sur Barton Gold Holdings Limited (ASX:BGD)
Barton Gold Reveals High-Grade Assays from Tunkillia Project
Barton Gold Holdings Limited has announced promising assay results from its Tunkillia Gold Project in South Australia. The latest assays suggest a potential increase in Tunkillia S1's "Starter Pit" mineralisation grade, targeting a conversion to JORC (2012) "Measured" category. This could enhance project financing options.
The Tunkillia S1 pit is projected to generate $825 million in operating profit within the first year, with an average gold grade of 1.19 g/t. Recent drilling highlights include high-grade findings such as 14m at 2.78 g/t Au and 28m at 2.60 g/t Au, indicating substantial gold mineralisation.
Further assay results from the Phase 1 drilling are expected to be concluded by January. An updated JORC Mineral Resource Estimate is anticipated by March 2026. These developments are essential for de-risking the project and supporting financing endeavors.
R. H.
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