Bellavista Resources Ltd. announced that strong geophysical and petrology results have led it to identify a host of highly promising base metals drill targets at its Brumby Project in WA. Summary of Results: The passive seismic (Ambient Noise Tomography - ANT) geophysical survey carried out by Fleet Space has highlighted several high-velocity (high density contrast) anomalies adjacent to deep-tapping regional structures (possible feeder structures), within the limited 8sqkm trial survey area. Importantly, high velocity ANT anomalies are coincident with EM conductors identified in an historic 1km-spaced TEMPEST EM survey (partly overlapping the ANT data).

In addition, petrology has confirmed the presence of a high-tenor nickel mineral (Vaesite) and a high-tenor copper mineral (Chalcocite) in the Phase 1 drilling. Their presence indicates the potential for high-grade enrichment, with both minerals over-printing or replacing in-situ iron sulphide (pyrite) zinc sulphide (sphalerite) and copper sulphide (Chalcopyrite) close to structures. Geophysics: The Company recently received the data from a trial passive seismic (ANT) survey conducted in the December quarter of 2022 and a petrology report for several drill core samples collected from the Phase 1 drilling undertaken late last year.

After processing and an interpretation of the trial ANT geophysical survey by Fleet Space, a 3D block inversion model was created. This model has highlighted several high velocity (high density contrast) anomalies adjacent to deep-tapping regional structures (possible feeder structures), within the limited 8km2 trial survey area. Importantly, Bellavista's technical team has observed that a high velocity ANT anomaly is coincident with an EM conductor in the late channels of an historic 1km spaced TEMPEST EM survey, only partly covering the ANT survey area.

This anomaly is a priority drill target in upcoming diamond drilling and has encouraged the Company to fast-track its airborne geophysical surveys plans for both aeromagnetics/radiometrics and helibourne EM. These surveys will provide ultra-detailed datasets for better defining base metal sulphide related EM conductors and the fault/structures in and around the Brumby system. Petrology: In addition, Bellavista has recently received a petrology report from several core samples selected from the Phase 1 program for characterisation.

Confirmation of the style of mineralisation in the main mineralised horizon were complemented by two highly encouraging observations from zones identified to contain high-grade nickel and high-grade copper in BRDD0002 and BRDD0003 respectively. These observations are important because they show the presence of a high-tenor nickel mineral (Vaesite NiS2) and high-tenor copper mineral (Chalcocite Cu2S) at Brumby. Vaesite in particular is an unusual nickel sulphide mineral and a dominant nickel mineral in sediment hosted nickel mines such as First Quantum's Enterprise Mine in Zambia.

The presence of these high-tenor minerals indicates the potential for high-grade enrichment, with both minerals over-printing or replacing in-situ iron sulphide (pyrite) zinc sulphide (sphalerite) and copper sulphide (Chalcopyrite) close to structures. Brumby sits within Bellavista's Edmund Basin Projects, which cover approximately 140km of strike of the northern margin, with an additional 35km of strike on the East Abra Project on the southern margin, of this highly prospective basin. The Projects include Brumby Deposit, Vernon Base Metals, Vernon Nickel/PGE, Gorge Creek and East Abra.

The properties are prospective for large to super-largeSEDEX base metal deposits, Abra-style IOCG Cu-Pb-Ag-Au deposits, sulphide related Nickel/PGE's deposits sourced from Mafic/Ultramafic Intrusions and possible sediment hosted Uranium.