At the end of the March 2015 quarter Beacon’s broken ore stocks were 25,295 tonnes at an average head grade of 11.02 g/t Au for a net estimated recovery of 7,619 oz Au.

As at 31 March 2015 the Company had approximately $5.283 million in cash reserves.

Milling Campaign Five

Approximately 16,000 tonnes of the broken ore stock currently on hand will be processed during Milling Campaign 5, due to commence in late June 2015.

Rehabilitation work has commenced. Surplus hire equi pment is being demobilised as the winding down of operations occurs.