Resources and Reserves
Beacon Minerals Ltd. Operates the Jaurdi Gold Project (JGP). The JGP project consists of three mining centers being Lost Dog, Panther andBlackCat along with the Jaurdi gold processing plant. The year 2022 is the third full year of production at both the Lost Dog Mine and the Jaurdi Mill. Work has been ongoing to extend the current resources at Lost Dog and Black Cat.
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Mineral Resource Estimate 1st September 2021
| Measured | Indicated | Inferred | Total | |||||||||
| Project | Tonnes (‘000s) | Grade (g/t) | Ounces (‘000s) | Tonnes (‘000s) | Grade (g/t) | Ounces (‘000s) | Tonnes (‘000s) | Grade (g/t) | Ounces (‘000s) | Tonnes (‘000s) | Grade (g/t) | Ounces (‘000s) |
| Lost Dog* | 249 | 1.69 | 14 | 1,723 | 1.40 | 78 | 275 | 0.86 | 8 | 2,247 | 1.37 | 99 |
| Black Cat* | – | – | – | 418 | 1.52 | 20 | 292 | 1.12 | 10 | 711 | 1.35 | 31 |
| Jaurdi Stockpiles* | 701 | 1.18 | 27 | – | – | – | – | – | – | 701 | 1.18 | 27 |
| MacPhersons Reward | 282 | 1.32 | 12 | 1,958 | 1.22 | 77 | 149 | 1.63 | 8 | 2,388 | 1.25 | 96 |
| A-Cap | 73 | 1.31 | 3 | 277 | 1.06 | 9 | – | – | – | 350 | 1.11 | 13 |
| Tycho | 76 | 1.21 | 3 | 1,871 | 0.97 | 58 | 116 | 1.63 | 6 | 2,063 | 1.01 | 67 |
| Grand Total | 1,138 | 1.31 | 58 | 6,247 | 1.21 | 242 | 832 | 1.19 | 32 | 8,460 | 1.22 | 332 |
| Proven | Probable | Total | |||||||
| Project | Tonnes (‘000s) | Grade (g/t) | Ounces (‘000s) | Tonnes (‘000s) | Grade (g/t) | Ounces (‘000s) | Tonnes (‘000s) | Grade (g/t) | Ounces (‘000s) |
| Lost Dog* | – | – | – | 1,643 | 1.53 | 81 | 1,643 | 1.53 | 81 |
| Black Cat* | – | – | – | 119 | 1.60 | 6 | 119 | 1.60 | 6 |
| Jaurdi Stockpiles* | 589 | 1.34 | 25 | – | – | – | 589 | 1.34 | Â 25 |
| MacPhersons Reward / A-Cap | 284 | 1.29 | 12 | 652 | 1.22 | 26 | Â 936 | Â 1.25 | Â 37 |
| Tycho | 59 | 1.21 | 2 | 606 | 1.06 | Â 21 | Â 665 | Â 1.07 | Â 23 |
| Grand Total | 932 | 1.32 | 40 | 3,020 | 1.37 | Â 133 | Â 3,953 | Â 1.36 | Â 173 |
* Jaurdi Gold Project resources estimates current at the 1st of May 2021
** Rounded for reporting
The information in this table referring to the Jaurdi Gold Project Mineral Resource Estimates and Ore Reserves (Black Cat, Lost Dog and Stockpiles) is extracted from the report entitled:
- 30 Jul 2021 June 2021 Quarterly Activities Report
- 19 Oct 2021 Beacon Doubles Resource Inventory, Mine Life Extended
