Bellavista Resources (ASX: BVR) – Explore base metals in Newman

COMPANY SCOREBOARD

Pro Plus	Pro	Con Plus	Con
Prominent mining heavy weight behind the company			No project pipeline

ABOUT COMPANY

Bellavista Resources (BVR) (https://www.bellavistaresources.com/) explores zinc and nickel, iron oxide copper gold, uranium, and sulphide-related precious and base metal deposits in the Newman Region of Western Australia.

The company was listed in May 2022 by raising $6.5m@20c.

CAPITAL STRUCTURE


ASX Code	Share Price	Shares	Option (In)	Market Cap	Cash/Asset ($m)
BVR	0.135	107327230		14489176.05	2/0


Holders No	Top 20 (Cur)	Top 20 (Pre)	Director Hold	Performance Right	Note
532	54.53%	61.42%	5.59%	1525000	last raise $1.5m@13c

The board is made of average executives.

BGL founder and Managing Director Steve Parsons and CMM Executive Chairman Mark Clark are backing the Company each having a significant 10% stake.

FLAGSHIP ASSETS

Brumby Base Metals Project Newman WA

Vernon Nickel-PGE REE Project Newman WA

Gorge Creek Nickel-PGE Project Newman WA

Newman - Base Metals, REE - G1A, DRE, BVR

Project Data

Phase 1 Diamond & RC and Phase 2 RC was completed for a total of ~6000m in Q4CY22, nothing was found.

SUMMARY

This is to be reviewed once the initial drilling results are available.