Final Tunkillia Assays Among the Best Infill Results To-Date, with Broad, High-Grade Intersections Throughout 'Starter Pit' Outlines
All Phase 2 assays are now received, with resource remodelling underway ahead of a planned Q1 2027 pre-feasibility study.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Barton Gold Holdings (BGDFF) reported final Phase 2 drilling assays showing gold intersections across starter pit outlines at its Tunkillia project. Results include 53m at 2.51 grams of gold per tonne from 60m depth in TKB0745 and 21m at 4.13 grams per tonne from 61m in TKB0742. TKB0724 returned 26m at 2.79 grams per tonne from 126m, including 1m at 53.5 grams per tonne.
All Phase 2 assays have been received. Phases 1 and 2 comprised 57,653m across 520 holes. Barton is remodelling Tunkillia mineralisation, with a gold resource estimate update pending. The company plans a silver resource update and a pre-feasibility study in Q1 2027, intended to support a mining lease application thereafter.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointTKB0745 returned 53m at 2.51 g/t gold from 60m, including 2m at 18.25 g/t and 1m at 26.3 g/t.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Resource remodelling is underway, with a gold estimate update pending and a silver update planned for Q1 2027.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Pre-feasibility study is targeted for Q1 2027 to support a mining lease application thereafter.
- Minor pointTKB0742 returned 21m at 4.13 g/t gold from 61m, including 2m at 29.9 g/t from 79m.
- Minor pointTKB0724 returned 26m at 2.79 g/t gold from 126m, including 1m at 53.5 g/t from 129m.
5 minor points
- Minor pointTKB0748 returned 14m at 3.80 g/t gold from 67m, including 1m at 8.80 g/t and 2m at 11.0 g/t.
- Minor pointTKB0746 returned 17m at 2.26 g/t gold from 116m, including 1m at 20.7 g/t from 125m.
- Minor pointTKB0737 returned 6m at 3.05 g/t gold from 58m, including 2m at 7.20 g/t from 58m.
- Minor pointTKB0736 returned 2m at 16.75 g/t gold from 56m, including 1m at 32.4 g/t from 56m.
- Minor pointPhase 2 assays are all received, completing results collection for the resource upgrade drilling.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ADELAIDE, AU / ACCESS Newswire / October 6, 2026 / HIGHLIGHTS
- Final assays from recent 39,000m ‘Phase 2' reverse circulation (RC) Resource upgrade drilling confirm multiple new high-grade intersections throughout high-value ‘Starter Pits', including:
| Hole ID | Interval | Including: |
| TKB0724 | 26m @ 2.79 g/t Au from 126m depth | 1m @ 53.5 g/t Au from 129m depth |
| TKB0736 | 2m @ 16.75 g/t Au from 56m depth | 1m @ 32.4 g/t Au from 56m depth |
| TKB0737 | 6m @ 3.05 g/t Au from 58m depth | 2m @ 7.20 g/t Au from 58m depth |
| TKB0742 | 21m @ 4.13 g/t Au from 61m depth | 2m @ 29.9 g/t Au from 79m depth |
| TKB0745 | 53m @ 2.51 g/t Au from 60m depth | 2m @ 18.25 g/t Au from 72m depth, and 1m @ 26.3 g/t Au from 92m depth |
| TKB0746 | 17m @ 2.26 g/t Au from 116m depth | 1m @ 20.7 g/t Au from 125m depth |
| TKB0748 | 14m @ 3.80 g/t Au from 67m depth | 1m @ 8.80 g/t Au from 75m depth, and 2m @ 11.0 g/t Au from 77m depth |
- Updated gold and silver JORC Mineral Resource Estimates (MRE) to follow, with PFS targeted for Q1 CY27 delivery to support Mining Lease application thereafter
Barton Gold Holdings Limited (ASX:BGD)(OTC:BGDFF)(FRA:BGD3) (Barton or Company) is pleased to announce the final assays from ‘Phase 2' upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia).
Broad, high-grade assays continue to infill Tunkillia's ‘Starter Pits', reinforcing the central high-grade zone driving early project economics, and highlighting the potential for new high-grade mineralisation.
A total of 57,653m was drilled across 520 RC and DD holes during ‘Phase 1' and ‘Phase 2' upgrade drilling, with ‘Phase 2' comprising 38,760m across 311 holes. With all ‘Phase 2' assays now received, Barton has prepared representative cross-sections of ‘Phase 2' results for the ‘Area 51', ‘223 North' and ‘Area 223' optimised open pit areas from its May 2025 Optimised Scoping Study (OSS).
Full details can be accessed in the complete announcement on the ASX website or directly by clicking here.
Commenting on the ‘Phase 2' Tunkillia assay results, Barton Managing Director Alexander Scanlon said:
"We are pleased with the results of Tunkillia's ‘Phase 2' infill assays, which support the highest-grade results of ‘Phase 1' drilling and the potential for new, shallower zones of high-grade mineralisation within the existing ‘Starter Pits'.
"We are now remodelling all Tunkillia mineralisation with the benefit of nearly 58,000m additional drilling since last year. A JORC Resources update for gold is pending, and a JORC update for silver and a PFS are planned for Q1 CY27."
Authorised by the Managing Director of Barton Gold Holdings Limited.
For further information, please contact:
| Alexander Scanlon Managing Director a.scanlon@bartongold.com.au +61 425 226 649 | Jade Cook Company Secretary cosec@bartongold.com.au +61 8 9322 1587 |
About Barton Gold
Barton Gold is an ASX, OTC 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, 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. In accordance with ASX Listing Rule 5.19.2, the Company further confirms that the material assumptions underpinning any production targets and the forecast financial information derived therefrom 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Barton Gold's final Tunkillia Phase 2 assays show?
Final assays included 53m at 2.51 g/t gold from 60m depth in TKB0745 and 21m at 4.13 g/t from 61m in TKB0742. The results cover drilling within Tunkillia's starter pit outlines.
When does Barton Gold plan to complete the Tunkillia pre-feasibility study?
Barton targets delivery of the Tunkillia pre-feasibility study in Q1 2027 to support a mining lease application thereafter. A silver resource estimate update is also planned for Q1 2027, while the gold resource estimate update is pending.
How much drilling did Barton Gold complete in Tunkillia Phase 2?
Tunkillia Phase 2 comprised 38,760m across 311 holes. Across Phases 1 and 2, drilling totalled 57,653m across 520 reverse circulation and diamond drilling holes.