BARTON GOLD ADVANCES TARCOOLA GOLDFIELD DRILLING

Expedited Assays and Promising Results Highlight Exploration Progress

Barton Gold Holdings Limited (ASX: BGD) has provided an update on its ongoing drilling program in the historical Tarcoola Goldfield.

A ~7,000m reverse circulation (RC) drilling program commenced on 14 May 2024 to test new structural targets near the Perseverance Mine. Initial drilling has confirmed high-grade extensions of mineralisation, with grades up to ~12 g/t Au. Key areas of focus include Tolmer, Mulgaithing, and Warburton.

Notable results from the 3,126m RC drilling completed so far include:

  • Warburton: 16m @ 3.4 g/t Au from 4m
  • Perseverance Mine: ~3.8 g/t Au ore (2018)
  • Additional high-grade intercepts identified near Tolmer and Mulgaithing

Barton is utilising Portable PPB’s DetectOre™ technology for in-field applications, with priority samples dispatched for fire assay based on preliminary analyses.

Barton Gold’s Managing Director, Alex Scanlon, commented:

Our exploration team and drilling contractor have done an excellent job so far with this program, maintaining a production rate of over 200 metres per day on average despite the challenges of drilling through quartzites.

We anticipate another 3–4 weeks of drilling will complete this initial ~7,000m test of newly predicted structural targets, with drilling to re-commence after a 2-week break for the drilling and exploration teams.

We have expedited sample dispatch and assays for several hundred metres of this first round of drilling, and our geology team is busy remodelling pit floor mineralisation in the Perseverance Mine. Our objective for Tarcoola this year is a steady flow of drilling, analysis, and follow-up to pursue high-grade mineralisation.

Drilling has been paused for approximately two weeks, after which the program will continue, focusing on further drilling at the Tolmer, Mulgaithing, and Warburton targets.

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