Barton Gold (ASX:BGD)
Provide an update for the current drilling program in the historical Tarcoola Goldfield.
A ~7,000m RC drilling program began 14 May 2024 to test new structural targets near the Perseverance Mine – where pit floor drilling has recently confirmed high-grade extensions of mineralisation grading up to ~12 g/t Au.
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| Barton Gold | ASX: BGD |
| Stage | Production, development |
| Metals | Gold |
| Market Cap | A$66 Million @ 30c |
| Location | South Australia |
| Website | www.bartongold.com.au |
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To view Barton Gold historical news releases, please click here
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Barton Gold Tarcoola Goldfield Drilling Update
Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or the Company) is pleased to provide an update for the current drilling program in the historical Tarcoola Goldfield (Tarcoola).
A ~7,000m RC drilling program began 14 May 2024 to test new structural targets near the Perseverance Mine – where pit floor drilling has recently confirmed high-grade extensions of mineralisation grading up to ~12 g/t Au – and priority targets to the west including Tolmer, Mulgathing and Warburton.
A total of 3,126m RC drilling has now been completed across the School, Old Flame and Perseverance North targets (on Mining Lease 6455, see Figure 2 next page), and at the Tolmer target.
Barton is trialling in-field applications of Portable PPB’s DetectOreTM technology, and has now dispatched priority samples to the lab for expedited analysis by fire assay based upon preliminary in-field analyses.
Drilling has now paused for approximately two weeks’ time, following which the balance of the program will be completed, including further drilling on the Tolmer, Mulgathing and Warburton targets.
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HIGHLIGHTS
• ~3,126m reverse circulation (RC) drilling completed to-date, priority assay samples dispatched
• Targeting high-grade mineralisation in newly identified structural targets surrounding the Perseverance Mine, where assays have recently confirmed high-grade pit floor extensions.
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Commenting on the Tarcoola drilling program, Barton M.D. Alex Scanlon said:
“Our exploration team and drilling contractor have done an excellent job so far with this program, maintaining a production rate of over 200 metres per day on average despite the challenges of drilling through quartzites.
“We anticipate another 3 – 4 weeks of drilling will complete this initial ~7,000m test of certain newly predicted structural targets, with drilling to re-commence after a 2 week break for the drilling and exploration teams.
“We have expedited sample dispatch and assays for several hundred metres of this first round of drilling, and our geology team is busy remodelling pit floor mineralisation in the Perseverance Mine.
“Our objective for Tarcoola this year is a steady flow of drilling, analysis, and follow-up to pursue high-grade mineralisation.”
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To view Barton Gold historical news releases, please click here
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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 Holdings.
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