Beacon Minerals Ltd (ASX code: BCN) is a Western Australian based mineral exploration company focused on quality Australian assets.

The company's primary focus is the Barlee gold project in Western Australia. It also has interests in a precious and base metal exploration target at Greenvale in North Queensland. 

At the companies Barlee Gold Project in Western Australia, Beacon has completed approximately 43,000 meters of RC and RAB drilling. A base JORC resource
 has been established for the Halleys East prospect and regional drilling and aeromagnetic interpretation has identified numerous additional gold targets hosted within the shear zones.

The company plans to aggressively explore this under explored greenstone region to unlock its true value and develop a low cost gold production facility. Numerous regional targets exist and to date less than 5% of the tenement has been systematically drilled.

An initial JORC resource for Halleys East of 74,000 ozs provides a solid base on which the company can build, in order to achieve its exploration target of plus 500,000 ozs. The gold mineralization to date occurs in the shallow oxidized zone and is extremely high grade. These high grades, and low cost open pit mining, will provide extremely low operating costs for future operations.

In the Greenvale region the Cockie Prospect is considerd prospective for porphyry related copper (Cu) gold (Au) silver (Ag) and molybdenum (Mo) mineralisation. Previous drilling has returned significant intercepts from over 1 kilometre of strike, and is open along strike and at depth. The company also completed a regional EM (VTEM) and magnetic survey, with a number of EM and magnetics targets identified. Soil and rock sampling had identified a 5.5 km long area anomalous in Cu, Au, Zn and Ag associated with the porphyry. The company is currently reviewing further regional exploration along the Cockie Trend to identify potentially new zones of mineralization.