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Further Assays Infill Tunkillia Pit Extension Targets

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Barton Gold (OTCQB:BGDFF) reported further assays from its ~40,000m 'Phase 2' reverse circulation drilling at the Tunkillia Gold Project in South Australia, infilling the Area 223 North and southern main Area 223 optimised open pits. Significant intersections include 29m @ 1.24 g/t Au from 48m (including 4m @ 4.08 g/t Au) and 19m @ 1.34 g/t Au from 149m (including 4m @ 2.85 g/t Au).

The company said Phase 1 and 2 results have infilled the highest value S1/S2 pits and identified broader, higher-grade Area 51 extensions. A Pre-Feasibility Study for Tunkillia, led by GR Engineering, is underway and targeted for completion in Q1 CY27, with Barton anticipating future Mineral Resource upgrades for gold and silver.

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Positive

  • ~40,000m Phase 2 drilling infilling key Area 223 pit extensions at Tunkillia
  • Notable gold intercepts such as 29m @ 1.24 g/t Au from 48m depth
  • PFS underway for Tunkillia, targeting Q1 CY27 completion
  • Large existing resource base of 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources
  • Strategic infrastructure with 100% ownership of the region’s only gold mill

Negative

  • None.

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Phase 2 upgrade drilling nearing completion, with PFS underway

ADELAIDE, AU / ACCESS Newswire / July 29, 2026 / HIGHLIGHTS

  • Latest assays from ~40,000m Tunkillia 'Phase 2' reverse circulation (RC) Resource upgrade drilling infill Area 223 North and southern end of main 'Area 223' optimised open pits

  • Significant new assays include:

Hole ID

Interval

Including:

TKB0597

22m @ 0.93 g/t Au from 44m depth

4m @ 2.82 g/t Au from 44m depth

TKB0618

29m @ 1.24 g/t Au from 48m depth

4m @ 4.08 g/t Au from 51m depth

TKB0621

16m @ 0.84 g/t Au from 183m depth

20m @ 1.24 g/t Au from 205m depth

1m @ 2.65 g/t Au from 189m depth

3m @ 3.87 g/t Au from 218m depth

TKB0622

19m @ 1.34 g/t Au from 149m depth

4m @ 2.85 g/t Au from 156m depth

  • 'Phase 1' and 'Phase 2' assays to-date have infilled highest value S1 / S2 pits (Area 223) and southern Area 223 with high-grade intersections and identified broader and higher-grade Area 51 extensions(1)

  • Tunkillia Pre-Feasibility Study (PFS) underway led by GR Engineering (GRES), targeting Q1 CY27 completion to accommodate expanded drilling and prospective Minerals Resources upside in study(2)

Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or Company) is pleased to announce the further assays from 'Phase 2' upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia). These come from Area 223 North and the southern zone of the main 'Area 223' optimised open pit. These assays include broad intersections which further infill the currently modelled Area 223 mineralisation.

Further assays will continue to be reported from this area in due course, with the recently expanded Tunkillia drilling program targeting further extensions and higher-grade mineralisation upside.(3) After all results have been received Barton will then prepare comprehensive and representative cross sections of assay results.

Full details can be accessed in the complete announcement on the ASX website or directly by clicking here.

Commenting on the new Tunkillia assay results, Barton Managing Director Alexander Scanlon said:

"Tunkillia continues to deliver confirmation of broad mineralisation in key target areas, with assays to-date identifying new and higher-grade mineralisation which supports potential quantity and grade improvements in multiple zones.

"We are nearing completion of expanded 'Phase 2' upgrade drilling programs, with a large number of assays pending. We look forward to completing these programs in the near future, following which we anticipate Mineral Resources upgrades for both gold and silver, the completion of our PFS, and the submission of our Mining Lease application."

1 Refer to ASX announcements dated 2 / 16 December 2025, and 21 January, 16 March, 27 May, 16 June and 6 July 2026
2 Refer to ASX announcement dated 22 June 2026
3 Refer to ASX announcement dated 16 June 2026

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

+61 8 9322 1587

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 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia.*

Challenger Gold Project

  • 313koz Au + fully permitted Central Gawler Mill (CGM)

Tarcoola Gold Project

  • 20koz Au in fully permitted open pit mine near CGM

  • Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag

Tunkillia Gold Project

  • 1.6Moz Au & 3.1Moz Ag JORC Mineral Resources

  • Competitive 120kozpa gold & 250kozpa silver project

Wudinna Gold Project

  • 279koz Au project located southeast of Tunkillia

  • Significant optionality, adjacent to main highway

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

What did Barton Gold (BGDFF) report in the July 29, 2026 Tunkillia drilling update?

Barton Gold reported further Phase 2 RC drilling assays from Tunkillia, infilling Area 223 North and southern Area 223 pits. According to Barton Gold, results confirm broad mineralisation and include several higher-grade gold intersections that support potential quantity and grade improvements in multiple zones.

What are the key gold assay results from Barton Gold’s latest Tunkillia Phase 2 drilling (BGDFF)?

Key assays include 29m @ 1.24 g/t Au from 48m, 22m @ 0.93 g/t Au from 44m, and 19m @ 1.34 g/t Au from 149m. According to Barton Gold, these intervals contain higher-grade sub‑intervals up to 4.08 g/t Au and 2.85 g/t Au.

How does the new Tunkillia drilling update affect Barton Gold’s Pre-Feasibility Study timeline?

The update supports an ongoing Pre-Feasibility Study for Tunkillia, led by GR Engineering. According to Barton Gold, the PFS is underway and targeted for completion in Q1 CY27 to incorporate expanded drilling and potential Mineral Resource upside into the study.

What Mineral Resource base does Barton Gold (BGDFF) report across its projects?

Barton Gold reports 2.2Moz gold and 3.1Moz silver JORC Mineral Resources, totalling 79.9Mt @ 0.87 g/t Au. According to Barton Gold, this includes the Tunkillia, Challenger, Tarcoola and Wudinna projects, plus 100% ownership of the region’s only gold mill.

What does the latest Tunkillia drilling news mean for Barton Gold (BGDFF) shareholders?

The news indicates continued broad and higher-grade mineralisation in key pit areas at Tunkillia. According to Barton Gold, Phase 1 and 2 drilling may support future gold and silver Mineral Resource upgrades and underpin the ongoing Pre-Feasibility Study and Mining Lease application.

Who is leading Barton Gold’s Tunkillia Pre-Feasibility Study and what is the target completion date?

GR Engineering (GRES) is leading the Tunkillia Pre-Feasibility Study for Barton Gold. According to Barton Gold, the study is underway and targeted for completion in the first quarter of calendar year 2027 to reflect expanded drilling information.