Beacon Triples the Iguana Reserve

Beacon triples the Iguana reserve

Image: SPF/shutterstock.comBeacon Minerals has more than tripled the Ore Reserve at its Iguana gold deposit in Western Australia, outlining a nine-year operation estimated to generate $841 million in undiscounted pre-tax free cash flow. The new reserve stands at 11 million tonnes grading 1.20 grams per tonne (g/t) gold for 430,200 ounces, up from the 132,200oz estimate published in February 2025. Proved material accounts for 3400oz and probable …

Beacon Minerals issues ore reserve statement for Iguana

Beacon Minerals says its ore reserve for the Iguana deposit north-west of Coolgardie contains 430,000 ounces of gold and could generate pre-tax cash flow of $841 million.

Beacon Minerals posts 325% jump in Lady Ida reserves and outlines big 2026 plans

Beacon Minerals posts a 325% increase in Lady Ida's Iguana Deposit ore reserves with strong cash flow outlook. The post Beacon Minerals posts 325% jump in Lady Ida reserves and outlines big 2026 plans appeared first on The Motley Fool Australia.