Barton Gold  (ASX: BGD)

Announced the expansion of ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project.

Interim analysis indicates growth & grade upside potential.

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Credits Barton Gold Limited.

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Barton Gold Announces the Expansion of Tunkillia Phase 2 Upgrade Drilling

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Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce the expansion of ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia).

HIGHLIGHTS

• 18,900m ‘Phase 1’ upgrade drilling completed November 2025, ~30,000m, ‘Phase 2’ program ongoing
• Analysis of assays to-date indicates upside potential in high value ‘Starter’ pit areas, potential extensions of main open pit, and higher-grade extensions of ‘Area 51’ open pit mineralisation
• Reverse circulation (RC) component of ‘Phase 2’ drilling program now expanded to ~40,000m

Tunkillia’s May 2025 Optimised Scoping Study (OSS) outlined a compelling development project, where:
• Annual production: ~120,000oz gold and ~250,000oz silver
• Total LoM operating cash: ~A$2.7 billion (unlevered, pre-tax)
• Net Present Value (NPV7.5%): ~A$1.4 billion (unlevered, pre-tax)
• Internal Rate of Return (IRR): ~73.2% (unlevered, pre-tax); and
• Payback period: ~0.8 years (unlevered, pre-tax)
Notably, within the project the S1 and S2 pits are modelled to produce 365,000oz gold, 923,000oz silver and $1.3bn operating free cash during the first ~27 months alone (assuming A$5,000/oz gold and A$50/oz silver).

At current prices, these would be modelled to produce approximately $1.75bn in this time. Based upon these results, Barton expedited upgrade drilling programs to support JORC Resource upgrades and PFS analyses.

Interim analysis of ‘Phase 1’ and ‘Phase 2’ RC drilling assays published to-date has identified potential to extend total Tunkillia mineralisation, increase JORC Mineral Resources within the May 2025 OSS optimised pit outlines, and increase the grade profile and classification of ‘Starter’ pit mineralisation.

Barton has therefore added ~10,500m to the ongoing ‘Phase 2’ RC drilling program. All other work programs remain on track for target completion of a Pre-feasibility Study (PFS) before the end of calendar year 2026.

PFS results will then inform a Mining Lease application and project finance discussions during calendar year 2027.

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Commenting on the expansion of Tunkillia drilling, Barton Managing Director Alexander Scanlon said:

“Tunkillia’s OSS demonstrated its financial and capital leverage, with robust economics driven by higher-grade ‘Starter Pits’ modelled to generate A$1.75bn operating profit during the first 2.5 years at current gold and silver prices.

“With recent ‘Phase 1’ upgrade drilling confirming the mineralisation behind these economics, and ongoing ‘Phase 2’ drilling identifying new extensions and higher grade mineralisation, we are excited to expand drilling with the objective to potentially increase both the quantum and grade of Resources within Tunkillia’s optimised open pit outlines.

 

“This could materially enhance Tunkillia’s already robust economics by adding new gold and silver ounces within the existing pit outlines, further reducing early cash costs per ounce, and boosting its significant early cash flow profile.”

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To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Barton Gold (ASX: BGD)

Announced the first round of assays received from ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project.

These come from within the currently modelled ‘Area 51’ optimised open pit.

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Credits Barton Gold

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Barton Gold’s High-Grade Assays Indicate Growth for Tunkillia’s Area 51

North / south extensions indicated by highest-grade mineralisation

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Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce the first round of assays received from ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia).

These come from within the currently modelled ‘Area 51’ optimised open pit.

These assays include broad intersections which infill the currently modelled Area 51 mineralisation, with the highest-grade assays also indicating potential optimised open pit growth and further high-value extensions.

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HIGHLIGHTS

• ~30,000m Tunkillia ‘Phase 2’ reverse circulation (RC) Resource upgrade drilling underway, after ‘Phase 1’ infilled highest value S1 and S2 pit areas (in the centre of Area 223) with high-grade intersections1
• First assays from ongoing ‘Phase 2’ upgrade drilling include highest-grade results to-date from Area 51 zone, indicating potential growth in Resources, open pit and mine life
• Broadest, highest-grade assays come from north / south ends of currently modelled open pit, indicating significant potential for further extensions of higher value mineralisation
• New assays include:2
Hole ID Interval Including:
TKB0457 52m @ 0.95 g/t Au from 101m depth 2m @ 2.84 g/t Au from 117m depth
TKB0462 40m @ 1.64 g/t Au from 155m depth 2m @ 3.83 g/t Au from 164m depth
TKB0470 46m @ 1.13 g/t Au from 137m depth 5m @ 2.34 g/t Au from 172m depth
TKB0492 43m @ 1.82 g/t Au from 39m depth 8m @ 3.79 g/t Au from 42m depth, and
2m @ 4.14g/t Au from 67m depth, and
2m @ 6.65 g/t Au from 71 m depth
TKB0494 39m @ 1.12 g/t Au from 52m depth 6m @ 3.46 g/t Au from 58m depth
• Barton targeting completion of a Pre-Feasibility Study (PFS) before the end of calendar year 2026, to support a Mining Lease (ML) application and expedited project finance conversations

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Barton Managing Director Alexander Scanlon said:

“Phase 1 drilling already confirmed the higher-grade mineralisation driving Tunkillia’s exceptional economics, where its ‘Starter Pit’ can repay development 2x over in the first year alone – assuming A$5,000/oz gold and A$50/oz silver.

 

“We are therefore pleased to report that Area 51 has returned higher-grade results than anticipated, indicating potentially higher-value mineralisation, Resource growth and also extensions of the optimised open pit and mine life.

 

“Tunkillia is on track for dual gold and silver Resource upgrades, conversion to Ore Reserves, completion of a PFS and a Mining Lease application, all in the context of a considerably more favourable gold and silver price environment.”

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To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Mining Review 24th May 2026

A poor week for mining company stocks, with most slipping further down following a few poor weeks, after the precious metal price fell back following the US / Israel’s attack on Iran.

Precious metals traded mostly sideways during the week.

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City Investors Circle Mining Review 24th May 2026

Mining Review 24th May 2026 – A poor week for mining company stocks, with most slipping further down following a few poor weeks, after the precious metal price fell back following the US / Israel’s attack on Iran.

Precious metals traded mostly sideways during the week, but that failed to stem the losses of the mining stocks.

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A good example is G Mining Ventures is now off around 25% from the high, despite everything being on track for the new Oko West gold mine in Guyana in around a year or so.

The company released strong results this week but the share price continued to decline.

Mogotes Meals announced a major discovery in Southern Argentina at its Filo Sur project.

Altair Minerals and Barton Gold both announced good gold discoveries at their respective projects in Guyana and South Australia.

  Mogotes Metals Announced a Major Gold Discovery

  Barton Gold Increased the Challenger Mineralisation

  Altiair Reported High-grade Gold Samples at Soko

  Kaiser Reef Union Hill Decline Refurbishment Underway

  Westgold Divested Peak Hill to Great Boulder for A$58.3m

  G Mining Ventures Reported First Quarter 2026 Results

  Mining Review 17th May 2026

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Market Data

Weekly Price Changes

(US$ unless stated)

Barton Gold (ASX: BGD)

Announced further assay results from recent drilling at its South Australian Challenger Gold Project.

These assays come from the CSSW Deposit and ‘Challenger 3’ target, both of which are potential new open pits.

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Challenger plant – Courtesy of Barton Gold

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Barton Gold Challenger Assays Extend New Open Pittable Mineralisation Targeting new JORC Mineral Resources at ‘Challenger 3’ target

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce further assay results from recent drilling at its South Australian Challenger Gold Project (Challenger).

These assays come from the CSSW Deposit and ‘Challenger 3’ target, both of which are potential new open pits.

Challenger is the site of the Company’s fully permitted Central Gawler Mill (CGM). A Definitive Feasibility Study (DFS) is underway targeting an initial 3 – 4 year Stage 1 ‘baseline’ operation utilising only historical higher-grade tailings from tailings storage facility 1 (TSF1) and limited, near-surface materials without disturbing Challenger’s
historical high-grade underground mine, its mineralisation or its infrastructure access.

HIGHLIGHTS

• 8,065m reverse circulation (RC) Resource upgrade drilling recently completed at Challenger ‘Main’,
‘Challenger West’ (CW) open pits, and ‘Challenger South-Southwest’ (CSSW) and ‘Challenger 3’ targets1
• New assays confirm CSSW and Challenger 3 mineralisation, and support a potential new Challenger 3 JORC (2012) Mineral Resource Estimate (MRE), including:
Hole ID Interval Including:
CHB0197 8m @ 1.68 g/t Au from 55 metres 1m @ 7.64 g/t Au from 57 metres
CHB0204 6m @ 4.46 g/t Au from 30 metres 2m @ 12.1 g/t Au from 30 metres
CHB0206 10m @ 1.33 g/t Au from 44 metres 1m @ 5.61 g/t Au from 46 metres
CHB0213 10m @ 2.28 g/t Au from 33 metres 1m @ 9.12 g/t Au from 42 metres
CHB0222 7m @ 3.28 g/t Au from 30 metres 1m @ 16.5 g/t Au from 30 metres
CHB0225 2m @ 5.12 g/t Au from 30 metres 1m @ 9.17g/t Au from 31 metres
CHB0236 6m @ 1.66 g/t Au from 24 metres 1m @ 6.93 g/t Au from 25 metres
• Recent assays have also identified new high-grade mineralisation up to 170 g/t Au in the ‘Main’ open pit walls, and mineralisation up to 60 g/t Au in the Challenger West open pit floor2
• Challenger DFS underway targeting a viable, simplified ‘baseline’ Stage 1 operation to underwrite restart of CGM and maximise Challenger, Tarcoola, Wudinna and Tolmer development optionality

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Barton Gold Managing Director Alexander Scanlon commented:

“Following recent high-grade assays up to 170 g/t Au and 60 g/t Au from Challenger’s ‘Main’ and ‘West’ open pits, we are pleased to share new assays confirming significant mineralisation to support potential new adjacent open pits.

 

“This kind of near-surface mineralisation adjacent to our existing Central Gawler Mill provides ideal low-risk feed to de-risk an operational restart at Challenger. We look forward to sharing further Challenger updates soon.”

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To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Mining Review 10th May 2026

Mogotes Metals and Barton Gold released impressive drill results this week.

G Mining Ventures confirmed its Oko West construction is running on time and on budget in Guyana.

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City Investors Circle Mining Review 10th May 2026

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Mogotes Metals and Barton Gold released impressive drill results this week.

G Mining Ventures confirmed its Oko West construction is running on time and on budget in Guyana.

Catalyst Metals reported infill drilling results around the ende of its current resource.

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Significant news from our watchlist companies for the last week is listed below, please click on the link to be taken to the full story.

 Catalyst Metals Extended the  Gold Mineralisation at Trident

  Silver Storm Mobilizes Underground Mine Development Contractors at La Parrilla

  G Mining Ventures on Track and on Budget for Oko West Construction

  Barton Gold’s Tolmer Yielded >100,000 g/t Silver Trial Gravity Concentrate

  G2 Goldfields Extended High-Grade OKO Resource, Intercepts 84.5m @ 3.0 g/t Au

  Mogotes Metals Drilling Found Large-Scale, Shallow Gold-Copper System

  Mining Review 3rd May 2026

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Market Data

Weekly Price Changes

(US$ unless stated)

Barton Gold  (ASX: BGD)

Announced the results of a preliminary analysis of sample mineralisation collected from drilling at its high-grade Tolmer Silver prospect, located at its South Australian Tarcoola Gold Project.

Tolmer is one of Australia’s highest-grade modern silver discoveries.

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Tolmer Yields >100,000 g/t Silver Trial Gravity Concentrate
Metallurgical evaluation started, follow up drilling expedited for mid-May

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Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce the results of a preliminary analysis of sample mineralisation collected from drilling at its high-grade Tolmer Silver prospect (Tolmer), located at its South Australian Tarcoola Gold Project (Tarcoola).

Tolmer is one of Australia’s highest-grade modern silver discoveries, identified during 2025 in a discovery hole which yielded a peak intersection of 6m @ 4,747 g/t Ag (plus 4m @ 13.2 g/t Au).

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HIGHLIGHTS

• Preliminary test yields high-grade concentrate grading over 100,000 g/t Ag (10% silver)
• Trial concentrate to support preliminary evaluation of Tolmer petrology and paragenesis utilising scanning electron microscopy (SEM); leading geological consultant engaged
• ~4,000m follow up drilling expedited for May 2026 to infill high-grade assays, test extensions.

The mineralisation from this hole has now been dried, washed with a basic detergent, and panned to produce a concentrate for evaluation utilising scanning electron microscopy, which will assist in designing a full metallurgical testwork program.
This test has produced a concentrate grading >100,000 g/t Ag (~10% silver) from a simple gravity process, without any grinding, roasting or the use of chemical reagents.

The ability to produce exceptionally high-grade concentrates without hydrometallurgical or pyrometallurgical processes could have potential implications for low-cost, high-margin operations if this is consistent for the mineralisation.

Barton has now expedited a ~4,000m RC drilling follow up program, anticipated to begin mid-May 2026.

The objective is to further develop Tolmer’s local geological knowledge, infill data, and test potential extensions indicated by soil assays around numerous drill intercepts exceeding 2,000 gram-metres Ag.

N.B

Barton notes the above results are from a subsample of prepared materials and are not representative of all Tolmer mineralisation.

Comprehensive quantitative metallurgical testwork is required to evaluate potential
commercial viability. Barton has engaged a leading geological consultant to conduct a preliminary evaluation of this Tolmer mineralisation and assist in the design of a detailed metallurgical testwork program.

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 Barton MD Alexander Scanlon Commented,

“We are excited to receive these exceptional preliminary concentration results.

 

“There is clearly something very different going on at Tolmer, not only in terms of the degree of silver enrichment in the oxide and transitional zones, but also as to the dominant presence of primary silver in the veining below the ‘western silver zone’ observed in recent drilling.

 

“This is entirely distinct from the rest of the Tarcoola Goldfield, where gold is dominant, and raises exciting possibilities.

 

“Detailed metallurgical testwork is now required, but the prospective ability to concentrate Tolmer’s silver from just a simple, gravity based process is also exciting.

 

“For context, one tonne of concentrate grading over 100,000 g/t Ag would today contain over $300,000 worth of silver – before attributing any value for contained gold by-product credits.

 

“Our emerging silver portfolio is a potentially significant contributor to our regional strategy. We are excited to now be accelerating our Tolmer investigation in parallel with programs to upgrade our Tolmer gold and silver Resources.”

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To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Mining Review 26th April 2026

News from our watchlist companies this week was dominated by Australia, with Barton Gold, Kaiser Reef, and Ora Banda all reporting good drilling results.

Heliostar Metals also reported high-grade drill results at their Ana Paula Mexican gold project.

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City Investors Circle Mining Review 26th April 2026

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There was plenty of positive news releases made by companies on out watchlists this week, dominated by Australia, with Barton Gold, Kaiser Reef, and Ora Banda all reporting good drilling results.

Heliostar Metals also reported high-grade drill results at their Ana Paula Mexican gold project.

Meeka Metals announced a gold acquisition at Mt Holland, and Lahontan Gold reported positive cyanide recoveries for gold and silver.

All in all a good week for news, although market and gold price volatility meant this positivity wasn’t relected in the share prices of the companies concerned.

Patience isn’t just a virtue, it’s a necessity in this mining investment game.

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 Meeka Metals Announced a Mt Holland South Gold Acquisition

 Lahontan Reported Cyanide Recoveries Of 81% For Gold and 60% For Silver

  Heliostar Metals Drilled 69 Metres Grading 10.1 g/t Gold

  Kaiser Reef Drilling Results and Exploration Update

  Ora Banda Drilled Exceptional High-Grade Gold at Golden Pole

  Barton Gold’s First Challenger Assays Return Grades up to 170g/t Au

  Barton Gold Challenger DFS Pit Optimisation Drilling Complete

  Ora Banda Reported Record Production and Cashflow in Q1

Mining Review 19th April 2026

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Market Data

Weekly Price Changes

(US$ unless stated)

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Barton Gold Holdings (ASX: BGD)

Announced initial assay results from recent drilling at its South Australian Challenger Gold Project.

Highlights included hole CHB0140 9m @ 2.20 g/t Au from 97 metres 1m @ 6.63 g/t Au from 103 metres.

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Tunkillia drilling – Credits Barton Gold

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Barton Gold’s First Challenger Assays Return Grades up to 170g/t Au

New zones of high-grade mineralisation identified in open pit walls

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce initial assay results from recent drilling at its South Australian Challenger Gold Project (Challenger).

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HIGHLIGHTS

• 8,065m reverse circulation (RC) Resource upgrade drilling recently completed at Challenger ‘Main’,
‘Challenger West’ (CW) open pits, and ‘Challenger South-Southwest’ (CSSW) and ‘Challenger 3’ targets
• Challenger’s ‘Main’ open pit operated during 2002 – 2004; drilling has identified new highgrade mineralisation in the open pit’s walls and extensions, where new assays include:

Hole ID Interval Including:
CHB0140 9m @ 2.20 g/t Au from 97 metres 1m @ 6.63 g/t Au from 103 metres
CHB0158 11m @ 5.67 g/t Au from 24 metres
10m @ 17.7 g/t Au from 40 metres
1m @ 50.9 g/t Au from 27 metres
1m @ 170.7 g/t Au from 43 metres
CHB0159 14m @ 1.01 g/t Au from 19 metres
3m @ 4.72 g/t Au from 40 metres
3m @ 2.55 g/t Au from 22 metres
1m @ 11.8 g/t Au from 40 metres
CHB0165 3m @ 6.85 g/t Au from 121 metres 1m @ 15.0 g/t Au from 121 metres
• Further assays pending for the CW open pit, and the CSSW and Challenger 3 open pit targets
• Challenger DFS underway targeting a viable, simplified ‘baseline’ Stage 1 operation to underwrite restart of CGM and maximise Challenger, Tarcoola, Wudinna and Tolmer development optionality.

Challenger is the site of the Company’s fully permitted Central Gawler Mill (CGM). A Definitive Feasibility Study (DFS) is underway targeting an initial 3 – 4 year Stage 1 ‘baseline’ operation utilising only historical higher-grade tailings from tailings storage facility 1 (TSF1) and limited, near-surface materials without disturbing Challenger’s
historical high-grade underground mine, its mineralisation or its infrastructure access.

Commenting on the first Challenger assay results, Barton Managing Director Alexander Scanlon said:

“The Challenger open pit operated from 2002 to 2004, at a time of record low gold prices. Our drilling has been targeting 1-2 g/t Au mineralisation on open pit extensions to provide a source of lower-risk feed for Stage 1 operations.

 

“We were therefore surprised to find much higher-grade mineralisation than expected – up to 170 g/t Au – in previously unmodelled extensions of mineralisation immediately adjacent to the open pit.

 

“This mineralisation has not previously been drilled and is not closed off, indicating potential for further extensions and additional near-pit discoveries.

 

“This kind of on-pit, near-surface mineralisation adjacent to our existing Central Gawler Mill provides ideal low-risk feed to de-risk an operational restart at Challenger. We look forward to sharing further Challenger assays soon.”

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To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Barton Gold (ASX: BGD)

Confirmed the completion of pit optimisation drilling at its South Australian Challenger Gold Project, adjacent to its wholly-owned Central Gawler Mil. Foraco Drilling was engaged to complete the program.

A total 1,322m diamond drilling was completed across 23 holes to generate additional geotechnical data and sample materials for metallurgical testwork.

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Photo courtesy of Barton Gold Hoildings.

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Barton Gold Challenger DFS Pit Optimisation Drilling Complete

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to confirm the completion of pit optimisation drilling at its South Australian Challenger Gold Project (Challenger), adjacent to its wholly-owned Central Gawler Mill (CGM). Foraco Drilling was engaged to complete the program.

A total 1,322m diamond drilling (DD) was completed across 23 holes to generate additional geotechnical data and sample materials for metallurgical testwork. These analyses will support the optimisation of Challenger open pit designs and operations. Together with 8,065m of recently completed RC drilling, Barton is targeting
conversion of existing open pit mineralisation (and new near-surface targets), to JORC (2012) ‘Indicated’ Resources and, subject to the completion of a Definitive Feasibility Study (DFS), to ‘Ore Reserves’.

The design concept of the DFS is to target an initial 3 – 4 year Stage 1 ‘baseline’ operation utilising only historical higher-grade tailings from tailings storage facility 1 (TSF1) and limited, near-surface materials without disturbing Challenger’s historical high-grade underground mine, its mineralisation or its infrastructure access.

Targeting Initial ‘Stage 1’ DFS & Ore Reserves conversion by H2 CY 2026

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HIGHLIGHTS

• DFS underway following dual Challenger JORC (2012) Mineral Resources upgrades to 313koz Au, targeting JORC (2012) Ore Reserves conversion and a ‘Stage 1’ DFS by H2 CY 2026
• DFS objective to model a viable, simplified ‘baseline’ Stage 1 operation to underwrite restart of CGM and maximise Challenger, Tarcoola, Wudinna & Tolmer development optionality
• Following the recent completion of 8,065m reverse circulation (RC) Resource upgrade drilling, a total of 1,322m diamond drilling (DD) completed for open pit design and metallurgical optimisation
• First assays from recently completed Resource upgrade RC drilling expected imminently

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Commenting on Challenger’s development drilling programs, Barton MD Alexander Scanlon said:

“We are pleased to have completed this program in support of Challenger’s ongoing DFS, and we thank Foraco Drilling for their safe execution despite the challenges of recent extreme rains across outback South Australia.

“Challenger’s significant open pit and near-surface gold mineralisation, immediately adjacent to our existing Central Gawler Mill, provides an ideal foundation for an initial ‘baseline’ operation that underwrites a lower-risk restart while maximising development optionality across the Challenger underground mine, Tarcoola, Tolmer and Wudinna.

“Foraco will now move on to development drilling programs at our neighbouring large-scale Tunkillia Gold Project.”

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To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Barton Gold (ASX: BGD)

Announced the start of ‘Phase 2’ JORC (2012) Mineral Resource upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia).

Strike Drilling has been engaged to complete a program totalling ~30,000m.

.

Tunkillia drilling – Credits Barton Gold

.

.

Barton Gold Tunkillia ‘Phase 2’ Resource Upgrade Drilling Begins

Targeting Ore Reserves, PFS & ML application by the end of 2026

.

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce the start of ‘Phase 2’ JORC (2012) Mineral Resource upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia).

Strike Drilling has been engaged to complete a program totalling ~30,000m.

HIGHLIGHTS

• May 2025 Optimised Scoping Study (OSS) outlined a compelling Tunkillia development project:

o Annual production: ~120,000oz gold and ~250,000oz silver
o Total LoM operating cash: ~A$2.7 billion (unlevered, pre-tax)
o Net Present Value (NPV7.5%): ~A$1.4 billion (unlevered, pre-tax)
o Internal Rate of Return (IRR): ~73.2% (unlevered, pre-tax); and
o Payback period: ~0.8 years (unlevered, pre-tax)

• Barton expediting Tunkillia toward Mining Lease (ML) application, with AUD gold and silver prices now over $2,000/oz and $60/oz higher (respectively) than used for OSS revenue estimates
• 18,900m ‘Phase 1’ reverse circulation (RC) Resource upgrade drilling infilled high value S1 / S2 pit areas with broad high-grade intersections, supporting rapid payback in early ‘Starter pit’2
• ~30,000m ‘Phase 2’ RC upgrade drilling now underway targeting balance of optimised open pits;
• Phase 2 RC drilling a key step to support JORC (2012) Mineral Resource upgrades and target
JORC (2012) Ore Reserves, a pre-feasibility study (PFS), and an ML application by end of 2026.

Tunkillia’s Phase 2 RC upgrade drilling follows a successful ‘Phase 1’ program which infilled the high-value early ‘S1’ and ‘S2’ pit areas, modelled to produce ~$1.3 billion operating profit during the first 2.5 years of operation, with broad, high-grade intersections.

Barton is targeting conversion of all of Tunkillia’s OSS modelled open pit
mineralisation to JORC (2012) ‘Measured’ and ‘Indicated’ categories to accelerate financing and development.

.
 Barton MD Alexander Scanlon commented;

“The Tunkillia OSS demonstrated the financial and capital leverage available to large-scale bulk processing operations, with the major advantage of a higher-grade ‘Starter Pit’ that can pay back development costs 2x over in the first year – assuming A$5,000/oz gold and A$50/oz silver prices.

 

“At current gold and silver prices, Tunkillia would be modelled to produce over $1 billion operating profit in the first year, and over $2 billion operating profit in the first two years.

 

“Our recent ‘Phase 1’ Resource upgrade drilling results further confirmed the mineralisation behind these compelling economics; we are therefore now executing the balance of Tunkillia development drilling programs on an expedited timeline, targeting declared JORC Ore Reserves, a robust PFS, and a Mining Lease application by the end of 2026.

.

“Following the submission of our Mining Lease application, we will expedite Tunkillia’s project finance discussions and work with all key stakeholders including the South Australian Government to bring Tunkillia online as soon as possible.

 

“This project can generate substantial economic benefits for Barton and all of our stakeholders, including the State.”

.

To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Barton Gold (ASX: BGD)

Announced the start of water bore drilling at its South Australian Tunkillia Gold Project.

Underdale Drillers has been engaged to complete a program totalling ~900m drilling for preliminary water testing, where success in locating additional sources of nearby water has the potential to both de-risk and improve project economics.

.

.

Barton Gold Begins The 2026 Tunkillia Drilling Program

Targeting Ore Reserves, PFS and ML application by the end of 2026

.

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce the start of water bore drilling at its South Australian Tunkillia Gold Project (Tunkillia).

Underdale Drillers has been engaged to complete a program totalling ~900m drilling for preliminary water testing. Success in locating additional sources of nearby water has the potential to both de-risk and improve project economics.

Barton is also pleased to confirm that Tunkillia’s planned second phase JORC (2012) Mineral Resource upgrade drilling will start as planned during March 2026, with ~28,000m RC drilling targeting the conversion of the balance of Tunkillia’s OSS modelled open pit mineralisation (beyond S1 / S2) to JORC (2012) ‘Indicated’ category.

A ~3,000m diamond drilling (DD) program is planned to run in parallel with phase 2 RC drilling, targeting the infill and expansion of Tunkillia’s geotechnical and metallurgical databases in support of further open pit design optimisation, detailed recovery and production modelling, and a PFS and ML application by the end of 2026.

.
HIGHLIGHTS

• May 2025 Optimised Scoping Study (OSS) outlined a compelling Tunkillia development project:

o Annual production: ~120,000oz gold and ~250,000oz silver
o Total LOM operating cash: ~A$2.7 billion (unlevered, pre-tax)
o Net Present Value (NPV7.5%): ~A$1.4 billion (unlevered, pre-tax)
o Internal Rate of Return (IRR): ~73.2% (unlevered, pre-tax); and
o Payback period: ~0.8 years (unlevered, pre-tax)

• Barton expediting Tunkillia toward Mining Lease (ML) application, with AUD gold and silver prices now over $1,500/oz and $50/oz higher (respectively) than used for OSS revenue estimates
• ~900m water drilling has started, targeting potential new water sources near OSS open pits
• ~28,000m second phase reverse circulation (RC) Resource upgrade drilling to begin March 2026,
with ~3,000m Resource, geotechnical & metallurgical diamond drilling (DD) to start in parallel
• Targeting JORC (2012) Ore Reserves, pre-feasibility study (PFS) & ML application by end of 2026

.

Barton MD Alexander Scanlon Commented on Tunkillia’s 2026 drilling programs, 

“The Tunkillia OSS demonstrated the financial and capital leverage available to large-scale bulk processing operations, with the major advantage of a higher-grade ‘Starter Pit’ that can pay back development costs 2x over in the first year.

 

“With recent Resource upgrade drilling results further de-risking this profile, we are advancing our other development drilling programs in support of planned JORC Ore Reserves, a PFS, and a Mining Lease application by the end of 2026.

 

“Following the submission of our Mining Lease application, we will expedite Tunkillia’s project finance discussions in parallel with our targeted reinstatement of ‘Stage 1’ operations at our neighbouring Challenger Gold Project.

 

 

“Our objective is to bring Tunkillia online as soon as possible to realise our gold production target of 150,000oz annually.”

.

To read the full news release please click HERE

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Barton Gold (ASX: BGD)

Md and CEO Alexander Scanlon emailed investors with a positive note highlighting the  company’s achievements during 2025 and the prospects for production startup in late 2026.

.

Credits Barton Gold

.

Barton Gold CEO Sends a Positive Message for 2026

Dear Investors & Colleagues,

I hope this mail finds you well, enjoying the holidays with friends and family, and looking forward to an exciting 2026. What a massive year it has been for Barton.

2025 has been transformational in all respects, with several notable project and corporate achievements jointly symbolising the ‘pivot point’ between the last 5 years of ‘building our thesis’, and the next 5 years of ‘executing our plan’ and realising the value of the platform we have methodically and [very] cost-efficiently assembled.

These include:

.

——-

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

,

Stocks to watch in 2026 – Barton Gold

Barton Gold is due to enter production in late 2026 at its Gowler Mill in South Australia.

Barton is an active company, and management are targeting 150,000 Oz gold production annually in the future.

.

Challenger plant – Courtesy of Barton Gold

.

.

Comment

I have to admit, of all the stocks on my watchlist ,and in my current portfolio, Barton is my number one selection for having the most potential to create shareholder value in 2026.

The company has a strong management team that are quietly achieving their objectives moving towards the first phase of a two phase production schedule.

They are refurbishing an existing mill for a small capex, and are looking to commence gold production at the end of 2026, or the beginning of 2027.

For that reason, provided the gold price remains high around current levels, or higher of course, I see Barton climbing towards the production peak on the Lassonde Curve later this year.

Phase 2 production is three years away, when the company hope to produce 150,000 ounces of gold production per annum, which will produce a massive profit if the gold price remains high. 

Management own 21% of the stock, and institutions 36%, a good sign of confidence in the project and management.

Management visit Europe frequently, I meet CEO Alex Scanlon whenever he comes, he’s very communicative, which is another tick in the box for my personal criteria.

.

=======

Stocks to watch in 2026 – Barton Gold

Barton Gold is due to enter production in late 2026 at its Gowler Mill in South Australia.

Barton is an active company and management are targeting 150,000 Oz gold production annually in the future.

The company are entering a two phase production plan, with a first stage due to enter production late 2026, early 2027. I personally always allow for some slippage in the timeline as mining is a complicated business.

The mill is fully permitted, and therefore I don’t expect too many challenges for the restart.

Phase 1

Involves reprocessing historic tailings, which provides a low cost entry to production. I like tailings projects, the hard work has already been done, they sit on surface, not in the ground, and new technology makes it possible to produce from what’s left over from their original processing.

Highlights

A DFS is due in March 2026.

Mill commissioning, and phase 1 operations are due to commence at the end of 2026.

Capex A$26 million.

Mill capacity will be between 600 and 650 ktpa.

Future Plans

Barton’s long term target after phase 2 is initiated is to produce 250,000 ounces of gold per annum.

Phase 1 production is designed to give Barton a chance to earn early cashflow as the longer term plans develop.

The latest Barton Gold Corporate presentation can be viewed HERE

In conclusion, I believe Barton Gold will deliver, the risk level looks at the lower end of the scale, being a tailings project to be processed at a refurbished mill, with low capex.

One to watch during 2026, especially as production startup approaches, as I expect the normal Lassonde Curve rules of shareholder value creation to apply as production approaches.

.

——-

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Barton Gold (ASX:BGD)

Confirmed the start of a high resolution airborne gravity survey surrounding its South Australian Challenger Gold Project.

.

Challenger Mill – courtesy of Barton Gold

.

.

Barton Gold High Resolution Gravity Survey Targets Challenger Repeats

Targeting near-mine indications of high-grade quartz vein lodes

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to confirm the start of a high resolution airborne gravity survey surrounding its South Australian Challenger Gold Project (Challenger).

The program is part of Barton’s research and development (R&D) initiatives
trialling various technologies in historically under-explored terrain to define new geological models.

HIGHLIGHTS

• High resolution survey over northern portion of EL 6502, which hosts the Challenger Gold Mine
• Targeting gravity anomalies indicative of structures similar to Challenger’s high-grade gold lodes

.

Barton Managing Director Alexander Scanlon said:

“With a DFS underway for the phased restart of operations at Challenger, leveraging our Central Gawler Mill, we are diligently pursuing our regional enhancement strategy.

 

“This includes not only our Tarcoola and Wudinna blending feed projects, but also the potential for near-mine repeats of Challenger’s high-grade quartz vein lodes.

“Challenger was developed during a period of record low gold prices, and as such historical investment favoured rapid development over local exploration. With existing infrastructure, new discoveries could be highly valuable.”

.

To read the full news release please click HERE

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Barton Gold (ASX: BGD)

Announced first assay results from recent drilling at its South Australian Tunkillia Gold Project.

These assays confirm broad new intervals of high-grade gold mineralisation which infill the central portion of Tunkillia’s S1 ‘Starter Pit’, emphasising the high-value nature of this zone.

.

Photo courtesy of Barton Gold Ltd.

.

.

Barton Gold Reports Broad, High-Grade Assays Infill Tunkillia ‘S1’ Pit Area

Results emphasise Tunkillia grade potential in key features

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce first assay results from recent drilling at its South Australian Tunkillia Gold Project (Tunkillia).

These assays confirm broad new intervals of high-grade gold mineralisation which infill the central portion of Tunkillia’s S1 ‘Starter Pit’, emphasising the high-value nature of this zone to Tunkillia’s development.Commenting on the new Tunkillia assay results,

.
HIGHLIGHTS

• New assays support higher-grade model for Tunkillia S1 ‘Starter Pit’ mineralisation; infill drilling targeting conversion to JORC (2012) ‘Measured’ category to underwrite financing.
• Tunkillia ‘S1’ pit modelled to produce $825m operating profit in first year of operations
from average grade of 1.19 g/t Au – new broad, high-grade assays from this zone include:
Hole ID Interval Including:
TKB0267 14m @ 2.78 g/t Au from 88 metres 3m @ 6.97 g/t Au from 98 metres
TKB0269 28m @ 2.60 g/t Au from 129 metres 2m @ 20.9 g/t Au from 144 metres
TKB0282 27m @ 2.68 g/t Au from 60 metres, and
44m @ 3.68 g/t Au from 103 metres
2m @ 38.7 g/t Au from 73 metres
3m @ 23.5 g/t Au from 123 metres
TKB0285 47m @ 2.67 g/t Au from 97 metres 16m @ 5.03 g/t Au from 126 metres
TKB0292 41m @ 2.21 g/t Au from 47 metres 7m @ 9.61 g/t Au from 47 metres
TKB0301 10m @ 7.37 g/t Au from 65 metres 1m @ 28.8 g/t Au from 67 metres
TKB0306 10m @ 5.03 g/t Au from 152 metres, and
13m @ 3.75 g/t Au from 165 metres
1m @ 43.2 g/t Au from 154 metres
1m @ 37.1 g/t Au from 165 metres

• Balance of assays from recent Tunkillia ‘Phase 1’ upgrade drilling expected during December 2025 and January 2026, with updated JORC (2012) Mineral Resource Estimate by March 2026

Barton Managing Director Alexander Scanlon said:

“Tunkillia’s S1 pit contains the project’s highest grade mineralisation, ideally located in a shallower, central zone.

 

“Modelling indicates that this will yield over 200,000 gold ounces, generating over $800 million in operating free cash and paying back Tunkillia’s entire development cost more than 2x over during the first year of operations.

 

“This early phase of upgrade drilling was therefore designed to further de-risk this profile by infilling higher grade mineralisation to underwrite project finance.

 

“These results very much appear to support that objective, and also highlight the potential for the Tunkillia system to host very high grades within key structural features.

 

“We expect the balance of Phase 1 infill drilling assays by January, and are targeting the conversion of Tunkillia’s ‘S1’ and ‘S2’ optimised open pit mineralisation to JORC ‘Measured’ and ‘Indicated’ categories by March 2026.”

.

To read the full news release please click HERE

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Barton Gold (ASX: BGD)

Confirmed that upgrade drilling for the S1 and S2 pits at its South Australian Tunkillia Gold Project has completed ahead of schedule and under budget, with 18,893m drilled across 209 holes and 62 days.

.

.

Barton Gold Tunkillia Upgrade Drilling – 18,900m Phase 1 Complete

First assays from highest value ‘S1’ area expected imminently

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to confirm that upgrade drilling for the S1 and S2 pits at its South Australian Tunkillia Gold Project (Tunkillia) has completed ahead of schedule and under budget, with 18,893m drilled across 209 holes and 62 days.

Tunkillia’s S1 ‘Starter Pit’ is modelled to yield 206koz Au at a cost of only A$997 / oz, producing over A$800m operating cash and repaying development 2x over during the first year of operations.

.

HIGHLIGHTS

• Phase 1 reverse circulation (RC) upgrade drilling on Tunkillia’s high value ‘Starter Pits’ complete1
• Drilling completed ahead of schedule and under budget, with over 300m completed per day

.
Barton Managing Director Alex Scanlon commented;

“Tunkillia’s S1 pit area contains the project’s highest grades in a shallow central zone. Modelling indicates that the S1 pit will pay back Tunkillia’s entire development cost more than 2x over during the first year of operations.

 

“Having been approached by multiple prospective development and finance partners, upgrading this area to JORC ‘Measured’ category will underwrite confidence in this profile while we evaluate the optimal path forward.

 

“We would like to recognise and thank Raglan Drilling for their professionalism and coordination with the Barton Gold team, delivering this Phase 1 drilling program safely, under budget, and well ahead of schedule.”

.

To read the full news release please click HERE

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Mining Review 2nd November 2025

Kaiser Reef and Meeka Metals announced gold discoveries.

Barton Gold ahead of schedule at Tunkilia.

.

Credits Barton Gold

City Investors Circle Mining Review 2nd November 2025

It was a good week for company news, but gold company share prices are all over the place responding to fluctuations in the gold price

Investors have to hold their nerve at times like these, providing they are invested in solid companies with good management shares will move through the volatility at some point.

Jumping in and out of the market can result in missing the main rises.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  Market Review October 2025

  Meeka Metals Reports Strong Grades in First Underground Ore

  Catalyst Metals Intersects 7.4 GPT of Gold at Cinnamon

  Barton Gold Tunkilia Drilling Ahead Of Schedule

  Kaiser Reef Announces High-Grade Gold at Union Hill

  Barton Gold Starts Geotechnical Drilling at Central Gawler Mill

  Mining Review 26th October 2025

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

Barton Gold (ASX: BGD)

Confirmed that upgrade drilling for the ‘Starter Pits’ at its South Australian Tunkillia Gold Project is progressing ahead of schedule and under budget, with approximately 2/3 of the current ~18,000m program now complete.

.

Photo courtesy of Barton Gold

.

.

Barton Gold Tunkillia Upgrade Drilling – Update

Program advancing rapidly, ahead of schedule and under budget

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to confirm that upgrade drilling for the ‘Starter Pits’ at its South Australian Tunkillia Gold Project (Tunkillia) is progressing ahead of schedule and under budget, with approximately 2/3 of the current ~18,000m program now complete.

Assuming revenues based upon a gold price of AUD $5,000 / ounce, the ‘Stage 1’ and ‘Stage 2’ optimised open pit areas are modelled to yield 365koz Au and A$1.3bn operating profit during Tunkillia’s first ~2.5 years alone.

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HIGHLIGHTS

• Reverse circulation (RC) upgrade drilling on high value ‘Starter Pits’ ahead of schedule, 2/3 complete
• First assays from highest value ‘Stage 1’ area anticipated to be received during the coming weeks

Assuming revenues based upon a gold price of AUD $5,000 / ounce, the ‘Stage 1’ and ‘Stage 2’ optimised open pit areas are modelled to yield 365koz Au and A$1.3bn operating profit during Tunkillia’s first ~2.5 years alone.

Estimated ‘Starter Pits’ cash flows are modelled to repay development more than 2x over during the first year of operations, and more than 3x over during the first 2 years, offering an attractive credit financing profile.

This initial round of drilling is therefore designed to convert these two pit areas to JORC (2012) ‘Measured’ and ‘Indicated’ categories, reinforce modelling confidence and support expedited project financing discussions.

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 Barton Managing Director Alex Scanlon said:

“We are pleased to confirm that the first phase of Tunkillia upgrade drilling is progressing well, ahead of schedule and under budget, with contractors Raglan Drilling consistently delivering an average of over 300 metres drilling per day.

 

“Prior drilling in the ‘Starter Pits’ area has typically returned Tunkillia’s highest grades. Our modelling that indicates that these pits can deliver a payback period of less than 1 year in operations, offering a very attractive credit profile.”

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To read the full news release please click HERE

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in Barton Gold.

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To read our full terms and conditions, please click HERE

Barton Gold  (ASX: BGD)

Confirmed that geotechnical drilling has started in support of a recently launched Definitive Feasibility Study for ‘Stage 1’ production at the Company’s South Australian Challenger Gold Project.

The planned program includes 5 sonic drilling holes to recover TSF1 materials for laboratory testing.

Photo courtesy of Barton Golf

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Barton Gold Starts Geotechnical Drilling at Central Gawler Mill

Results to inform detailed TSF1 mine design, schedule and costs

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or the Company) is pleased to confirm that geotechnical drilling has started in support of a recently launched Definitive Feasibility Study for ‘Stage 1’ production (Stage 1 DFS) at the Company’s South Australian Challenger Gold Project (Challenger).

The planned program includes 5 sonic drilling holes to recover TSF1 materials for laboratory testing, 24 holes for Cone Penetration Testing (CPTu) and further laboratory testing, and 3 holes for push tube density testing.

The program is expected to take three weeks to complete, with the results to inform the dry recovery of TSF1 tailings materials, detailed mine design, a mining schedule and estimate of mining costs for the Stage 1 DFS.

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Barton Managing Director Alexander Scanlon commented;

“With the Stage 1 DFS now underway, we are excited to kick off the first of several production-related work programs that will inform key elements of mine design, scheduling, equipment selection and operating costs for tailings recovery.

 

““Following a $15m placement led by Franklin Templeton, Barton is well funded to advance the restart of operations at its Central Gawler Mill, with approximately $20m cash in the bank and credit financing discussions underway.

“We are now on the road to production, leveraging our fully permitted Central Gawler Mill to operations and growth.

 

“This is an invaluable stepping stone for our vision to become South Australia’s largest independent gold producer.“

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To read the full news release please click HERE

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The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Mining Review 12th October 2025

Orla Mining announced a potential significant discovery at Musselwhite.

Capricorn Metals and Erdene Resource Development both announced updated resources.

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G Mining Oko West project panoramic view – Courtesy of Reunion Gold

City Investors Circle Mining Review 12th October 2025

Mining Review 12th October 2025

Orla Mining announced a potential significant discovery at Musselwhite.

Capricorn Metals and Erdene Resource Development both announced updated resources in a generally positive week for mining stocks.

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The price of gold holding above $4,000 and silver reaching an all time high kept the price of most producing precious metal mining companies near their recent highs. Some Australian companies lost around 5% in Friday trading due to a fall in the gold price, only for that to reverse later in the day, benefitting TSX listed stocks.

The price of copper remains around recent highs, and tungsten is still strong due to its military applications.

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My portfolio suffered a bit of pain this past week as some mining stocks, even gold producers, fell away badly after the gold price appeared to top out and fall back.

The late rally past $4,000 will, hopefully, mean a strong day on the ASX on Monday, and that may restore some of the Friday losses on that market. My portfolio was at an all-time high just before the pullback.

I met management from Stallion Uranium and made a small investment afterwards as the company are well funded, have prospective ground in the Athabasca Basin, and have a drill program scheduled to commence in January.

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A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  Pacgold Raises Funds to Acquire The White Dam Gold Mine

  Barton Gold Trading Halt

  G Mining Ventures Secured Financing to Construct Oko West

  Capricorn Metals Confirmed 4 m Ounces of Gold Reserves

  Orla Mining Discovered Potential 2 KM Extension at Musselwhite 

  Pacgold Announced A Transformational Acquisition

  Erdene Resource Development Zuun MRE Update

  Mining Review 5th October 2025

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

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