Baseline Water Monitoring Program Begins at Tunkillia
Barton Gold Holdings (OTCQB:BGDFF) has initiated baseline water monitoring programs at its Tunkillia Gold Project in South Australia, following its recent Optimised Scoping Study (OSS). The OSS revealed promising projections including average annual production of ~120koz gold and ~250koz silver, with an operating free cashflow of A$2.7 billion at A$5,000/oz gold price.
The project demonstrates strong financial metrics with an NPV of A$1.4 billion, 73% IRR, and 0.8-year payback period. The company recently secured a A$3 million equity placement at a premium to accelerate Reserve conversion drilling for Tunkillia's 'Starter Pit', expected to commence in September 2025. Barton aims to submit a Mining Lease Application by end-2026 and transition to producer status during 2026, targeting 150,000ozpa gold production through a staged development approach.
Barton Gold Holdings (OTCQB:BGDFF) ha avviato programmi di monitoraggio idrico di base presso il suo Progetto Oro Tunkillia in Australia Meridionale, a seguito del recente Studio di Scoping Ottimizzato (OSS). L'OSS ha evidenziato proiezioni promettenti, tra cui una produzione media annua di circa 120.000 once d'oro e 250.000 once d'argento, con un flusso di cassa operativo libero di 2,7 miliardi di dollari australiani al prezzo dell'oro di 5.000 A$/oz.
Il progetto mostra solidi indicatori finanziari con un valore attuale netto (NPV) di 1,4 miliardi di A$, un tasso interno di rendimento (IRR) del 73% e un periodo di recupero di 0,8 anni. La società ha recentemente ottenuto un collocamento azionario da 3 milioni di A$ a premio per accelerare le perforazioni di conversione delle riserve per la 'Starter Pit' di Tunkillia, il cui avvio è previsto per settembre 2025. Barton punta a presentare una domanda di concessione mineraria entro la fine del 2026 e a diventare produttore nel corso del 2026, mirando a una produzione di oro di 150.000 once all'anno attraverso un approccio di sviluppo graduale.
Barton Gold Holdings (OTCQB:BGDFF) ha iniciado programas de monitoreo básico de agua en su Proyecto de Oro Tunkillia en Australia del Sur, tras su reciente Estudio de Alcance Optimizado (OSS). El OSS mostró proyecciones prometedoras que incluyen una producción anual promedio de ~120,000 onzas de oro y ~250,000 onzas de plata, con un flujo de caja operativo libre de 2.7 mil millones de dólares australianos a un precio del oro de 5,000 A$/onza.
El proyecto presenta sólidos indicadores financieros con un VPN de 1.4 mil millones de A$, una TIR del 73% y un período de recuperación de 0.8 años. La compañía aseguró recientemente una colocación de acciones de 3 millones de A$ con prima para acelerar la perforación de conversión de reservas para la 'Starter Pit' de Tunkillia, que se espera comience en septiembre de 2025. Barton apunta a presentar una solicitud de concesión minera a finales de 2026 y a convertirse en productor durante 2026, con una meta de producción de oro de 150,000 onzas por año mediante un enfoque de desarrollo por etapas.
Barton Gold Holdings (OTCQB:BGDFF)는 최근 최적화된 스코핑 연구(OSS)에 이어 남호주에 위치한 Tunkillia 금 프로젝트에서 기초 수질 모니터링 프로그램을 시작했습니다. OSS 결과에 따르면 연평균 약 12만 온스의 금과 약 25만 온스의 은 생산이 예상되며, 금 가격이 온스당 5,000 호주 달러일 때 27억 호주 달러의 영업 자유 현금 흐름을 기록할 것으로 나타났습니다.
이 프로젝트는 14억 호주 달러의 순현재가치(NPV), 73%의 내부수익률(IRR), 0.8년의 투자 회수 기간 등 강력한 재무 지표를 보여줍니다. 회사는 최근 Tunkillia의 'Starter Pit' 예비자원 전환 시추를 가속화하기 위해 프리미엄을 붙여 300만 호주 달러의 주식 배정을 확보했으며, 시추는 2025년 9월에 시작될 예정입니다. Barton은 2026년 말까지 광산 임대 신청을 제출하고 2026년 중 생산자로 전환하는 것을 목표로 하며, 단계적 개발 방식을 통해 연간 15만 온스 금 생산을 목표로 하고 있습니다.
Barton Gold Holdings (OTCQB:BGDFF) a lancé des programmes de surveillance de base de l'eau sur son projet aurifère Tunkillia en Australie-Méridionale, suite à sa récente étude de faisabilité optimisée (OSS). L'OSS a révélé des projections prometteuses, notamment une production annuelle moyenne d'environ 120 000 oz d'or et 250 000 oz d'argent, avec un flux de trésorerie d'exploitation libre de 2,7 milliards de dollars australiens au prix de l'or de 5 000 A$/oz.
Le projet présente de solides indicateurs financiers avec une valeur actuelle nette (VAN) de 1,4 milliard de dollars australiens, un taux de rentabilité interne (TRI) de 73 % et une période de remboursement de 0,8 an. La société a récemment sécurisé un placement en actions de 3 millions de dollars australiens avec prime pour accélérer les forages de conversion des réserves pour la « Starter Pit » de Tunkillia, dont le début est prévu en septembre 2025. Barton vise à soumettre une demande de permis minier d'ici fin 2026 et à devenir producteur au cours de l'année 2026, avec un objectif de production d'or de 150 000 oz par an grâce à une approche de développement par étapes.
Barton Gold Holdings (OTCQB:BGDFF) hat nach seiner jüngsten optimierten Scoping-Studie (OSS) Basis-Wasserüberwachungsprogramme für sein Tunkillia-Goldprojekt in Südaustralien gestartet. Die OSS zeigte vielversprechende Prognosen, darunter eine durchschnittliche Jahresproduktion von etwa 120.000 Unzen Gold und 250.000 Unzen Silber sowie einen operativen freien Cashflow von 2,7 Milliarden AUD bei einem Goldpreis von 5.000 AUD pro Unze.
Das Projekt weist starke finanzielle Kennzahlen auf, mit einem Barwert (NPV) von 1,4 Milliarden AUD, einer internen Rendite (IRR) von 73 % und einer Amortisationsdauer von 0,8 Jahren. Das Unternehmen sicherte sich kürzlich eine Eigenkapitalplatzierung in Höhe von 3 Millionen AUD zu einem Aufschlag, um die Reserveumwandlungsbohrungen für die 'Starter Pit' von Tunkillia zu beschleunigen, die voraussichtlich im September 2025 beginnen werden. Barton plant, bis Ende 2026 einen Bergbaulizenzantrag einzureichen und im Laufe des Jahres 2026 zum Produzenten zu werden, mit dem Ziel einer Goldproduktion von 150.000 Unzen pro Jahr durch einen gestuften Entwicklungsansatz.
- Strong financial metrics with A$2.7 billion operating free cashflow and 73% IRR
- Successful A$3 million equity placement at ~4% premium to last traded price
- Starter pit projected to produce ~206koz Au for A$825m operating free cash in first 13 months
- Strategic staged approach to reach 150,000ozpa gold production with lower dilution risk
- Minimum two-year water monitoring requirement before mining can commence
- Mining Lease Application not expected until end of 2026
- Production start dependent on completion of multiple long-lead programs
Advancement of long lead work programs to support ML Application
HIGHLIGHTS
Recent Tunkillia OSS confirms large-scale gold project yielding
$2.7b n operating cash[1]Barton accelerating key long-lead PFS and Mining Lease Application programs
ADELAIDE, AUSTRALIA / ACCESS Newswire / June 24, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to announce the start of baseline water monitoring programs for its South Australian Tunkillia Gold Project (Tunkillia), following the recent publication of Tunkillia's Optimised Scoping Study (OSS).
The Tunkillia OSS identified a compelling large-scale operation with (at an A
average annual production: ~120koz gold and ~250koz silver
operating free cashflow: A
$2.7 billion Net Present Value (NPV
7.5% ): A$1.4 billion Internal Rate of Return (IRR):
73% Payback period: 0.8 years, and
A 'Starter' pit producing ~206koz Au for A
$825m operating free cash in the first 13 months
Barton recently announced a
The baseline water monitoring program is another key long-lead feasibility and approvals work program, with a minimum of two years' worth of baseline water data required prior to start of mining and production. The new Tunkillia water monitoring program will allow Barton to compare new baseline data with historical baseline data collected during prior analyses of the Tunkillia Gold Project.
Commenting on the start of Tunkillia water monitoring, Barton MD Alexander Scanlon said:
"Tunkillia's Optimised Scoping Study has confirmed a large-scale, competitive gold and silver operation with significant economies of scale offering strong financial and capital leverage to a rapidly evolving gold market.
"During the balance of calendar year 2025 we will focus on key long-lead feasibility and approvals programs for Tunkillia, with the objective to submit a Mining Lease Application prior to the end of calendar year 2026.
"In parallel, we will be completing our studies for 'Stage 1' operations leveraging our Central Gawler Mill, with the objective to transition to 'producer' status during 2026. This will enable us to generate free cash flows, and use these funds to advance and develop Tunkillia as our 'Stage 2' expansion project. This staged approach offers our shareholders a lower-cost, lower-risk and lower-dilution pathway to 150,000ozpa gold production."
Authorised by the Managing Director of Barton Gold Holdings Limited.
For further information, please contact:
Alexander Scanlon | Jade Cook |
About Barton Gold
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 1.7Moz Au & 3.1Moz Ag JORC Mineral Resources (64.0Mt @ 0.83 g/t Au), brownfield mines, and
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity | Competent Person | Membership | Status |
Tarcoola Mineral Resource (Stockpiles) | Dr Andrew Fowler (Consultant) | AusIMM | Member |
Tarcoola Mineral Resource (Perseverance Mine) | Mr Ian Taylor (Consultant) | AusIMM | Fellow |
Tarcoola Exploration Results (until 15 Nov 2021) | Mr Colin Skidmore (Consultant) | AIG | Member |
Tarcoola Exploration Results (after 15 Nov 2021) | Mr Marc Twining (Employee) | AusIMM | Member |
Tunkillia Exploration Results (until 15 Nov 2021) | Mr Colin Skidmore (Consultant) | AIG | Member |
Tunkillia Exploration Results (after 15 Nov 2021) | Mr Marc Twining (Employee) | AusIMM | Member |
Tunkillia Mineral Resource | Mr Ian Taylor (Consultant) | AusIMM | Fellow |
Challenger Mineral Resource | Mr Dale Sims (Consultant) | AusIMM / AIG | Fellow / Member |
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company's Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company's website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons' findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "expect", "target" and "intend" and statements than an event or result "may", "will", "should", "would", "could", or "might" occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
*Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 4 March 2025. Total Barton JORC (2012) Mineral Resources include 909koz Au (30.8Mt @ 0.92 g/t Au) in Indicated category and 799koz Au (33.2Mt @ 0.75 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
[1] Refer to ASX announcement dated 5 May 2025
[2] Refer to ASX announcements dated 27 May and 2 June 2025
SOURCE: Barton Gold Holdings Limited
View the original press release on ACCESS Newswire
FAQ
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