Ann: Beacon Announces Mt Dimer Maiden Mineral Resource Estimate, page-2

HIGHLIGHTS
• Maiden mineral resource estimates have been completed for the Lightning and Golden Slipper Deposits at the Mt Dimer Project
• Drilling program (47 RC holes) recently completed at the Mt Dimer Project
• Lightning Mineral Resource estimate - 128,000 tonnes at 4.8 g/t Au for 20,000 ounces at 0.5 g/t lower cut-off
• Golden Slipper Resource estimate - 312,000 tonnes at 3.20 g/t Au for 32,000 ounces at 0.5 g/t lower cut-off

Beacon Minerals Limited (ASX: BCN) (Beacon or the Company) is pleased to advise that a reverse circulation (RC) resource definition drill program has been conducted at Mt Dimer during the months of March and April 2024. The drilling program comprised 47 holes to test existing mineralised intercepts, as well as look for extensions along strike and down dip of the Lightning and Golden Slipper Deposits.

The maiden mineral resource estimate have been completed on the Lightning and Golden Slipper Deposits, located within the Mt Dimer Project, with the following results.

PROJECT CUT OFF INDICATED INFERRED TOTAL MATERIAL

(g/t Au) (‘000t) (g/t Au) (‘000oz) (‘000t) (g/t Au) (‘000oz) (‘000t) (g/t Au) (‘000oz)
MT DIMER LIGHTNING 0.5 81 5.1 14 47 4.1 6 128 4.8 20
GOLDEN SLIPPER 0.5 133 3.7 16 179 2.8 16 312 3.2 3