Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Shareholder Meeting (November 2024)
22 slides from Beacon Minerals's shareholder meeting presentation, Nov 18, 2024
Slide 1: Annual General Meeting Presentation
Annual General Meeting Presentation ASX:BCN 18 November 2024 For personal use only
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
Slide 3: Corporate Snapshot
Corporate Snapshot Capital Structure¹ One Year Price and Volume History BCN ASX Code BCNOD Share Price $0.022 For personal use only Shares on issue 4,226 Million Listed Options on issue 532 Million Market Cap (A$) $97.20 Million ¹ On the 15 November 2024 Financial² Cash on Hand (A$) ² $2.59 Million
Slide 4: Performance Highlights
Performance Highlights Operation Unit Sep-24 Qtr FY-2024 FY-2023 GUIDANCE ◦ Gold production for FY-2024 met guidance Ore Mined BCM 54,230 103,348 534,000 Waste Mined BCM 398,607 2,191,124 1,284,000 ◦ FY 2025 gold production is estimated at 23,000 oz – 25,000 oz For personal use only Ore milled DMT
Slide 5: Open Pit Mining – MacPhersons Reward
Open Pit Mining – MacPhersons Reward A-Cap For personal use only Mining in MacPhersons pit on 10 November 2024
Slide 6: Life of Mine Plan
For personal use only Life of Mine Plan MINE SEQUENCE (as at Nov 24) ◦ Currently 5 years of continuous open pit mining planned ◦ MacPhersons/A-Cap mining commenced in Aug 23 ◦ MacPhersons East wall cutback was approved Oct 24 and will add a further 160k ore tonnes to the inventory, scheduled to be
Slide 7: Resources
For personal use only Resources (Not including latest Iguana Resource) The information in this Presentation referring to Mineral Resource Estimates and Ore Reserves is extracted from the reports entitled: • • 30 Jun 2024 Beacon’s Resource and Reserve Statement 2024 (Jaurdi Gold Project) Beacon resou
Slide 8: Reserves
Reserves BEACON MINERALS LIMITED Ore Reserves Change - 30th June 2023 - 30th June 2024 2023 2024 Change For personal use only Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Project ('000s) (g/t Au) ('000s) ('000s) (g/t Au) ('000s) ('000s) (g/t Au) ('000s) Lost Dog 109 1.7 5.9 0 0 0 -109
Slide 9: Exploration – Summary
Exploration – Summary Mt Dimer • Located 113km North-west of Beacon’s Jaurdi Gold Processing Plant • Comprised of 9 tenements, 5 of which are mining tenements. For personal use only • Total land covering of 20Km2 of mining tenements alone • Contains the Golden Slipper, Lightning deposits (M 77/427)
Slide 10: Exploration/Resource Model – Lady Ida
For personal use only Exploration/Resource Model – Lady Ida • Favourable geology close to regionally important Ida Fault and Reptile Shear. • 30Km North-west of Jaurdi processing plant ASX:BCN
Slide 11: Exploration/Resource Model – Lady Ida
Exploration/Resource Model – Lady Ida PLAN VIEW For personal use only ASX:BCN
Slide 12: Exploration/Resource Model – Lady Ida
For personal use only Exploration/Resource Model – Lady Ida • Drill density greatest in top 60m. More drilling required at depth at Iguana. ASX:BCN
Slide 13: Exploration/Resource Model – Lady Ida
For personal use only Exploration/Resource Model – Lady Ida ASX:BCN
Slide 14: Exploration/Resource Model – Lady Ida
For personal use only Exploration/Resource Model – Lady Ida ASX:BCN
Slide 15: Exploration/Resource Model – Lady Ida
For personal use only Exploration/Resource Model – Lady Ida ASX:BCN
Slide 16: Exploration – Mt Dimer
Exploration – Mt Dimer MT DIMER For personal use only ◦ Two main lodes to mine Lightning and Golden Slipper which are in close proximity to each other. ◦ Lightning is higher grade than Golden Slipper and sub-vertical, Golden Slipper not as steeply dipping and lower grade than Lightning. ◦ Combined r
Slide 17: Exploration – Mt Dimer Regional
For personal use only Exploration – Mt Dimer Regional ASX:BCN
Slide 18: Exploration – Mt Dimer Regional
Exploration – Mt Dimer Regional 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 M77/0427 and M77/0428 ◦ 13 tenements, including 5 mining tenements ◦ Lightning and Golden Slipper Deposits alread
Slide 19: Exploration - Geko
Exploration - Geko GEKO Resource Plan View Geko Project For personal use only ◦ 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 licence L15/0355 ◦ Part of Beacon’s strategy to increas
Slide 20: Exploration – Timor Leste
For personal use only Exploration – Timor Leste • Ground magnetic surveys conducted • Gossanous Fe-Au-Cu mineralisation observed (ZB003). • Transported boulders of massive magnetite • Detailed mapping underway with plans for additional magnetic surveys. ASX:BCN
Slide 21: Questions from Shareholders
Questions from Shareholders 1. Comment on the A$3,307 cost per ounce (excluding royalties and stock adjustment) The reported A$3,307 per ounce cost (excluding royalties and stock adjustment) in the September quarter are high (but lower than the June quarter) and are a reflection of the gold produced
Slide 22: Competent Persons Consent
Competent Persons Consent Competent Persons Statement – Ore Reserves The information in this Presentation that relates to Ore Reserves is based on information compiled by Mr Gary McCrae, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy. Mr McCrae is a full-ti
Beacon Minerals — Shareholder Meeting (November 2024) on 6ix