Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Shareholder Meeting (November 2007)
19 slides from Beacon Minerals's shareholder meeting presentation, Nov 8, 2007
Slide 1: Company Update – Annual General Meeting
For personal use only Company Update Annual General Meeting November 8, 2007
Slide 2: Disclaimer
Disclaimer For personal use only This This presentation presentation includes includes predictive predictive information information that that is is intend ed to intended to be be made made as as ““forward-looking” forward-looking” within within the the safe safe harbor harbor protections protection
Slide 3: Company Overview
Company Overview For personal use only ASX Codes: BCN, BCNO Shares on Issue : 34,200,000 Escrowed: 8,390,000 Listed Options: 16,600,000 Unlisted Options: 6,000,000 Market Capital (23c): $ 7,866,000 (Undiluted) $13,064,000 (Fully Diluted) Cash at Hand: $2,250,000 Share Price Range: 17.5 - 67.5c
Slide 4: Management Team
Management Team For personal use only Lyle Thorne – Managing Director (age 38) Geologist, 16 years experience Paul Lloyd – Executive Director (age 43) Chartered Accountant, 20 years exp. Director - Target Energy (TEX) Matthew Egan – Non-Executive Director (age 43) 20 years Industry Experience, Owner
Slide 5: Beacon Projects
Beacon Projects Greenvale Project Copper-gold-moly For personal use only Gold Zinc Barlee Project Gold Nickel Uranium Pioneer Project * Gold * - Pioneer Project – Chrysalis Resources Ltd purchased BCN 80% for 1.0M shares (@20c) and $50,000 cash payable upon listing on ASX.
Slide 6: Greenvale Project
For personal use only Greenvale Project Greenvale Greenvale Project Project Area Area
Slide 7: Greenvale Project
Greenvale Project • Over 400 sq km of tenure, either For personal use only 100% or 80% (earning-Lucky Creek JV) • Close to existing mines and infrastructure • Minimal systematic exploration • Three major targets; ¾ Cu-Au-Mo-Ag (porphyry) COCKIE PROSPECT ¾ Au-Zn-Cu (VMS) GALAH DAM SUGARBAG ONE MILE ¾
Slide 8: Greenvale Project - Cockie Prospect (BCN 100%)
Greenvale Project - Cockie Prospect (BCN 100%) • Copper-Gold-Silver-Molybdenum For personal use only • Mineralisation at surface – oxide potential, Cockie East, Cockie West • Large exploration target – Cockie Trend – look for more mineralisation Significant shallow RC intercepts (BCN & Historical) C
Slide 9: Greenvale Project VTEM / Magnetic Survey
Greenvale Project VTEM / Magnetic Survey For personal use only VTEM • 19 Targets MAGNETICS • 37 Targets • Ground verification of targets zones • Follow-up exploration; Ground Geophysics Drilling
Slide 10: Greenvale Project Steam Engine Gold Prospect
Greenvale Project Steam Engine Gold Prospect For personal use only LUCKY CREEK JV • BCN Drill Results 6m @ 5.5g/t (inc. 2m @ 15.6g/t) 12m @ 3.5 g/t 5m @ 4.5g/t 5m @ 4.3 g/t • Over 5 km of old workings +/- soil anomalies • Gold mineralisation at surface • Priority drill targets
Slide 11: Greenvale Project Galah Dam
Greenvale Project Galah Dam For personal use only (Lucky Creek JV) 3D modelling has interpreted a vertically dipping system Further drilling planned; • to validate model • extend mineralisation Historical Drill Results • 16m @ 4.5% Zn, 1.1g/t Au, 13g/t Ag (inc 5m @ 8.5% Zn). • 8m @ 3.5% Zn, 0.2g/t A
Slide 12: Greenvale Project Proposed Exploration
Greenvale Project Proposed Exploration For personal use only (Cu-Au-Ag-Mo) • Cockie Trend Explore for more mineralisation • Cockie East & West Define shallow mineralisation (Au) • Steam Engine Define resource potential Explore for more mineralisation (Zn-VMS) • Galah Dam Drill test • VTEM/mag – grou
Slide 13: Barlee Project
Barlee Project (BCN 80% E77/1297*, 100% ELA77/1364 & 1392) For personal use only • Well endowed mineralised belt • Over 340 km2 of Greenstone is under-explored • Numerous prospects/targets • New exploration model • BCN drilling returned significant results • Shallow resource potential • Prospective
Slide 14: Barlee Project
Barlee Project GOLD For personal use only • BCN - ~13,000m of Aircore since Feb 2007. • New exploration model (NE trend) has discovered several prospects URANIUM Phil • Large 16 km long calcrete paleo- drainage with several U anomalies, untested Halleys East Crabman NICKEL • Ultramafic rocks – untes
Slide 15: Beacon Exploration Model - Gold
BEACON EXPLORATION MODEL - GOLD For personal use only SW NE
Slide 16: Barlee Gold Project New Exploration Model
Barlee Gold Project New exploration model For personal use only Halleys East • 28m @ 4.1 g/t (inc. 8m @ 10.6g/t) • 32m @ 3.7 g/t (inc. 8m @ 7.8 g/t*) Faith • 10m @ 3.6 g/t (inc. 2m @ 10.2g/t*) Phil • 24m @ 2.7 g/t (inc. 4m @ 12.4 g/t) • 12m @ 2.6 g/t & 4m @ 13.3 g/t • 8m @ 5.9 g/t Au Buddy • 8m @ 3.
Slide 17: Barlee Project Planned RC
Barlee Project Planned RC For personal use only
Slide 18: Barlee Project Proposed Exploration
Barlee Project Proposed Exploration For personal use only • Accelerate exploration • Initial RC at advanced prospects to outline resource potential (~4000- 5000m) • Test regional targets, Aircore Drilling • Ascertain Potential for Ni and U (Airborne EM, Drilling)
Slide 19: Beacon Minerals Ltd
For personal use only BEACON MINERALS LTD Level 2, 46 Ord St West Perth, WA, 6005. Ph: 08-9476 9200 Fax: 08-9476 9099 Lyle Thorne (Managing Director) Paul Lloyd (Chairman) website: www.beaconminerals.com
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