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

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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

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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 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