Barton Gold (ASX: BGD)

Announced further notable assays from ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project.

Further broad, shallow high-grade infill assays from Tunkillia’s ‘Starter Pits’ appear to reinforce the theory for new, shallow high-grade mineralisation.

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Tunkillia drilling – Credits Barton Gold

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Barton Gold Tunkillia assays confirm new high-grade mineralised zone

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Barton Gold Holdings Limited (ASX:BGD, OTC:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce further notable assays from ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia).

Further broad, shallow high-grade infill assays from Tunkillia’s ‘Starter Pits’ appear to reinforce the theory for new, shallow high-grade mineralisation targeted by Barton’s ‘Phase 2’ drilling expansion.

This could potentially increase the grade profile of this mineralisation for Tunkillia’s upcoming PFS, with material implications for the project’s already very robust modelled economic returns.

Barton is still waiting for a final batch of ‘Phase 2’ drilling assays. Following receipt, Barton will then prepare comprehensive and representative cross sections for Tunkillia, and progress to gold and silver MRE updates.

.

HIGHLIGHTS

• Latest assays from recent 39,000m ‘Phase 2’ reverse circulation (RC) Resource upgrade drilling further confirm new high-grade mineralisation within shallow area of ‘Starter Pits’, including:
Hole ID Interval Including:
TKB0667 21m @ 3.62 g/t Au from 57m depth 6m @ 7.30 g/t Au from 63m depth
TKB0668 50m @ 1.45 g/t Au from 62m depth 3m @ 5.32 g/t Au from 65m depth
TKB0674 4m @ 3.80 g/t Au from 61m depth, and
11m @ 8.73 g/t Au from 68m depth
1m @ 8.90 g/t Au from 61m depth
2m @ 36.9 g/t Au from 71m depth
• Final assays pending, followed by updated gold and silver JORC Mineral Resource Estimates (MRE)

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Barton MD Director Alexander Scanlon Commented,

“Tunkillia’s infill drilling assays continue to surprise to the upside, with the latest results providing further support for a new ‘bonus’ zone of high-grade mineralisation sitting on top of that already modelled in the high-value ‘Starter Pits’.

 

“We are advancing Tunkillia through pre-development programs as quickly as possible, following recent Government approval of its environmental Scoping Report as a first step in its Mining Lease application processes.

 

“We look forward to completing gold and silver Mineral Resources updates, our PFS, and a Mining Lease application in the near future.”

.

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

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 6th September 2026

Barton Gold, Catalyst Metals, and Omai Gold released high-grade drilling results.

Initiated coverage of Corazon Mining.

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City Investors Circle Mining Review 6th September 2026

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Mining Review 6th September 2026

Barton Gold, Catalyst Metals, and Omai Gold released high-grade drilling results.

Initiated coverage of Corazon Mining.

+++++++

Full access to this week’s news stories can be found by clicking the links below,

 Catalyst Metals Successful infill drilling at Cinnamon

  Barton Gold Tunkillia drilling confirms new high-grade mineralisation

  Corazon Defines Chalice Exploration Target’s Growth Potential

  Omai Gold Drilled 5.12 g/t Au over 40.5m at Wenot

  Market Review for August 2026 published

  Initiating Coverage of Corazon Mining

  Mining Review 30th August 2026

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

.

Barton Gold (ASX: BGD)

Announced further assays from ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project.

These include broad, high-grade assays in shallow areas of Tunkillia’s ‘Starter Pits’, supporting potential to extend total Tunkillia mineralisation and increase JORC Mineral Resources.

.

Tunkillia drilling – Credits Barton Gold

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.

Barton Gold Tunkillia infill drilling confirms new high-grade mineralisation
within shallow zone of existing high-value ‘Starter Pit’ outlines

Gold & silver Resource upgrades pending, PFS on track for Q1 CY27

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

These include broad, high-grade assays in shallow areas of Tunkillia’s ‘Starter Pits’, supporting potential to extend total Tunkillia mineralisation, increase JORC Mineral Resources within existing May 2025 OSS optimised pit outlines, and increase the grade profile of this mineralisation in Tunkillia’s upcoming PFS.

A final batch of ‘Phase 2’ Resource upgrade drilling assays is expected to be reported shortly. After all results have been received Barton will then prepare comprehensive and representative cross sections of assay results.

HIGHLIGHTS

• Latest assays from 39,000m ‘Phase 2’ reverse circulation (RC) Resource upgrade drilling yield significant high-grade mineralisation in shallow area of ‘Starter Pits’, including:
Hole ID Interval Including:
TKB0639 6m @ 6.61 g/t Au from 70m depth 1m @ 32.4 g/t Au from 73m depth
TKB0642 6m @ 2.95 g/t Au from 63m depth 2m @ 6.20 g/t Au from 63m depth
TKB0651 11m @ 2.87 g/t Au from 79m depth 1m @ 10.6 g/t Au from 88m depth

• Final ‘Phase 2’ assays pending, with JORC Mineral Resource updates for gold and silver to follow

Barton Managing Director Alexander Scanlon said:

“Tunkillia’s ‘Phase 2’ drilling was expanded after early analysis of infill assays identified a potential new domain of high-grade mineralisation within its ‘Starter Pit’ outlines.

 

“These ‘S1’ and ‘S2’ pits drive Tunkillia’s robust economics, and are modelled to yield a A$1.8bn operating profit during the first 2.5 years alone at current gold and silver prices.

“Given that the average grade driving these economics in the ‘Starter Pits’ is 1.05 g/t Au, the new assays are exceptional. Such mineralisation could materially boost Tunkillia’s already remarkable early operating economics.

 

“We are very much looking forward to the balance of outstanding assay results, the majority of which are targeting this potential.

 

“We expect to report one final batch of assays shortly, and look forward to sharing Mineral Resources upgrades for both gold and silver in the coming months before completing our PFS and submitting our Mining Lease application.”

.

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

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 23rd August 2026

What a week that was! A whopping 5% increase in the price of gold, and all courtesy of the US Treasury effectively running QE via the back door!

AIC Mines, Barton Gold, Capricorn Metals, and Lahontan Gold all announced discoveries or increased mineral resources.

City Investors Circle Mining Review 23rd August 2026

What a week that was!

A whopping 5% increase in the price of gold, and all courtesy of the US Treasury effectively running QE via the back door!

Silver (5%), and platinum (6%) tagged along for the ride.

This resulted in some strong share price increases amongst our watchlist portfolio of mining stocks.

+++++++

AIC Mines, Barton Gold, Capricorn Metals, and Lahontan Gold all announced discoveries or increased mineral resources.

Barton Gold  (ASX: BGD)

Announced further shallow, broad and high-grade assays at its South Australian Tolmer Silver discovery. 

Tolmer is located at its Tarcoola Gold Project , where during 2025 Barton announced one of Australia’s highest-grade modern silver discoveries with an intersection of 6m @ 4,747 g/t Ag from only 46m depth.

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Barton Gold Extends Tolmer Silver Discovery – Numerous High-Grade Assays 

Multiple new >2,000g-m Ag assays; metallurgical testwork to begin

Barton Gold Holdings Limited (ASX:BGD, OTC:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce further shallow, broad and high-grade assays at its South Australian Tolmer Silver discovery (Tolmer).

Tolmer is located at its Tarcoola Gold Project (Tarcoola), where during 2025 Barton announced one of Australia’s highest-grade modern silver discoveries with an intersection of 6m @ 4,747 g/t Ag from only 46m depth.

These assays have further infilled Tolmer’s shallow, high-grade ‘western silver zone’ mineralisation and extended it to over 500m strike, also yielding broad high-grade intersections in the ‘eastern gold zone’.

HIGHLIGHTS

• Recent 3,677m drilling program targeted infill and extension of high-grade Tolmer silver discovery, after preliminary testwork yielded a high-grade concentrate grading over 100,000 g/t Ag (10% silver)
• New high-grade assays infill Tolmer’s ‘western silver zone’ and extend its strike to over 500m, while also adding broad, high-grade intersections to the ‘eastern gold zone’. These include:
Hole ID Interval Including:
TBM0258 10m @ 399 g/t Ag & 0.55 g/t Au from 56m 4m @ 954 g/t Ag & 1.23 g/t Au from 56m TBM0259 16m @ 120 g/t Ag from 5m, and
16m @ 493 g/t Ag & 0.66 g/t Au from 50m
5m @ 282 g/t Ag from 5m

Commenting on the Tolmer drilling results, Barton MD Alexander Scanlon said:

“Our South Australian Tolmer silver discovery continues to yield broad, high-grade silver assays across an expanding footprint.

 

“With a shallow profile and having produced trial concentrates grading over 100,000 g/t Ag, Tolmer is already hinting at real potential for a low-cost, high-margin operation.

 

“We will share our further analysis in due course.

 

“We are also planning to update our 3.1 million ounce Tunkillia silver Resource, where 58,000m drilling was recently completed to support JORC upgrades, a Pre-Feasibility study, a Mining Lease application and financing discussions.

 

“Barton’s Tolmer and Tunkillia silver assets are emerging as potentially significant contributors to our South Australian precious metals strategy, whether developed as a complement to our regional gold holdings or on a standalone basis.”

.

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

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 21st June 2026

Another week dominated by the US war on Iran, and then the FED’s announcement unsettled the market just as the price of commodities and mining stocks were recovering.

G2 Goldfields’ shareholders approved the acquisition by G Mining Ventures at a SGM.

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City Investors Circle Mining Review 21st June 2026

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Mining Review 21st June 2026 – Another week dominated by the US war on Iran, and then the FED’s announcement unsettled the market just as the price of commodities and mining stocks were recovering.

G2 Goldfields’ shareholders approved the acquisition by G Mining Ventures at a SGM.

Minerals 260 announced early construction and development activities at Bullabulling gold mine in Western Australia.

Full access to this week’s stories can be found by clicking the links below,

Archives

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.

.
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.”

.

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.”

.

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.

+++++++

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.”

.

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.

.

+++++++

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

+++++++

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.

.

.

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

.

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).

.

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.

.
 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.”

.

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.

.

.

City Investors Circle Mining Review 26th April 2026

.

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.

+++++++

 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

.

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

.

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).

.
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.”

.

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.

.

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

.
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

.
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.”

.

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

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

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Challenger Mill – courtesy of Barton Gold

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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

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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.”

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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