Depth Extension Confirmed at Tunkillia Project’s 223 Deposit
Barton Gold Holdings (ASX:BGD) has announced new RC definition drilling results from its Tunkillia Gold Project in South Australia. The company has discovered broad new mineralisation below the pit floor that was modelled in their July 2024 Initial Scoping Study.
Key intersections include 10m @ 2.72 g/t Au from 144m and 20m @ 0.93 g/t Au from 339m depth. Notable high-grade results feature 2m @ 8.92g/t Au from 24m and 5m @ 9.75g/t Au from 128m. The previous maximum open pit depth was 256m, which now has potential for expansion.
The company is currently conducting an Optimised Scoping Study with technical specialists reviewing comminution design, energy consumption, mine design and scheduling, aiming to optimize capital and operating costs for long-term value.
Barton Gold Holdings (ASX:BGD) ha annunciato i nuovi risultati di perforazione di definizione RC dal suo progetto Tunkillia Gold in Australia Meridionale. L'azienda ha scoperto una nuova mineralizzazione estesa al di sotto del fondo della miniera, modellata nel loro studio preliminare di valutazione di luglio 2024.
Le intersezioni chiave includono 10m @ 2,72 g/t Au da 144m e 20m @ 0,93 g/t Au da una profondità di 339m. I risultati notevoli di alta qualità includono 2m @ 8,92g/t Au da 24m e 5m @ 9,75g/t Au da 128m. La precedente profondità massima della miniera a cielo aperto era di 256m, che ora ha potenziale per un'espansione.
L'azienda sta attualmente conducendo uno Studio di Valutazione Ottimizzato con specialisti tecnici che esaminano il design della frantumazione, il consumo energetico, il design della miniera e la programmazione, con l'obiettivo di ottimizzare i costi di capitale e di esercizio per un valore a lungo termine.
Barton Gold Holdings (ASX:BGD) ha anunciado nuevos resultados de perforación de definición RC de su proyecto Tunkillia Gold en Australia del Sur. La compañía ha descubierto nueva mineralización amplia por debajo del fondo de la mina que fue modelada en su Estudio Preliminar de Evaluación de julio de 2024.
Las intersecciones clave incluyen 10m @ 2,72 g/t Au a 144m y 20m @ 0,93 g/t Au a 339m de profundidad. Los resultados destacados de alta ley incluyen 2m @ 8,92g/t Au a 24m y 5m @ 9,75g/t Au a 128m. La profundidad máxima previa de la mina a cielo abierto era de 256m, que ahora tiene potencial para expansión.
La compañía está llevando a cabo actualmente un Estudio de Evaluación Optimizado con especialistas técnicos revisando el diseño de conminución, el consumo de energía, el diseño de la mina y la programación, con el objetivo de optimizar los costos de capital y operativos para un valor a largo plazo.
바튼 골드 홀딩스 (ASX:BGD)는 남호주 튼킬리아 골드 프로젝트에서 새로운 RC 정의 굴착 결과를 발표했습니다. 회사는 2024년 7월 초기 스코핑 연구에서 모델링된 채굴 바닥 아래에서 넓은 새로운 광물화를 발견했습니다.
주요 교차점에는 144m에서 2.72g/t Au의 10m와 339m 깊이에서 0.93g/t Au의 20m가 포함됩니다. 주목할 만한 고급 결과는 24m에서 8.92g/t Au의 2m와 128m에서 9.75g/t Au의 5m가 포함됩니다. 이전 최대 개방 광산 깊이는 256m였으며, 이제 확장 가능성이 있습니다.
회사는 현재 기술 전문가가 분쇄 설계, 에너지 소비, 광산 설계 및 일정을 검토하는 최적화된 스코핑 연구를 수행 중이며, 장기 가치를 위한 자본 및 운영 비용 최적화를 목표로 하고 있습니다.
Barton Gold Holdings (ASX:BGD) a annoncé de nouveaux résultats de forage RC de définition de son projet Tunkillia Gold en Australie-Méridionale. La société a découvert une nouvelle minéralisation étendue sous le fond de la mine, qui a été modélisée dans leur étude préliminaire de faisabilité de juillet 2024.
Les intersections clés comprennent 10m @ 2,72 g/t Au à partir de 144m et 20m @ 0,93 g/t Au à partir de 339m de profondeur. Les résultats remarquables de haute qualité incluent 2m @ 8,92g/t Au à partir de 24m et 5m @ 9,75g/t Au à partir de 128m. La profondeur maximale précédente de la mine à ciel ouvert était de 256m, qui a maintenant un potentiel d'expansion.
La société mène actuellement une étude de faisabilité optimisée avec des spécialistes techniques examinant la conception de la fragmentation, la consommation d'énergie, la conception de la mine et la planification, dans le but d'optimiser les coûts d'investissement et d'exploitation pour une valeur à long terme.
Barton Gold Holdings (ASX:BGD) hat neue Ergebnisse der RC-Definitionsbohrungen aus seinem Tunkillia Gold-Projekt in Südaustralien bekannt gegeben. Das Unternehmen hat eine breite neue Mineralisierung unterhalb des Schachtbodens entdeckt, die in ihrer ersten Machbarkeitsstudie im Juli 2024 modelliert wurde.
Wichtige Schnittpunkte sind 10m @ 2,72 g/t Au in 144m und 20m @ 0,93 g/t Au in 339m Tiefe. Bemerkenswerte Hochgrad-Ergebnisse umfassen 2m @ 8,92g/t Au in 24m und 5m @ 9,75g/t Au in 128m. Die bisherige maximale Tiefe der Tagebaugrube betrug 256m, die jetzt Potenzial zur Erweiterung hat.
Das Unternehmen führt derzeit eine optimierte Machbarkeitsstudie durch, bei der technische Spezialisten das Zerkleinerungsdesign, den Energieverbrauch, die Bergbauplanung und die Terminierung überprüfen, mit dem Ziel, die Kapital- und Betriebskosten für einen langfristigen Wert zu optimieren.
- Discovery of broad new gold mineralization below current pit floor
- High-grade intersections including 2m @ 8.92g/t Au and 5m @ 9.75g/t Au
- Potential for pit depth expansion beyond current 256m limit
- None.
Broad mineralisation intersected 50 - 100m below modelled pit floor
ADELAIDE, AUSTRALIA / ACCESS Newswire / February 9, 2025 / Barton Gold Holdings Limited (ASX:BGD) (Barton or the Company) is pleased to announce new RC definition drilling results for its South Australian Tunkillia Gold Project (Tunkillia).
Broad new mineralisation has been intersected below the pit floor modelled in Tunkillia's July 2024 Initial Scoping Study, including 10m @ 2.72 g/t Au from 144m and 20m @ 0.93 g/t Au from 339m depth.
Key new intersections from this drilling include:
Hole ID | Interval | Including: |
TKB0237 TKB0239 TKB0235 TKB0240 TKB0234 TKB0241 TKB0242 | 2m @ 8.92g/t Au from 24m 5m @ 9.75g/t Au from 128m 10m @ 2.72g/t Au from 144m* 6m @ 3.13g/t Au from 148m 17m @ 0.89g/t Au from 179m* 19m @ 0.84 g/t Au from 262m* 20m @ 0.93g/t Au from 339m* | 1m @ 17.1g/t Au [24m] 1m @ 37.5g/t Au [129m] 2m @ 8.2g/t Au [148m] 2m @ 6.35g/t Au [149m] 1m @ 2.42g/t Au [187m] & 1m @ 1.94g/t Au [190m] 3m @ 2.5 g/t Au [274m] & 1m @ 2.3 g/t Au [278m] 1m @ 2.31g/t Au [346m] & 1m @ 3.21g/t Au [351m] |
Table 1 - Significant intersections (>15gm Au) from RC 2024 drilling (* = below 2024 optimised pit)
A complete list of significant intersections is presented in the JORC Table 3 , attached to the full document of this announcement to the Australian Securities Exchange (ASX).
A copy of this presentation can be accessed on the ASX website, the investor section of Barton's website, or directly by clicking here.
Commenting on the latest Tunkillia drilling results, Barton MD Alexander Scanlon said:
"We are pleased to confirm further extensions of Tunkillia mineralisation below the ‘Main Pit' floor modelled in our July 2024 Initial Scoping Study. The maximum open pit depth was 256m, which now has potential to grow. Our Optimised Scoping Study is underway with multiple technical specialists engaged to review key aspects of comminution design, energy consumption, mine design and scheduling, with the goal to materially optimise capital and operating costs for long-term value. We look forward to sharing the results as soon as possible."
Authorised by the Managing Director of Barton Gold Holdings Limited.
For further information, please contact:
Alexander Scanlon | Jade Cook |
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About Barton Gold
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000oz annually, with ~1.6Moz Au JORC Mineral Resources (52.3Mt @ 0.94 g/t Au), multiple advanced exploration projects and brownfield mines, and
Tarcoola Gold Project
Tunkillia Gold Project*
Infrastructure
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Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity | Competent Person | Membership | Status |
Tarcoola Mineral Resource (Stockpiles) | Dr Andrew Fowler (Consultant) | AusIMM | Member |
Tarcoola Mineral Resource (Perseverance Mine) | Mr Ian Taylor (Consultant) | AusIMM | Fellow |
Tarcoola Exploration Results (until 15 Nov 2021) | Mr Colin Skidmore (Consultant) | AIG | Member |
Tarcoola Exploration Results (after 15 Nov 2021) | Mr Marc Twining (Employee) | AusIMM | Member |
Tunkillia Exploration Results (until 15 Nov 2021) | Mr Colin Skidmore (Consultant) | AIG | Member |
Tunkillia Exploration Results (after 15 Nov 2021) | Mr Marc Twining (Employee) | AusIMM | Member |
Tunkillia Mineral Resource | Mr Ian Taylor (Consultant) | AusIMM | Fellow |
Challenger Mineral Resource | Mr Dale Sims (Consultant) | AusIMM / AIG | Fellow / Member |
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company's Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company's website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons' findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "expect", "target" and "intend" and statements than an event or result "may", "will", "should", "would", "could", or "might" occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking
*Refer to Barton Prospectus dated 14 May 2021 and ASX announcements dated 4 March and 16 July 2024. Total Barton JORC (2012) Mineral Resources include 833koz Au (26.9Mt @ 0.96 g/t Au) in Indicated and 754koz Au (25.4Mt @ 0.92 g/t Au) in Inferred categories.
SOURCE: Barton Gold Holdings Limited
View the original press release on ACCESS Newswire
FAQ
What are the latest drilling results from Barton Gold's (BGDFF) Tunkillia Project in February 2024?
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