Beacon Minerals Limited · ASX:BCN

Beacon Minerals — Shareholder Meeting (November 2023)

16 slides from Beacon Minerals's shareholder meeting presentation, Nov 27, 2023

  1. Slide 1: Annual General Meeting Presentation

    Annual General Meeting Presentation ASX:BCN 27 November 2023 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 Jaurdi Mill Purchase Purchase 19.8% share First Gold MacPhersons Share Price $0.028 MXR Purchase 0.05 Shares on issue 3,756 M Purchase Mt Dimer Share Price AUD$ For personal use only Geko 0.04 Market Cap (A$) $105.19 Million Lost Dog D

  4. Slide 4: Performance Highlights

    Performance Highlights Operation Unit Sep-23 Qtr FY-2023 FY-2022  GUIDANCE Ore Mined BCM 71,002 534,000 306,000 ◦ Gold production for FY-2023 met guidance ◦ FY 2024 gold production is estimated at 26,000 oz – 28,000 oz For personal use only Waste Mined BCM 25,625 1,284,000 1,181,00 Ore milled DMT 2

  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 ◦ PFS based on 500,000 tpa capacity ◦ Constructed and commissioned in 2019  TAILS ◦ CAPACITY Jaurdi TSF 3.0 years capacity ◦ Lost Dog 3.1 years capacity ◦ +

  7. Slide 7: Lost Dog Pit - Completed

    Lost Dog Pit - Completed Lost Dog Open Pit ◦ Discovery to maiden resource in 4 months ◦ Discovery to production in 2.9 years For personal use only ◦ Mining from Aug 2018 – Aug 2023, 5 years ◦ Predicted ozs in line with PFS (125k ozs) ◦ 250kt of LD stockpiles remaining (Oct 23) ◦ Approvals in place t

  8. Slide 8: 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

  9. Slide 9: Mine Plan Production – Mining Schedule

    Mine Plan Production – Mining Schedule  MINE SEQUENCE  MINING TRANSITION For personal use only (as at Nov 23) ◦ MacPhersons Reward project acquired with mining ◦ Mining Trucks – 40t articulated to 100t rigid body approvals in place ◦ Excavator – 90t to 120t ◦ Geko to be mined in 25/26 due to delay

  10. Slide 10: Mining – MacPhersons Project

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

  11. Slide 11: 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 exploration tenements ◦ Focus on building Resources and Reserves ◦ MacPhersons Underground ◦ Tycho Underground ◦ Enigma soil anomaly ◦ Continue

  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 known deposits. BIG CAT ◦ Regolith anomalies over 800m, palaeochannel characteristics. ◦ Primary mineralization structures ◦ Source of Lost Dog? ◦ Several hig

  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: Focus - FY2024

    Focus - FY2024 • Continue to focus on meeting guidance, managing costs and improving OPERATIONAL EXCELLENCE safety For personal use only • Continue to operate within industry best standards • Focus on increasing Resources and Reserves HIGH IMPACT • A$2.0 M exploration budget for FY24 EXPLORATION • C

  16. Slide 16: 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

Beacon Minerals — Shareholder Meeting (November 2023) on 6ix