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Beacon Minerals ( (AU:BCN) ) has shared an update.
Beacon Minerals Limited has commenced a Resource Development drill program at the Iguana Deposit, part of the Lady Ida Project. This initiative aims to enhance geological confidence and focuses on the Northwest corridor, with plans for extensive RC and diamond drilling. The program is expected to lead to an updated Iguana Mineral Resource Estimate by late November 2025, potentially impacting the company’s resource base and market positioning.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
More about Beacon Minerals
Beacon Minerals Limited is a company operating in the mining industry, primarily focusing on the exploration and development of mineral deposits. The company is involved in projects such as the Lady Ida Project, which includes the Iguana Deposit, known for its complex structural geology and potential for gold mineralization.
Average Trading Volume: 100,436
Technical Sentiment Signal: Buy
Current Market Cap: A$278M
Find detailed analytics on BCN stock on TipRanks’ Stock Analysis page.