Beacon Minerals Limited · ASX:BCN

Beacon Minerals — RIU Explorers 2025

18 slides from Beacon Minerals's conference presentation, Feb 20, 2025

1. Slide 1: RIU Explorers 2025 Presentation

   RIU Explorers 2025 Presentation ASX:BCN 20 February 2025

2. Slide 2: Corporate Snapshot

   Corporate Snapshot One Year Price and Volume History ¹ On the 19 February 2025 0.05 Share Ownership 0.18 0.45 Institutions Directors and Employees 0.32 Remaining Top 20 Other ² As at 31 December 2024 Actual Quarterly Production Forecast 7,500 5,000 Ounces 2,500 0 ASX:BCN

3. Slide 3: Performance Highlights

   Performance Highlights  GUIDANCE ◦ Guidance for Qtr 3 2025 gold production is 7,000 oz – 8,000 oz  DIVIDENDS PAID ◦ $3.7m fully franked dividend announced on 22 November 2023 ◦ Total dividends since March 2021 $41.59m ($16.55m fully franked)  STRONG BALANCE SHEET ◦ Strong balance sheet with good

4. Slide 4: Sustainability

   Sustainability ASX:BCN “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 ◦ Committed to rehabilitati

5. Slide 5: Resources & Reserves (Excluding Lady Ida)

   Resources & Reserves (Excluding Lady Ida)  MINERAL RESOURCE ◦ Mineral Resource Estimate is 6.5 million tonnes at 1.4 g/t for 290,000 ounces ◦ Exploration results have added 52,000 ounces from the Mt Dimer Gold Project to the Resource base ◦ Key changes include adjustments for mining depletion at th

6. Slide 6: Mineral Resource – Lady Ida – Iguana Deposit

   Mineral Resource – Lady Ida – Iguana Deposit  MINERAL RESOURCE ◦ Mineral Resource Estimate is 17 million tonnes at 1.11 g/t Au for 609,000 ounces ◦ Mineral Resource estimate is within an optimised A$4,000 pit shell ◦ 4.4 million tonnes at 1.22 g/t Au for 173,000 ounces is in the Measured and Indica

7. Slide 7: Jaurdi Process Plant

   Jaurdi Process Plant JAURDI MILL ◦ Carbon-in-Pulp (CIP) Gold Treatment facility  TAILS ◦ CAPACITY Jaurdi TSF 2.5 years capacity ◦ Lost Dog 2.5 years capacity ◦ 5.0 years total capacity remaining  INCREASING ◦ THROUGHPUT 950 kt annualized achieved in December 2024 ◦ Successful upgrade of the crushi

8. Slide 8: Mining – MacPhersons Project

   Mining – MacPhersons Project ASX:BCN

9. Slide 9: Mining – A-Cap Project

   Mining – A-Cap Project ASX:BCN

10. Slide 10: Growth Potential - Exploration – Lady Ida

    Growth Potential - Exploration – Lady Ida  Lady Ida Project ◦ Located 43km North-west of Beacon’s Jaurdi Processing Plant ◦ 3 mining tenements are subject to Beacon Minerals joint venture agreement with Geoda-Lamerton ◦ 4 exploration tenements ◦ Contains the Iguana (M16/262) and Lizard deposits (M1

11. Slide 11: Growth Potential - Exploration - Geko

    Growth Potential - 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 licence L15/0355 ◦ Part of Beacon’s strategy to increase the mine life at Jaurdi ◦

12. Slide 12: Growth Potential - Exploration – MacPherson’s Reward

    Growth Potential - Exploration – MacPherson’s Reward  MacPherson’s Project ◦ Located 38km south of Beacons Jaurdi Gold Processing Plant. With access via all weather roads ◦ Comprised of 12 tenements, of which 6 are mining tenements ◦ Continuous land holding of 12.46km2 within the Coolgardie Gold Di

13. Slide 13: Growth Potential - Exploration – Mount Dimer

    Growth Potential - Exploration – Mount Dimer  Mount Dimer Project ◦ Located 113 kilometers 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 alrea

14. Slide 14: Growth Potential - Exploration – Timor Leste

    Growth Potential - 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

15. Slide 15: Focus - 2025

    Focus - 2025  OPERATIONAL ◦ EXCELLENCE Continue to focus on meeting guidance, managing costs and improving safety ◦ Continue to operate within industry best standards  HIGH ◦ IMPACT EXPLORATION Focus on converting Inferred Resources to Indicated ◦ Continue testing prospective brownfield targets at

16. Slide 16: 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

17. Slide 17: Competent Persons Consent

    Competent Persons Consent Competent Persons Statement – Resource and Ore Reserves The Information in this Presentation that relates to Resource and 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 Metallur

18. Slide 18: Thank You

    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.beaconminerals.com.au ASX:BCN ASX:BCN

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