Ann: Beacon Executes Option Agreement - Min Min Light Project, page-2

Beacon Minerals Limited (ASX: BCN) (“Beacon” or “the Company” is pleased to advise that the Company
has executed an option agreement to acquire Mining Licences M16/9 and M16/274 (Min Min Light
Tenements) held by Robert Brown and Dylan Wildy.
The Min Min Light gold project is comprised of two small granted mining leases, located within the
western parts of the Dunnsville mining centre, which is approximately 13.5km to the north west of
Beacon’s Lost Dog gold mine (Figure 1).
Figure 1: Location of Jaurdi Gold Project and Min Min Light tenements (M16/9 and M16/274)
Tenement M16/274 contains the historic Min Min Light underground workings which from Mines Dept
of W.A. (1954) records show a staggering 38t @ 424g/t Au for 524oz Au with another 647oz Au from
dollied ore from the years 1937‐1939. Despite these reported bonanza grades there has been no drill
testing of the Min Min Light workings.
The Min Min Light tenement area lies close to the contact between basalt and ultramafic rocks, basalt in
the east and ultramafics in the west (Figure 2). Gold mineralisation is associated with and hosted by a
roughly north – south trending quartz‐veined shear system within the ultramafics.