Barton Gold Completes Tunkillia Upgrade Drilling Phase 2
Key points
- Phase 2 of Tunkillia Resource upgrade drilling complete with 38,760m drilled
- Pre-Feasibility Study (PFS) underway, targeting Q1 CY27 publication
- Initial assays indicate potential for further resource upgrades and economic enhancement
Full summary
Barton Gold Holdings Ltd. has announced the completion of Phase 2 of its Tunkillia Gold Project upgrade drilling, totaling 38,760 meters. This follows Phase 1, which totaled 57,653 meters. The drilling aimed to upgrade mineralisation within the optimised open pits to JORC 'Indicated' category, with some 'S1' pit materials targeted for 'Measured' category. The Pre-Feasibility Study (PFS) for large-scale gold production is currently underway, with results expected in Q1 CY2027. The PFS will build upon the May 2025 Optimised Scoping Study (OSS), which outlined a compelling development for annual production of approximately 120,000oz gold and 260,000oz silver, with a rapid project payback profile.
Guidance
PFS expected Q1 CY2027
Outlook
The company anticipates that the PFS will further enhance Tunkillia's already robust economics by potentially adding new gold and silver ounces within the existing open pit outlines.
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