Definitive Feasibility Study Begins for 'Stage 1' Production
Barton Gold Holdings (OTCQB:BGDFF) has initiated a Definitive Feasibility Study (DFS) for 'Stage 1' production at its South Australian Challenger Gold Project. The company's Central Gawler Mill facility is fully permitted and located adjacent to brownfield Challenger mines.
Key highlights include a JORC Mineral Resources Estimate of 313koz Au, with 194koz Au high-grade fresh ore at approximately 3.2 g/t Au. The company plans a two-phase approach: Phase 1 involves reprocessing tailings storage facility materials, while Phase 2 will introduce high-grade fresh ore. Barton is targeting DFS completion by March 2026 and commissioning by the end of 2026.
Barton Gold Holdings (OTCQB:BGDFF) ha avviato uno studio di fattibilità definitivo (DFS) per la produzione di 'Stage 1' presso il Challenger Gold Project nel South Australia. l'impianto Central Gawler Mill è completamente autorizzato e si trova accanto alle miniere Challenger esistenti (brownfield).
Tra i principali dati: Stima delle risorse minerali JORC di 313 koz Au, con 194 koz Au di minerale fresco ad alta gradazione a circa 3,2 g/t Au. L'azienda prevede un approccio in due fasi: la Fase 1 riguarda il reprocessamento dei materiali del deposito di scarti (tailings), mentre la Fase 2 introdurrà minerale fresco ad alta gradazione. Barton punta a completare il DFS entro marzo 2026 e a mettere in esercizio entro la fine del 2026.
Barton Gold Holdings (OTCQB:BGDFF) ha iniciado un Estudio de Factibilidad Definitivo (DFS) para la producción de 'Stage 1' en su Challenger Gold Project en Australia Meridional. La instalación Central Gawler Mill está completamente permitida y se ubica junto a las minas Challenger en terrenos ya desarrollados (brownfield).
Entre los puntos clave se incluye una Estimación de Recursos Minerales JORC de 313 koz Au, con 194 koz Au de mineral fresco de alta ley a aproximadamente 3,2 g/t Au. La empresa planea un enfoque en dos fases: la Fase 1 implica reprocesar materiales del tailings storage facility, mientras que la Fase 2 introducirá mineral fresco de alta ley. Barton apunta a completar el DFS para marzo de 2026 y a la puesta en marcha para finales de 2026.
Barton Gold Holdings (OTCQB:BGDFF)는 남호주 Challenger 골드 프로젝트의 'Stage 1' 생산을 위한 확정적 타당성 연구(DFS)를 시작했습니다. 회사의 Central Gawler Mill 시설은 완전하게 허가되었고, Challenger 기존 광산 옆에 위치해 있습니다.
주요 하이라이트로는 JORC 광물자원 추정치 313koz Au이며, 194koz Au의 고품질 신 광석이 약 3.2 g/t Au로 있습니다. 회사는 두 단계 접근을 계획합니다: 1단계는 테일링스 저장 시설의 물질 재처리, 2단계는 고품질의 신 광석을 도입합니다. Barton은 2026년 3월까지 DFS를 완료하고 2026년 말까지 가동을 목표로 하고 있습니다.
Barton Gold Holdings (OTCQB:BGDFF) a lancé une étude de faisabilité définitive (DFS) pour la production 'Stage 1' sur le Challenger Gold Project dans le nord de l'Australie méridionale. L'unité Central Gawler Mill est entièrement autorisée et est située à proximité des mines Challenger existantes (brownfield).
Parmi les points clés figure une Estimation des ressources minières JORC de 313 koz Au, avec 194 koz Au de minerai frais de haute teneur à environ 3,2 g/t Au. La société prévoit une approche en deux phases : la phase 1 concerne le retraitement des matériaux du tailings storage facility, tandis que la phase 2 introduira du minerai frais de haute teneur. Barton vise à terminer le DFS d'ici mars 2026 et à la mise en service d'ici la fin de 2026.
Barton Gold Holdings (OTCQB:BGDFF) hat eine Definitive Feasibility Study (DFS) für die Produktion der 'Stage 1' am Challenger Gold Project in Südaustralien eingeleitet. Die Central Gawler Mill-Anlage ist vollständig genehmigt und liegt neben den bestehenden Challenger-Minen.
Zu den wichtigsten Highlights gehört eine JORC-Minenressourcen-Schätzung von 313 koz Au, davon 194 koz Au hochgradiger frischer Erz bei etwa 3,2 g/t Au. Das Unternehmen plant einen zweistufigen Ansatz: Phase 1 umfasst die Wiederaufarbeitung von Materialien aus dem Tailings Storage Facility, Phase 2 wird hochgradiges frisches Erz einführen. Barton strebt eine DFS-Abschluss bis März 2026 an und eine Inbetriebnahme bis Ende 2026.
Barton Gold Holdings (OTCQB:BGDFF) أطلقت دراسة جدوى نهائية (DFS) للإنتاج في "Stage 1" من مشروع Challenger للذهب في جنوب أستراليا. منشأة Central Gawler Mill حاصلة على جميع التصاريح وتقع بجوار مناجم Challenger القائمة ضمن الأراضي المطورة سابقاً.
من النقاط البارزة تقدير موارد معادن JORC بمقدار 313 ألف أوقية من الذهب، مع 194 ألف أوقية من خام عالي الجودة من النوع Fresh بمتوسط عيار يقارب 3.2 ج/لتر. تخطط الشركة لاعتماد نهج ذو مرحلتين: المرحلة 1 تتضمن إعادة معالجة مواد منشأة تراكم المخلفات (Tailings), بينما المرحلة 2 ستقدم خاماً عالي الجودة. تسعى Barton لإتمام DFS بحلول مارس 2026 وتشغيل المشروع بنهاية 2026.
Barton Gold Holdings (OTCQB:BGDFF) 已启动“阶段 1”产能的最终可行性研究（DFS），针对其南澳大利亚挑战者金矿项目。公司的Central Gawler Mill设施已完全获批，位于挑战者老矿区邻近。
关键亮点包括JORC 金矿资源评估为 313 千盎司金（Au），其中高品位生熟矿共 194 千盎司，品位约为 3.2 g/t Au。公司计划采取两阶段策略：第一阶段对尾矿库材料进行再加工，第二阶段引入高品位新矿石。Barton 正在把 DFS 目标定在 2026 年 3 月完成，并计划在 2026 年底投产。
- None.
- Production not expected to begin until end of 2026
- Credit financing still under discussion and not secured
Targeting Phase 1 commissioning by the end of 2026
HIGHLIGHTS
Existing fully permitted Central Gawler Mill adjacent to brownfield Challenger mines
Challenger JORC (2012) Mineral Resources Estimate now 313koz Au (10.6Mt @ 0.92 g/t), including 194koz Au (1.87Mt @ 3.23 g/t) in existing open pit and underground mines, where:
Challenger Main Open Pit: 70,000oz Au (0.65Mt @ 3.36 g/t Au);
Challenger West Open pit: 11,600oz Au (0.03Mt @ 10.7 g/t Au);
Challenger Underground (above 215mRL): 89,400oz Au (0.98Mt @ 2.84 g/t Au); and
Challenger Deeps (below 90mRL): 23,000oz Au (0.21Mt @ 3.50 g/t Au).
Historical tailings storage facility with coarse, higher-grade tailings up to 0.6 - 1.0 g/t Au
Evaluating de-risked, two phase transition to operations with initial tailings reprocessing ('Phase 1') followed by the introduction of high-grade (~3 g/t) fresh ore ('Phase 2')
Targeting Phase 1 commissioning by end of 2026; credit finance conversations underway
ADELAIDE, AU / ACCESS Newswire / September 28, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or Company) is pleased to announced that a Definitive Feasibility Study (DFS) has started, targeting 'Stage 1' production utilising the fully permitted Central Gawler Mill (CGM) located at Barton's South Australian Challenger Gold Project (Challenger).
The JORC (2012) Mineral Resource Estimate (MRE) for Challenger was recently upgraded to 313koz Au, including 194koz Au high-grade fresh ore (~3.2 g/t Au) in or adjacent to existing serviceable open pit and underground development, and an historical Tailings Storage Facility 1 (TSF1) containing 56koz Au at a grade of 0.54 g/t Au.2
Barton is targeting March 2026 DFS completion and end of 2026 CGM commissioning, with 'Phase 1' operations reprocessing TSF1 materials, and 'Phase 2' then introducing fresh ore. Altris Pty Ltd (Altris) has been appointed to lead the DFS, with SRK Consulting (Australasia) Pty Ltd (SRK Consulting) completing TSF1 mining studies, Tetra Tech Coffey Pty Ltd (Tetra Tech Coffey) designing a tailings storage lift, and GPA Engineering Pty Ltd (GPA) supporting engineering, metallurgy and process plant design. Technical site visits will begin this week.
Full details are contained in the complete announcement, which can be accessed on the ASX website, the investor section of Barton's website, or directly by clicking here.
Commenting on the start of the Stage 1 DFS, Barton Managing Director Alexander Scanlon said:
"With gold prices at all-time highs and over 300koz Au JORC Resources adjacent to the Central Gawler Mill, the opportunity to leverage our existing infrastructure to operations and cash flow has never been more attractive.
"We are wasting no time pursuing this opportunity, targeting a low-cost and low-risk transition to operations by the end of 2026, the re-rating of Barton's equity to a 'producer' profile, and operating free cash flows to fund our planned regional growth at Tunkillia. We look forward to sharing regular updates during an exciting 18 months ahead."
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 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and
Challenger Gold Project
Tarcoola Gold Project
Tunkillia Gold Project
Wudinna Gold Project
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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 (above 215mRL) | Mr Ian Taylor (Consultant) | AusIMM | Fellow |
Challenger Mineral Resource (below 90mRL) | Mr Dale Sims | AusIMM / AIG | Fellow / Member |
Wudinna Mineral Resource (Clarke Deposit) | Ms Justine Tracey | AusIMM | Member |
Wudinna Mineral Resource (all other Deposits) | Mrs Christine Standing | AusIMM / AIG | Member / 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 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 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.
SOURCE: Barton Gold Holdings Limited
View the original press release on ACCESS Newswire
FAQ
What is Barton Gold's (BGDFF) total JORC Resource estimate at the Challenger Gold Project?
When does Barton Gold plan to start production at the Central Gawler Mill?
What are the two phases of Barton Gold's production plan?
What is the grade of gold in Barton Gold's Challenger West Open pit?
When will the Definitive Feasibility Study (DFS) for Barton Gold's Stage 1 production be completed?
