Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Investor Presentation (June 2010)
14 slides from Beacon Minerals's investor presentation, June 2010
Slide 1: Barlee Gold Project, Western Australia
BARLEE GOLD PROJECT WESTERN AUSTRALIA JUNE 2010
Slide 2: Company Overview
COMPANY OVERVIEW BOARD OF DIRECTORS SHARE INFORMATION Chairman : Paul Lloyd y ASX Codes : BCN, BCNOA, BCNO Managing Director : Darryl Harris Cash at Hand : $ 4,100,000 Issued Shares Non Exec Director : Matthew Egan BCN : 739,852,816 Consult Geologist : Lyle Thorne Current Market Cap : $ 15.3 million
Slide 3: Corporate
CORPORATE ¾ Single project focus ¾ Small experienced management team ¾ Aggressive exploration at Barlee ¾ Regional acquisitions ¾ Toll T ll treatment t t t options ti ¾ Evaluating g fast track gold g production p ¾ Exploration fully funded for 2010
Slide 4: Project Overview
PROJECT OVERVIEW ¾ Three contiguous g Exploration p Licenses with combined area in excess of 300 km2 ¾ BCN holds 100% interest in E77/1364 & E77/1392 and 80% interest in E77/1297 ¾ Lightly explored - less than 10% of the t tenement t area d drilled ill d ¾ Shallow drilling - only 10% of all holes dr
Slide 5: Regional Geology
REGIONAL GEOLOGY ¾ Regional historic production d ti provides id strong opportunities ¾ Easily accessible in North Yilgarn greenstone belt, WA. ¾ Large unexplored greenstone belt ¾ Shallow depth, high grade gold mineralisation already encountered ¾ Mineralisation open at depth and along strike ¾ Lar
Slide 6: Initial Focus Halleys & Phil
INITIAL FOCUS HALLEYS & PHIL ¾ High grade shallow gold results, including ¾ 27 m @ 35.4 g/t Au ¾ 11 m @ 24.9 g/t Au ¾ Initial base JORC compliant inferred resource of 384,000 tonnes @ 6 g/t for 74,000 ozs ¾ Conducting metallurgical testwork ¾ 12 Km2 Mining Licence applied for ¾ Indicated cash operat
Slide 7: Indicative Halleys East Cross Section
INDICATIVE HALLEYS EAST CROSS SECTION
Slide 8: Halleys 3D View North West
80 m HALLEYS 3D VIEW NORTH WEST
Slide 9: RC Drilling Targets
T 702000mE Halleys Channel OE Shear Zon Ana Mondij 500 metres BEACON MINERALS BARLEE GOLD PROJECT, Western Australia LEGEND Prospect Py >0.1 g/t down hole Major shear zone E77/1392 300 Km? Exploration Tenements E77/1364 Bo £77297 ) RC Drilling Targets
Slide 10: Ongoing Drill Programs
ONGOING DRILL PROGRAMS ¾ Further F th definition d fi iti RC drilling of existing targets and extension along the highly g yp prospective p Halleys y North East Shear Zone ¾ In fill RAB drill testing of geochemical anomalies between known mineralised zones ¾ Regional RAB drill testing of identified
Slide 11: Drilling Programs
DRILLING PROGRAMS ¾ Regionally focused program completed Feb. 2010 ¾ 5,868 m RC drilling ¾ 8,339 , m RAB drilling g ¾ 2,000 soil samples ¾ Current drilling g program p g ¾ 4,000 m RC drilling ¾ 10,000 m RAB drilling ¾ 1,000 soil samples ¾ Focus on regional anomalies ¾ Halleys North East, Kink, Lost
Slide 12: Mineralised Anomalies
i] 710000mE ! 710000mE ey BEACON MINERALS LTD —- BARLEE GOLD PROJECT, a Western Australia | §750000mN GEOCHEM LEGEND <= _ Soil geochem contour +8ppb Au > _ Soil geochem contour +5ppb Au E GEOLOGY LEGEND er EEE 00 : Kink Anomaly } [ | Late Internal Granitoid {} ultramafic —— = al! E77/1392 | Granite
Slide 13: Regional Extension
REGIONAL EXTENSION ¾ G Geophysical h i ld data t review i completed l t d ¾ 23 Regional drill ready targets identified, including 6 high priority targets ¾ Extensions to known mineralised structures along Halleys East Shear Zone and other untested structural trends identified ¾ Continuing geochemica
Slide 14: Disclaimer
DISCLAIMER This presentation includes predictive information that is intended to be made as “forward-looking” within the safe harbor protections of the Private Securities Litigation Reform Act of 1995. Although the Company believes that its forward-looking information is based on reasonable assumpti