BEACON MINERALS LIMITED — Capital/Financing Update 2012

Aug 1, 2012

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ASX ANNOUNCEMENT

2 August 2012

EXPIRY OF UNLISTED OPTIONS

Beacon Minerals Limited (ASX:BCN) advises that 150,000 unlisted options exercisable at $0.27 on or before 1 August 2012 have expired.

Yours faithfully

Sarah Shipway Company Secretary Beacon Minerals Limited

BEACON MINERALS LIMITED ACN 119 611 559

Kalgoorlie Office 144 Vivian Street, Boulder, WA 6432 Registered Office Level 1, 115 Cambridge Street, PO Box 1305, West Leederville, WA 6007 Website www.beaconminerals.com Phone 08 9322 6600 Facsimile 08 9322 6610