Email from MD Graham this morning:Fellow Shareholders and...

Email from MD Graham this morning:

Fellow Shareholders and Interested Parties,

We have attached a presentation made by Beacon at the Fremantle RIU conference on Thursday 16^th February.

We are of the view that BCN have made good progress over 6 years –

• Established the Jaurdi gold processing facility which operates at +60% higher throughput than the PFS
• Repaid debt to fund the facility 12 months early
• Paid dividends to shareholders of $37.8million since March 2021
• Purchased MacPhersons Reward gold deposit
• Purchased Geko gold deposit and stockpiles
• Invested in Maximus Resources, a junior explorer with prospective gold tenements south of Coolgardie
• Strong site management with established procedures and short pathway to Board
• FY 2023 gold production guidance lifted
• TSF storage increased to 7 years
• Commissioning of 100 tonne trucks to enhance owner miner model
• Established a presence in Timor-Leste

In my view Beacon and the team have demonstrated a track record and established a strong base to maintain our existing business at Jaurdi in testing conditions post Covid 19 and the present commodities boom!

Regards

Graham