AREA 51 CONFIRMS EXPANSIVE GOLD ZONE AT TUNKILLIA

Infill Drilling Strengthens Gold Resource Potential

Barton Gold Holdings Limited (ASX:BGD) has announced drilling results from the Area 51 zone at the Tunkillia Gold Project, reinforcing a large, consistent gold mineralization zone. Key highlights include:

  • Tunkillia’s JORC Resources increased to 1.38Moz Au in December 2023.
  • Recent drilling (~3,450m) infills a ~700m stretch of Area 51, with intersections up to ~50m wide.
  • Notable drill hole TKB175D revealed 44m at 1.81 g/t Au from 64m, including high-grade segments of 6m at 5.85 g/t Au and 1m at 19.95 g/t Au.
  • The findings support a high-grade ‘core’ model for Area 51, aligning with previous drilling results.
  • Analysis is in progress to potentially convert Area 51 into a new JORC Mineral Resource Estimate.
  • Additional pending results for Tunkillia’s SE Offset target and Tarcoola’s Perseverance open pit are expected to further elucidate the site’s gold potential.

Barton’s Managing Director Alex Scanlon commented on the significance of these results:

“These results further validate the expansive potential of Tunkillia’s gold mineralisation. Located ~4km northwest of the 223 Deposit area, Area 51 is the fifth new gold zone we have confirmed within this radius during the past 2 years. Three of these have recently been converted to JORC Resources during December 2023, and we are now reviewing Area 51 for the same potential as we continue to build out the project’s mineralised footprint.”

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