Beacon Minerals Limited · ASX:BCN

Beacon Minerals — Investor Presentation (February 2023)

16 slides from Beacon Minerals's investor presentation, Feb 16, 2023

  1. Slide 1: Investor Presentation

    Investor Presentation ASX:BCN 16 February 2023 For personal use only

  2. Slide 2: Disclaimer

    Disclaimer Forward Looking Statements For personal use only This ASX Presentation (Presentation) has been prepared by Beacon Minerals Limited (“Beacon” or “the Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducem

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot Capital Structure¹ Purchase ASX Code BCN Price History Jaurdi Mill Purchase 19.8% share For personal use only First Gold MacPhersons MXR Share Price $0.027 Purchase 0.05 Shares on issue 3,756 M Geko Share Price AUD$ tenements 0.04 Market Cap (A$) $105 Million Lost Dog Unlisted Opt

  4. Slide 4: Performance Highlights

    Performance Highlights Operation Unit Sep-22 Qtr Dec-22 Qtr FY-2022 FY-2021 GUIDANCE EXCEEDED For personal use only Ore Mined BCM 121,000 90,000 306,000 533,000 ◦ Gold production for FY-2022 and FY-2021 exceeded guidance Waste Mined BCM 285,000 575,000 1,181,00 533,000 ◦ FY 2023 gold production is

  5. Slide 5: Sustainability

    Sustainability For personal use only ASX:BCN “Ensuring local communities are better off for Beacon’s presence.” COMMUNITY ◦ Implemented a community funding program ◦ Focus on supporting our local businesses ◦ Prioritise local/regional employment ENVIRONMENT ◦ Investigating solar power and other gr

  6. Slide 6: Jaurdi Processing Plant

    Jaurdi Processing Plant “Built inhouse on time and on budget” For personal use only JAURDI MILL ◦ Carbon-in-Pulp (CIP) Gold Treatment facility ◦ PFS based on 500,000 tpa capacity ◦ Constructed and commissioned in 2019 INCREASED ◦ TAILS CAPACITY Jaurdi TSF 3.0 years capacity ◦ Lost Dog 4.1 years cap

  7. Slide 7: Mining – Lost Dog Panel

    Mining – Lost Dog Panel 3 For personal use only Lost Dog Open Pit Panel 3 ◦ Discovery to maiden resource in 4 months ◦ Pre-strip Commenced in August 2022 ◦ Discovery to production in 2.9 years ◦ 580k tonnes @ 1.64g/t for 30k ounces in designed mining blocks. ◦ 2.7:1 Strip Ratio ◦ 2.7:1 Strip Ratio ◦

  8. Slide 8: Mining – MacPhersons Project

    Mining – MacPhersons Project MACPHERSONS REWARD For personal use only ◦ 855kt @ 1.2g/t for 33k ounces in reserves ◦ 7,000m of grade control drilling complete ◦ Deeper res dev drilling to follow ◦ Five separate mining areas allows flexibility and better equipment utilisation ◦ Scheduled to commence

  9. Slide 9: Production - LOM

    Production - LOM For personal use only MINE SEQUENCE (as at Aug 22) ◦ Simple mining sequence used: ◦ Lost Dog Panel 3 ◦ MacPhersons – A-Cap ◦ Tycho ◦ Black Cat South ◦ Geko to be mined in 2025 but schedule to be finalised ◦ Black Cat South pushed out to allow time to explore surrounding area (Lynx,

  10. Slide 10: Resources & Reserves

    Resources & Reserves Mineral Resource Estimate – 1st June 2022 INCREASED RESOURCES For personal use only Measured Indicated Inferred Total ◦ Grade Grade Grade Ounce Tonnes Ounces Tonnes Ounces Tonnes Tonnes Grade Ounces Project (g/t (g/t (g/t s ('000s) Au) ('000s) ('000s) Au) ('000s) ('000s) Au) ('

  11. Slide 11: Exploration

    Exploration 120km² EXPLORATION For personal use only PACKAGE ◦ $2.9M Budget ◦ Two project areas ◦ Focus on building Resources and Reserves ◦ MacPhersons Underground ◦ Black Cat South ◦ Continue exploring greenfields's targets ◦ Data interrogation and review ◦ Field mapping ◦ Supported by good geoch

  12. Slide 12: Exploration - Jaurdi

    Exploration - Jaurdi For personal use only LYNX SOUTH ◦ Gold mineralisation contiguous with black shale unit mapped over 300m . ◦ Test along strike to following up on best intercepts: ◦ LS21RC001 – 11m @ 1.9 g/t ◦ LS21RC005 – 6m @ 2.5 g/t BIG CAT ◦ Regolith anomalies over 800m ◦ Still to find the pr

  13. Slide 13: Exploration - MacPhersons

    Exploration - MacPhersons QUEENSLANDER A-CAP For personal use only ◦ First round of drilling complete ◦ Currently testing the tonalite host rock to the ◦ More structurally complex than southwest with aircore drilling. first anticipated. ◦ MR22AC134 – 6m @ 5.2 g/t ◦ Best results from last round of ◦

  14. Slide 14: Geko Tenements Acquisition

    Geko Tenements Acquisition For personal use only 100% Interest in Geko Tenements ◦ Completed the acquisition of mining lease M15/0621 and miscellaneous licence L15/0355 ◦ Part of Beacon’s strategy to increase the mine life at Jaurdi ◦ Build mine Reserves and compliment the current operations ◦ Tene

  15. Slide 15: Forward Plan FY 2023 and 2024

    Forward Plan FY 2023 and 2024 o Leveraging the companies' solid foundations, the high margin Jaurdi Project and the Beacon team Exploration discovery or acquisition of 1Moz of gold and/or a high-grade base metal deposit GROWTH o For personal use only o Building a 10-year mine life with a production

  16. Slide 16: Thankyou

    Thankyou For personal use only “Beacon will explore, discover and pursue opportunities to develop into a sustainable, long term profitable mineral producer recognised for delivering value to all its stakeholders.” For further information contact: Graham McGarry Executive Chairman / Managing Director

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