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The latest update is out from Beacon Minerals Limited ( (AU:BCN) ).
Beacon Minerals Limited has received necessary approvals from the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS) for several drilling programs at its Lady Ida Iguana and other projects. The approvals mark a significant step forward, enabling Beacon to proceed with its exploration and development efforts, including a substantial reverse circulation drill program aimed at increasing confidence in the Iguana Stage 1 Pit. This progress is expected to enhance the company’s operational capabilities and strengthen its positioning in the mining industry, benefiting stakeholders through potential resource expansion and project advancement.
More about Beacon Minerals Limited
Beacon Minerals Limited is an Australian company involved in the mining industry, focusing on exploration and development projects. Its primary operations include gold mining, with a strategic focus on advancing its projects to production and maximizing shareholder value.
YTD Price Performance: 30.0%
Average Trading Volume: 2,824,351
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$109.9M
Find detailed analytics on BCN stock on TipRanks’ Stock Analysis page.
