Barton Gold Holdings (ASX: BGD) (OTCQB: BGDFF) has obtained further significant hits from its Tolmer silver find, which the company discovered earlier this year as part of its exploration of the Tarcoola gold project.
Highlighted by a silver return of 6 metres at 4,747 grams per tonne from a depth of just 46m, the Tolmer discovery hole was the 5th-highest-grade silver intersection reported globally during the first half of the year.
Recent drilling has returned high-grade intersections including 2,240g/t silver and 51.2g/t gold in an area named the ‘Western Silver Zone’, further highlighting Tolmer’s potential.
Growing Gold Resource
Adding significant value to the silver at Tolmer is the identification of a growing gold source there in the company’s recent 2,882m reverse circulation drilling campaign.
Barton’s re-testing of the March silver discovery hole at Tolmer returned a gold hit of 4m at 13.2g/t from 48m including 1m @ 51.2g/t from 48m.
Notably the intersection, which also included a silver reading of up to 117g/t, was the first such intersection in a fresh rock zone.
The new assays have extended the shallow, broad ‘upper horizon’ of silver (approximately 100g/t) in the ‘oxide zone’, extended the ‘transitional / lower horizon’ of high-grade (ranging between 200 and 4,750g/t) silver, and added broad intervals of high-grade gold alongside the silver in the ‘lower horizon’,
Broad High-Grade Extensions
“The emergence of broad, high-grade gold alongside extensions of broad, high-grade silver is another exciting twist in the early days of the Tolmer story,” managing director Alexander Scanlon said.
Barton’s focus at Tolmer will include searching for the prospective origin and nature of the underlying mineral system, which now spans a highly enriched mineralised footprint estimated to be more than 1.5km wide.
As part of that search, Barton is now awaiting results from the sampling program it conducted in July across approximately 1.9 sq km surrounding Tolmer.
In the meantime, the company is on target to commence diamond drilling next week aimed at investigating local structural controls and identifying future exploration targets.
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