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.

 

 

 

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	Barton Gold	ASX: BGD
	Stage	Production, development
	Metals	Gold
	Market Cap	A$279 Million   @A$1.03
	Location	South Australia
	Website	www.bartongold.com.au

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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.”

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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

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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	Barton Gold	ASX: BGD
	Stage	Production, development
	Metals	Gold
	Market Cap	A$219 Million   @A$0.92
	Location	South Australia
	Website	www.bartongold.com.au

 

 

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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 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.

 

 

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	Barton Gold	ASX: BGD
	Stage	Production, development
	Metals	Gold
	Market Cap	A$329 Million   @A$1.30
	Location	South Australia
	Website	www.bartongold.com.au

 

 

 

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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,

 

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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.”

 

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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 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.

 

 

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	Barton Gold	ASX: BGD
	Stage	Production, development
	Metals	Gold
	Market Cap	A$262 Million   @A$1.10
	Location	South Australia
	Website	www.bartongold.com.au

 

 

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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

.

=======

,

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