Lady Ida Project (Iguana Deposit), WA

Beacon Minerals Limited (BCN) | Ore Reserve Statement and Pre-Feasibility Study | Released 20 Aug 2026

Mine life

104 months

Mining; operational life 9 years

Strip ratio

5.5 : 1

Waste:ore

NPV

Not disclosed

Positive at 8%; value not given

Capex

A$2.5 million

Establishment; incl. camp, haul roads

Inferred share: Reserve-based, no Inferred

Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.

Planning inputs

Reserve-based, no Inferred | Slope angles not disclosed | Dilution 10% laterite and oxide, 15% transitional, 20% fresh; mining recovery 95% | Owner operated | PFS and Ore Reserve by Minecomp

Also in the release

Ore Reserve 11.0M tonnes at 1.20 g/t Au, hauled 43 kilometres by road to the Jaurdi CIP plant; recovery 88.1%. AISC A$3,283/oz. Pre-tax free cash flow A$841 million (undiscounted) at A$5,500/oz.

Read the release on the company's siteAdded to the tracker; released before the first issue of The Study Sheet.

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