Beadell Resources Ltd is a gold development company. Its primary asset is the Tucano gold project, located in Brazil. Tucano has gold resources of approximately 3 million ounces with 1.2 million ounces in optimised open pits (optimisation based on a US$1000 gold price) plus over 2,500km² of highly prospective gold exploration tenements. Beadell is currently undertaking a definitive feasibility study to transform the existing heap leach into a conventional CIL processing operation and this is on schedule for completion by December 2010. The schedule has the construction of the CIL plant occurring in 2011 with first gold production late 2011 / early 2012.

Beadell also has an extensive portfolio of key gold exploration tenements throughout Australia and Brazil, including the prospective Tropicana East Project located adjacent to the Tropicana gold deposit managed by Anglogold Ashanti Australia Ltd and the Handpump Prospect located within the West Musgrave Complex of the remote central eastern parts of Western Australia. In December 2009 Beadell heralded the discovery of a potential new gold province at Handpump intersecting significant gold mineralisation.

The Company is led by a team of experienced resource executives with a track record of successfully identifying and developing world scale projects. The Board and management team has particular experience in the development of gold projects in Brazil.

Location of Beadell Resources Projects in Australia

Location of Beadell Resources project in Brazil