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About Barton Gold Holdings Limited (BGDFF)
Barton Gold Holdings Limited (OTCQB: BGDFF) is a vertically integrated Australian gold exploration and development company strategically focused on unlocking the mineral potential of South Australia's renowned Gawler Craton. Listed on the ASX, OTCQB, and Frankfurt Stock Exchange, Barton Gold is advancing a portfolio of advanced exploration projects and brownfield mines, supported by 100% ownership of the only regional gold processing mill in the Central Gawler Craton.
Core Operations and Strategic Assets
Barton Gold's core operations revolve around its two flagship projects: the Tarcoola Gold Project and the Tunkillia Gold Project. Together, these assets boast a combined JORC Mineral Resource of approximately 1.6 million ounces of gold, positioning the company as a significant player in the Australian gold sector.
- Tarcoola Gold Project: A brownfield open-pit mine with high-grade mineralization, Tarcoola benefits from proximity to Barton's processing infrastructure. Recent discoveries, including the high-grade 'Tolmer' gold and silver system, underscore its untapped potential.
- Tunkillia Gold Project: Hosting 1.5 million ounces in JORC Mineral Resources, this project is one of South Australia's largest undeveloped gold assets. A recent scoping study outlined a competitive large-scale operation targeting annual production of approximately 130,000 ounces of gold.
Supporting these projects is Barton's Central Gawler Mill, a 650,000-tonne-per-annum CIP processing plant. This facility provides a strategic advantage by reducing transportation costs and enabling streamlined gold production.
Exploration and Growth Potential
Barton Gold is actively exploring the vast potential of the Gawler Craton through innovative geological modeling and advanced drilling programs. Recent successes include the discovery of new gold zones at Tarcoola and Tunkillia, as well as high-grade silver assays at the Tolmer prospect. These findings highlight the scalability of Barton's resource base and its commitment to long-term growth.
Competitive Positioning
Barton Gold differentiates itself through its integrated approach, combining exploration, development, and processing under one corporate umbrella. The company's strategic focus on high-grade, scalable assets and its ownership of critical infrastructure like the Central Gawler Mill provide a competitive edge in a cost-sensitive industry. Additionally, Barton leverages government support through programs like the R&D Tax Incentive and the Accelerated Discovery Initiative, accelerating its exploration and development efforts.
Commitment to Sustainability
As a responsible mining company, Barton Gold prioritizes environmental stewardship and community engagement. Its projects operate under rigorous regulatory frameworks, ensuring sustainable development practices and alignment with stakeholder interests.
Market Significance
With a targeted annual gold production of 150,000 ounces and a robust resource base, Barton Gold is well-positioned to capitalize on the growing demand for gold as a safe-haven asset. Its focus on operational efficiency, resource expansion, and strategic asset utilization underscores its potential as a key contributor to Australia's gold mining industry.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has reported a change in director Kenneth Williams' shareholding. On October 30, 2024, Williams acquired 330,000 fully paid ordinary shares at $0.2907 per share through an on-market trade. The shares are held indirectly through HSBC Custody Nominees for Henri Investments Pty ATF Balmoral Investments Super Fund. Williams maintains his previous holdings of various unlisted options, including 750,000 options exercisable at $0.375 until March 15, 2025, and several nil-consideration options with different expiry dates through July 2027.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has initiated a major regional exploration drilling program at its Tarcoola Gold Project in South Australia. The program includes:
- ~10,000m of aircore (AC) drilling along the Lake Labyrinth Shear Zone (LLSZ)
- Targeting large-scale alteration along strike from Indiana Resources' high-grade Minos Project
- Drilling spaced at 0.5-1km intervals over a 10km long section of the LLSZ
This program follows recent developments at Barton's projects, including:
- Upgraded JORC Resources at Perseverance Mine
- Discovery of a new high-grade 'Tolmer' gold zone in Tarcoola's western area
- Outlined a 130,000ozpa gold operation at the neighbouring Tunkillia Gold Project
The company aims to unlock the scale potential of its strategic asset package by exploring previously untested sections of major regional structures known to host gold.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has announced high-grade gold assays from follow-up drilling at the Tarcoola Gold Project's Perseverance Mine. The drilling, conducted in July 2024, confirmed new adjacent zones of shallow pit floor gold mineralization, with key high-grade assays including:
- 25m @ 5.94 g/t Au from 11m (including 1m @ 23.8 g/t Au)
- 4m @ 10.4 g/t Au from 32m (including 1m @ 34.4 g/t Au)
- 6m @ 6.17 g/t Au from 39m (including 2m @ 13.4 g/t Au)
- 5m @ 6.07 g/t Au from 99m (including 1m @ 28.3 g/t Au)
- 7m @ 9.63 g/t Au from 67m (including 2m @ 28.0 g/t Au)
The new mineralization is located east of the July 2024 JORC Mineral Resource Estimate (MRE) block model and is expected to increase the total recoverable gold ounces. Barton is reviewing modeled, unclassified extensions for potential follow-up drilling.
Barton Gold Holdings (ASX:BGD) has released its Annual Report for the year ended 30 June 2024 to the market. The company, based in Adelaide, Australia, made this announcement on September 23, 2024. The release of the annual report is a significant event for shareholders and investors, providing comprehensive information about the company's financial performance and operations over the past fiscal year.
The announcement was authorized by the Managing Director of Barton Gold Holdings . For further information, interested parties can contact Alexander Scanlon, the Managing Director, or Shannon Coates, the Company Secretary, using the provided contact details.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) has announced its Annual General Meeting will be held on Thursday, 28 November 2024 at 1:00pm (AWST) / 3:30pm (ACDT) / 4:00pm (AEDT). The meeting will take place at the Hilton Adelaide, Balcony Room 4, 233 Victoria Square, Adelaide SA 5000.
The company has advised that valid nominations for the position of director must be received by 5:00pm (AWST) Wednesday, 25 September 2024, at least 45 business days before the AGM date. Nominations should be provided to the company's registered office, as per the Company's Constitution. This notice is given in accordance with ASX Listing Rules 14.3 and 3.13.1.
Barton Gold Holdings (ASX:BGD, FRA:BGD3, OTCQB:BGDFF) has announced that it will be presenting at the Beaver Creek Precious Metals Summit today. The company has attached a presentation that will be delivered at the event. This summit is a significant gathering in the precious metals industry, providing Barton Gold with an opportunity to showcase its projects and strategies to potential investors and industry peers.
The presentation has been authorized by the Managing Director of Barton Gold Holdings For further information, interested parties can contact Alexander Scanlon, the Managing Director, or Shannon Coates, the Company Secretary.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has announced a live webinar hosted by Sharewise on August 12, 2024, to discuss the results of a preliminary Scoping Study at the Tunkillia Gold Project. The study outlines a prospective 5Mtpa bulk open pit mining and processing project with:
- Average annual production of ~130koz Au at an AISC of A$1,917/oz
- A high-grade 'Starter' pit producing ~181,000 oz gold and 420,000 oz silver in the first 18 months
- NPV7.5% of ~A$512m, 40% IRR, and 1.9-year payback period (unlevered, pre-tax)
Barton's MD, Alexander Scanlon, expressed excitement about the project's potential and plans to optimize the Scoping Study over the next 12 months. With over A$10m in cash, the company is well-positioned to advance its strategy.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has announced a live webinar hosted by Sharewise to discuss the results of a preliminary Scoping Study at the Tunkillia Gold Project. The study outlines a prospective 5Mtpa bulk open pit mining and processing project with:
- Average annual production of ~130koz Au at an AISC of A$1,917/oz
- A high-grade 'Starter' pit producing ~181,000 oz payable gold and 420,000 oz payable silver in the first 18 months
- NPV7.5% of ~A$512m, 40% IRR, and 1.9-year payback period (unlevered, pre-tax)
The webinar, scheduled for August 12, 2024, will feature Barton MD Alex Scanlon discussing the study results and ongoing corporate activities. With over A$10m in cash, Barton is well-positioned to advance its strategy and optimize the Tunkillia project.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has completed its drilling program near the Tarcoola Gold Project's Perseverance open pit mine. The program included 9,052m of reverse circulation (RC) drilling across 44 days, testing multiple regional targets. Additionally, 882m of RC drilling was conducted in 10 holes targeting shallow open pit mineralisation, following a recent JORC Mineral Resource Estimate (MRE) of ~20koz Au @ ~2 g/t Au in the Perseverance pit floor.
The drilling focused on interpreted structural targets near the Perseverance mine, including Mining Lease 6455 and key targets on Exploration License 6210. Managing Director Alexander Scanlon highlighted the potential value of discovering a 'Perseverance repeat' and the opportunity to expand the open pit Resource, leveraging their existing fully permitted mill.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) announces a live webinar on July 23, 2024, to present results of a preliminary Scoping Study for the Tunkillia Gold Project. The study outlines a 5Mtpa bulk open pit mining and processing project with a 6.4-year life-of-mine, producing ~833,000 oz payable gold and 1,993,000 oz payable silver. Key highlights include:
- Average annual production: ~130,000 oz gold, ~311,000 oz silver
- AISC: ~A$1,917/oz gold (net of silver credits)
- Average operating cashflow: ~A$1,626/oz gold
- NPV7.5%: ~A$512m, 40% IRR, 1.9-year payback period
The project features a high-grade 'Starter' pit producing ~181,000 oz gold in the first 18 months. Barton's MD, Alexander Scanlon, emphasizes the company's progress in growing Tunkillia to a 1.5Moz Au JORC Resource and plans for further optimization.
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