All good news.
"The initial results from the 13 bore holes indicate that the project will have sufficient groundwater to support the operation of the processing plant. The Company controls significant tenements beyond the current bore locations which overlay the paleo-system. If necessary additional bores could be located within these tenements. "
"During the quarter Beacon submitted for approval, with the relevant departments at the DWER and Department of Mines Industry Regulation and Safety (DMIRS), the following table of key documents for the Jaurdi Gold Project:
- Works Approval and Licence Application DWER
- The Mining Proposal DMIRS
- The Mine Closure Plan DMIRS
- The Project Management Plan DMIRS
- The Dangerous Goods Licence DMIRS
- The Explosives Storage Licence DMIRS
Beacon’s intention is to commence gold production at the Lost Dog deposit this calendar year, upon receiving the above approvals the Company will be in a position to commence site works for the construction of the Jaurdi Gold Project. "
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