BCN 4.17% 2.3¢ beacon minerals limited

Grabbed some more. $4M cap is ridiculous for this producer with...

  1. 25,677 Posts.
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    Grabbed some more. $4M cap is ridiculous for this producer with $2m cash and better to come--
    "“At the completion of the second milling campaign Beacon had mined 82% of the final pit design with the remaining 18% of the pit expected to produce the remaining 75% of the gold in the probable ore reserve.” Ore Processing at Greenfields Mill, Coolgardie The ore processing at the Greenfields Mill, Coolgardie resulted in 14,381 dry metric tonnes (dmt) being milled with an overall mill feed grade of 8.03 Au g/t. This included the low grade flush ore processed at the completion of the higher grade ore that averaged 8.97 Au g/t, against a predicted grade of 9.5 Au g/t. The average mill recovery was 91.83%."
 
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