BCN 0.00% 2.3¢ beacon minerals limited

Ann: June 2021 Quarterly Activities Report, page-3

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    30 July 2021
    JUNE 2021 QUARTERLY REPORT
    HIGHLIGHTS
    PRODUCTION
    • Gold production at Jaurdi in the June Quarter was 6,846 ounces
    • Gold sales for the quarter were 6,081 ounces at an average sale price of $2,352/oz for sale
    receipts of $14.30 million
    • Cash costs (excluding royalties) of A$1,131/oz
    • Beacon had cash of $22.06 million and 641 ozs of gold on hand as at 30 June 2021
    • Ore stockpiles at 30 June 2021 estimated to contain 22,600 ounces of gold
    FINANCIAL AND CORPORATE
    • The Company is debt free
    • Cash at the end of the Quarter was A$22.06 million (A$23.63 million cash and no bullion on hand
    at 30 July 2021)
    • Capital expenditure for the quarter totalled A$1.37 million which included capital works, plant
    and equipment purchases, gravity circuit / gold room installations and exploration.
 
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