FORWARD CONTRACTS
Beacon Minerals Limited (ASX: BCN) advises that it has entered into a 9,000 ounce forward gold contract
to be delivered in monthly instalments from June 2021 to November 2021 at a forward price of A$2,430
per ounce.
The forward contracts provide a secure cash margin on a portion of Beacon’s future gold production.
BEACON MINERALS LIMITED ACN 119 611 559
Registered Address 144 Vivian Street, Boulder, WA 6432
Website www.beaconminerals.com Phone 08 9093 2477 2
EXPLORATION UPDATE
Beacon is pleased to advise the exploration drilling at the Min Min Light gold project has been completed
and drilling at the Black Cat South deposit has commenced. The reverse circulation (RC) drilling campaign
will consist of 3,200 metres on 4 targets.
The Company will pay a premium to ensure assay turnaround times are improved for these current
exploration programs.
Authorised for release by the Board of Beacon Minerals Limited
Ann: Forward Gold Sales and Exploration Update, page-2
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