The Jaurdi Gold Project is located 35 kilometres north west of Coolgardie and is close to infrastructure, including public and private road access to Coolgardie and Kalgoorlie.
Locality of the Jaurdi Gold Project relative to the main ore deposits within the region
On 3 January 2017, the Company announced that it had executed an exclusive option to purchase the Jaurdi Gold Project comprising Mining Lease M16/529 (ML) from Fenton and Martin Mining Developments Pty Ltd (Fenton and Martin) (Option to Purchase Agreement).
The key terms of the Option to Purchase Agreement with Fenton and Martin include the following:
The pre-paid royalty of $900,000 was paid to Fenton and Martin upon the transfer of the tenement.
During the September 2017 M16/529 licence from Fenton and Martin to Beacon Minerals.
Company has also acquired tenements adjacent to the Jaurdi Gold Project, please see below diagram.
Locality diagram detailing Beacon Minerals tenement holding
Click on the links below to download PDF versions of the latest Beacon Minerals Limited ASX Announcements
|16.04.2021||Jaurdi Gold Project March Production Update|
|22.03.2021||Jaurdi Gold Project Update|
|18.02.2021||A Total of $17.6M Raised Through Exercise of Options|
|18.03.2021||Exploration Update - Further High Grades at Big Cat|
|17.03.2021||Beacon Executes Option Agreement - Min Min Light Project|
|11.03.2021||A Further $2.18 M Raised Through Exercise of Options|
|10.03.2021||Jaurdi Gold Project February Production Update|
|03.03.2021||Additional $3.95m Raised through Exercise of Options|