Beacon Minerals Limited · ASX:BCN

Beacon Minerals — Investor Presentation (February 2020)

17 slides from Beacon Minerals's investor presentation, Feb 20, 2020

  1. Slide 1: Australia's Newest Gold Producer

    AUSTRALIA’S NEWEST GOLD PRODUCER 20 FEBRUARY 2020 PRESENTATION For personal use only DRAFT BEACON MINERALS LIMITED 1 ASX:BCN

  2. Slide 2: Executive Team

    EXECUTIVE TEAM For personal use only Geoff Greenhill graduated from the Western Australian School of Mines obtaining an Associateship in Metallurgy in Executive Chairman 1973. Mr. Greenhill has held various senior metallurgical roles, and has designed and commissioned ore processing Geoff Greenhill

  3. Slide 3: Location of Jaurdi Gold Project

    LOCATION OF JAURDI GOLD PROJECT For personal use only 3

  4. Slide 4: Jaurdi Gold Project

    For personal use only JAURDI GOLD PROJECT 4

  5. Slide 5: The Value Equation

    THE VALUE EQUATION For personal use only  December 2019 first full quarter of production with 4,649 ounces of gold produced;  2,125 ounces of gold produced during the month of January 2020, up 20% on the prior month;  Mining activities ramped up using two fleets of equipment to March 2020 to comp

  6. Slide 6: Jaurdi Project Fast Tracked

    JAURDI PROJECT FAST TRACKED For personal use only The Company executed an option to purchase Jaurdi in January 2017. In 3 years the Company advanced the project through exploration, resource definition, feasibility and construction with December 2019 being the first full quarter of production Jaurdi

  7. Slide 7: Production Summary

    PRODUCTION SUMMARY Month Production (oz) % Increase For personal use only October 2019 1,364 oz - November 2019 1,511 oz +10.7% December 2019 1,774 oz + 17.4% January 2020 2,125 oz + 19.8%  Production continues to ramp up at the Jaurdi Gold Project. Production is expected to be maintained between 1

  8. Slide 8: Highlights for the December 2019 quarter operations

    Highlights for the December 2019 quarter operations For personal use only Operation Unit Dec 2019 Qtr Sales Unit Dec 2019 Qtr YTD Ore mined BCM 238,305 Gold Sold Oz 4,594 5,746 Waste mined BCM 118,287 Average A$/oz $2,176 $2,184 Ore milled DMT 119,009 Sales Price Head grade gpt 1.47 Tails grade gpt

  9. Slide 9: Jaurdi (Lost Dog Only) PFS Physical Metrics

    JAURDI (LOST DOG ONLY) PFS PHYSICAL METRICS For personal use only Mine Life (years) 5 LOM Mill Feed (Mt) 2.47 LOM Waste Mined (Mt) 4.69 LOM Strip Ratio (Waste:Ore) 1.9:1 Mineral Resource (Mt) 2.9 Mineral Reserve (Mt) 2.47 Average Head Grade (g/t) 1.9 Annual Mill Throughput (t) 500,000 Plant Recovery

  10. Slide 10: Jaurdi (Lost Dog Only) PFS Financial Metrics

    JAURDI (LOST DOG ONLY) PFS FINANCIAL METRICS For personal use only Key Financial Parameter* A$1,650 oz2 NPV (A$M) $70.49m Revenue (A$M)1 $208.5m Operating Costs (A$M) $89.5m Royalties $15.5m Surplus Cashflow (A$M) $98.4m Sustaining Capital Costs (A$M) $5.0m Initial Capital Costs (A$M) $21.4m EBITD (

  11. Slide 11: Jaurdi Open Pit Design

    JAURDI OPEN PIT DESIGN For personal use only Map of LOM O/P • 1,200m Long • Av. 180m Wide • Av. 8m Ore Thickness • Av. 23m Pit Depth 11

  12. Slide 12: Near Mine Exploration Targets

    NEAR MINE EXPLORATION TARGETS For personal use only 12

  13. Slide 13: Exploration Update

    Exploration Update For personal use only  Regional exploration on the 100% owned tenements surrounding the current mining area is on-going, including:  Eastern extents of the paleo system, historical resources such as Black Cat and Panther and continue to investigate the origin of the Lost Dog min

  14. Slide 14: Corporate

    CORPORATE For personal use only CAPITAL STRUCTURE (1) # BCN Share Price Performance and Volume Listed Shares (BCN) 2,858.6 m Listed Options (BCNOB) BCNOB exercise $0.025 on or before 1 August 912.5 m 2022 Unlisted Options 20 m ex. $0.025 on or before 1 August 2022 SHARE OWNERSHIP (1) % Track Record

  15. Slide 15: Competent Persons Consent

    COMPETENT PERSONS CONSENT For personal use only Competent Person Statement – Ore Reserves The information in this report that relates to the Ore Reserves is based on information compiled by Mr Gary McCrae, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy. The

  16. Slide 16: Disclaimers

    DISCLAIMERS For personal use only FORECASTS AND FORWARD LOOKING STATEMENTS Certain statements contained in this presentation, including information as to the future financial or operating performance of Beacon Minerals and its projects, are forecasts and forward- looking statements that: • are neces

  17. Slide 17: For personal use only

    For personal use only 144 Vivian Street, Boulder WA 6432 PO Box 423, Kalgoorlie WA 6433 (08) 9093 2477 beaconminerals.com.au 17 9

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