- Beacon Minerals (BCN) reports record throughput for the December quarter at its Juardi Gold Project, located near Coolgardie, Western Australia
- The company saw 215,675 dry tonnes milled at the project — 72 per cent above the company’s pre-feasibility study
- Increased mill throughput is allowing more low-grade ore to be processed whilst balancing mill feed grades and recoveries
- Over the quarter, 7779 ounces of gold was produced and 9157 ounces were sold at an average sale price of $2455 per ounce
- On the market this morning, Beacon was in the grey and trading at 3.3 cents per share
Beacon Minerals (BCN) has reported record throughput for the December quarter at its Juardi Gold Project, located near Coolgardie, Western Australia.
The company saw 215,675 dry tonnes milled at the project — 72 per cent above the company’s pre-feasibility study. Mill recovery was 87.7 per cent.
Increased mill throughput is allowing more low-grade ore to be processed whilst balancing mill feed grades and recoveries.
Over the quarter, 7779 ounces of gold was produced and 9157 ounces were sold at an average sale price of $2455 per ounce with a sale receipt of $322.48 million.
Bullion on hand and gold in transit at the end of the period totalled 1077 ounces.
Beacon’s full year guidance for FY21 remains at between 24,000 to 28,000 ounces.
On the market this morning, Beacon was in the grey and trading at 3.3 cents per share at 11:21 am AEDT.