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The latest update is out from Beacon Minerals ( (AU:BCN) ).
Beacon Minerals Limited has successfully completed two air core drill programs at the Lady Ida – Iguana Deposit, aimed at identifying further extensions of laterite mineralization and sterilizing infrastructure areas. The results of these programs, which include 215 holes for 2,572 meters and 12 holes for 687 meters respectively, are expected in mid to late June 2025. The completion of these programs marks a significant step towards commencing mining operations at the deposit in 2026, potentially enhancing the company’s gold production capabilities and strengthening its position in the mining sector.
More about Beacon Minerals
Beacon Minerals Limited is a company operating in the mining industry, focusing primarily on gold exploration and production. The company is involved in various drilling programs to expand and develop its mineral deposits, particularly in the Jaurdi Mining Centre region in Western Australia.
Average Trading Volume: 4,275,951
Technical Sentiment Signal: Buy
Current Market Cap: A$122.6M
Find detailed analytics on BCN stock on TipRanks’ Stock Analysis page.