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Beacon Minerals Limited (ASX:BCN)

ALERT: Price-sensitive ASX Announcement for BCN
Current share price for BCN : $2.950 0.35 (13.46%)+
Announcement
Release
1 Jul 2026 8:21AM
Price at Release
$2.600
Full Release
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Summary
Beacon Minerals Limited, an Australian mining company, has released the results of its Reverse Circulation (RC) drilling program at the Iguana Resource, part of its resource definition efforts. The results revealed significant gold intersections, suggesting potential for high-grade gold zones. This supports the possible development of the Iguana Resource, enhancing the company's asset portfolio and providing further mining opportunities.
Key Points
  • Beacon Minerals Limited has completed RC drilling at Iguana Resource.
  • The drilling program was part of a resource definition program.
  • Significant gold intersections were reported from several drill holes.
  • The drilling results support potential development of the Iguana Resource.
  • Results indicate the presence of high-grade gold zones.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.