Beacon Minerals Starts Stage Two Grade Control Drilling at Western Australia Project; Shares Reach Two-Year High

MT Newswires Live

2025/07/22

Beacon Minerals (ASX:BCN) said the second stage grade control drill program began at the Iguana deposit, within the Lady Ida project in Western Australia, according to a Tuesday filing with the Australian bourse.

The program is designed to increase the geological confidence in the Iguana stage one pit, with results expected in the second quarter of fiscal 2026, the filing said.

Shares rose nearly 5% and earlier reached their highest since April 2023.

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