Beacon On Track For Gold Production At Jaurdi

Beacon Minerals has commissioned a six-megawatt power station at the Jaurdi gold project in Western Australia as it moves towards production in the fourth quarter of the year.

The Jaurdi project, around 35 kilometres northwest of Coolgardie, comprises a single tenement with a net present value of just under $70.5 million at an average pre-feasibility study (PFS) gold price of $1650 an ounce.

Jaurdi’s annual production target is set at 500,000 tonnes of ore a year for 25,000 ounces of contained gold.