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Beacon Minerals Receives Results for Resource Definition Drilling at Western Australia Deposit

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Beacon Minerals' (ASX:BCN) received and validated all reverse circulation drilling results from the 133,000-meter resource definition drilling at the Lady Ida Iguana deposit in Western Australia, according to a Wednesday Australian bourse filing.

It encountered intercepts of 20 meters at 9.9 grams per tonne (g/t) grade of gold from 23 meters, 3 meters at 56.7 g/t grade of gold from 123 meters, as well as 8 meters at 18 g/t grade of gold from 158 meters.

Entech is currently finalizing a mineral resource update, which is expected to be released in the first quarter of fiscal 2027.

The Iguana deposit remains open at depth and to the south, said Executive Chairman Graham McGarry.

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Beacon Minerals Receives Results for Resource Definition Drilling at Western Australia Deposit | FINWIRES