Barton Gold Receives $520,000 R&D Tax Refund

Barton Gold Holdings Limited has announced the receipt of a $520,000 cash refund under the Australian Federal Government's R&D Tax Incentive Program. This refund pertains to the R&D activities carried out for the fiscal year ending June 30, 2025. Following this financial boost, Barton's cash balance, excluding funds secured for rehabilitation bank guarantees, stands at approximately $13.5 million.

The company has been actively engaged in numerous R&D programs in South Australia, focusing on exploring new methodologies and developing geological models. These efforts are concentrated around the Tarcoola and Tunkillia Gold Projects. Barton's innovative approach includes trialling various technologies, some of which are expected to conclude by 2027.

This program, alongside funding from the South Australian Government's Accelerated Discovery Initiative, has accelerated exploration activities and technical advancements. Notably, it helped validate new predictive models and led to significant mineral discoveries at Tarcoola, with gold and silver grades peaking at 83.6g/t Au and 17,600g/t Ag.