Beacon Minerals Limited · ASX:BCN

Beacon Minerals — RIU Explorers 2024

19 slides from Beacon Minerals's conference presentation, Feb 13, 2024

1. Slide 1: RIU Explorers 2024 Presentation

   RIU Explorers 2024 Presentation ASX:BCN 13 February 2024 For personal use only

2. Slide 2: Disclaimer

   Disclaimer Forward Looking Statements This ASX Presentation (Presentation) has been prepared by Beacon Minerals Limited (“Beacon” or “the Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer o

3. Slide 3: Corporate Snapshot

   Corporate Snapshot Capital Structure¹ ASX Code BCN Price History Purchase Purchase 19.8% share Jaurdi Mill MacPhersons Share Price $0.024 MXR First Gold Purchase 0.05 Shares on issue 3,756 M Purchase Share Price AUD$ Mt Dimer For personal use only Geko 0.04 Market Cap (A$) $86.40 Million 0.03 ¹ On t

4. Slide 4: Performance Highlights

   Performance Highlights Operation Unit Sep-23 Qtr Dec-23 Qtr FY-2023 FY-2022  GUIDANCE Ore Mined BCM 71,000 - 534,000 306,000 ◦ Gold production for FY-2023 met guidance ◦ FY 2024 gold production is estimated at 24,000 oz – 27,000 oz For personal use only Waste Mined BCM 26,000 458,000 1,284,000 1,18

5. Slide 5: Sustainability

   Sustainability ASX:BCN For personal use only “Ensuring local communities are better off for Beacons presence.”  COMMUNITY ◦ Committed to the community funding program ◦ Focus on supporting our local businesses ◦ Prioritise local and regional employment ◦ FIFO only when necessary  ENVIRONMENT ◦ Com

6. Slide 6: Jaurdi Processing Plant

   Jaurdi Processing Plant “Built inhouse on time and on budget” JAURDI MILL ◦ Carbon-in-Pulp (CIP) Gold Treatment facility For personal use only ◦ Constructed and commissioned in 2019 ◦ Asset renewal / repair ongoing  TAILS ◦ CAPACITY Jaurdi TSF 3.0 years capacity ◦ Lost Dog 2.5 years capacity ◦ 5.5

7. Slide 7: Resources & Reserves

   Resources & Reserves  INCREASED RESOURCES ◦ For personal use only YOY resource increased 26k to 315k ounces ◦ Geko Project adds 67k resource ounces ◦ Increase resource tonnes of 1.7m tonnes with acquisition of Geko Project ◦ YOY decrease of 46k ounces with mine depletion of Lost Dog Deposit.  INCR

8. Slide 8: Mining – MacPhersons Project

   For personal use only Mining – MacPhersons Project Ore lodes ASX:BCN ASX:BCN

9. Slide 9: Mining – MacPhersons Project

   For personal use only Mining – MacPhersons Project Ore lodes ASX:BCN ASX:BCN

10. Slide 10: Exploration – MacPherson's Reward

    Exploration – MacPherson’s Reward  120km² EXPLORATION PACKAGE ◦ Five project areas, Jaurdi, MacPhersons, For personal use only Geko, Mt Dimer and Lady Ida. ◦ Focus on building Resources and Reserves ◦ MacPhersons Underground ◦ Tycho Underground ◦ Enigma soil anomaly ◦ Continue exploring greenfields

11. Slide 11: Exploration - MacPhersons

    For personal use only Exploration - MacPhersons ENIGMA ◦ Enigma soil anomaly overlaying total magnetic intensity ◦ RC drilling proposed to test soil anomaly analogous to Tycho ◦ Enigma area has large fault off-sets which help in gold deposition. ◦ Clearing required for some holes predominantly the N

12. Slide 12: Exploration – Lady Ida / Jaurdi Area

    For personal use only Exploration – Lady Ida / Jaurdi Area LADY IDA – Acquisition A ◦ Gold exploration potential ◦ Close to the Ida Fault and associated deposits. BIG CAT ◦ Regolith anomalies over 800m, palaeochannel characteristics. ◦ Primary mineralization structures ◦ Source of Lost Dog? ◦ Severa

13. Slide 13: Exploration - Geko

    Exploration - Geko  Geko Project ◦ Tenements are located 26km NW of the township of Coolgardie and 15km SSW of Jaurdi Gold Processing Plant. ◦ Acquisition of mining lease M15/0621 and miscellaneous For personal use only licence L15/0355 ◦ Part of Beacon’s strategy to increase the mine life at Jaurd

14. Slide 14: Exploration – Mt Dimer

    Exploration – Mt Dimer Mt Dimer Location  MT DIMER For personal use only ◦ Located 113 kilometres north-west of Beacon’s Jaurdi processing plant. ◦ Mt Dimer Gold Project is located on tenements Mt Dimer Long Section Target Zones M77/0427 and M77/0428 ◦ 13 tenements, including 5 mining tenements ◦ L

15. Slide 15: Exploration – Mt Dimer (Planned Drill Program 2024)

    Exploration – Mt Dimer (Planned Drill Program 2024) MT DIMER PROPOSED RC DILLING EARLY 2024 (5673m) For personal use only LIGHTNING DEPOSIT  MT DIMER GOLDEN SLIPPER DEPOSIT ◦ Located 113 kilometres north-west of Beacon’s Jaurdi processing plant. ◦ Mt Dimer Gold Project is located on tenements M77/0

16. Slide 16: Exploration – Mt Dimer (Planned Drill Program 2024)

    Exploration – Mt Dimer (Planned Drill Program 2024) MT DIMER PROPOSED RC DILLING EARLY 2024 (5673m)  GOLDEN SLIPPER DEPOSIT For personal use only ◦ Golden Slipper strikes due north and dips 75 degrees towards the SSW LIGHTNING DEPOSIT ◦ Comprises of five lodes ◦ Mineralisation extends for 660m ◦ Mi

17. Slide 17: Lady Ida – Acquisition B

    Lady Ida – Acquisition B Location of the Jaurdi Gold Project and the Lady Ida Project  Lady Ida – Acquisition B For personal use only ◦ The Lady Ida Gold Project is located circa 29kms from the Company’s Jaurdi Gold Processing Plant which is located circa 50kms west of Kalgoorlie ◦ A binding offer

18. Slide 18: Focus - FY2024

    Focus - FY2024 • Continue to focus on meeting guidance, managing costs and improving safety OPERATIONAL EXCELLENCE • Continue to operate within industry best standards For personal use only • Continue testing prospective brownfield targets at MacPhersons and Mt Dimer HIGH IMPACT • A$2.0 M exploratio

19. Slide 19: Thank You

    For personal use only Thank You For further information contact: Graham McGarry Executive Chairman / Managing Director Email: admin@beaconminerals.com.au Phone: 0459 240 379 Registered Address: 144 Vivian St, Boulder WA, 6432 www.beaconmineral.com.au ASX:BCN ASX:BCN

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