Barton Gold Reports High-Grade Assays from Tunkillia Drilling
Key points
- Tunkillia Phase 2 drilling delivers high-grade gold assays
- Significant intersections include 13m @ 5.01 g/t Au and 3m @ 15.8 g/t Au
- Broadest intersections yield some of the highest grades received to date
- Drilling aims to upgrade mineral resources and complete PFS by Q1 CY27
Full summary
Barton Gold Holdings Limited (ASX: BGD) announces significant high-grade gold assays from its Tunkillia Phase 2 drilling program, with notable intersections such as 13m @ 5.01 g/t Au and 3m @ 15.8 g/t Au from Hole TKB0499. These assays from the southern end of the Area 223 optimized open pit infill the currently modeled mineralization, with the broadest intersections yielding some of the highest grades received to date. The drilling program targets further extensions and higher-grade mineralisation upside. Barton plans to complete the expanded Phase 2 upgrade drilling, followed by Mineral Resources upgrades, the completion of the Pre-Feasibility Study (PFS), and the submission of a Mining Lease application. The PFS is targeted for completion during Q1 CY27.
Guidance
PFS completion targeted for Q1 CY27
Outlook
Barton Gold aims to upgrade mineral resources and complete the Pre-Feasibility Study (PFS) by Q1 CY27, with potential for further high-grade intersections and resource upgrades.
Summary generated by a large language model. Please interpret with care.