Beacon Minerals Limited (AU:BCN) has released an update.
Beacon Minerals Limited has announced a promising pre-feasibility study for its Mt Dimer Project, defining a maiden ore reserve with an expected 21,100 ounces of gold recoverable from the Lightning and Golden Slipper pits. The study outlines a direct route to the Jaurdi plant, improving haulage efficiency, and the company anticipates strong profitability and a boost to the Jaurdi Gold Project’s mine life. The projected all-in sustaining cost is A$2,538 per ounce with a total undiscounted cash flow of A$16.8 million.
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