• Strong operating cash flows of $53.7 million
• Investing activities of $44.3 million, including $37.1 million for mine development
• Financing activities used $8.2 million, including $8.2 million for debt servicing

Bellevue Gold Ltd has reported its Q3 2025 cash flow results, showing strong operating cash flows of $53.7 million, driven by receipts from customers. Investing activities used $44.3 million, including $37.1 million for mine properties in development and $6.8 million for property, plant and equipment. Financing activities used $8.2 million, primarily for debt servicing including bank interest, lease interest, and lease principal payments. The company ended the quarter with a cash balance of $152.8 million and had $100 million in drawn loan facilities, with no unused financing facilities available. The company's Project Loan Facility with Macquarie Bank has a tenor to 31 December 2027, with quarterly repayments of $25 million commencing in CY27.