Barton Gold's Tunkillia Project Advances with Optimised Scoping Study

Barton Gold Holdings Limited has announced enhanced results from its Optimised Scoping Study for the Tunkillia Gold Project. The study projects $2.7 billion in operating cash and a net present value (NPV) of $1.4 billion. The project expects a 73% internal rate of return (IRR) with a one-year payback period. The “Starter Pit” alone could generate $825 million from 206,000 ounces of gold in approximately 1.1 years.

The Tunkillia project boasts 1.6 million ounces of gold and 3.1 million ounces of silver JORC Mineral Resources. The study envisions a competitive operation producing about 120,000 ounces of gold and 250,000 ounces of silver annually. As the sole owner of the region’s gold mill, Barton strengthens its strategic position in South Australia's Gawler Craton.