Shares of Bellevue Gold (ASX:BGL) saw a considerable rise of 5.5% to A$1.545, making it their highest intra-day jump since July 11.

At present, Bellevue Gold (ASX:BGL) is trading at a 2.6% increase at A$1.5025 - its highest level since July 24.

This makes Bellevue Gold (ASX:BGL) the second-largest gainer in the ASX 200 benchmark index.

The known gold explorer unveiled they had discovered exceptionally high-grade mineralisation following infill drilling in their preparations to initiate mining operations at its Bellevue Gold Project in Western Australia.

The company further added that the results of the infill drilling bode well for overall production at the project.

Bellevue Gold (ASX:BGL) anticipates the first production from the project in the forthcoming quarter.

Closing the year, Bellevue Gold (ASX:BGL) has seen a nearly 30% increase, compared to a 4.5% increase in the ASX 200 benchmark.

Bellevue Gold is a company based in Western Australia that is primarily engaged in gold explorations.