Barton Gold poised for sustained growth in 2025 as Tarcoola and Tunkillia advance

Barton Gold (ASX: BGD) (OTCQB: BGDFF) is set for a major year of growth after establishing a strong foundation at its Tarcoola and Tunkillia projects.

The aggressive South Australian precious metals explorer is on target to commercialise the historic gold projects after a highly successful 2024 of exploration and corporate activities.

Those successes have come at a time when gold is consistently hitting new highs amid rapidly evolving global geopolitical and financial frameworks.

Groundwork in place

Barton Gold has already moved to take advantage of the high-flying gold market and the groundwork it has put in place with the commencement of an optimised scoping study for Tunkillia that will focus on key cost drivers including comminution, construction and a mining schedule.

The company has also completed a 5,064-metre reverse circulation drilling program at Tunkillia aimed at growing the historic project’s JORC mineral resource estimate (MRE).

At Tarcoola, the company received additional high-grade assays confirming new shallow gold zones adjacent to the existing Perseverance mine pit floor gold resource.

It also built on the promising Tolmer gold system discovery and undertook an approximately 10,500m aircore drilling program.

Matching corporate success

On the corporate front, Barton has added approximately $2.4 million in research and development cash tax refunds from the federal government to its bank balance.

Barton also received a final payment of $775,000 late in 2024 to complete the $5m sale of gold concentrates recovered from a December 2022 cleaning and preservation program at its Central Gawler mill.

The company had previously received a $4.25m provisional payment representing 90% of the consideration in June of that year.

‘Significant momentum’

“Barton enters the 2025 calendar year with significant momentum following key initiatives started during the December quarter,” managing director Alexander Scanlon said.

“We are awaiting the results of Tunkillia growth drilling, which we anticipate will contribute to growth in the Tunkillia block model and the optimised scoping study currently underway.”

“2025 is already shaping up to be a very interesting year [and] we will be keenly focused on opportunities with the potential to demonstrate significant realisable value in both our near- and long-term project platforms.”