Tunkillia Drilling Reveals Promising High-Grade Gold Mineralisation

Barton Gold Holdings Limited has announced significant results from its 'Phase 2' drilling at Tunkillia, South Australia. Six new drill holes showed promising gold mineralisation, with highlights including TKB0639's 6 meters at 6.61 g/t Au and TKB0703's 24 meters at 4.51 g/t Au. These findings underline the potential to expand Tunkillia's mineral resources and enhance the grade profile of the 'Starter Pits'.

The drilling results are expected to influence the Tunkillia pre-feasibility study scheduled for Q1 2027. Barton is also preparing upgrades to its JORC Mineral Resources, pending final assay results. The newly identified high-grade domain within 'Starter Pits' could significantly impact early profit yields, with projections indicating an operating profit of A$1.8 billion in the first 2.5 years.

These developments reinforce Barton's optimistic outlook for expanding its mineral resource base and enhancing economic returns at current gold and silver prices.