Latest high grade drilling results suggest prospective Barlee has much more to offer

摘要

Active Australian junior Beacon Minerals Ltd believes it has found a potential new gold province in the eastern goldfields of Western Australia. The discovery of a shallow high grade oxide gold deposit in a relatively unexplored region - which had previously been shunned due to heavy soil cover - has accelerated the company's production aspirations. Beacon is looking to define a 500,000 ounce resource on its Barlee gold property, located 200 kilometres north of Southern Cross, to sustain a 75,000 oz per annum operation.