What Bellavista Resources does

Bellavista Resources Ltd (ASX: BVR; OTCQX: BVRXF) is an Australian mineral exploration company incorporated in Western Australia in November 2021, focused on discovering and acquiring precious and base metal deposits in Tier 1 mining jurisdictions. The company's portfolio spans two geographies: Ontario, Canada — anchored by the Pickle Crow Gold Project (inferred resource of 2.8Moz at 7.2g/t gold under NI 43-101 / JORC 2012) and the Sioux Lookout Project — and Western Australia, where it holds the 100%-owned Brumby Base Metal Project plus the Vernon Base Metals, Vernon Nickel-PGE, Gorge Creek Nickel-PGE, and Kiangi Uranium targets in the Edmund Basin. Bellavista acquired the Ontario gold assets from FireFly Metals in April 2026 for 60 million shares plus 50 million performance rights, funded in part by a contemporaneous A$25 million placement, and subsequently exercised a C$3 million buydown right to lift its interest in PC Gold to 80%.

Name

Bellavista Resources

Legal name

Bellavista Resources Limited

Website

https://bellavistaresources.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Bellavista Resources is an ASX-listed Australian mineral exploration company focused on discovering and acquiring high-grade gold and base metal deposits in Tier 1 jurisdictions across Ontario, Canada and Western Australia for institutional and retail mining investors.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220), Other Metal Ore Mining (21229), Mining (except Oil and Gas) (212)

SIC

Gold And Silver Ores (1040), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industry

Coal Exploration & Resource Development (IMAKAIAE)

Keywords

• Mineral exploration
• Gold exploration
• Base metals exploration
• Battery minerals exploration
• Uranium exploration

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Pre-Revenue Exploration Stage: Company is in exploration phase with no current revenue. Generates value through resource discovery and mineral asset appreciation, with the intent to either develop projects internally or be acquired by larger mining companies. Future revenue would come from gold production and/or asset divestment.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Bellavista Resources is a mineral exploration company that acquires, advances, and explores gold, base metal, nickel-PGE, and uranium projects in Tier 1 mining jurisdictions (Ontario, Canada and Western Australia). Its core asset is the 80%-owned Pickle Crow Gold Project with an inferred resource of 2.8 Moz at 7.2 g/t gold; it also 100%-owns the Brumby Base Metal Project and a portfolio of Vernon, Kiangi, Gorge Creek, and Sioux Lookout exploration tenements. Revenue is intended to be generated through future gold production and/or sale of mineral assets to major mining companies.

Product overview

Bellavista Resources Ltd is an Australian mineral exploration company (ASX: BVR) focused on acquiring and developing precious and base metal deposits in Tier 1 jurisdictions. The company operates a portfolio of exploration projects spanning gold, base metals, nickel-PGE, and uranium across Canada and Western Australia. The core portfolio includes the Pickle Crow Gold Project in Ontario, Canada (2.8Moz at 7.2g/t gold), the 100%-owned Brumby Base Metal Project in Western Australia, the Vernon Base Metals and Nickel-PGE Projects, and the Kiangi Uranium and Gorge Creek Nickel-PGE Targets. The company is led by mining industry veterans who previously led De Grey Mining through its A$6 billion takeover by Northern Star Resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Pickle Crow Gold Project High-grade gold exploration project in Ontario, Canada with an inferred JORC/NI 43-101 mineral resource of 2.8 Moz at 7.2 g/t gold. Spans near-mine and regional targets across approximately 500 sqkm of tenure in the Northern Pickle Lake greenstone belt, with existing on-site infrastructure including grid power, road access and historic mill facilities.
• Brumby Base Metal Project 100%-owned zinc-copper-silver exploration project covering 81.4 km² in Western Australia, located approximately 45 km northwest of the near-production Abra Base Metal Mine and prospective for SEDEX-style base metal deposits.
• Vernon Base Metals Project Base metal exploration project covering approximately 80 km of strike continuation from the Brumby Project, targeting SEDEX-style base metal deposits with elevated zinc, silver and copper values in the Edmund Basin of Western Australia.
• Vernon Nickel-PGE Project Nickel-platinum group element exploration project targeting sulphide accumulations in mafic/ultramafic intrusive sills within the Edmund Basin sediments in Western Australia, with geological analogies to the Nova-Bollinger discovery.
• Sioux Lookout Project Gold exploration project located in the Wabigoon sub-province of the Superior Craton in Ontario, Canada, comprising 25 km of prospective strike within a 160 km² tenement package with surface samples returning up to 73.6 g/t Au.
• Kiangi Uranium Target Uranium exploration target in the Edmund Basin of Western Australia with high-grade surface rock chip samples returning up to 0.12% uranium and mapped strike of at least 35 km.
• Gorge Creek Nickel-PGE Project Nickel-PGE exploration project covering the western extension of the Vernon Nickel-PGE mafic/ultramafic intrusive sills in the Edmund Basin of Western Australia, targeting sulphide accumulations with geological analogies to the Nova-Bollinger discovery.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• Canaccord GenuityminorChannel Partner/ Reseller/ Distributor · 11 May 2026Appointed as sale agent to handle cash proceeds from sale of Bellavista shares for ineligible FireFly shareholders who could not receive in-specie distribution.
• First Mining Gold Corp.coreStrategic or Co-development Partner · 29 April 2026Joint venture partner at Pickle Crow Gold Project following Bellavista's acquisition of FireFly's 70% stake. Bellavista exercised buydown right paying C$3 million to reduce First Mining's stake from 30% to 20%. First Mining retains free-carried interest to a decision to mine. The relationship provides Bellavista with operational control while First Mining maintains project exposure.
• FireFly Metals LtdcoreStrategic or Co-development Partner · 29 April 2026Completed sale of Ontario Gold Assets (70% in Pickle Crow Project and 100% of Sioux Lookout Project) to Bellavista for 60 million Bellavista shares and 50 million performance rights. FireFly distributed Bellavista shares to its shareholders via in-specie distribution on May 11, 2026.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Catalyst Metals: ASX-listed gold explorer (ASX: CYL) with high-grade Australian projects. Comparable as a junior ASX gold explorer focused on resource growth and acquisition optionality across multiple Tier 1 projects.
• Ramelius Resources: ASX-listed mid-tier gold producer (ASX: RMS). Comparable as a Tier 1 Australian gold operator with a track record of acquiring and developing advanced projects, making it a plausible acquirer for Bellavista's Pickle Crow asset.
• Capricorn Metals: ASX-listed gold producer and explorer (ASX: CMM) with Australian and African assets. Comparable as an ASX gold growth company transitioning from explorer to producer, the same life-cycle stage Bellavista is targeting with Pickle Crow.
• Vault Minerals: ASX-listed gold miner (ASX: VAU) with Australian and Canadian operations. Comparable as a mid-tier gold platform with cross-jurisdictional exposure (including Canada) and an active M&A profile.
• Bellevue Gold Limited: ASX-listed high-grade Australian gold developer (ASX: BGL). Directly comparable as a high-grade, single-asset gold growth story on the ASX, with a similar project-development-and-exit narrative; the same Joint Company Secretary joined Bellavista from Bellevue.
• Skeena Resources: TSX-listed (TSX: SKE) Canadian high-grade gold developer. Comparable as a high-grade, single-asset Canadian gold developer progressing to a construction decision, the same stage Bellavista is targeting at Pickle Crow.
• Westgold Resources: ASX-listed mid-tier gold producer (ASX: WGX) operating in Western Australia. Comparable as an Australian gold platform that has grown through exploration and consolidation, providing a realistic acquirer profile for a Pickle Crow-style asset.

Regional players

• FireFly Metals: ASX-listed (ASX: FFM) copper-gold explorer that divested its Ontario gold assets to Bellavista and distributed Bellavista shares in-specie to its shareholders. Comparable as a junior ASX-listed base/precious-metal explorer and the direct counterparty to Bellavista's flagship transaction.
• First Mining Gold: TSX-listed (TSX: FF) Canadian gold developer that retains a 20% free-carried interest in Pickle Crow via PC Gold Inc. Comparable as a Canadian gold junior and a direct JV partner; its 20% interest will share in any future Pickle Crow production economics.

Broad incumbents

• Northern Star Resources: ASX-listed major gold producer (ASX: NST) and the acquirer of De Grey Mining. The most directly relevant precedent acquirer for the Pickle Crow asset and the company whose management team Bellavista is replicating.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/BellavistaASX
• Facebookfacebook.com/BellavistaResources
• LinkedInlinkedin.com/company/bellavistaresources

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bellavista Resources