Beacon Minerals Confirms Extensive Gold Mineralisation at Iguana Deposit

The latest update is out from Beacon Minerals ( (AU:BCN) ).

Beacon Minerals Limited has announced the results of its first pass drill program at the Iguana deposit within the Lady Ida Project, confirming extensive zones of high-grade gold mineralisation. The drill program, which included 201 reverse circulation drills, revealed significant intersections of gold, enhancing the geological confidence of the Iguana Stage 1 Pit mining inventory. The results are seen as a significant milestone for the project, with a second phase of drilling set to commence in July to further explore the deposit’s potential. This development is expected to positively impact Beacon’s operations and strengthen its position in the gold mining industry.

More about Beacon Minerals

Beacon Minerals Limited is a company operating in the mining industry, primarily focusing on gold exploration and production. The company is listed on the Australian Securities Exchange (ASX: BCN) and is involved in projects like the Lady Ida Project, which is part of the Mount Ida Greenstone Belt known for its metamorphosed mafic and ultramafic rocks.

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