Barton Gold Reports Best Tunkillia Infill Assays to Date
Barton Gold (ASX: BGD)
Announced the final assays from ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project.
Broad, high-grade assays continue to infill Tunkillia’s ‘Starter Pits’, reinforcing the central high-grade zone driving early project economics, and highlighting the potential for new high-grade mineralisation.
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Tunkillia drilling – Credits Barton Gold
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| Barton Gold | ASX: BGD | |
| Stage | Production, development | |
| Metals | Gold | |
| Market Cap | A$264 Million @A$0.98c | |
| Location | South Australia | |
| Website | www.bartongold.com.au |
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Barton Gold Reports Final Tunkillia assays among the best infill results to-date, with broad, high-grade intersections throughout ‘Starter Pit’ outlines
Gold Resource upgrade pending, silver Resource upgrade to follow
Barton Gold Holdings Limited (ASX:BGD, OTC:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce the final assays from ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia).
Broad, high-grade assays continue to infill Tunkillia’s ‘Starter Pits’, reinforcing the central high-grade zone driving early project economics, and highlighting the potential for new high-grade mineralisation.
A total of 57,653m was drilled across 520 RC and DD holes during ‘Phase 1’ and ‘Phase 2’ upgrade drilling, with ‘Phase 2’ comprising 38,760m across 311 holes.
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HIGHLIGHTS
• Final assays from recent 39,000m ‘Phase 2’ reverse circulation (RC) Resource upgrade drilling confirm multiple new high-grade intersections throughout high-value ‘Starter Pits’, including:
Hole ID Interval Including:
TKB0724 26m @ 2.79 g/t Au from 126m depth 1m @ 53.5 g/t Au from 129m depth
TKB0736 2m @ 16.75 g/t Au from 56m depth 1m @ 32.4 g/t Au from 56m depth
TKB0737 6m @ 3.05 g/t Au from 58m depth 2m @ 7.20 g/t Au from 58m depth
• Updated gold and silver JORC Mineral Resource Estimates (MRE) to follow, with PFS targeted for Q1 CY27 delivery to support Mining Lease application thereafter
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Barton Managing Director Alexander Scanlon commented:
“We are pleased with the results of Tunkillia’s ‘Phase 2’ infill assays, which support the highest-grade results of ‘Phase 1’ drilling and the potential for new, shallower zones of high-grade mineralisation within the existing ‘Starter Pits’.
“We are now remodelling all Tunkillia mineralisation with the benefit of nearly 58,000m additional drilling since last year.
“A JORC Resources update for gold is pending, and a JORC update for silver and a PFS are planned for Q1 CY27.”
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To read the full news release please click HERE
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Disclosure
At the time of writing the author holds shares in Barton Gold.
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