Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Shareholder Meeting (November 2020)
22 slides from Beacon Minerals's shareholder meeting presentation, Nov 10, 2020
Slide 1: AGM Presentation
AGM Presentation 10 November 2020 For personal use only DRAFT BEACON MINERALS LIMITED 1 ASX:BCN
Slide 2: Corporate
CORPORATE For personal use only CAPITAL STRUCTURE (1,2) # FINANCIAL Listed Shares (BCN) 2,866.8 m Cash on hand (31 October 2020) AU$7.5 million Listed Options (BCNOB) BCNOB exercise $0.025 on or before 1 August 904.3 m Bullion on hand (31 October 2020) 1,902 oz's 2022 Unlisted Options Debt (31 Octob
Slide 3: Executive Team
EXECUTIVE TEAM For personal use only Graham McGarry is an experienced and seasoned ‘hands on’ miner, with a track record in turning early-stage projects into viable Executive Chairman/MD and attractive investment propositions. Mr. McGarry spent eight years with Amalg Resources as Managing Director a
Slide 4: Location of Jaurdi Gold Project
LOCATION OF JAURDI GOLD PROJECT For personal use only 4
Slide 5: The Path from Discovery to Production
THE PATH FROM DISCOVERY TO PRODUCTION For personal use only September 2019 commissioned the Jaurdi plant and September 2020 – 27k ounces produced; Combined Lost Dog & Black Cat mineral resource 3.3Mt at 1.75g/t Au (184,980oz); as at Feb 2020; Panther Mineral Resource 224Kt at 1.36 Au (9,814oz)
Slide 6: Gold Project - LOM
JAURDI GOLD PROJECT - LOM For personal use only Jaurdi Gold Project FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 FY 23/24 FY 24/25 Total Mining Total Movement bcm 353,284 1,277,054 1,317,901 1,381,000 1,204,503 - - 5,533,742 Ore Mined t 56,866 904,331 932,735 398,750 463,206 - - 2,755,888 Ore Mined
Slide 7: Lost Dog – Mine Plan
LOST DOG – MINE PLAN For personal use only TSF Wall 7
Slide 8: Lost Dog Mining – Panel
LOST DOG MINING – PANEL 1 For personal use only 8
Slide 9: Lost Dog – Embankment Wall
LOST DOG – EMBANKMENT WALL For personal use only 9
Slide 10: Lost Dog - Plan
For personal use only LOST DOG - PLAN 10
Slide 11: ROM Stockpiles
JAURDI – ROM STOCKPILES For personal use only 11
Slide 12: CIP Processing Plant
JAURDI - CIP PROCESSING PLANT For personal use only 12
Slide 13: Panther Pit – Site Layout
PANTHER PIT – SITE LAYOUT For personal use only • - Ore 88,000t @ 1.74g/t, 4,900 con oz’s (inc. inferred) • 12/1 strip ratio • Panther Shear, quartz vein stockworks • Gravity circuit required • 93% Met recovery • 0.9M m3 of TSF Capacity 13
Slide 14: Borefields
JAURDI - BOREFIELDS For personal use only 14
Slide 15: Tailings Strategy
JAURDI – TAILINGS STRATEGY For personal use only 15
Slide 16: Project Summary September 2020
JAURDI PROJECT SUMMARY SEPTEMBER 2020 For personal use only Production Units Dec 2019 Mar 2020 Jun 2020 Sep 2020 Last 4 Qtr’s Ore Mined BCMs 238,000 274,000 31,000 219,000 762,000 Waste Mined BCMs 118,000 131,000 387,000 146,000 783,000 Strip Ratio w:o 0.49 0.52 12.45 0.67 1.03 Grade g/t 1.81 1.88 0
Slide 17: Project Summary September 2020
JAURDI PROJECT SUMMARY SEPTEMBER 2020 For personal use only The following is a table of the cash and bullion held at the end of each quarter. 17
Slide 18: Beacon Vision
BEACON VISION For personal use only Beacon will explore, discover and pursue opportunities to develop into a sustainable, long term mineral producer recognised for delivering value to all its stakeholders. Delivering shareholder satisfaction by: • Growing on the solid foundations developed to date,
Slide 19: Beacon Core Values
BEACON CORE VALUES For personal use only SOAR Safety - Safe, Responsible production is what we do Ownership - We own our actions and processes Adaptability - Embrace change and challenges when presented Reliability - Do what we say and depend on team mates to achieve our goals 19
Slide 20: Exploration Plan
JAURDI – EXPLORATION PLAN For personal use only 20
Slide 21: Timor-Leste Update
TIMOR-LESTE UPDATE For personal use only Timor-Leste • A total of 5 prospecting areas have been applied for in Timor-Leste • In the last 12 months Timor‐Leste has progressed a Mining Code which has similarities to the West Australian Mining Act to the point where the code may be considered and passe
Slide 22: Beacon Dividend Policy
BEACON DIVIDEND POLICY For personal use only Beacon will undertake an audit review of its 6 months operations to 31 December 2020. In the event that current guidance below is achieved and remains unchanged; • 6,000 to 7,000 ounces for the quarter • Cash costs excluding royalties are less than $1,200
Beacon Minerals — Shareholder Meeting (November 2020) on 6ix