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Beacon Minerals Limited ( (AU:BCN) ) has provided an announcement.
Beacon Minerals Limited has announced the completion of a Prefeasibility Study for the Lady Ida Project’s Iguana Deposit, estimating a significant ore reserve and highlighting a strong production target. The project anticipates a substantial pre-tax cash flow and outlines the establishment of critical infrastructure, demonstrating Beacon’s strategic move to enhance its operations and industry positioning through a joint venture agreement, potentially impacting stakeholder interests positively with increased gold recovery and project ownership.
More about Beacon Minerals Limited
Beacon Minerals Limited is a company operating in the mining industry, focusing primarily on gold extraction and production. The company is known for developing mineral resources and managing mining projects, with a strategic focus on building resource and reserve confidence to maximize the utilization of its established infrastructure.
YTD Price Performance: 30.0%
Average Trading Volume: 2,632,779
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$109.9M
Learn more about BCN stock on TipRanks’ Stock Analysis page.
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