Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Gold Coast Resources Showcase 2011
14 slides from Beacon Minerals's conference presentation, Jun 17, 2011
Slide 1: Barlee Gold Project, Gold Coast Resources Showcase
BARLEE GOLD PROJECT For personal use only WESTERN AUSTRALIA GOLD COAST RESOURCES SHOWCASE JUNE 2011
Slide 2: Disclaimer
DISCLAIMER This presentation includes predictive information that is intended to be made as “forward-looking” within the safe harbor protections of the Private Securities Litigation Reform Act of 1995. Although the Company believes that its forward-looking information is based on reasonable assumpti
Slide 3: Company Overview
COMPANY OVERVIEW For personal use only BOARD OF DIRECTORS SHARE INFORMATION Chairman : Paul Lloyd y ASX Codes : BCN Managing Director : Darryl Harris Cash at Bank : $ 2,000,000 Listed Investments ( Consolidated Tin ) : $ 1,800,000 Non Exec Director : Matthew Egan Issued Shares Consult Geologist : Ly
Slide 4: Corporate
CORPORATE For personal use only ¾ Single project focus ¾ Small experienced management team ¾ Aggressive exploration at Barlee ¾ Toll treatment options for fast track gold production ¾ Regional acquisitions
Slide 5: Location
For personal use only LOCATION
Slide 6: Barlee Regional Overview
BARLEE REGIONAL OVERVIEW ¾ Contiguous Exploration Licenses with For personal use only combined area in excess of 400 km2 ¾ 80% interest in EL77/1297 and granted ML77/1254 within the EL ¾ 100% interest in other granted EL’s ¾ Lightly Li htl explored l d - minimal i i l tenement t t area drilled by RA
Slide 7: Regional Geology
REGIONAL GEOLOGY ¾ Regional historic For personal use only production provides strong opportunities ¾ Easily accessible in N h Yilgarn North Yil greenstone belt, WA. ¾ Large unexplored greenstone t b belt lt ¾ Shallow depth, high grade gold mineralisation already l d encountered t d ¾ Mineralisation
Slide 8: Initial Focus: Halleys East & Phil
INITIAL FOCUS HALLEYS EAST & PHIL For personal use only ¾ Initial base JORC compliant inferred resource of 384,000 tonnes @ 6 g/t for 74,000 74 000 ozs ¾ Recent RC drilling results from Halleys East will be used for a JORC resource review ¾ Provide category upgrade of existing resources and ¾ Evalua
Slide 9: Current Development at Halleys East & Phil
CURRENT DEVELOPMENT AT HALLEYS EAST & PHIL For personal use only ¾ Shallow, high grade mineralisation confirmed ¾ Metallurgical testwork indicates 96% recovery from standard CIL treatment ¾ In situ cash operating costs of 382 AUD per oz from Dec 10 scoping study ¾ 12 Km2 Mining Licence granted over
Slide 10: Recent Results: Halleys East
RECENT RESULTS For personal use only HALLEYS EAST Drilling confirmed ¾ Shallow, high grade mineralisation in central zone ¾ New mineralised extension to south
Slide 11: Halleys East Cross Section
For personal use only HALLEYS EAST CROSS SECTION
Slide 12: Exploration
EXPLORATION ¾ Drilling Program completed in April 2011 for a total of For personal use only ¾ 5,100 m RC drilling ¾ 7,500 m Aircore drilling ¾ 2,000 Soil samples ¾ Further results awaited for regional RC drilling at Eastside and Phil as well as additional regional Aircore drilling ¾ 9,000 line Km Hi
Slide 13: Ongoing Drill Programs
ONGOING DRILL PROGRAMS For personal use only ¾ RC drilling of identified targets from RAB and Aeromagnetic survey ¾ Diamond drilling of Halleys East for further metallurgical testwork samples and resource extension ¾ Mine geotechnical and hydrogeological drilling for mining proposal ¾ Further in-fil
Slide 14: The Next Months
THE NEXT 12 MONTHS For personal use only ¾ Complete Mining Proposal for potential processing ¾ Continue regional exploration with an initial target of 250,000 + ozs ( exploration target range of 1.3 to 1.9 Mt @ 4 to 6 g/t ) ¾ Develop further regional targets through Geochemical and Aircore drilling