Barton Gold (ASX: BGD) managing director Alexander Scanlon joins Small Caps to discuss the company’s recent exploration success at its historic Tunkillia and Tarcoola gold projects in South Australia.
The company’s exploration activities at Tunkillia have led to a significant 20% increase in the gold project JORC Mineral Resource Estimate (MRE) to 1.38 million ounces.
That followed a 15,200m drilling campaign which has added around 224,000 ounces of gold at the main 223 Deposit and the 223 North satellite gold zone for an estimated ‘all in’ cost of around $16 per new ounce.
The total Tunkillia mineral resources now stands at 1.38 million ounces of gold contained within an ore body of 46.3 million tonnes at 0.93 grams per tonne gold.
This is the second time that Barton has grown the Tunkillia project’s JORC resources during 2023.
Barton has also identified significant upside at its Tarcoola project through a recently completed drilling program in the mine's open pit area.
That program concluded the company's aggressive campaign of field operations for 2023, with 2024 drilling anticipated to start in March.
Articles:
https://smallcaps.com.au/barton-gold-adds-20-percent-tunkillia-project-three-new-zones/
https://smallcaps.com.au/barton-gold-busy-new-drilling-campaign-tarcoola-perseverance-open-pit/
https://smallcaps.com.au/tunkillia-poised-growth-barton-gold-wraps-up-drilling-program/
For more information on Barton Gold:
https://smallcaps.com.au/stocks/asx-bgd/