Beacon Minerals Limited · ASX:BCN

Beacon Minerals — Investor Presentation (November 2023)

15 slides from Beacon Minerals's investor presentation, Nov 16, 2023

  1. Slide 1: What's Down the Track

    WHAT’S DOWN THE TRACK ASX:BCN 16 November 2023 For personal use only

  2. Slide 2: Forward Looking Statements and Disclosures

    FORWARD LOOKING STATEMENTS AND DISCLOSURES Forward Looking Statements This presentation contains certain forward looking statements with respect to Beacon Minerals Limited (Beacon) financial condition, results of operations, production targets and other matters that are subject to various risks and

  3. Slide 3: Corporate Summary

    CORPORATE SUMMARY Corporate Summary as at 30 September 2023 Mineral Resources and Ore Reserves Statement – 30 June 2023 2 ASX Code BCN Ore Reserve – Jaurdi Proved 0.11 million tonnes @ 1.7 g/t gold Share Price $0.0264 Ore Reserve – Jaurdi Probable 0.04 million tonnes @ 1.0 g/t gold For personal use

  4. Slide 4: Quarterly Production Highlights

    QUARTERLY PRODUCTION HIGHLIGHTS ORE MILLED (DMT) ('000) ORE MINED (BCM) ('000) For personal use only 185 215 215 138 210 90 207 71 DEC-22 MAR-23 JUN-23 SEP-23 DEC-22 MAR-23 JUN-23 SEP-23 GOLD PRODUCED (OZ) GOLD SOLD (OZ) AVERAGE GOLD PRICE $/OZ SOLD 8,008 7,596 7,157 $2,987 6,418 8,045 9,989 $2,924

  5. Slide 5: FY23 Financial Highlights

    FY23 FINANCIAL HIGHLIGHTS Financials Units FY23 FY22 Change  Revenue increased by 2% as a result of a increase in the average gold sale price. Revenue A$’000 $72.29 $71.16 For personal use only Cost of Goods Sold A$’000 $61.69 $45.77  COGS increased by 35% as a result of significant mill throughpu

  6. Slide 6: Cash Generation

    CASH GENERATION Movement in Cash ($M)  Cash decreased by $8.3M over For personal use only the year with a cash and cash equivalent at the year end of $4.4M  Subsequent to the year end the 3,316 ounces held at the Perth Mint as at 30 June 2023 was sold at $2,875/oz for sale receipt of $9.53 million

  7. Slide 7: Balance Sheet

    BALANCE SHEET Cash Balance ($M) Working Capital ($M)  Strong balance sheet with For personal use only 22.0 29.5 23.4 excellent liquidity 20.7 22.9 15.3 12.7 14.2  $4.4 M in cash with 4,581 ozs of gold on hand with 3,316 held at 4.4 4.9 Perth Mint at 30 June 2023 FY 19 FY 20 FY 21 FY 22 FY 23 FY 19

  8. Slide 8: Return to Shareholders

    RETURN TO SHAREHOLDERS DIVIDENDS RETURN FOR SHAREHOLDERS • Fully franked dividend of $0.001 ($3.76 M) • Payout rate of 33% of operating cash flows paid December 2022 For personal use only • Return $129/oz produced in dividends • Interim fully franked dividend of $0.00125 ($4.5M) paid April 2022 • To

  9. Slide 9: Focus for FY24

    FOCUS FOR FY24 • Continue to focus on meeting guidance, managing costs and improving OPERATIONAL EXCELLENCE safety For personal use only • Focus on increasing Resources and Reserves HIGH IMPACT EXPLORATION • A$2.0 M exploration budget for FY24 • Continue testing prospective greenfield targets • Asse

  10. Slide 10: Mining Commences at MacPhersons Reward Project

    MINING COMMENCES AT MacPHERSONS REWARD PROJECT For personal use only  Mining officially commenced on the 1st of November 2023  The Geko project is located 15kms SSW of Beacon’s Jaurdi Gold Processing Plant  Ore Reserve Proved Category - 0.25 million tonnes @ 1.4 g/t gold  Ore Reserve Probable Ca

  11. Slide 11: Geko Tenements Acquired

    GEKO TENEMENTS ACQUIRED  Acquisition of 100% interest in Geko Tenements  The Geko project is located 15kms SSW of Beacon’s Jaurdi Gold Processing Plant For personal use only  Ore Reserve Proved Category - 0.80 million tonnes @ 1.2 g/t gold  Ore Reserve Probable Category – 0.19 million tonnes @ 1

  12. Slide 12: Lady Ida Gold Project

    LADY IDA GOLD PROJECT For personal use only  Acquisition Part A - Completed announced on the 24th Match 2023  Tenements E16/475, E16/483, E16/484 and E16/486  Located 29kms from the Jaurdi Mill ASX:BCN Mining at Lost Dog Panel 4 ASX:BCN

  13. Slide 13: Beacon to Acquire Mt Dimer Tenements

    BEACON TO ACQUIRE MT DIMER TENEMENTS  Tenement sale agreement to For personal use only acquire Mt Dimer Project executed on 14 November 2023  Located 113kms NW from the Jaurdi Mill  Drilling planned first quarter 2024  Multiple deposits to mine and promising exploration targets ASX:BCN Mining at

  14. Slide 14: Beacon Support Local Policy

    BEACON SUPPORT LOCAL POLICY For personal use only ASX:BCN Mining at Lost Dog Panel 4 ASX:BCN

  15. Slide 15: 100% Owned Jaurdi Gold Processing Plant 2023

    100% OWNED JAURDI GOLD PROCESSING PLANT 2023 For personal use only ASX:BCN Mining at Lost Dog Panel 4 ThankASX:BCN you

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