on Barton Gold Holdings Limited (isin : AU0000153215)
Barton Gold Expands Tunkillia Resources to 1.6Moz Gold and 3.1Moz Silver
Barton Gold Holdings Limited has announced a notable update for its Tunkillia Gold Project in South Australia, increasing its gold resources to 1.6 million ounces and formally classifying 3.1 million ounces of silver. The expansion follows approximately 5,000 meters of reverse circulation drilling, which extended the previous Mineral Resource Estimates (MRE) block models.
Managing Director Alexander Scanlon highlighted the significance of further mineralisation beyond existing models, with silver classified as a subset of the gold resource. These developments, alongside improvements in comminution modelling, are anticipated to enhance the economic viability of the upcoming Optimised Scoping Study.
Barton Gold, listed on the ASX, OTCQB, and Frankfurt Stock Exchange, targets future annual gold production of 150,000 ounces. The company fully owns the only gold mill in the Gawler Craton region, supporting local exploration and development.
R. P.
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