Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Shareholder Meeting (November 2009)
13 slides from Beacon Minerals's shareholder meeting presentation, Nov 23, 2009
Slide 1: Barlee Gold Project
BARLEE GOLD PROJECT For personal use only WESTERN AUSTRALIA NOVEMBER 2009
Slide 2: Company Overview
COMPANY OVERVIEW For personal use only BOARD OF DIRECTORS: SHARE INFORMATION: (30 June 2009) Chairman Paul Lloyd ASX Codes: BCN, BCNOA, BCNO Managing Director Darryl Harris Cash at Hand: $5,000,000 Non Exec Director Matthew Egan Shares on Issue BCN: 587,259,054 Current Market Cap: $17.5 million @ 2.
Slide 3: Corporate Growth Strategy
CORPORATE GROWTH STRATEGY For personal use only ¾ Single project focus ¾ Small, experienced management team ¾ Expedite near term resource increases at the Barlee Gold Project ¾ To become an Australian gold producer in a known mineralised belt ¾ Regional acquisitions
Slide 4: Project Overview
PROJECT OVERVIEW For personal use only ¾ Three contiguous Exploration Licenses with combined area in excess of 300 km2 ¾ BCN holds 100% interest in E77/1364 & E77/1392 and 80% interest in E77/1297 ¾ Under explored - only 10 km2 area drilled within project area ¾ Shallow drilling - only 5% of all hol
Slide 5: Regional Geology
REGIONAL GEOLOGY For personal use only ¾ Regional historic production provides strong opportunities ¾ Easily accessible in North Yilgarn greenstone belt, Western Australia ¾ Large unexplored greenstone belt ¾ Shallow depth, high grade gold mineralisation already encountered ¾ Mineralisation open at
Slide 6: Barlee – Results
BARLEE – RESULTS For personal use only ¾ Initial focus to be on 2.5km of mineralised strike along the Halleys Shear Zone ¾ Encouraging RC drilling results at Halleys East, including ¾ 27 m @ 35.4 g/t Au ¾ 11 m @ 24.9 g/t Au ¾ 10 m @ 11.9 g/t Au ¾ November drilling program includes; ¾ 4,000 m RC dril
Slide 7: Halleys East Project
HALLEYS EAST PROJECT For personal use only ¾ New intersections to the West of the main Halleys East mineralised zone ¾ RC drilling result from western extension of Section A-A Halleys East 12 m @ 11.2 g/t Au Section B-B ¾ Possibly late porphyry shearing which bisects the orebody
Slide 8: Halleys East Cross Section: A - A
HALLEYS EAST CROSS SECTION: A - A For personal use only
Slide 9: Halleys East Cross Section: B - B
HALLEYS EAST CROSS SECTION: B - B For personal use only
Slide 10: Ongoing Drill Programs
ONGOING DRILL PROGRAMS For personal use only ¾ Further definition RC drilling of existing targets and extension along the highly prospective Halleys East Shear Zone ¾ In fill RAB drill testing of geochemical anomalies between known mineralised zones ¾Regional RAB drill testing of identified priority
Slide 11: Regional Drill Targets
REGIONAL DRILL TARGETS For personal use only Geophysical Data Review completed: ¾ 23 Regional drill ready targets identified, including 6 high priority targets ¾ Extensions to known mineralised structures along Halleys East Shear Zone and other untested NE structural trends identified 6735000N ¾ NE
Slide 12: Barlee Development Schedule
For personal use only BARLEE DEVELOPMENT SCHEDULE
Slide 13: 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 For personal use only believes that its forward-looking information is based
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