Beacon Minerals Limited · ASX:BCN

Beacon Minerals — Shareholder Meeting (November 2022)

15 slides from Beacon Minerals's shareholder meeting presentation, Nov 21, 2022

  1. Slide 1: AGM Presentation ASX:BCN

    AGM Presentation ASX:BCN 21st November 2022 For personal use only

  2. Slide 2: Disclaimer

    Disclaimer Forward Looking Statements For personal use only 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 inducem

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot Capital Structure¹ Price History Jaurdi Mill For personal use only ASX Code BCN First Gold Purchase Share Price $0.028 MacPhersons 0.05 Share Price AUD$ Shares on issue 3,756 M 0.04 Lost Dog Market Cap (A$) $105 Million Discovery 0.03 Listed Options 0 0.02 FY21 FY21 Unlisted Optio

  4. Slide 4: FY 2022 Performance Highlights

    FY 2022 Performance Highlights Operation Unit Sep-22 Qtr FY-2022 FY-2021 GUIDANCE EXCEEDED For personal use only Ore Mined BCM 121,000 306,000 533,000 ◦ Gold production for FY-2022 and FY-2021 exceeded guidance. Waste Mined BCM 285,000 1,181,00 533,000 Ore milled DMT 222,173 790,735 573,453 DIVIDE

  5. Slide 5: Sustainability

    Sustainability For personal use only ASX:BCN “Ensuring local communities are better off for Beacon’s presence.” COMMUNITY ◦ Implemented a community funding program ◦ Focus on supporting our local businesses ◦ Prioritise local/regional employment ENVIRONMENT ◦ Investigating solar power and other gr

  6. Slide 6: Jaurdi Processing Plant

    Jaurdi Processing Plant “Built inhouse on time and on budget” For personal use only JAURDI MILL ◦ Carbon-in-Pulp (CIP) Gold Treatment facility ◦ PFS based on 500,000 tpa capacity ◦ Constructed and commissioned in 2019 INCREASED ◦ TAILS CAPACITY Jaurdi TSF 3.0 years capacity ◦ Lost Dog 4.1 years cap

  7. Slide 7: Mining – Lost Dog

    Mining – Lost Dog Jaurdi TSF Jaurdi Processing Plant For personal use only Jaurdi ROM Lost Dog Panels 2 & 4 Lost Dog Panel 1 Lost Dog Panel 3 (30k ounces) Lost Dog Open Pit Panel 3 ◦ Discovery to maiden resource in 4 months ◦ Pre-strip Commenced in August 2022 ◦ Discovery to production in 2.9 years

  8. Slide 8: Mining – MacPhersons Project

    Mining – MacPhersons Project MACPHERSONS REWARD For personal use only ◦ 855kt @ 1.2g/t for 33k ounces in reserves ◦ 7,000m of grade control drilling underway ◦ Deeper res dev drilling to follow ◦ Five separate mining areas allows flexibility and better equipment utilisation ◦ Scheduled to commence

  9. Slide 9: Production - LOM

    Production - LOM For personal use only MINE SEQUENCE (as at Aug 22) ◦ Simple mining sequence used: ◦ Lost Dog Panel 3 ◦ MacPhersons – A-Cap ◦ Tycho ◦ Black Cat South. ◦ Black Cat South pushed out to allow time to explore surrounding area (Lynx, Big Cat etc.) and Jaurdi Hills road re-alignment. LOM P

  10. Slide 10: Resources & Reserves

    Resources & Reserves Mineral Resource Estimate – 1st June 2022 INCREASED RESOURCES For personal use only Measured Indicated Inferred Total ◦ Grade Grade Grade Ounce Tonnes Ounces Tonnes Ounces Tonnes Tonnes Grade Ounces Project (g/t (g/t (g/t s ('000s) Au) ('000s) ('000s) Au) ('000s) ('000s) Au) ('

  11. Slide 11: Exploration

    Exploration 120km² EXPLORATION For personal use only PACKAGE ◦ $2.9M Budget ◦ Two project areas ◦ Focus on building Resources and Reserves ◦ MacPhersons Underground ◦ Black Cat South ◦ Continue exploring greenfields's targets ◦ Data interrogation and review ◦ Field mapping ◦ Supported by good Geoch

  12. Slide 12: Exploration - Jaurdi

    Exploration - Jaurdi For personal use only LYNX SOUTH ◦ Gold mineralisation contiguous with black shale unit mapped over 300m . ◦ Test along strike to following up on best intercepts: ◦ LS21RC001 – 11m @ 1.9 g/t ◦ LS21RC005 – 6m @ 2.5 g/t BIG CAT ◦ Regolith anomalies over 800m ◦ Still to find the pr

  13. Slide 13: Exploration - MacPhersons

    Exploration - MacPhersons QUEENSLANDER A-CAP For personal use only ◦ First round of drilling complete ◦ Currently testing the tonalite host rock to the ◦ More structurally complex than southwest with aircore drilling. first anticipated. ◦ MR22AC134 – 6m @ 5.2 g/t ◦ Best results from last round of ◦

  14. Slide 14: Forward Plan FY 2023

    Forward Plan FY 2023 For personal use only o Leveraging the companies' solid foundations, the high margin Jaurdi Project and the Beacon team Exploration discovery or acquisition of 1Moz of gold and/or a high-grade base metal deposits GROWTH o o Building a 10-year mine life with a production of +50,0

  15. Slide 15: Thankyou

    Thankyou For personal use only “Beacon will explore, discover and pursue opportunities to develop into a sustainable, long term profitable mineral producer recognised for delivering value to all its stakeholders.” For further information contact: Graham McGarry Executive Chairman / Managing Director

Beacon Minerals — Shareholder Meeting (November 2022) on 6ix