Beacon Minerals Reports High-Grade Gold Intersections from Iguana Deposit.

Beacon Minerals Limited (ASX: BCN) has released the third batch of assay results from its Stage 2 grade control drilling at the Iguana deposit, part of the Lady Ida Project. The program, comprising 298 RC holes over 16,506 metres, continues to deliver strong mineralisation with multiple high-grade intersections. Notable results include 3 metres at 25.6 g/t gold from surface, 8 metres at 11.6 g/t gold from 32 metres, and 10 metres at 7.9 g/t gold from 37 metres. Extensions at the Northwest Corridor are particularly promising, with standout assays such as 3 metres at 24.0 g/t gold from 81 metres and 10 metres at 13.1 g/t gold from 68 metres.

The company expects the remaining assays in the coming weeks, which could further strengthen confidence in the resource. Management highlighted the continuity of mineralisation and the exceptional high-grade intercepts at depth, with deeper RC and diamond drilling underway to unlock further potential.

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