
Principal Activities	Exploration and mining
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	BVR
Capital to be Raised	$6,500,000
Expected offer close date	19 April 2021
Underwriter	Not underwritten, Canaccord Genuity (Australia) Limited (Lead Manager)

 

[Dona Ferentes]

coming up for 2 years since IPO ... Market cap of $5 million

.
- Backed by some of WA’s most successful mining professionals
Significant shareholders including Steve Parsons (ASX:BGL) and Mark Clark (ASX:CMM).
- Leveraged against commodity cycles with prospectivity for multiple minerals and deposit styles
- Project with the potential to deliver world-class scaled deposits .. Brumby makes up only 6% of the Bellavista’s broader Edmund Basin tenure
- Well-positioned in a Tier 1 Province with very little prior exploration
- Right age, geology and setting to host Giant to Super-Giant stratabound base metal and battery mineral deposits, Buried IOCG’s and mafic/ultramafic related mineralisation
- Discussions underway for funding and development opportunities
- Board & Management with a track record of making discoveries and delivering value back to shareholders
- Strong team focused on returning significant shareholder value over time
- Aggressive and innovative explorers – Use good science to create value, always seeking new project opportunities that can deliver value to our shareholders

 

[peter2]

Still kicking over rocks in WA trying to find something. Raised another 5M for operating expenses and due diligence operations.

 

[Country Lad]

I have been watching this one for a while. Parsons & Clark (who own 22%of the shares) have a history of letting the geos get on with the stone kicking and suddenly there is an announcement of good drill results.
Interesting that there was a +50% price increase in the month to mid Nov with little increase in volume.
One of my triggers hints at a break if it closes at 48 cents but it will need some more volume for that break.