Barton Gold Steps Up SA Precious Metals Strategy with Expedited Soil Program at Tolmer
Barton Gold Holdings (ASX: BGD) (OTCQB: BGDFF) continues to advance its aggressive South Australian precious metals plans with an expedited soil geochemistry program completed at the promising Tolmer high-grade silver discovery within the company’s Tarcoola gold project.
The company has collected 380 samples from Tolmer in a soil geochemistry program of approximately 1.9 square kilometres and expects the assay results sometime in September.
Barton has also received strong support received for its proposed Wudinna gold project acquisition.
Expanded Drilling Program
The area tested surrounds the 2,882-metre reverse circulation (RC) drilling program Barton completed at Tolmer during June 2025 to test extensions of mineralisation in all directions.
“We recently expanded our Tolmer ‘silver zone’ drilling by around 50% to cover an approximately 400m by 250m area based, in part, upon further geological surface reconnaissance,” managing director Alexander Scanlon said.
“This program extends that reconnaissance to a broader area of approximately 1,700m by 1,100m to see if we can potentially identify a larger mineralised footprint.”
Significant Silver Zone
Barton identified Tolmer as a high-grade gold discovery in August 2024, before further drilling identified a significant new silver zone of approximately 500m.
In that program, seven discovery holes returned results such as 6m at 4,747 grams per tonne silver from 46m, 14m at 434 g/t silver from 46m, and 4m at 1,417 g/t silver from 9m.
The company used the program to gather a larger amount of data on this area while keeping to the same drilling schedule.
Wudinna Gold Agreement
Meantime, Cobra Resources has called a special meeting to vote on Barton’s recent proposal to acquire the 279,000-ounce Wudinna gold project in South Australia.
The general meeting will take place on 24 July, with the company already receiving strong support for the proposed acquisition.
“We are honoured to receive such a strong early commitment of support from Cobra’s largest shareholders, and note the overwhelmingly positive feedback from Barton’s shareholders, for this mutually beneficial transaction,” Mr Scanlon said.
“Wudinna offers significant optionality to our regional strategies, and we will be pleased to welcome Cobra to our register as we steadily build value across our platform.”