Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Western Australia Resources Investment Expo Sydney 2010
13 slides from Beacon Minerals's conference presentation, Nov 2, 2010
Slide 1: Barlee Gold Project
BARLEE GOLD PROJECT For personal use only WESTERN AUSTRALIA RESOURCES INVESTMENT EXPO SYDNEY OCTOBER 2010
Slide 2: 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
Slide 3: Company Overview
COMPANY OVERVIEW For personal use only BOARD OF DIRECTORS SHARE INFORMATION Chairman : Paul Lloyd y ASX Codes : BCN Managing Director : Darryl Harris Cash at Hand : $ 4,440,000 Listed Investments ( Consolidated Tin ) : $ 2,500,000 Non Exec Director : Matthew Egan Issued Shares Consult Geologist : Ly
Slide 4: Corporate
CORPORATE For personal use only 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 / 2011
Slide 5: Project Overview
PROJECT OVERVIEW ¾ Three contiguous g Exploration p Licenses with For personal use only 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 - minimal tenement area d ill d by drilled b RAB - Aircore Ai ¾ Shallow drilling
Slide 6: Regional Geology
REGIONAL GEOLOGY ¾ Regional historic For personal use only production provides 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 alon
Slide 7: Initial Focus Halleys & Phil
INITIAL FOCUS HALLEYS & PHIL For personal use only ¾ High Hi h grade d shallow h ll gold ld 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 t tonnes @ 6 g/t /t for f 74,000 74 000 ozs ¾ JORC doesn’t include other results obtained
Slide 8: Halleys East Cross Section
HALLEYS EAST CROSS SECTION For personal use only ¾ Metallurgical testwork indicates standard CIL treatment ¾ 12 Km2 Mining Licence applied pp for ¾ In situ cash operating costs of 382 AUD p per oz ¾ Further results ¾ 3 m @ 11.7 g/t Au ¾ 2m @ 8.5 g/t Au
Slide 9: Drilling Programs
DRILLING PROGRAMS ¾ For personal use only Two programs completed this year for a total of ¾ 12,760 m RC drilling ¾ 20,221 m RAB drilling ¾ 5,700 Soil samples ¾ E l ti additional Evaluating dditi l exploration l ti program in i November N b ¾ 4,000 m RAB drilling ¾ 9 000 line 9,000 li KmK Hi High h R
Slide 10: Mineralised Anomalies
MINERALISED For personal use only ANOMALIES ¾ Numerous regional mineralised zones identified by geochemical sampling ¾ Provides further RAB and RC targets to identify y similar Halleys y East type JORC compliant deposits ¾ 1 oz nugget gg found 2 Km SE of Halleys
Slide 11: Ongoing Drill Programs
ONGOING DRILL PROGRAMS For personal use only ¾ In-fill In fill RAB drill testing of geochemical anomalies between known mineralised zones ¾ Regional RAB drill testing of identified priority targets g defined by y additional aeromagnetic survey and soil geochemistry
Slide 12: RC Drilling Targets
RC DRILLING TARGETS For personal use only ¾ Further RC in fill drilling of existing targets ¾ Extension E t i along l the th highly prospective Halleys North East Shear Zone – Halleys y NE and Eastside ¾ Other regional geochemical and RAB anomalies associated with shears ¾Further results to hand at
Slide 13: The Next Months
THE NEXT 12 MONTHS For personal use only ¾ Continue regional exploration with an initial target g of 250,000 + ozs ( estimated range of 1.3 to 1.9 Mt @ 4 to 6 g/t ) ¾ Develop further regional targets through geochemical and RAB work to increase the exploration target to + 500,000 ozs ( estimated ran
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