Barton Gold Presents Ambitious SA Metals Strategy to Noosa Mining Conference

Attendees at the auspicious Noosa Mining Conference were given a first-hand opportunity to hear of the progress Barton Gold Holdings (ASX: BGD) (OTCQB: BGDFF) is making as it rejuvenates the South Australian precious metals mining scene.

Managing director and chief executive officer Alexander Scanlon today provided those present with an update on Barton’s progress across multiple fronts.

With two significant gold projects at Tunkillia and Tarcoola, a world-scale silver discovery at Tolmer and a critical infrastructure advantage with ownership of the region’s only gold mill, Barton believes it has the “building-blocks” in place to quickly and cheaply move from ‘explorer’ to ‘producer’.

Exploration Success

Barton’s aggressive exploration campaigns over the past few years hunting district scale discoveries have it on target for 150,000 ounces per annum of gold production through the company’s dual track strategy.

A major commercialisation focus for Barton in 2025 will be to accelerate 2026 ‘Stage 1’ operations at its large-scale Tunkillia project, alongside development of the company’s historical high-grade Tarcoola project.

Tarcoola provides significant upside via the Perseverance open pit mine, with Barton currently considering a ‘Stage 1’ feed option to support Tunkillia.

Tolmer Silver Promise

The company is also moving quickly to confirm the potential of its significant Tolmer silver discovery, where it recently completed an expedited soil sampling program over an area of approximately 1.9 square kilometres.

Barton also received a positive preliminary engineering analysis that estimated the capex required for full reinstatement of the company’s Central Gawler Mill (GCM) to its original 600,000 tonnes per annum fresh ore configuration at only $26 million.

This includes upgrades to mill motors, automation and a new pre-leach thickener to improve efficiency.

Studies suggest that use of the mill could deliver significant cost advantages compared to building a new mill or utilising third party toll milling.

New Gold Project

Barton moved to add another key asset to its SA portfolio earlier this month when it agreed to binding terms with Cobra Resources for the acquisition of its 279,000 ounce Wudinna gold project.

Wudinna comprises 22 gold targets with significant grades of between 16g/t and 37.4g/t gold outside of the current 279,000oz resource.

With all ounces occurring within 200 metres of surface, Barton regards the project as a low-cost, high-upside addition to its Tunkillia and Tarcoola developments.